Q: Tell us some interesting details about your company’s history.
RxParadigm, founded in 2021 by CEO Mesfin Tegenu, is built on nearly 30 years of industry expertise, delivering innovative pharmacy services and driving positive outcomes for clients. Our leadership team brings together diverse backgrounds in pharmacy and technology, positioning RxParadigm as a leader in futuristic pharmacy technology solutions.
Q: Provide some fun facts about your company:
- Born in the Cloud: RxParadigm was designed as a cloud
- Tech-First Approach: RxParadigm combines the latest in pharmacy and technology, using blockchain and machine learning to streamline operations and enhance outcome.
- Diverse Team: The leadership team at RxParadigm includes professionals from over three different countries, bringing a global perspective to pharmacy technology solutions.
- Start-Up Spirit: Despite its rapid growth, RxParadigm maintains a start-up culture, encouraging innovation, agility, and out-of-the-box thinking.
- Employee-Driven Innovation: RxParadigm has an internal innovation lab where employees can experiment with new ideas, some of which have led to breakthrough solutions in pharmacy tech.
Q: What makes your company unique in the 340B space?
RxParadigm is the only company that has developed a neutral 340B marketplace, designed to eliminate double billing—a significant issue within the 340B program. This neutral marketplace, known as the “340B Clearinghouse,” serves covered entities, government and commercial payers, as well as drug manufacturers. RxParadigm is proud to offer a solution in the increasingly contentious 340B program, acting as a neutral and fair arbiter focused on addressing a problem that has grown large enough to attract legislative attention.
Q: What about your company’s work are you most proud of?
RxParadigm is proud of its unwavering commitment to innovation, integrity, and impact within the pharmacy services industry. The company takes pride in developing cutting-edge solutions like Tungsten +PLUS, an end-to-end rebate administration technology, and the 340B claims Clearinghouse. RxParadigm is also proud of its diverse and dedicated team, whose expertise and passion drive the company’s success. Above all, RxParadigm is proud to be a trusted partner for its clients, helping them navigate an ever-changing healthcare landscape while improving patient outcomes and fostering sustainable growth.
Click here to learn more about RxParadigm or for questions email: carlo.cioffi@rxparadigm.com.
