Judi Health is a health technology company that provides a unified benefits platform for pharmacy, medical, dental, and vision claims administration. Founded in 2017 by AJ Loiacono and Ryan Kelly under the name Capital Rx, the company rebranded as Judi Health in 2025. It operates as a full-service pharmacy benefit manager (PBM) and describes itself as a full-stack health infrastructure platform.
At the centre of its offering is the Judi® enterprise platform, an open, secure, and scalable system built from the ground up to process claims across all four major benefit types in a single environment. Building on this, the company has launched what it describes as the industry's first Unified Claims Processing™ platform, designed to consolidate pharmacy, medical, dental, and vision benefits into one system and eliminate administrative waste and redundancies that arise when these are managed separately.
The company's technical domains span claims processing, pharmacy benefit management systems, platform engineering, enterprise security, and healthcare IT. Its engineering orientation is notably full-stack: rather than building a technology layer on top of existing infrastructure, Judi Health developed its own platform and became a full-service PBM - a deliberate strategic choice that shapes the scope and complexity of the work done in-house.
The company's founding motivation was to address what it characterised as systemic failures in prescription drug pricing, which it argued has cost patients and health plans billions. Its stated aims - transparency, administrative efficiency, and affordable access to healthcare - continue to inform its product direction and platform architecture.