RxAdvance Culture | Comparably
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RxAdvance Claimed Company
RxAdvance is a tech-driven PBM that brings unsurpassed value to plan sponsors while disrupting traditional paradigms in the industry. read more
EMPLOYEE
PARTICIPANTS
9
TOTAL
RATINGS
126

RxAdvance Company Culture

RxAdvance Culture

This score is derived from employee ratings & reviews
3.2/5
RxAdvance's Overall Culture is rated C

Top Rated Culture Dimensions

RxAdvance CEO

Bottom 20%Bottom 20% of Similar Size Companies on Comparably
Ravi Ika RxAdvance's CEO
Ravi Ika
59 /100

Diversity at RxAdvance

Women at RxAdvance

RxAdvance eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Bottom 40%Bottom 40% of Similar Size Companies on Comparably

Recommend to a Friend?

0

RxAdvance employees are 0% more likely to recommend RxAdvance as a great place to work

43%Promoters
14%Passives
43%Detractors

Working at RxAdvance

Working at RxAdvance is rated below average by 9 employees, across various culture dimensions. RxAdvance employees rate Perks And Benefits highest among all categories, and think that CEO Rating and Work Culture have the most room for improvement, putting RxAdvance’s culture in the Bottom 40% compared to similar sized companies on Comparably and in the Bottom 45% compared to other companies in Boston. See below in detail how working at RxAdvance was rated by employees.

Overall Company Culture at RxAdvance

C

Overall Company Culture at RxAdvance is rated C

Last updated months ago

Bottom
40%

RxAdvance ranks in the Bottom 40% of other companies on Comparably with 51-200 Employees for Overall Company Culture Score

RxAdvance Employee Reviews

Out of 17 RxAdvance employee reviews, 80% were positive. The remaining 20% were constructive reviews with the goal of helping RxAdvance improve their work culture.

80%
20%
Positive Reviews80%
Constructive Feedback20%

Positive Reviews From RxAdvance Employees

  • What do you like best about the leadership team?
    Excellent work culture, good environment
  • What is the best part about your compensation package?
    My compensation fulfils my requirements.
  • What are some of the best things about your team?
    Young and energetic team which work efficiently.

RxAdvance Company Information

RxAdvance Company Overview

RxAdvance is a tech-driven PBM that brings unsurpassed value to plan sponsors while disrupting traditional paradigms in the industry.

RxAdvance Mission, Vision & Values

RxAdvance Mission & Values

RxAdvance's mission is to, through innovative technology and industry-changing business models, harness significant savings across the US healthcare industry. The potential savings are enough to provide affordable health insurance to the uninsured and underinsured populations across the United States.

Headquarter2 Park Central Drive
Southborough, MA 01772
United States of America
Websitewww.rxadvance.com/
Founding Date2013
Tel5088046900
Company StatusPrivate
Social Sites

RxAdvance Competitors

RxAdvance competitors include Prime Therapeutics, Caremark Rx, Express Scripts, and MedImpact Healthcare Systems. RxAdvance ranks 3rd in Overall Culture Score on Comparably vs its competitors. See below how RxAdvance compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    Prime Therapeutics' Logo
    Prime Therapeutics
    3.8/5
  2. #2
    Caremark Rx's Logo
    Caremark Rx
    3.5/5
  3. #3
    RxAdvance's Logo
    RxAdvance
    3.2/5
  4. #4
    Express Scripts' Logo
    Express Scripts
    2.9/5
  5. #5
    MedImpact Healthcare Systems' Logo
    MedImpact Healthcare Systems
    2.4/5
  • Culture Video
  • Learn more about the RxAdvance story!

RxAdvance Employees

9 employees at RxAdvance have reviewed RxAdvance across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.

Overall, the 9 RxAdvance employees give their leadership a grade of C, or Bottom 40% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at RxAdvance are generally satisfied with their total compensation at RxAdvance, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at RxAdvance are generally satisfied with their team. 9 Participants grade the quality of their coworkers a D+. The majority believe the meetings at RxAdvance are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at RxAdvance believe the environment at RxAdvance is positive. Most Participants believe the pace of work at RxAdvance is extremely fast. About 40% of the employees at RxAdvance work 8 hours or less, while 20% of them have an extremely long day - longer than twelve hours.

Overall, the employees at RxAdvance are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

Joining RxAdvance - Employee Onboarding

The prevailing opinion from employees about joining RxAdvance is that the company was prepared on their first day. RxAdvance employees concluded that their overall onboarding experience was positive. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

RxAdvance KPIs and OKRs

Employees’ understanding of RxAdvance's KPIs and OKRs is essential for its success. Out of 1 RxAdvance employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 1 have said yes.

AnswerPercent
Yes100%
No0%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No0%
Are the KPIs/OKRs for your department clear?

