Finance

RxSense Expands Government Management With Appointments of Chief Monetary Officer and Chief Working Officer

TG Ganeshan Joins as CFO from Optum; Wesley Arnett Employed as COO from R1 RCM

BOSTON, July 08, 2021–(BUSINESS WIRE)–RxSense®, the healthcare know-how firm delivering industry-leading options for pharmacy advantages and prescription financial savings, immediately introduced the appointments of TG Ganeshan as Chief Monetary Officer and Wesley Arnett as Chief Working Officer.

Ganeshan will probably be liable for managing all monetary points of the RxSense enterprise. Arnett will lead RxSense Operations, Know-how and InfoSec groups. Each roles will report straight into the CEO and founder, Rick Bates.

“These appointments signify a major milestone for our enterprise as we take one other step in our ascension as a number one healthcare know-how firm,” mentioned Rick Bates, founder and CEO of RxSense. “TG and Wes are seasoned executives who carry super healthcare expertise to our workforce and their strategic management will probably be instrumental as we proceed to develop new merchandise, scale our operations and construct our enterprise for long-term development.”

Earlier than becoming a member of RxSense, Ganeshan was CFO of Optum’s Payer Providers group, a multi-billion greenback enterprise inside Optum Perception, and he additionally served as CFO of Optum’s Cost Integrity division. At Optum, Ganeshan was liable for consolidating each acquired and organically grown options right into a unified Payer Market Options Group, and reworking that group right into a excessive development, excessive margin enterprise. As well as, he supported Optum by the acquisition of Change Healthcare and led the combination of Equian to create a market chief within the Claims Cost Integrity house. Ganeshan additionally served as Senior Vice President of Finance at Equian, which was acquired by UnitedHealth Group and merged into Optum. Beforehand, Ganeshan held management positions at Hilton Worldwide, Seaworld Parks & Leisure, and Anheuser Busch.

“RxSense is among the most promising firms in healthcare, as it’s reinventing drug pricing and bringing value transparency to prospects by its revolutionary know-how,” mentioned TG Ganeshan, CFO of RxSense. “The corporate has scaled tremendously lately and is effectively positioned for continued development, given its distinctive, vertically built-in mannequin and demonstrated success for its Direct-to-Client and SaaS know-how companies.”

Arnett joined RxSense from R1 RCM, a income cycle administration software program and enterprise course of outsourcing firm servicing the healthcare {industry}. As EVP of R1’s World Enterprise Providers Unit, his tasks included operating the whole buyer integration operate, main massive shopper software program implementations and all industrial contracting, and oversight of the corporate’s enterprise scaling initiatives. Arnett led an 11,000-person international group that delivered buyer operations, software program growth, technical studying, and assist features for IT, HR, Finance, and Authorized, that have been leveraged throughout R1’s 20,000 staff and prospects. Throughout Arnett’s tenure, R1 grew from a begin as much as a publicly traded firm with $1.3B in annual revenues.

“I used to be drawn to RxSense as one of many uncommon firms making a distinction in enhancing transparency in healthcare,” mentioned Wesley Arnett, COO of RxSense. “RxSense has already impacted the lives of thousands and thousands of Individuals, and I’m excited to affix this workforce as we proceed to construct revolutionary know-how options to assist thousands and thousands extra.”

RxSense was based in 2015 with a singular concentrate on growing know-how options that enhance healthcare transparency and entry to extra reasonably priced medicines. Founder and CEO Rick Bates introduced a seasoned group of healthcare veterans aware of the challenges of the {industry} and paired them with a savvy tech workforce to develop a classy structure to deal with the ache factors of pharmacy advantages administration. The outcome was RxAgile, a cutting-edge cloud-based platform that’s good and easy to make use of, providing the velocity and adaptability to fulfill the wants of any shopper.

About RxSense

RxSense® is a healthcare know-how firm growing industry-leading options for environment friendly pharmacy advantages administration and entry to extra reasonably priced medicines for thousands and thousands throughout America. RxSense’s transformative RxAgile enterprise options carry transparency, flexibility and effectivity to pharmacy profit administration, serving pharmacy profit managers, regional well being plans, well being techniques, third get together directors, new healthcare and pharmacy entrants and healthcare know-how firms. For extra data, go to rxsense.com. RxSense was named amongst Quick Firm’s prestigious annual checklist of the World’s Most Modern Firms for 2020.

View supply model on businesswire.com: https://www.businesswire.com/information/house/20210708005814/en/

Contacts

Abigail Jaffe
Rxsense@moxiegrouppr.com
Moxie Communications Group

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