TransactRx
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TransactRx - overview
Established
2007
Location
South Miami, FL, US
Primary Industry
Software
About
Based in Florida, US, and founded in 2007, POC Network Technologies, Inc. , d. b. a TransactRx is a national provider of reimbursement solutions for vaccines and specialty pharmaceutical products administered at the point-of-care.
The company's software integrates real-time pharmacy and medical claims processing, enabling billing for both benefits. In June 2022, RedSail Technologies, LLC, a portfolio company of Francisco Partners acquired TransactRx. The firm has offices in Miami, FL; and Phoenix, AZ. TransactRx provides a software platform intended simply for the healthcare industry.
The company's primary development is to combine the various systems for processing pharmacy and medical claims into a single platform. The firm enables healthcare practitioners to bill for both treatments at once, simplifying the process for both them and their patients.
Current Investors
RedSail Technologies, LLC
Primary Industry
Software
Sub Industries
Healthcare IT, Accounting/Finance Software
Website
www.transactrx.com
Verticals
Cloud Computing, HealthTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
TransactRx - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | TransactRx | - | ||||||||
| Unspecified Exit | Completed | TransactRx | - | ||||||||
| Growth | Completed | TransactRx | - | ||||||||
| Secondary Buyout | Completed | TransactRx | - |
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