{"id":9719,"date":"2020-03-16T14:03:52","date_gmt":"2020-03-16T18:03:52","guid":{"rendered":"https:\/\/www.singlecare.com\/blog\/?p=9719"},"modified":"2020-07-10T13:11:24","modified_gmt":"2020-07-10T17:11:24","slug":"fast-company-most-innovative-companies","status":"publish","type":"post","link":"https:\/\/www.singlecare.com\/blog\/fast-company-most-innovative-companies\/","title":{"rendered":"RxSense wins Most Innovative Company Award"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Every year, <\/span><i><span style=\"font-weight: 400;\">Fast Company<\/span><\/i><span style=\"font-weight: 400;\"> releases a list of the World\u2019s Most Innovative Companies. For 2020, RxSense\u2014SingleCare\u2019s parent company\u2014was among the 434 most innovative companies across the globe, earning the #7 spot in the Health category.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The annual ranking showcases businesses that are changing industry and culture. This year\u2019s 434 winners hail from 39 different countries around the world. Previous health winners include Oscar Health and One Medical.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Fast Company <\/span><\/i><span style=\"font-weight: 400;\">editors seek out groundbreaking companies and judge nominees on their innovation and impact. It\u2019s one of their most highly anticipated features of the year. RxSense received this honor for its work disrupting the pharmaceutical industry, and making prescriptions more affordable to U.S. consumers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cAt a time of increasing global volatility, this year\u2019s list showcases the resilience and optimism of businesses across the world,\u201d said <\/span><i><span style=\"font-weight: 400;\">Fast Company<\/span><\/i><span style=\"font-weight: 400;\"> senior editor Amy Farley, who oversaw the issue with deputy editor David Lidsky. \u201cThese companies are applying creativity to solve challenges within their industries and far beyond.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">People in the U.S. <\/span><a href=\"https:\/\/www.oecd-ilibrary.org\/social-issues-migration-health\/health-at-a-glance-2015\/pharmaceutical-spending-trends-and-future-challenges_health_glance-2015-5-en;jsessionid=lQI5uajacNfO8SoGVQHFtJ0K.ip-10-240-5-171\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">spend more on prescriptions<\/span><\/a><span style=\"font-weight: 400;\"> than any other country in the world.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nearly <\/span><a href=\"https:\/\/www.kff.org\/health-costs\/press-release\/poll-nearly-1-in-4-americans-taking-prescription-drugs-say-its-difficult-to-afford-medicines-including-larger-shares-with-low-incomes\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">1 in 4 people<\/span><\/a><span style=\"font-weight: 400;\"> have trouble affording their meds; many don\u2019t take prescribed medication because of the cost. RxSense and SingleCare are working to solve this problem.\u00a0<\/span><\/p>\n<p><b>RELATED: <\/b><a href=\"https:\/\/www.singlecare.com\/blog\/what-is-singlecare\/\"><b>What is SingleCare?<\/b><\/a><\/p>\n<p><span style=\"font-weight: 400;\">RxSense <\/span><span style=\"font-weight: 400;\">is a high growth healthcare technology company that <\/span><span style=\"font-weight: 400;\">was founded in 2015 with a mission to develop technology solutions that improve healthcare transparency and access to more affordable medications. CEO and co-founder, Rick Bates, brought a seasoned group of healthcare veterans familiar with the challenges of the industry and paired them with a savvy tech team to develop a sophisticated architecture to address the pain points of pharmacy benefits administration. The result was RxAgile, a cutting-edge cloud-based platform that\u2019s smart and simple to use, offering the speed and flexibility to meet the needs of any client.<\/span> <span style=\"font-weight: 400;\">RxSense also utilizes its advanced platform and direct contracts with the nation&#8217;s largest pharmacies (including CVS, Walmart and Walgreens) to deliver consistently low prices direct to consumers on prescription drugs through both its<\/span> <a href=\"http:\/\/www.singlecare.com\"><span style=\"font-weight: 400;\">SingleCare<\/span><\/a> <span style=\"font-weight: 400;\">and <\/span><a href=\"http:\/\/www.familywize.org\"><span style=\"font-weight: 400;\">FamilyWize<\/span><\/a><span style=\"font-weight: 400;\"> prescription savings services, available via web, mobile app and pharmacy cards.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And, they\u2019re working to bring price transparency to the traditionally opaque industry through these partnerships directly with pharmacies. Using machine learning and AI to handle tens of thousands of prescriptions per day, the companies help consumers <\/span><a href=\"https:\/\/www.singlecare.com\/blog\/save-on-my-prescriptions-discounts\/\"><span style=\"font-weight: 400;\">save up to 80% on medications<\/span><\/a><span style=\"font-weight: 400;\"> they need. When pharmacies and customers can compare prices, they can make the best decisions\u2014for their health and their wallets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The consistently low prices that RxSense and SingleCare deliver improve adherence to medication, and enable millions of consumers to lead healthier lives.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Fast Company\u2019s<\/span><\/i> <b>Most Innovative Companies<\/b><span style=\"font-weight: 400;\"> issue is now <\/span><a href=\"https:\/\/www.fastcompany.com\/90457848\/health-most-innovative-companies-2020\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">available online<\/span><\/a><span style=\"font-weight: 400;\">, where you can read about RxSense\u2019s award.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Every year, Fast Company releases a list of the World\u2019s Most Innovative Companies. For 2020, RxSense\u2014SingleCare\u2019s parent company\u2014was among the 434 most innovative companies across the globe, earning the #7 spot in the Health category. The annual ranking showcases businesses that are changing industry and culture. This year\u2019s 434 winners hail from 39 different countries [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":9715,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[7],"coauthors":[8861],"class_list":["post-9719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company","tag-singlecare","wpautop"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>RxSense wins Fast Company Most Innovative Companies Award<\/title>\n<meta name=\"description\" content=\"SingleCare\u2019s parent company, RxSense, is showcased with the most innovative companies in the world. 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