Radical Efficiency That Accelerates Access to Treatment and Lowers Your Costs
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At CareMetx, we are proud of our longstanding history of helping patients. Our roots trace back almost 40 years when our founder, Bob Dresing led the Cystic Fibrosis Foundation—an organization that sponsored research, funded care centers, partnered with manufacturers, and advocated for patients. Mark Hansan, CareMetx’s co-founder and CEO, joined the Foundation in 1984, leading several important initiatives including the creation of the nation’s first disease-specific specialty pharmacy which grew to serve over 80% of people with CF.
After leaving the Foundation in the mid-90s, Bob and Mark co-founded TheraCom, one of the predecessor companies to today’s Hub services industry. Today, TheraCom is a division of the Lash Group, a part of the AmerisourceBergen Corporation.
In 2011, Bob and Mark co-founded CareMetx along with four of their previous leadership team members from TheraCom. From the very beginning, the focus has been to help patients overcome the barriers that exist in their effort to obtain and benefit from specialty medicine. The leadership team also recognized the opportunity to add technology innovations to speed up access while maintaining a commitment to patient support provided by dedicated team members.
Helping to accelerate CareMetx’s efforts have been strong investors including Walgreens’ WellVentures division which first invested in 2013. In 2017, The Vistria Group, a Chicago-based private equity firm acquired Walgreen’s interest in CareMetx. General Atlantic became a majority strategic investor alongside Vistria following a recapitalization in early 2021.
Along the way, CareMetx has acquired value-creating companies including PharmaDynamics, Inc. from Walgreens in 2013, eServices innovator, VirMedica, Inc. from HealthQuest Capital and Petra Capital in 2018 and, also in 2018, BioSolutia, LLC an award-winning, privately-owned Hub company based in Lake Mary, Florida. In 2021, CareMetx acquired Phyz, Inc., a privately-owned non-dispensing pharmacy company based in San Antonio, Texas.
Since being founded, CareMetx has maintained one common theme–that patients are the priority. Our proudest accomplishment thus far lies in the millions of patients we have helped in getting access to life-enhancing and even life-saving therapies. This accomplishment is due in large part to the hundreds of dedicated team members who have embraced our mission and demonstrated the values that Bob and Mark have long championed to make a difference for patients in need.