Connect with us

Technology

Capital Rx Achieves Place on the Deloitte Technology Fast 500™ for Third Year in a Row

Published

on

Capital Rx ranks #147 on the 2024 Deloitte Fast 500, the list of North America’s fastest-growing companies

NEW YORK, Nov. 21, 2024 /PRNewswire/ — Capital Rx, the full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA) advancing our nation’s electronic healthcare infrastructure ranked on the 2024 Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 30th year.

Capital Rx’s record growth continues as demand for JUDI® and its fully aligned pharmacy benefit solutions accelerates.

“Being listed on the Deloitte Fast 500 for the third year in a row is a testament to our team’s relentless drive, our technology’s peerless capabilities, and the market’s accelerating demand for an independent and transparent company, with the experience and capability to service employers and health plans of any size,” said co-founder & CEO, AJ Loiacono. “At the heart of our outsized success is JUDI®, our award-winning Enterprise Health Platform (EHP) that is vastly superior to the outdated, inflexible, and inefficient systems used by our competitors.”

JUDI, a proprietary EHP built by Capital Rx, consolidates all pharmacy benefit services for commercial, Medicare, and Medicaid plans in a single open, scalable platform. JUDI is a true enterprise solution, offering the scale and security required for large payers and seamless integration of administrative workflows and departments. By operating all services through a single source of truth, clients can leverage optimization, automation, and AI training to reduce administrative overhead and improve patient outcomes.

“All successful companies are powered by software in the 21st century,” said co-founder & CTO, Ryan Kelly. “The underinvestment in claim administration infrastructure reflects the PBM industry’s decades-long focus on consolidation over innovation, leaving a generational gap in technology that is being filled by JUDI and the Capital Rx team.”

Capital Rx debuted on the Deloitte Technology Fast 500 award list at #15 in 2022 and ranked #179 in 2023.

“For 30 years we’ve been celebrating companies that are actively driving innovation. The software industry continues to be a beacon of growth, and the fintech industry made a strong showing on this year’s list, surpassing life sciences for the first time,” said Steve Fineberg, vice chair, U.S. technology sector leader, Deloitte. “Significantly, we also saw a breakthrough in performance of private companies, with the highest number of private companies named to the list in our program’s history. This year’s winners have shown they have the vision and expertise to continue to perform at a high level, and that deserves to be celebrated.”

“Innovation, transformation and disruption of the status quo are at the forefront for this year’s Technology Fast 500 list, and there’s no better way to celebrate 30 years of program history,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s Audit & Assurance practice. “This year’s winning companies have demonstrated a continuous commitment to growth and remarkable consistency in driving forward progress. We extend our congratulations to all of this year’s winners — it’s an incredible time for innovation.”

Overall, 2024 Technology Fast 500 companies achieved revenue growth ranging from 201% to 153,625% over the three-year time frame, with an average growth rate of 1,981% and median growth rate of 460%.

About the 2024 Deloitte Technology Fast 500
Now in its 30th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2020 to 2023. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 460,000 people worldwide connect for impact at www.deloitte.com.

About Capital Rx
Capital Rx is a full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA), advancing our nation’s electronic healthcare infrastructure to improve drug price visibility and patient outcomes. As a Certified B Corp™, Capital Rx is executing its mission through the deployment of JUDI®, the company’s cloud-native enterprise health platform, and a Single-Ledger Model™, which increases visibility and reduces variability in drug prices. JUDI connects every aspect of the pharmacy ecosystem in one efficient, scalable platform, servicing tens-of-millions of members for Medicare, Medicaid, and commercial plans. Together with its clients, Capital Rx is reimagining the administration of pharmacy benefits and rebuilding trust in healthcare. To learn more, visit www.cap-rx.com.

Media Contacts
Mike Passanante, SVP, Marketing & Communications
Justin Venneri, Director, Communications
marketing@cap-rx.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/capital-rx-achieves-place-on-the-deloitte-technology-fast-500-for-third-year-in-a-row-302312408.html

SOURCE Capital Rx

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

United Real Estate Continues East Coast Expansion with North Carolina Brokerage

Published

on

By

New brokerage affiliation is part of United’s national strategic growth plan

DALLAS, Nov. 21, 2024 /PRNewswire-PRWeb/ — United Real Estate announced today it has launched a new North Carolina franchise partnership. The union is a key strategic move on United’s roadmap for continued regional and national growth. United Real Estate | Tri-County, based in Wilson, connects United’s east coast service footprint from Upstate New York to South Florida and complements United’s existing North Carolina operations.

As part of this new partnership, United | Tri-County affiliates will access powerful property marketing and branding platforms, Marketing Hub and LeadBoost, an agent training and professional development portal, Learning Academy, and United’s suite of innovative services that create outstanding transactions for agents and clients.

