OverviewSuggest Edit

OptimizeRx Corporation provides consumer and physician platforms and strategies to help patients better afford and comply with their medicines and healthcare products, while offering pharmaceutical and healthcare companies more effective ways to expand physician and patient awareness, access and adherence to their medications and available product support. It is a consulting practice focused on educating and working with pharmaceutical manufacturers on identifying, formulating and implementing new electronic prescribing (eRx) media strategies for promoting their products.
TypePublic
Founded2006
HQRochester, MI, US
Websiteoptimizerx.com

Latest Updates

Employees (est.) (Dec 2019)50(+36%)
Revenue (FY, 2020)$43.3 M(+77%)
Share Price (Jan 2022)$42.2(-2%)
Cybersecurity ratingCMore
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Key People/Management at OptimizeRx

Steve Silvestro

Steve Silvestro

Chief Commercial Officer
Todd Inman

Todd Inman

Chief Technology Officer
William J. Febbo

William J. Febbo

Chief Executive Officer & Director
James Lang

James Lang

Director
Gus D. Halas

Gus D. Halas

Chairman of the Board
Patrick Spangler

Patrick Spangler

Director
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OptimizeRx Office Locations

OptimizeRx has an office in Rochester
Rochester, MI, US (HQ)
400 Water St #200
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OptimizeRx Financials and Metrics

OptimizeRx Revenue

OptimizeRx's revenue was reported to be $43.31 m in FY, 2020
USD

Revenue (Q1, 2021)

11.2m

Gross profit (Q1, 2021)

6.1m

Gross profit margin (Q1, 2021), %

54.5%

Net income (Q1, 2021)

(637.4k)

EBIT (Q1, 2021)

(638.3k)

Market capitalization (25-Jan-2022)

771.2m

Closing stock price (25-Jan-2022)

42.2

Cash (31-Mar-2021)

82.3m

EV

689.3m
OptimizeRx's current market capitalization is $771.2 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.1m2.0m5.0m6.5m7.2m7.8m8.4m21.2m24.6m43.3m

Revenue growth, %

31%11%7%

Cost of goods sold

9.2m19.2m

Gross profit

15.4m24.1m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Revenue

200.2k191.6k329.4k515.4k453.2k669.3k1.1m1.4m1.3m1.5m1.6m1.5m1.7m2.0m1.8m1.9m1.8m2.2m2.9m3.1m2.8m5.1m5.4m5.2m7.0m5.0m7.6m8.8m11.2m

Cost of goods sold

858.9k756.4k1.0m892.8k1.4m1.6m2.7m2.0m3.2m3.6m5.1m

Gross profit

761.3k731.1k963.0k866.7k770.3k3.6m4.3m3.0m4.3m5.1m6.1m

Gross profit Margin, %

47%49%48%49%36%70%62%60%57%59%55%
USDQ2, 2011

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.4 x
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OptimizeRx Acquisitions / Subsidiaries

Company NameDateDeal Size
CareSpeak CommunicationsOctober 17, 2018

OptimizeRx Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

OptimizeRx Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

OptimizeRx Online and Social Media Presence

Embed Graph

OptimizeRx News and Updates

OptimizeRx Named to LD Micro’s “Hall of Fame” As One of the Top 50 Performing Companies

ROCHESTER, Mich., June 01, 2021 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of digital health solutions for life science companies, physicians and patients, announced today that Will Febbo, OptimizeRx’s CEO, will participate in the LD Micro Virtual Invit…

OptimizeRx to Present at RBC Capital Markets Global Virtual Healthcare Conference on May 19, 2021

ROCHESTER, Mich., May 11, 2021 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of digital health solutions for life science companies, physicians and patients, will participate in RBC Capital Markets Global Healthcare Virtual Conference.

