DestinationRX, Inc.

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DestinationRX, Inc. - overview

Established

1999

Location

Los Angeles, CA, US

Primary Industry

Healthcare

About

DestinationRX, Inc. provides innovative technology solutions that streamline the Medicare shopping, quoting, and enrollment processes for health plans and insurance agencies, enhancing member retention through personalized experiences. DestinationRX, Inc. specializes in Medicare technology solutions, having been founded in 1999 and headquartered in Los Angeles, US.


In January 2013, the company was acquired by Connecture Inc. , part of a strategic growth initiative. The CEO is part of the DRX corporate leadership team. ConnectureDRX offers an integrated suite of technology solutions designed to facilitate Medicare shopping, quoting, enrollment, and member retention.


Their products include PlanCompare ONE for health plans and large agencies, and PlanCompare Edge for small to mid-sized agencies and individual agents, focusing on user needs such as engaging at-risk customers and transitioning members to Medicare insurance. ConnectureDRX serves diverse clients, including health plans and financial organizations, across the United States. ConnectureDRX generates revenue through various channels, including subscription models and partnerships with health plans and agencies, engaging in B2B transactions. Their offerings, such as the Medicare Retention Suite and Drug Savings Solutions, foster ongoing member engagement, supporting sustained revenue through recurring transactions tailored to client needs, enhancing operational efficiencies in the Medicare market.


DestinationRX, Inc. aims to expand its product lineup with new solutions designed to enhance the Medicare enrollment experience, expected to be launched in the upcoming fiscal year. The company is also targeting growth into additional geographic regions, specifically aiming to enter new US markets by the end of the next fiscal year. The acquisition by Connecture Inc.


in January 2013 will support these initiatives through increased investment in technology and resources to improve their offerings.


Current Investors

Connecture, Inc.

Primary Industry

Healthcare

Sub Industries

Healthcare

Website

www.drx.com

Verticals

HealthTech

Company Stage

Add-on

Total Amount Raised

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