TransactRx
IT Services and IT ConsultingFlorida, United States2-10 Employees
TransactRx operates in IT services and IT consulting, offering a cloud-based Cross Benefit Clearinghouse platform that links real-time pharmacy claims processing with medical claims processing. This integration supports cross-benefit reimbursement programs, enabling pharmacy providers to be reimbursed for products and services covered by a patient’s medical benefits and vice versa. The platform also provides claims adjudication and payment processing for both pharmacy and medical transactions and offers an API for integration with software vendors. Based in Miami, Florida, the company serves payers, pharmacies, and medical providers seeking to move coverage across benefits and streamline reimbursement for vaccines and other medical goods. In 2022, TransactRx was acquired by RedSail Technologies and subsequently integrated with RedSail’s pharmacy management ecosystem to enable billing within standard pharmacy workflows.