Co-owners Thomas Whitley and Dylan Stroud are charting an exciting path forward to become a regional firm and expand market share. Stroud and Whitley are leveraging a new-to-market 100% agent compensation model in this initiative. United’s model is considered an “industry disruptor,” only charging agents one flat fee for every transaction instead of requiring them to pay a greater percentage of their earnings, known as a broker commission split. This innovative approach provides agents more funds to invest in marketing clients’ properties and allows pricing optionality to enable them to do what is best for their clients and to win more business.

United Real Estate President Rick Haase commented on the union, “This is another example of our mission to facilitate our agents and brokers in their quest for success. Thomas and Dylan are driving our growth in the region; they are fine people and are on the right mission to serve agents and clients alike.”

Whitley describes how United | Tri-County will offer unique and better experiences for agents and clients. “We have the perfect mix of hands-on support and local expertise combined with all the tools and programs of our national partner, United Real Estate, currently the fastest-growing real estate company in America. Agents can choose when, where and how they want to work based on their clients’ needs, whether at the office or virtually. Our new partnership has created momentum and excitement in our office and community.”

Stroud explains the company’s growth strategy. “We were formally operating as a satellite office for a larger MSA in North Carolina. We now have the resources to expand from a small local office to one that is growing a regional presence with future additional locations. Thomas and I can invest 100% of our time developing our agents and making this the best company to work with. We bring new energy and ideas to the table and are intent on capturing market share.”

About United Real Estate
United Real Estate (United) – a division of United Real Estate Group – was founded with the purpose of offering solutions to real estate brokers and agents in the rapidly changing real estate brokerage industry. United provides the latest training, marketing and technology tools to agents and brokers under a flat-fee, transaction-based agent commission model. By leveraging the company’s proprietary cloud-based Bullseye™ Agent & Broker Productivity Platform, United delivers a more profitable outcome for agents and brokers. United Real Estate operates in 32 states with 159 offices and more than 21,000 agents. The company produced over 70,000 transactions and $27.8 billion in sales volume in 2023.

About United Real Estate Group
United Real Estate Group (UREG) operates United Real Estate and United Country Real Estate, addressing the unique market needs of suburban, major metropolitan urban and rural markets. Utilizing the cloud-based Bullseye™ Agent & Broker Productivity Platform, UREG offers the latest training, marketing and technology tools producing a significant competitive advantage. The platform realizes a decade-long investment in virtual agent and brokerage technology services and is powered by a 2.6 million listings data warehouse generating over 3 million monthly visitors and 30,000+ leads per year. Together, the United Real Estate Group supports more than 590 offices and over 23,100 real estate and auction professionals across four continents. United Real Estate Group produced more than 89,000 transactions and $35.2 billion in sales volume in 2023. Through its in-house advertising agency, UREG offers differentiating marketing support and collateral for specialized lifestyle property websites as well as access to a 800,000+ opt-in buyer database. For more information about United Real Estate or United Country Real Estate, please visit UnitedRealEstate.com or UnitedCountry.com.

To learn more about United Real Estate, brokerage succession planning, brokerage valuation and sale or franchising opportunities, visit GrowWithUnited.com. Agents interested in learning about career opportunities with United Real Estate can visit JoinUnitedRealEstate.com.

Media Contact

April Gonzalez, United Real Estate, 504-237-3500, AGonzalez@UnitedRealEstate.com, www.UnitedRealEstate.com

View original content to download multimedia:https://www.prweb.com/releases/united-real-estate-continues-east-coast-expansion-with-north-carolina-brokerage-302313432.html

SOURCE United Real Estate

Continue Reading

Technology

Viridi Listed on the 2024 Deloitte Technology Fast 500™ for Fastest-Growing Companies in North America

Published

on

By

Attributes 571% Revenue Growth to its Groundbreaking Failsafe Battery Technology and its Commitment to Providing Innovative Energy Solutions

BUFFALO, N.Y., Nov. 21, 2024 /PRNewswire/ — Viridi Parente (Viridi), a leader in developing fail-safe battery energy storage systems that provide on-demand and resilient power for use in industrial, medical, commercial, municipal, and residential building applications, today announced its inclusion in the Deloitte Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 30th year.

Viridi’s CEO, Jon M. Williams, attributes the company’s innovative success to its failsafe battery energy storage systems (BESS), which feature breakthrough anti-propagation technology designed to prevent thermal runaway and mitigate the risk of lithium-ion battery fires. Prioritizing safety, scalability, and clean energy solutions, Viridi has developed the world’s first failsafe lithium-ion BESS. This cutting-edge system integrates advanced AI and connectivity, enabling unparalleled remote monitoring and optimization.

Notably, Viridi’s BESS was the first to be installed in an occupied space, setting a new standard for energy storage. From powering remote mountain races, the largest sporting event, and music festivals in the desert, Viridi’s systems are also indispensable in critical infrastructure and emergency response efforts, including deployments during hurricanes Helene and Milton.

