The RxCut® card provides free access to discounts of up to 87% off prescription medications.
The RxCut® free prescription savings card was created to help people across the United States and Puerto Rico obtain affordable medication.
Medications have been the fastest growing component of healthcare costs for the past ten years. The free RxCut® prescription savings card allows anyone to easily save money on prescription medications. Anyone with or without insurance can save on their prescription medications with RxCut®.
28 Years of broad based health care industry experience
Gerard Ferro is the founder and CEO, an Inc. 500 Executive, inventor, author, and entrepreneur who is recognized nationally for his expertise in healthcare, healthcare technology and pharmaceutical plan management. Mr. Ferro brings over 28 years of broad-based experience in the health care industry and is known for developing cutting edge technology, systems and programs designed to reduce costs.
Mr. Ferro’s last company was SUNRx Inc, which he co-founded in 2001. Taking the helm as Chairman and Chief Executive Officer of SUNRx, Inc. from 2001 until late 2007, he significantly changed the landscape of how Pharmacy Benefit Managers (PBM’s) operate today. Continuing on in his tradition of "Cutting the Greed" out of the healthcare system, and after performing over 350 pharmacy claim audits, some of which became National Headlines, he developed the first "Transparent" Pharmacy Benefit Administration system in the country.
By "pulling back the sheets" on how the game was being played and educating his clients on how, through his "Integrity" based system they could save over 20%. The value proposition for its clients, combined with the high level of customer service, fueled SUNRx revenue growth to over $49 Million in five short years. Even with the staggering 4,000% growth rate, SUNRx never faltered having 100% client retention during this period. SUNRx was a three-time winner on the Inc. 500 list. This included a #5 ranking in the 2006 Inc. 500, a list of the nation’s fastest-growing private companies.
The Philadelphia Business Journal and the Center for Innovation and Entrepreneurship at Rowan University ranked SUNRx a three-time winner, including a #1 spot on the South Jersey 25, a list of the fastest-growing companies in Southern New Jersey. SUNRx also had three consecutive top 20 finishes on Entrepreneur PricewaterhouseCoopers’ Hot 500, including a #3 ranking. Also, SUNRx secured three top 10 finishes, including a #1 spot on the Philadelphia 100
Mr. Ferro brings over 28 years of broad-based experience in the health care industry and is known for developing cutting edge technology, systems and programs designed to reduce costs. Prior to founding SUNRx, Mr. Ferro was Co-founder and Chief Executive Officer of SIMCARE, Inc. (a large Healthcare Provider network, utilization review, and IPA management company), and its two subsidiaries: Professional Administrative Services (a Third Party Administrator) and Benefit Specialist, Inc. (a benefits consulting firm).
Eric Shugarts, was the technology leader at five rapid growth corporations over the last 15 years utilizing his vast information technology, PBM, and operations expertise, including Free For All Incorporated, SUNRx, Lime Systems, and Omnient Corporation. At these companies Mr. Shugarts successfully performed the installation and oversight of six data centers as well as coordinating logistics for six company-wide technology relocations.
In June 1999, he joined the internet development company Omnient Corporation, where he was responsible for managing their IT staff and systems. In November 2000, Mr. Shugarts co-founded the software development, IT consulting, and hosting company; Lime Systems. At Lime Systems he designed and built a co-located high availability hosting environment, developed a fourth generation XML programming language, designed and led development of a large travel agent rewards portal as well as a multi-carrier internet ringtone store.
In April 2006, SUNRx announced Mr. Shugarts as their CIO to take the company’s technology platform to the next level. There, he revamped the IT operations and systems while designing and implementing enterprise cloud computing software and databases that powered the company’s growth and revenue.
In 2008, he co-founded Free For All®, Inc., along with his colleague and founder of SUNRx, Gerard Ferro. As Free For All®, Inc’s CIO, Mr. Shugarts integrated the first prescription discount card program with the Google Health portal and developed an industry leading pharmacy search and medication pricing engine. His encompassing knowledge of technology management, enterprise application development, and ability to create efficiencies through the application of technology to business process is the driving force behind the company’s unrivaled technological advantage and continued revenue growth.