Pharmacy benefits manager Capital RX announced that the Health Navigation Platform Amino Health has taken over.
Amino Health becomes Capital RX’s Care Navigation range, Judi Care, which extends the company’s business platform capacity to nearly 60 million covered lives in its portfolio.
Judi Care is a navigation platform for health care that connects members with built -in cost transport room in the network.
The platform is intended to simplify the process by searching for providers, booking agreements, cost estimates and savings for recipe.
According to the company, Judi Care, in combination with Judi Health, will offer a uniform claim processing platform, health plans, external managers, government agencies, employers and health systems with a fully integrated range aimed at the management of pharmacy and medical benefits.
“Outdated technology, folders of ancient provider and incorrectly aligned stimuli should never collapse the care journey of a patient,” said AJ Loiacono, co -founder and CEO of Capital RX, in a statement.
“With the DAT-first of Judi Care, AI-driven patient navigation solution, we bring our customers the level of transparency and control that are necessary to involve members and enable the best possible care to look for when needed.”
John Asalone, currently the CEO of Amino Health, becomes executive vice president of Judi Care.
“By searching for providers, booking appointments, cost estimates and prescription savings in one seamless experience, we enable people to take control of their health,” Asalone said in a statement.
“We have brought all the data together in a configurable, AI-driven platform to offer the best possible navigation experience. Participating in Capital RX will speed up our mission and bring the platform to millions of more members.”
The larger trend
In 2024, Amino Health and Motive Practice Solutions Wise Launched Amino Motivate, an ACO optimization offer (Accessable Care Organization (ACO) that integrates data-driven physician performance analyzes and advisory services.
Amino Motivate is intended to offer a detailed analysis that compares ACO doctors with peers in comparable networks, aimed at the costs, quality and relevance of care.
It also identifies important areas of improvement with which ACOs can make decisions about the allocation of resources and care strategies.
Amino Health was secured in July 2023 $ 42 million in credit financing from Oxford Finance as part of a $ 80 million increase in May.
The company used the funds to accelerate its growth, expand its team, increase the market range and improve its technology infrastructure.
Amino Health received in 2023 $ 80 million in equity and debt financing led by Transformation Capital next to Oxford Finance.
Transformation Capital came to existing investors WTI, Red Swan Ventures, North Woodmere Capital and Commerce Ventures.
In 2024, Capital RX never launched again, a pharmacy advantage management model that enables itself to get funded planning sponsors to continuously access preference drug prices without re -exploding a plan, re -execution or exposing members to unnecessary disruption.
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