“At Viridi, we didn’t see the challenges of the energy storage sector as insurmountable barriers, but as opportunities to make a significant impact on the clean energy transition,” said Jon M. Williams. “By pioneering fail-safe lithium-ion battery technology, we tackled one of the sector’s most daunting safety concerns head-on. This endeavor wasn’t just about pushing the boundaries of current technology, but also about urging the industry towards adopting fail-safe standards, redefining what’s possible in energy storage and safety.”

Viridi’s 160,000-square-foot smart manufacturing facility in Buffalo, NY has further boosted the company’s production capacity, allowing it to scale rapidly to meet rising demand.

Overall, 2024 Technology Fast 500 companies achieved revenue growth ranging from 201% to 153,625% over the three-year time frame, with an average growth rate of 1,981% and median growth rate of 460%.

About the 2024 Deloitte Technology Fast 500
Now in its 30th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2020 to 2023.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About Viridi
Viridi Parente, Inc. (Viridi) is a point-of-use lithium-ion battery technology company based in Buffalo, New York, that is reimagining energy storage. Viridi’s innovative, fail-safe battery technology, developed from materials used for aerospace and military applications, is the only design in the market that can be safely installed and operated in nearly any environment or location, bringing fail-safe battery storage technology into applications that have historically been dominated by fossil fuel and lead-acid systems.

Learn more at: www.viridiparente.com, and follow Viridi on LinkedIn.

About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 460,000 people worldwide connect for impact at www.deloitte.com.

PR Contact: Alexandra Pony, Pony Communications, 250.858.0656,
386761@email4pr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/viridi-listed-on-the-2024-deloitte-technology-fast-500-for-fastest-growing-companies-in-north-america-302313434.html

SOURCE Viridi Parente

Continue Reading

Technology

INTERNATIONALLY RENOWNED SUSHISAMBA RETURNS TO ITS ROOTS WITH FIRST U.S. OPENING SINCE 2008

Published

on

By

Global restaurant group set to debut Los Angeles location in 2025.

LOS ANGELES, Nov. 21, 2024 /PRNewswire/ — After years of successful international expansion, SUSHISAMBA is bringing its legendary mix of Japanese, Brazilian, and Peruvian culture and cuisine back to the U.S. when it’s new outpost in West Hollywood’s Design District will debut in the summer 2025. The brand’s newest location will wow guests with its signature cuisine, and world-class hospitality in a striking rooftop space featuring multi-level open-air dining, captivating design, 360-degree views of the LA skyline, and a state-of-the-art retractable roof.

“We’ve long awaited the right opportunity to bring SUSHISAMBA back to the U.S., and the vibrant energy of Los Angeles—combined with this extraordinary location—offers an ideal setting for our next evolution,” states Omar Gutierrez, Co-CEO of SUSHISAMBA Group. “LA’s dynamic culinary landscape, cultural diversity, and electric atmosphere align perfectly with SUSHISAMBA’s spirit, making this a truly exciting moment for our brand.”

Designed by Dizon Collective, the dynamic 17,500 sq. ft. space embodies SUSHISAMBA’s cultural influences through thoughtfully curated design. Inspired by the iconic wave patterns of Roberto Burle Marx’s Copacabana sidewalks in Rio de Janeiro, the restaurant showcases soft, flowing shapes and inviting seating areas that foster both intimate moments and lively gatherings, enhanced by warm lighting and vibrant greenery.

At the heart of the venue are its expansive sculptural trellises, which provide shade by day and transform into a vibrant light show by night, amplifying the restaurant’s dynamic atmosphere. Crafted from recyclable materials, the trellis canopies create a surreal, dreamlike ambiance against sweeping panoramic views. A striking, marble bar with a billowing design energizes the space, inviting guests to gather for cocktails and conversation. Anchored by custom Brazilian-inspired terrazzo flooring, these seamlessly interconnected spaces offer a captivating destination where cuisine, music, and design converge from day to night.

Inside, a glass-wrapped sushi bar and robata grill embody the Japanese dedication to craft, offering an engaging “theater” dining experience where guests can witness precision and artistry up close. Adjacent to the sushi bar, an exclusive 16-seat private dining room awaits, accessible via a private elevator and a discreet kitchen entrance. With oversized, basket-woven walls, warm wood accents, and hand-blown glass sculptures, the room exudes sophistication with a touch of whimsy—perfect for intimate gatherings.

SUSHISAMBA Los Angeles menu will showcase a fresh blend of Japanese, Brazilian, and Peruvian influences crafted under the guidance of Corporate Chef John Um, who brings over 20 years of culinary experience and creative vision. Committed to delivering a memorable dining experience, the restaurant will feature exciting new dishes alongside acclaimed signature offerings – from vibrant seviches and expertly prepared sushi to bold, flavorful robata creations.

SUSHISAMBA Los Angeles will open in the summer of 2025 at The La Peer Building, 639 N La Peer Dr, West Hollywood CA 90069. For more information visit: sushisamba.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/internationally-renowned-sushisamba-returns-to-its-roots-with-first-us-opening-since-2008-302313442.html

SOURCE SUSHISAMBA

Continue Reading

Trending