Every claim, independently checked.

Built by founders from
Harvard UniversityUniversity of ChicagoJohns Hopkins University
$528B

spent on prescription drugs in the U.S. each year

$100B

of that is wasted on avoidable, low-value scripts

6B+

prescriptions written every single year

39

prior authorizations per physician, per week

What slips through costs lives. And plan dollars.

PBM contract leakage. Spread pricing, missed rebates, hidden fees, and unilateral MAC resets.

Plan design leakage. Eligibility, accumulator, channel, copay, and biosimilar defects.

Clinical risk. Wrong drug, unsafe dose, dangerous combinations, and avoidable waste.

Fraud and conflicts. Doctor shopping, affiliated steering, collusion, and invented diagnoses.

Independent audit feedillustrative
Brand claimspread above benchmark+$227
Generic fillMAC reset without cost move+38%
Specialty routePBM-owned channelreview
DTC purchaseaccumulator not credited$164
Oxycodone 30 mgthird prescriber this monthheld
Rebate guaranteecredit reconciled$44
Protected before payment$1.02M

The prescription is only half the audit.

Axeris also reads the PBM contract, independent price benchmarks, rebate guarantees, ownership relationships, eligibility spans, and plan design—then ties every variance back to the claim.

Pre-paymentClaim-level evidenceERISA-readyIndependent benchmarks
Claim-to-contract ledger
One paid claim, independently reconstructed
Evidence linked
Plan allowed$318
Independent benchmark$91
Rebate credit due$44
Recoverable
$271
spread + guarantee gap
NADAC
benchmark
PBM terms
contract
Claim 835
paid data
Spread & rebates
$366k
pricing and guarantee gaps identified
MAC repricing
50.4%
worst unexplained generic-price drift
Conflict of interest
22.5%
affiliated channel steering surfaced
Direct channels
$905k
annualized DTC and accumulator leakage
Plan design
$636k
routing, copay, and biosimilar defects
Eligibility & stop-loss
30.8k
covered lives reconciled before forecast

One quiet layer between every contract, claim, and payment.

Every claim walks these five steps before a dollar moves.

Terms arrive

The PBM contract, benefit design, eligibility, and claim arrive together.

Economics rebuilt

Allowed price, acquisition benchmark, MAC history, and rebate terms reconcile.

Member context

Clinical safety, eligibility, accumulator, and plan rules stay attached to the case.

Integrity checks

Spread, steering, channel leakage, fraud, and design defects surface instantly.

Evidence-backed verdict

Pay, recover, swap, dispute, or hold—with the source trail attached.

50+contract, administrative, and clinical signals
99.4%precision, tuned against false flags

One claim, audited three ways at once.

Contract & pricing

Tests spread, rebate guarantees, MAC changes, fees, and acquisition benchmarks at claim level.

Plan & fiduciary

Finds ownership steering, eligibility gaps, accumulator defects, channel leakage, and plan-design failures.

Clinical & patient

Keeps dosing, interactions, FDA guidance, labs, genetics, allergies, and adherence in the same case.

50+ contract, administrative, and clinical signals, including

PBM contractNADAC + MAC historyRebate guaranteesClaims 835Ownership dataPBM contractNADAC + MAC historyRebate guaranteesClaims 835Ownership dataPBM contractNADAC + MAC historyRebate guaranteesClaims 835Ownership dataPBM contractNADAC + MAC historyRebate guaranteesClaims 835Ownership data
Eligibility spansPlan designAccumulator dataFDA labelsEHR + labsEligibility spansPlan designAccumulator dataFDA labelsEHR + labsEligibility spansPlan designAccumulator dataFDA labelsEHR + labsEligibility spansPlan designAccumulator dataFDA labelsEHR + labs

Built for payers who want an independent read of every contract and claim.

Axeris turns contract terms into executable checks, attaches the evidence to each case, and takes a share only of savings we verify.

Self-funded employers

Start in Shadow

65% of insured Americans get coverage through one.

Who pays for wasteThey do, directly
Independent check todayNone

Health insurers

Run Advisory

Thin margins, hard audits, every denial contested.

What regulators askEvidence for every denial
What Axeris addsThe evidence, attached

Health systems

Enforce Policy

Prescribing varies widely between their own clinicians.

Who carries liabilityThe system itself
What Axeris addsA second read on every script

Verified savings climb as coverage expands

We don't push cheap drugs. We stop unsafe ones.

Paid on rebates and spread. Paid only on verified savings.

Denies automatically. Flags to a human, with evidence.

Reviewed months after payment. Caught before the claim is paid.

Swapped by price. Swapped only for true equivalents.

Adan Eftekhari

“Every flag ships with the evidence attached. That is the difference between a denial tool and a decision you can defend.”

Adan Eftekhari, Chief Executive Officer

Built by people who understand both sides.

Adan Eftekhari

Adan Eftekhari

Chief Executive Officer

Harvard University

Biology & Economics

LinkedIn
Kareem Malhis

Kareem Malhis

Chief Product Officer

Johns Hopkins University

Electrical & Computer Engineering

LinkedIn
Khartik Uppalapati

Khartik Uppalapati

Chief Technology Officer

University of Chicago

CS, Economics & Biological Chemistry

LinkedIn

If we don't save money, you don't pay.

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