Medical Banking Rx Employee Directory
Information Technology and ServicesArkansas, United States2-10 Employees
Medical Banking Rx is a small IT services and IT consulting firm based in Hot Springs Village, Arkansas, focused on technologies that increase transparency in the pharmacy claims process. The company holds two patent-pending processes designed for licensure to pharmacy benefit managers to prevent pharmacies from bypassing adjudication in 100% copay scenarios, including high-deductible plans. One capability provides real-time verification of adjudicated claims and price parity between quoted patient prices and PBM reimbursements, while another enables PBMs to initiate real-time patient payments to pharmacies with instant receipts and reversal notices. MBRx operates within the IT services and IT consulting industry, targeting the healthcare payments ecosystem and offering licensable solutions to PBMs and pharmacies. The company has been recognized with the HIMSS Medical Banking Project 'Disruptive Innovator' Award for its potential to transform healthcare through disruptive innovation.