# RxSense

> RxSense is a Boston healthcare technology company combining enterprise pharmacy-benefit software and services with consumer prescription savings through SingleCare. Its RxIQ tools handle claims, benefit configuration, analytics and pricing, while its pharmacy marketplaces compare participating discount programs.

- **Founded:** 2015
- **Headquarters:** Boston, United States
- **Founders:** Rick Bates (Founder and CEO)
- **Products:** SingleCare, RxIQ Enterprise, RxIQ Business Intelligence, RxIQ Price AI, RxIQ Autosave
- **Notable:** Named to Fast Company’s World’s Most Innovative Companies list in 2020., Inc. Best in Business recognition in 2023 and 2024., SingleCare reports more than $4 billion in cumulative consumer savings.

## Products & services

- **SingleCare** — Free consumer prescription discount service with direct pharmacy relationships.
- **RxIQ Enterprise** — Cloud platform for claims adjudication and benefit and formulary configuration.
- **RxIQ Business Intelligence** — Claims analytics, dashboards, alerts and repricing.
- **RxIQ Price AI** — Automates pricing adjustments against contract rules and user-set guardrails.
- **RxIQ Autosave** — Compares benefit pricing with selected discount cards and supports deductible credit in participating arrangements.
- **Digital pharmacy marketplaces** — White-label tools compare participating discount-card prices through APIs.
- **GlobalBIN** — A single Plan ID routes pharmacy staff to a discount price selected by configurable logic.
- **Cost-plus savings programs** — Pharmacy programs for regional providers and grocers.
- **PBM services** — Core, modular and full-service arrangements, including operational and clinical support.

## Achievements

- Named to Fast Company’s World’s Most Innovative Companies list in 2020.
- Inc. Best in Business recognition in 2023 and 2024.
- SingleCare reports more than $4 billion in cumulative consumer savings.
- An unnamed health-system case study reports $7 million in first-year annualized savings; not an independently audited or generally applicable result.

## Latest updates

- **2026-08** — Announced TailorMed partnership for assistance discovery in participating marketplaces.
- **2026-05** — Announced fifth Modern Healthcare Best Places to Work recognition.
- **2026-01** — Published ProAct video case study on configuration and real-time data.

## Links

- Website: https://www.rxsense.com/
- LinkedIn: https://www.linkedin.com/company/rxsense/
- Twitter/X: https://x.com/RxSense
- YouTube: https://www.youtube.com/channel/UCJu8DTvPaIUWo-6FXZlnXHw
- Facebook: https://www.facebook.com/rxsense/

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Profile page: https://yespress.io/rxsense
Published by YesPress — https://yespress.io
Last updated: 2026-10-01