Medicine Consultants
FiduciaryRx, LLCSee Hours
| Monday | 8:00 AM - 6:00 PM |
|---|---|
| Tuesday | 8:00 AM - 6:00 PM |
| Wednesday | 8:00 AM - 6:00 PM |
| Thursday | 8:00 AM - 6:00 PM |
| Friday | 8:00 AM - 6:00 PM |
| Saturday | Closed |
| Sunday | Closed |
About
About This Business
TransparentRx is America's pioneering fiduciary model pharmacy benefit manager (PBM), dedicated to transforming the PBM landscape through transparency, accountability, and superior patient outcomes. Founded and managed by industry veteran Tyrone Squires, TransparentRx stands out in the crowded PBM market by putting clients' interests first, adhering to the highest standards of fiduciary care.
Mission and Vision
TransparentRx's mission is to help an entire nation look better, feel better, and live longer. Our vision is to be globally recognized as the model PBM, renowned for reducing pharmacy costs without sacrificing the quality of care.
Core Values
- Transparency: We provide full disclosure of pricing and operations, ensuring clients are fully informed and can make the best decisions for their organizations and employees.
- Accountability: As a fiduciary, we are legally and ethically bound to act in the best interests of our clients, offering unbiased guidance and support.
- Patient-Centric Care: Our strategies prioritize patient outcomes, ensuring they receive the best possible care and medication management.
Leadership and Expertise
Under the leadership of Tyrone Squires, an expert with nearly two decades in the PBM and pharmacy industries, TransparentRx leverages deep industry knowledge and a commitment to education. Tyrone's background includes roles at Eli Lilly & Company and founding a mail-order pharmacy, PrescriptionGiant, which enhances his understanding of the complexities and opportunities within the PBM space.
Commitment to Education
TransparentRx is also home to the Pharmacy Benefit Institute of America, providing education and certification through programs like the Certified Pharmacy Benefits Specialist (CPBS). These programs empower executives, PBM consultants, and benefit brokers with the knowledge to navigate and optimize pharmacy benefits.
Recognition and Thought Leadership
TransparentRx and Tyrone Squires have been featured in prominent media outlets such as Bloomberg Business, highlighting their thought leadership and innovative approaches in the PBM industry. The company's blog, “The Employer's Guide Blog for Overseeing PBMs,” is a valuable resource for industry insights and strategies.
In summary, TransparentRx is redefining the PBM industry with its fiduciary model, unwavering commitment to transparency, and dedication to improving patient outcomes while managing costs effectively.
Products and Services
Services and Solutions
TransparentRx offers a comprehensive suite of services designed to optimize pharmacy benefits and manage costs effectively:
- Cost Management: Implementing innovative strategies to reduce drug spend while maintaining or improving patient outcomes.
- Benefit Design Consulting: Crafting customized benefit plans that align with organizational goals and employee needs.
- Clinical Services: Providing clinical expertise to manage drug utilization and ensure the effectiveness and safety of prescribed therapies.
- Data Analytics: Utilizing advanced analytics to provide actionable insights and drive decision-making.
Business Details
- Local BBB:
- BBB of Southern Nevada, Inc.
- BBB File Opened:
- 5/3/2016
- Business Started:
- 7/29/2012
- Business Started Locally:
- 4/29/2014
- Business Incorporated:
- 4/29/2014
- Type of Entity:
- Limited Liability Company (LLC)
- Alternate Names:
- TransparentRx, Pharmacy Benefit Institute of America
- TransparentRx
- FiduciaryRx LLC
- Business Management:
- Mr. Tyrone Squires, Managing Director
Additional Contact Information
- Principal Contacts
- Mr. Tyrone Squires, Managing Director
- Customer Contacts
- Mr. Tyrone Squires, Managing Director
- Additional Websites
- Website 1
Licensing information
This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
- The Certified Pharmacy Benefits Specialist program is licensed in all 50 states to provide continuing education for pharmacists and Life and Health licensees.
Additional Information
- Business Categories
- Medicine Consultants, Pharmaceutical Consultants
More Resources
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