RxAdvance CEO & Leadership

RxAdvance CEO - Ravi Ika

Ravi Ika RxAdvance's CEO
59 /100

Ravi’s approval rate is lower compared to CEOs at similar sized companies, putting Ravi in the Bottom 20% of all CEOs of similar-sized companies on Comparably, and in the Bottom 20% compared to CEOs of all other companies in Boston. Ravi Ika’s employees rank RxAdvance in the Top 50% for Perks And Benefits, in the Top 50% for Retention, and in the Bottom 45% for Compensation. When compared to RxAdvance’s competitors, Ravi Ika ranks below both Express Scripts CEO Tim Wentworth and Prime Therapeutics CEO Jim DuCharme.

RxAdvance Leadership

The RxAdvance Executive Team is rated a “C” and led by CEO Ravi Ika, Chief Strategy Officer & EVP Business Development Anand Tati, and Chief Technology Officer Prakash Tallabattula

  • Ravi Ika  CEO / President

    Ravi Ika CEO / President

    Ravi Ika serves as the CEO / President of RxAdvance.

  • Anand Tati Chief Strategy Officer & EVP Business Development

    Anand Tati serves as the Chief Strategy Officer & EVP Business Development of RxAdvance.

  • Prakash Tallabattula Chief Technology Officer

    Prakash Tallabattula serves as the Chief Technology Officer of RxAdvance.

  • Sivaram V EVP Technology

    Sivaram V serves as the EVP Technology of RxAdvance.

  • Bijendra Malik Chief Information Security Officer

    Bijendra Malik serves as the Chief Information Security Officer for RxAdvance Corp. Bijendra started at RxAdvance Corp... read more

  • Madu Narahari Executive Vice President, Implementations

    Madu Narahari serves as the Executive Vice President, Implementations of RxAdvance Corp. Madu currently resides in the... read more

  • Nirali Rana Vice President of Clinical Solutions

    Nirali Rana serves as the Vice President of Clinical Solutions of RxAdvance Corp. Nirali currently resides in the... read more

RxAdvance Salaries

How much does RxAdvance pay?

How much do people at RxAdvance get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at RxAdvance is $100,435, or $48 per hour, while the estimated median salary is $126,661, or $60 per hour.

At RxAdvance, the highest paid job is a Director of Engineering at $167,081 annually and the lowest is an Admin Assistant at $45,911 annually. Average RxAdvance salaries by department include: Finance at $97,236, Design at $89,050, HR at $76,523, and Engineering at $113,539. Half of RxAdvance salaries are above $126,661.

5 employees at RxAdvance rank their Compensation in the Bottom 45% of similar sized companies in the US (based on 17 ratings) while 5 employees at RxAdvance rank their Perks And Benefits in the Top 50% of similar sized companies in the US (based on 6 ratings).

Last updated months ago.

1st Percentile
$65k
$65k1st Percentile
20th Percentile
$98k
$98k20th Percentile
40th Percentile
$124k
$124k40th Percentile
60th Percentile
$179k
$179k60th Percentile
80th Percentile
$240k
$240k80th Percentile
100th Percentile
$323k
$323k100th Percentile
$100,435*
Average Compensation
$126,661*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

RxAdvance Salaries by Department

Explore RxAdvance Salaries

Diversity & Inclusion at RxAdvance

The Diversity score provides insights into how diverse employees feel and rate their work experience at RxAdvance across various culture dimensions.

Ranked Culture the Highest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Ranked Culture the Lowest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

RxAdvance PTO

RxAdvance's PTO and Vacation policy typically gives 10-15 days off a year. RxAdvance's benefits and PTO Package averages to represent a $1000 -$1500 cash value per month.

AnswerPercent
Flex Time0%
Vacation Policy0%
Office Meals0%
401k Contribution0%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes0%
No0%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo0%
$1000 -$1500/mo100%
$500 -$1000/mo0%
Less than $500/mo0%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

RxAdvance Careers

RxAdvance Jobs

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H1B Visa

In 2019, RxAdvance applied for 10 H1B visas. Of the work permits applied for, 100% were approved.

Work Permit Application Outcome

10
Total Applied
  • 100% Granted (10 out of 10)
  • 0% Denied ( out of 10)
  • 0% Withdrawn Application was withdrawn by the employer before approval/rejection ( out of 10)
  • 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 10)

This data was calculated using publicly sourced data from OFLC Performance Data

Let RxAdvance Know You Want To Work There

Overview of Candidates Interested in RxAdvance on Comparably

Candidates By Department

IT
100%

Candidates By Location

Boston
100%

Frequently Asked Questions regarding RxAdvance

What is RxAdvance address?

RxAdvance location is at 2 Park Central Drive

Who is the CEO of RxAdvance?

RxAdvance CEO is Ravi Ika, their score by employees is 59

What is the salary for Business Analyst in RxAdvance?

Business Analyst average salary in the US is 74k

What are the salaries in the IT in RxAdvance?

The average salaries for IT in RxAdvance is 88k

Who are RxAdvance competitors?

RxAdvance main competitors are Prime Therapeutics, Caremark Rx, Express Scripts, MedImpact Healthcare Systems

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