Company Research Report: Free Market Health
Company Overview
- Name: Free Market Health
- Mission: Never let the process fail the patient.
- Founded: 2019
- Founder: Joe Cardosi (Founder and Chief Executive Officer)
- Key People:
- Joe Cardosi - Chief Executive Officer
- Adam Kracht - VP, Finance
- Ann O'Brien - VP, Payer Sales
- Bob DiRenzo - SVP, Pharmacy Services and Client Insights
- Brian Sidone - SVP, Strategy
- Carolyn Roberts - VP, Operations
- Charlie Bryan - SVP, Enterprise Analytics
- Dana Bethune - Head of People and Culture
- Don Vidic - Chief Commercial Officer
- Jason Posey - VP, Client Services
- Jenn Polzin - VP, Payer Sales
- Jeremy Urbas - VP, Payer Sales
- Justine Wiebusch - SVP, Payer Sales
- Karen Maher - Chief Administrative Officer
- Kathy Peters - VP, Client Success
- Lori Kelly - VP, Marketing
- Mark Conklin - Chief Technology Officer
- Mike Simas - Chief Operating Officer
- Sara Fitzpatrick - VP, Payer Sales
- Scott Cuppy - Head of Business Development & Strategy
- Steve Baumgardner - EVP, Pricing and Underwriting
- Headquarters: Pittsburgh, PA
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: Empowering stakeholders in the specialty pharmacy ecosystem with a care-driven marketplace platform.
Products
- Specialty Pharmacy Referral and Reimbursement Solution
- Description: A cloud-based healthcare technology platform designed to facilitate and enhance the referral and pharmacy matching process for specialty medications.
- Key Features:
- Real-time knowledge gathering and decision-making
- Enhanced access and accountability
- Real-time views into referral status and specialty pharmacy performance
- Dynamic, real-time best pricing and referral stratification and routing
- Opportunities for value-based incentives
- Tools to manage medication spend, speed fulfillment, and monitor performance.
Recent Developments
- Partnerships and Expansions:
- Partnered with Prime Therapeutics to launch a pharmacy solution for specialty drugs, expanding specialty pharmacy access and choice.
- Successfully completed SOC 2 Type 2 Audit ensuring data security and privacy compliance.
- Corporate Developments:
- Moved office space, remaining in the Strip District.
- Innovations and Recognitions:
- Celebrated as one of the Best Places to Work in 2023 among medium-sized companies.
- Raised $20 million in a Series B funding round to further scale their innovative healthcare solutions.
- Recognized as a leader in pharmacy technology innovation.
- Launching New Solutions:
- Introduced a technology-driven solution, Pharmacy Match, in collaboration with Prime/MRx to enhance the specialty pharmacy network.
- Mercer launched Mercer SelectRx, a tech-enabled solution in partnership with Free Market Health, aimed at reducing specialty drug costs for employers and their employees.
This report is based on the current data available for Free Market Health and does not include forecasts or speculative considerations.
