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Patchrx

Public · 4 known investors

Custom Health operates a connected infrastructure combining pharmacy services, in-home monitoring technology, and pharmacist-led clinical care to support medication management at home. The company serves patients, caregivers, healthcare providers, and health plans.

Also known as Custom Health · Custom Health Holdings Inc. · Custom Health Inc. · PatchRx

Investors · 4

Company profile

researched Aug 2026

Custom Health operates an integrated platform for medication management in the home, combining a licensed pharmacy network, in-home monitoring devices, and pharmacist-led clinical services. Medications are reviewed by licensed pharmacists, then prepared, re-packaged and delivered through the company's pharmacy network to establish a consistent daily routine for patients. In-home technology captures medication use, patient-reported experience and key health signals on a continuous basis.

The company's AdhereNet platform links pharmacy operations, in-home devices and clinical care through a shared longitudinal record, allowing pharmacist-led clinicians to interpret usage patterns, engage patients and coordinate with prescribers for earlier intervention. Product components listed by the company include the spencer in-home device, PatchCap, Vitals monitoring, and oneMAR facility integration. The company states that diagnosis and treatment decisions remain with the patient's prescribing clinician.

Business model

Custom Health delivers a single connected service combining pharmacy fulfillment, in-home monitoring hardware and ongoing pharmacist-led clinical oversight, sold as solutions for providers, health plans and government payers, as well as directly serving patients and caregivers.

Traction

The company reports 98% medication adherence achieved in a peer-reviewed study of its model published in the Journal of Medical Internet Research, 7.6 million medication events monitored annually across connected programs, and 2.2 million proactive patient outreaches annually.

Latest developments

In July 2026 the company announced a binding letter of intent to acquire Evergreen Pharmacy, expected to add over US$78 million in annual revenue. In August 2026 it announced an agreement to acquire Spencer Health Solutions, and reported a 70% increase in quarterly revenue in Q2-2026 alongside both acquisitions. Custom Health Holdings Inc. trades on the Toronto Stock Exchange under the symbol CHLT.

Full profile — market position, technology, go-to-market

Market position

Custom Health positions itself as an infrastructure provider for medication management at home, integrating pharmacy, technology and clinical care in one system rather than as separate services.

Technology

The AdhereNet platform serves as the connective layer between the pharmacy network, in-home devices and clinical teams, maintaining a shared longitudinal patient record. In-home products include the spencer device, PatchCap, and Vitals monitoring, along with oneMAR for facility integration. These systems capture medication events, patient-reported experience and health signals continuously in the home.

Go-to-market

The company offers segmented solutions for providers, for health plans and government, and for patients and caregivers, with 24/7 support.

Healthcare providers, health plans and government payers, and patients and their caregivers managing medication at home, including complex populations.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Expected annual revenue added by Evergreen Pharmacy acquisitionJul 2026$78M
Medication adherence (peer-reviewed study of company model)Jan 202698%
Medication events monitored annuallyJan 20267,600,000 events/year
Proactive patient outreaches annuallyJan 20262,200,000 outreaches/year
Quarterly revenue growth (Q2-2026)Aug 202670%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 4

by search overlap

Companies competing with Patchrx for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 4

launches, deals, and filings
Aug 2026
Q2-2026 results: 70% increase in quarterly revenue

Custom Health reported a 70% increase in quarterly revenue in Q2-2026 and advancement of its medication management platform through the Evergreen Pharmacy and Spencer Health Solutions acquisitions.

source ↗

Aug 2026
Custom Health to acquire Spencer Health Solutions

Custom Health announced it would acquire Spencer Health Solutions to strengthen its medication management infrastructure at home.

source ↗

Jul 2026
Binding letter of intent to acquire Evergreen Pharmacy

Custom Health announced a binding letter of intent to acquire Evergreen Pharmacy, expected to add over US$78 million in annual revenue.

source ↗

Jan 2026
Listed on the Toronto Stock Exchange under symbol CHLT

Custom Health Holdings Inc. began trading on the Toronto Stock Exchange under the ticker CHLT.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Patchrx do?
Custom Health connects pharmacy, in-home monitoring technology and pharmacist-led clinical care for medication management at home.
Who are Patchrx's investors?
Patchrx's investors include Atento Capital, Cortado Ventures, Plains Ventures, Preface Ventures.