PBM Holding Company

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PBM Holding Company - overview

Established

1998

Location

Covington, KY, US

Primary Industry

Pharmaceuticals

About

PBM Holding Company specializes in pharmacy benefits management, providing innovative solutions aimed at enhancing operational efficiency within the healthcare sector. PBM Holding Company, founded in 1998 and headquartered in Covington, US, focuses on pharmacy benefits management services. In August 2014, it was acquired by Enclara Health, Inc. , a portfolio company of Consonance Capital Partners.


The acquisition details have not been disclosed. Information about the founder is not available. The company's core offerings center around innovative solutions designed to enhance operational efficiency in the healthcare sector. They provide a comprehensive suite of products and services tailored to streamline prescription management and patient care processes.


Their flagship product facilitates the integration of pharmacy benefits management, optimizing the workflow between healthcare providers, pharmacies, and patients. The solutions address critical pain points such as medication adherence, cost management, and data tracking across various platforms. The company serves a diverse client base that includes healthcare providers, insurance companies, and pharmacy networks, primarily operating in North America and select markets in Europe and Asia. By focusing on improving patient outcomes and reducing costs, the company positions itself as a key partner in the healthcare ecosystem.


The company generates revenue through a structured model that primarily involves B2B partnerships with healthcare organizations and insurers. Clients engage in contractual agreements that include subscription-based services for accessing the company's technology platforms, alongside transactional fees associated with each prescription processed. Specific pricing plans are established based on the scale and complexity of the services utilized, allowing for customized solutions to meet the unique needs of each client. In addition, revenue is bolstered through strategic alliances with pharmaceutical companies, aiming to enhance the marketplace for both providers and consumers.


Overall, these revenue streams reflect a robust business model that capitalizes on sustained demand for efficient healthcare management solutions. Future growth plans for PBM Holding Company include the strategic development of new product offerings aimed at enhancing their technology platform for pharmacy benefits management. While specific product details and launch dates have not been disclosed, the company aims to expand its services into additional markets across North America and parts of Europe and Asia. Recent funding, resulting from the acquisition by Enclara Health, Inc.


, will be utilized to support these development initiatives. The focus on improving client engagement and operational efficiency remains a priority as the company seeks to strengthen its position within the healthcare management sector.


Current Investors

Enclara Pharmacia, Inc.

Primary Industry

Pharmaceuticals

Sub Industries

Specialty Pharmaceuticals

Website

www.pbmplus.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

PBM Holding Company - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedPBM Holding Company-

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