OptimizeRx Sets First Quarter 2021 Conference Call for Thursday, May 6, 2021 at 4:30 p.m. ET

ROCHESTER, Mich., April 28, 2021 (GLOBE NEWSWIRE) -- OptimizeRx Corporation (Nasdaq: OPRX), a leading provider of digital health solutions for life science companies, physicians and patients, will hold a conference call on Thursday, May 6, 2021, at 4:30 p.m. Eastern time to discuss its results for…

OptimizeRx Expands Omni-channel Platform Reach at Point-Of-Care

Several New Partnerships Expand Reach to Over 50% of Oncologists in the U.S. and Unlock Novel Touchpoints for Life Sciences to Engage Physicians Several New Partnerships Expand Reach to Over 50% of Oncologists in the U.S. and Unlock Novel Touchpoints for Life Sciences to Engage Physicians

OptimizeRx Named to Financial Times ―The Americas’ Fastest-Growing Companies List for the Second Consecutive Year

Ranked #277, highlighting the growth potential and convergence between technology and healthcare Ranked #277, highlighting the growth potential and convergence between technology and healthcare

OptimizeRx to Participate at the 33rd Annual Virtual ROTH Conference on March 15-17, 2021

ROCHESTER, Mich., March 03, 2021 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (Nasdaq: OPRX), a leading provider of digital health solutions for life science companies, physicians and patients, has been invited to present at the 33rd Annual ROTH Growth Conference being held virtually on March 15-17, 2021.
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OptimizeRx Blogs

OptimizeRx Named to LD Micro’s “Hall of Fame” As One of the Top 50 Performing Companies

ROCHESTER, Mich. – June 1, 2021 – OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of digital health solutions for life science companies, physicians and patients, announced today that Will Febbo, OptimizeRx’s CEO will participate in the LD Micro Virtual Invitational (…

OptimizeRx Specialty Solutions: Technology that Optimizes Your Access Support Ecosystem

By Audrey McConnell, VP Business Development, OptimizeRx

OptimizeRx to Participate in the William Blair 41st Annual Growth Stock Conference

ROCHESTER, Mich. – May 25, 2021 – OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of digital health solutions for life science companies, physicians and patients, announced today that Will Febbo, OptimizeRx’s, CEO will participate in a fireside chat at the William Bla…

OptimizeRx to Participate in the William Blair 41st Annual Growth Stock Conference

ROCHESTER, Mich. , May 25, 2021 (GLOBE NEWSWIRE) -- OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of digital health solutions for life science companies, physicians and patients, announced today that Will Febbo , OptimizeRx’s, CEO will participate in a fireside chat at the

'Coded' Differently with Miriam Paramore | Her Story Podcast

Health information technology expert Miriam Paramore sits down with Her Story host, Sanjula Jain, Ph.D., to discuss her self-proclaimed 'three-part’ career journey in healthcare technology and the data sphere.

OptimizeRx to Present at RBC Capital Markets Global Virtual Healthcare Conference on May 19, 2021

ROCHESTER, Mich. – May 11, 2021 – OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of digital health solutions for life science companies, physicians and patients, will participate in RBC Capital Markets Global Healthcare Virtual Conference.
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OptimizeRx Frequently Asked Questions

  • When was OptimizeRx founded?

    OptimizeRx was founded in 2006.

  • Who are OptimizeRx key executives?

    OptimizeRx's key executives are Steve Silvestro, Todd Inman and William J. Febbo.

  • How many employees does OptimizeRx have?

    OptimizeRx has 50 employees.

  • What is OptimizeRx revenue?

    Latest OptimizeRx annual revenue is $43.3 m.

  • What is OptimizeRx revenue per employee?

    Latest OptimizeRx revenue per employee is $866.3 k.

  • Who are OptimizeRx competitors?

    Competitors of OptimizeRx include MindMaze, RapidAI and Sight Diagnostics.

  • Where is OptimizeRx headquarters?

    OptimizeRx headquarters is located at 400 Water St #200, Rochester.

  • Where are OptimizeRx offices?

    OptimizeRx has an office in Rochester.

  • How many offices does OptimizeRx have?

    OptimizeRx has 1 office.