AdvancePCS Overview

  • Founded
  • 1986

  • Status
  • Acquired/​Merged

  • Employees
  • 6,500

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $6.5B

AdvancePCS General Information


Provider of pharmacy benefits services. The company administers prescription drug benefits to its members and beneficiaries of the plans. It also offers tools to its customers to assist in managing their prescription drug expenditures, including on-line claims adjudication, discounted retail networks, discounted mail pharmacy services, formulary development, rebate negotiation and management. In addition, it also offers specialty pharmacy services and disease management and prescription discount cards for the uninsured and under-insured.

Contact Information

Formerly Known As
Advance Paradigm
Ownership Status
Financing Status
Formerly VC-backed
Primary Industry
Life and Health Insurance
Other Industries
Other Healthcare Services
Primary Office
  • 750 West John Carpenter Freeway
  • Irving, TX 75039
  • United States
+1 (469) 000-0000

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AdvancePCS Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 24-Mar-2004 $6.5B 00000 00.00 Completed Generating Revenue
2. PIPE 01-Oct-2000 00000 00000 Completed Generating Revenue
1. IPO 08-Oct-1996 $18M $18M Completed Generating Revenue
To view AdvancePCS’s complete valuation and funding history, request access »

AdvancePCS Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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AdvancePCS Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Canaan Partners Venture Capital Minority 000 0000 000000 0
JLL Partners PE/Buyout Minority 000 0000 000000 0
To view AdvancePCS’s complete investors history, request access »

AdvancePCS Acquisitions (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000 000 04-Nov-2002 0000000000 Managed Care
00000000 01-Aug-2001 0000000000 Consulting Services (B2B) 00000 000
PCS Health Systems 03-Oct-2000 Merger/Acquisition 000 Managed Care 00000 000
To view AdvancePCS’s complete acquisitions history, request access »

AdvancePCS Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000000 01-Aug-2001 000000000000000000 Completed
  • 0000000000
To view AdvancePCS’s complete exits history, request access »