- The Entrepreneur of the Year award recognizes ambitious entrepreneurs who build businesses that contribute to a better future and a better world.
NEW YORK, June 15, 2023 /PRNewswire/ — About June 13Ernst & Young LLP (EY USA) announcement that AJ Loiacono, co-founder and CEO of Capital Rxthe health technology company that is redefining the pharmacy benefits management (PBM) industry and Medicare claims administration, has been named Entrepreneur of the Year® Winner of the New York Award 2023. In his 37th This year, Entrepreneur Of The Year is one of the most prestigious business awards given to transformative entrepreneurs and high-growth business leaders who are building a more equitable, sustainable and prosperous world for all.
“I am honored to be named the winner of the EY Entrepreneur Of The Year 2023 New York award for my work at Capital Rx. Our organization continues to set the highest standards for customer satisfaction, patient care and savings on prescriptions“, said Loiacono. “I am grateful to the judges and EY for this recognition and grateful to my amazing colleagues for helping me build an incredible organization. Through our innovation and technology, we accomplish our mission of making medicines more affordable and improving access and outcomes for all Americans. »
An independent judging panel of past winners, top CEOs, investors and other regional business leaders evaluated an “unprecedented number of nominees” this year and selected AJ for his demonstration of value creation. long-term through entrepreneurship, purpose, growth and impact, among other essential contributions and attributes.
Capital Rx is a full-service PBM and Pharmaceutical Benefits Administrator (PBA) and North America fastest growing health tech company. The company combines transparency with modern technology to reduce administrative costs, improve patient outcomes and provide a superior customer experience. Like a Certified B Corp™ Committed to upholding the highest standards of accountability in business, Capital Rx provides employers, unions, health systems, and health plans, among others, with best-in-class drug benefit solutions. The company relies on a Single-Ledger Model™ to bring visibility and consistency to drug pricing, an exclusive cloud-native solution. enterprise pharmacy platform, JUDI®to improve operational efficiencies, and robust clinical programs paired with an award-winning call center to provide its clients with industry-leading member service and drive cost savings over the traditional PBM model.
For nearly four decades, EY US has honored entrepreneurs whose ambition, courage and ingenuity have helped their businesses succeed, transformed their industries and positively impacted their communities. Entrepreneur of the Year award winners become lifelong members of a global, cross-industry community of entrepreneurs with exclusive and ongoing access to the experience, knowledge and wisdom of program alumni and other members ecosystem in more than 60 countries, all backed by extensive EY resources. . Since 1986, the Entrepreneur Of The Year program has recognized more than 11,000 American executives.
Like a new York winner of the award, AJ is now eligible for the 2023 National Entrepreneur of the Year awards. National award winners, including the National Entrepreneur of the Year award winner, will be announced in November at the Strategic Growth Forum®, one of the most prestigious gatherings in the country bringing together leading companies in their high-growth market. The winner of the National Entrepreneur of the Year Award will then compete for the National Entrepreneur of the Year Award. Global Entrepreneur of the Year® Award In June 2024.
The Entrepreneur of the Year program recognized the inspiring leadership of entrepreneurs such as:
Founded and produced by Ernst & Young LLP, the Entrepreneur of the Year awards include major sponsors PNC Bank, NA; SAP America; and the Kauffman Foundation. In new York & Connecticutsponsors also include Cresa, Donnelley Financial Solutions (DFIN), Marsh, Empire Valuation Consultants, ADP, DLA Piper and Morgana Lewis.
About Entrepreneur of the Year®
Entrepreneur of the Year® is the world’s most prestigious business rewards program for invincible entrepreneurs. These visionary leaders are bringing the innovation, growth and prosperity that are transforming our world. The program engages entrepreneurs with ideas and experiences that drive growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in more than 60 countries. National Global Award winners then compete for the title EY World Entrepreneur Of The Year™. Visit ey.com/us/eoy.
About EY Private
As Advisors to the Ambitious™, EY Private’s professionals have the experience and passion to help private companies and their owners unlock the full potential of their ambitions. EY Private Teams offer distinct perspectives born of EY’s long history of working with business owners and entrepreneurs. These teams support all private businesses, including private equity managers and investors and the portfolio companies they fund, business owners, family businesses, family offices and entrepreneurs. Visit ey.com/us/private.
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About Capital Rx
Capital Rx is a health technology company changing the way prescription drugs are set and patients are cared for in America. As a Certified B Corp™, Capital Rx executes its mission through a Single-Ledger Model™, the industry’s first ethical framework for drug pricing. The company’s cloud-native enterprise pharmaceutical platform, JUDI®, connects all aspects of the pharmaceutical ecosystem, serving more than 2.4 million members for Medicare, Medicaid and commercial plans. Working with its customers, Capital Rx is reinventing drug benefit administration and restoring trust in healthcare. To learn more, visit capitalrx.com.
Michael Passanantevice president, marketing
justin venneriResponsible for content and communication strategy
SOURCE Capital Rx