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Capital Rx
We’re excited to announce that Crain’s New York has recognized Capital Rx co-founder and Chief Technology Officer Ryan Kelly as one of its Notable Leaders in Healthcare this year! This list recognizes the local healthcare leaders whose work is vital to the functioning and advancement of the city’s health care system and the city itself.
As Capital Rx’s CTO, Ryan oversees several teams comprised of over 200 individuals. He is responsible for all R&D and innovation projects associated with the creation and launch of JUDI®, Capital Rx's award-winning, proprietary next-generation enterprise health platform.
“JUDI is transforming a crucial aspect of healthcare: claim administration. We’re bringing innovation to the forefront of pharmacy benefit administration, streamlining processes, lowering costs, and improving health outcomes,” Ryan said. “I'm committed to pushing the boundaries of what’s possible in the healthcare space, and the future holds even more exciting advancements as we continue to set new standards for the electronic infrastructure that will support the care of tens of millions of Americans and hundreds of thousands of New Yorkers.”
JUDI’s flexibility, scalability, security, and future proof design were key in forging Capital Rx’s strategic alliance with Prime Therapeutics, which makes JUDI the sole platform that will process more than 50 million lives across 19 Blue Cross Blue Shield plans.
As Mostafa Kamal, President and CEO of Prime, put it in an interview with MedCity News, “When we looked at everything that’s out there in the market, JUDI stood head and shoulders above anything that’s out there, anything that’s in development from our viewpoint.”
Most recently, Ryan and his team were able to build and deploy a Medicare Prescription Payment Plan (M3P) solution in weeks, thanks to JUDI’s modern design. And Capital Rx’s unbundled pharmacy benefits solution, Never Move Again™, supports employer plan fiduciaries’ diverse needs due to JUDI’s data storage capabilities and interoperability.
“There are thinkers, there are doers, and then there are the rare individuals who possess the knowledge and conviction to successfully deliver results,” co-founder & CEO of Capital Rx, A. J. Loiacono, said. “Ryan Kelly is that person, but equally important as his ability to build JUDI is the strength of his integrity and character. Our organization’s reputation for excellence and reliability reflects his extraordinary contributions and the power of our technology.”
The full NY Notable Leaders List can be read here.
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 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.capitalrx.com.