GoodRx
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Consumer / Employer, Health Tech
GoodRx, MedImpact Launch Medication Savings Solution
MedImpact and GoodRx are teaming up to lower costs for MedImpact members. When eligible MedImpact members refill a generic prescription, the companies’ savings solution will compare the member’s benefit to GoodRx’s price and will automatically apply the lowest one.
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BioPharma, Consumer / Employer, Devices & Diagnostics, Health Tech
Healthcare Moves: A Monthly Summary of Hires and Layoffs
Here is a selection of recent executive hires, promotions and layoffs occurring across the healthcare industry.
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Payer’s Place: Dawn Maroney
Dawn Maroney, President, Markets of Alignment Health and CEO of Alignment Health Plan, to discuss how they are using technology to provide better service and care to consumers.
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Consumer / Employer, Health Tech
GoodRx Launches Solution To Help Consumers Manage Their Prescriptions
Medicine Cabinet, a new solution by GoodRx, gives users reminders to take their medications and refill prescriptions and recommends pharmacies based on prescription costs. It also has a rewards system for using GoodRx coupons and picking up prescriptions on time.
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CVS Caremark, GoodRx Launch Program To Lower Drug Costs
CVS Caremark and GoodRx created a new program called Caremark Cost Saver, which will become available starting January 1, 2024. Through the program, eligible CVS Caremark commercially insured members will have access to GoodRx’s prescription pricing on generic medications.
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Lawmakers Are Cracking Down on Companies Using Health Data for Advertising
Three senators recently introduced legislation that would ban the use of health data for advertising and marketing purposes. The proposed legislation comes amid media reports claiming that data brokers are selling social media companies patients’ location data, as well as reports that hospitals and digital health startups are collecting patients’ online data and sharing it with tech giants such as Facebook and Google.
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GoodRx Illegally Sold Users’ Data to Google & Facebook, FTC Says
GoodRx failed to notify users that it sold their personal health information to Google, Facebook and other tech companies, the FTC claimed. The agency filed an order that prohibits GoodRx from sharing its users’ data with third parties for advertising purposes and requires the company to pay a $1.5 million penalty. GoodRx agreed to pay the settlement but did not admit to wrongdoing.
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StartUPDATES: New Developments from Healthcare Startups
Check out new developments from Opala, Wheel, GoodRx, Fathom, Tivic Health, and more.
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GoodRx goes ‘provider mode’ with new platform
GoodRx is arguably most well-known for its search platform that allows consumers to compare drug prices across different pharmacies. Now, it has launched a similar platform for healthcare providers. The new platform, called “Provider Mode,” is designed to help providers search for drug cost information while they are conducting appointments with their patients.
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In the current venture climate, tech for pharma is recession-proof
Specialty drugs reportedly reached 50 percent of all drug spending in 2020, a figure that has increased significantly over the last decade.
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Applying Remote Patient Monitoring to Surgery Prep and Recovery, Oncology and Women’s Health
Join us to learn about the latest trends in remote monitoring and how to extend its benefits beyond chronic conditions to more patients – all while using fewer staff resources.
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Hospitals, Health Services, Pharmacy
Report: 1 in 5 U.S. counties are hospital deserts
In over 20% of U.S. counties, most people have to drive more than 30 minutes to reach the closest hospital, making them hospital desert areas, according to a recent report. Large swathes of the country are also pharmacy and trauma center deserts.
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‘It’s not really price transparency’: Pharmacies push back on Surescripts, GoodRx deal
Several pharmacies signed a letter asking Surescripts’ board to rescind its deal with GoodRx. They said the deal would not reveal the true cost of medications, and might steer patients away from independent pharmacies.
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GoodRx strikes deal with medication data giant Surescripts
The agreement would provide prescribing healthcare providers with information in their EMR about GoodRx’s cash discount pricing for patients who are uninsured or where insurance pricing isn’t available.
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GoodRx leadership downplays Amazon Pharmacy worries despite lackluster stock price
In a month where GoodRx’s stock has been trading below IPO levels, the startup’s leadership says Amazon Pharmacy still isn’t a threat. Citing third-party data, the company said uptake of Amazon’s pharmacy services have been low, though the retailer still could pose a threat with its growing healthcare business.
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GoodRx raises more than $1B in IPO
GoodRx began trading on Nasdaq in an upsized IPO. The company priced its stock at $33 per share, up from its expected range of $24 to $28 per share.
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Pharma, Health Services, Health Tech
GoodRx could seek up to $969M in IPO
GoodRx priced its long-awaited IPO between $24 and $28 per share. The company could raise up to $969 million in funding.
Promoted
Payer’s Place: Dr. Anil Singh
Dr. Anil Singh shares his insights into the strategies employed by the organization to identify the most effective digital solutions for their members.
Promoted
Discover the Next-Gen Platform for Integrated Collaborative Care
Beyond EHRs and digital front doors, reducing the gaps in patient care journeys.
