About Rx Savings Solutions

It started with Betty. Hear Her Story

Rx Savings Solutions was established in 2012 to offer an innovative, patented software system encouraging employers and their members to be educated consumers of healthcare. Founded and operated by a team of pharmacists and software engineers, we support a collaborative, cost-saving solution for purchasing prescription drugs. Utilizing our clinical backgrounds, we deliver personalized recommendations on how to optimize therapies while achieving savings results for both employers and members. Located in Kansas City, we serve health plans, self-insuredbusinesses and their members nationwide.

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Our Executive Team

Michael Rea, PharmD

Founder & CEO

Drew Komenda

Chief Revenue Officer

Brandy Rea

Chief Legal Counsel

Shahryar Qadri

Chief Technology Officer

Doug Besch, PharmD, MBA

Chief Product Officer

Frank Bednar

Chief Financial Officer & Chief Operating Officer

Frank Bednar

Chief Financial Officer & Chief Operating Officer

Frank Bednar brings significant financial experience to Rx Savings and is the Chief Financial Officer and Chief Operating Officer, leading the Rx Savings Solutions team with day-to-day operations. Most recently, he was Executive Director of Finance – Diagnostic Solutions at Quest Diagnostics. Previous CFO positions include the financial helm at Balance Innovations and Innovation. Frank started his career with KPMG.

Doug Besch, PharmD, MBA

Chief Product Officer

Dr. Besch has substantial experience working as both a transparency researcher and in retail pharmacy. His focus will be on optimizing the value of our state-of-the-art tool, which relies on patented algorithms to analyze thousands of recommendations to find the best clinical optionwhile maximizing savings. Dr. Besch holds a doctor of pharmacy degree from the Creighton University School of Pharmacy and Health Professions and a master’s degree in business administration from the Creighton University College of Business.

Shahryar Qadri

Chief Technology Officer

Shahryar Qadri is a seasoned health information technology leader. Shahryar spent 11 years at Cerner in a variety of engineering and managerial roles including developing data warehouses, implementing business intelligence strategies, designing systems for real-time eligibility and claims adjudication, creating a Third Party Administrator organization and leading edge development for on-site health centers, wellness programs and provider networks. Shahryar received his undergraduate and graduate education in computer science from Creighton University.

Brandy Rea

Chief Legal Counsel

Brandy Rea has a wealth of experience in corporate law, including facilitating mergers and acquisitions, negotiating complex contractual arrangements, and assisting in corporate governance and management. Before joining Rx Savings Solutions, Ms. Rea specialized in providing her legal expertise to entities in the health care industry, including to pharmacies and pharmacy benefit managers. Ms. Rea not only advised such clients on corporate legal matters but also assisted health care entity clients in navigating through complex health care laws and regulations. Ms. Rea graduated from Creighton University School of Law, magna cum laude.

Drew Komenda

Chief Revenue Officer

Drew Komenda is a high performing veteran of the healthcare industry anda proven entrepreneurial leader. Drew spent more than a decade negotiating, consulting and working alongside physicians, hospital systems, group purchasing organizations and integrated delivery networksfor Johnson & Johnson. Drew has a deep understanding of the business and substantive delivery of healthcare.

Michael Rea, PharmD

Founder & CEO

Dr. Rea founded Rx Savings Solutions in 2008 after routinely witnessing consumers struggling to pay for their medications. He noticed quickly atthat time that consumers were paying much more than they needed to, which was attributable to a lack of information available to them. He set out on his mission to arm consumers with this information and add efficiency and transparency back in to the world of pharmacy. Dr. Rea has been involved with research surrounding pharmacy transparency for over 10 years. He received his Doctor of Pharmacy degree from Creighton University.