Abarca Health

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Abarca is igniting a revolution in healthcare. We are starting by redefining pharmacy benefits, but this is just the beginning. We built our company on the belief that with smarter technology and a straightforward approach to business, we can provide a better experience and higher value for payers and consumers. For more than a decade, we have challenged many industry conventions and trampled on a few. So, call us a PBM for discussion purposes, but we are unlike any other company out there. Today, we manage more than $3.5 billion in drug costs for millions of Americans, with unheard-of client satisfaction and retention.

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3.3

Overall Excellence Rating

Industry

Healthcare

Category

Information Technology Support Services

ESG/Ethical Impact

Abarca Health, as a healthcare technology and pharmacy benefits management company, demonstrates a commitment to environmental sustainability by integrating responsible practices into its operations. While the primary focus is on optimizing pharmacy services, the company’s operations and technologies can also contribute to sustainable efforts. Implementing digital solutions to reduce paper waste, promoting virtual consultations, and adopting energy-efficient technologies are ways in which Abarca Health can minimize its ecological footprint. By considering sustainable solutions in its operations, Abarca Health aligns with broader environmental preservation efforts and showcases a holistic approach to addressing environmental challenges within the healthcare technology sector.Abarca Health’s social impact is significant, driven by its mission to enhance healthcare access and quality through technology-driven pharmacy benefits management. The company’s innovative approach has the potential to positively impact patient care, medication adherence, and healthcare outcomes. Additionally, Abarca Health may engage in community health initiatives, collaborations with healthcare organizations, and support for programs that promote healthcare education and affordability. Through its services and partnerships, Abarca Health contributes to building a more inclusive, patient-centric, and digitally empowered healthcare system.Abarca Health maintains strong governance practices that prioritize ethical conduct, transparency, and accountability. The company’s leadership fosters a culture of integrity, ensuring compliance with regulatory standards and promoting responsible pharmacy benefits management practices. Abarca Health’s commitment to patient privacy, data security, and evidence-based care reflects its dedication to upholding ethical principles and building trust with clients and patients. By adhering to the highest ethical standards, Abarca Health sets a benchmark for industry leadership in governance and ethical behavior within the healthcare technology field.Aligned with its ESG values, Abarca Health recognizes the interconnectedness of responsible practices and sustained financial growth. The company’s integration of sustainability considerations into its financial strategy fosters long-term value creation for healthcare providers, partners, and investors. Abarca Health’s approach to risk management, innovation, and strategic investments aligns with its commitment to advancing pharmacy benefits management solutions. By aligning financial success with social responsibility, Abarca Health demonstrates that responsible business practices contribute to both financial performance and positive societal impact.Ethics are central to Abarca Health’s operations, reflecting its commitment to patient well-being, data accuracy, and responsible pharmacy benefits management. The company’s focus on optimizing medication management while adhering to ethical guidelines underscores its dedication to improving patient health outcomes. Abarca Health’s emphasis on ethical behavior extends to its collaborations with healthcare professionals, regulatory bodies, and stakeholders, ensuring that its pharmacy solutions positively impact patient care and contribute to the advancement of healthcare services. Through its ethical excellence, Abarca Health advances its mission of providing ethical and impactful pharmacy benefits management solutions while maintaining the highest standards of integrity.

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Awards Received

2023

Revenues

$105,000,000.00

Website Traffic

Employee Rating

3.6

Customer Rating

3.4

Company Size

100-1000

ESG Risk Rating

3

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