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GoodRx Holdings, Inc. - GDRX STOCK NEWS

Welcome to our dedicated page for GoodRx Holdings news (Ticker: GDRX), a resource for investors and traders seeking the latest updates and insights on GoodRx Holdings stock.

GoodRx Holdings, Inc. (Symbol: GDRX) is a leading consumer-focused digital healthcare platform committed to reducing the cost of healthcare in the United States. The company operates a price comparison platform that provides consumers with current, geographically relevant pricing for prescription medications. GoodRx gathers prices from multiple sources, offering powerful savings tips, valuable discounts, and negotiable price codes for prescriptions at virtually every pharmacy across the US.

GoodRx serves millions of Americans each month, including thousands of physicians who use the platform to help their patients. To date, the company has saved users over $3 billion on their prescription drug costs. Despite this success, GoodRx continues to work toward making prescriptions affordable for all Americans.

The company's core revenue stream comes from pharmacy benefit managers (PBMs), who manage formularies and prescription transactions. GoodRx also offers additional healthcare products and services such as pharma manufacturer solutions, subscription plans, and telehealth services. Their platform extends beyond individual consumers to include solutions for health plans, payors, and PBMs through an easy-to-use website and mobile app experience known as GoodRx for Benefits.

As GoodRx continues to innovate and expand its offerings, it remains dedicated to its mission of lowering healthcare costs and making essential medications accessible to everyone in the US. Stay updated with the latest news and developments from GoodRx to see how they are transforming the healthcare landscape.

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GoodRx (GDRX) has launched a Vaccine Guide to assist users in navigating the rollout of the COVID-19 vaccine. Collaborating with the CDC and VaccineFinder, GoodRx tracks vaccine availability at over 50,000 locations, including pharmacies and clinics. The guide allows consumers to find vaccination appointments and the types of vaccines available. Notably, more than 1.8 million Americans have subscribed for text alerts on local eligibility and updates. GoodRx has saved Americans over $25 billion in healthcare costs since 2011, becoming the #1 downloaded medical app in the last three years.

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GoodRx Holdings Inc. (Nasdaq: GDRX) announced its fourth quarter and full year 2020 financial results, emphasizing its role as a leading healthcare savings resource. The company has facilitated over $25 billion in savings for Americans since 2011. Investors can access the full results and a shareholder letter on the company's investor relations website. A conference call is scheduled for March 11, 2021, at 2:00 p.m. PT to discuss these results further.

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GoodRx has launched GoodRx Helps, a philanthropic initiative offering free prescriptions to patients facing financial barriers. In partnership with the National Association of Free and Charitable Clinics, GoodRx aims to subsidize nearly 1,000 medications across 23 clinics, targeting underserved communities. Following its IPO, the company has allocated over $40 million to this program, projecting to provide over $5 million in medications in 2021. This initiative comes amid rising healthcare costs and a significant increase in unemployment due to the pandemic, which has left millions without insurance.

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GoodRx Holdings Inc. (Nasdaq: GDRX) is set to report its fourth quarter and full year 2020 financial results on March 11, 2021, after market close. A conference call will be held at 2:00 p.m. PT to discuss the results and the company's business outlook. Investors can access the call via a webcast at investors.goodrx.com. GoodRx is recognized for helping Americans save on healthcare, having facilitated over $25 billion in savings since 2011, and remains the top downloaded medical app.

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GoodRx Holdings (Nasdaq: GDRX) announced its participation in upcoming virtual investor conferences. Executives will present at the Goldman Sachs Technology and Internet Conference on January 12 at 11:50 a.m. PT and the J.P. Morgan Healthcare Conference on January 13 at the same time. The presentations will be available via live webcast and archived on the Company's Investor Relations website for at least 30 days. GoodRx, a leading digital healthcare platform, has helped Americans save over $25 billion since 2011.

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GoodRx (GDRX) has expanded benefits for its subscription service, GoodRx Gold, offering members exclusive discounts on online doctor visits and free mail delivery. Members can now access affordable healthcare from home, with telehealth visits starting at $10. The service includes mail delivery for over 1,000 medications, with many under $10. After a 30-day free trial, the subscription costs $5.99 monthly for individuals and $9.99 for families. The average member saves over $2,875 annually. GoodRx aims to enhance access to healthcare as telehealth interest rises post-COVID-19 pandemic.

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GoodRx Holdings Inc. (Nasdaq: GDRX) announced its third quarter 2020 financial results, highlighting its ongoing mission to make healthcare affordable. With over $25 billion saved by Americans since 2011, GoodRx remains a leading resource for healthcare savings, providing affordable prescriptions and telehealth services. Investors can access the Q3 results and shareholder letter on the investor relations website. A conference call is scheduled for today to discuss these results and the company’s outlook.

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GoodRx Holdings Inc. (Nasdaq: GDRX) announced participation in several upcoming virtual investor conferences. Key events include the RBC Capital Markets Conference on November 18 at 7:15am PT, the Credit Suisse Technology Conference on December 3 at 9:50am PT, the UBS Global TMT Conference on December 8 at 11:50am PT, and the Barclays Global Conference on December 10 at 10:00am PT. Live webcasts and archived recordings will be available on the Company’s Investor Relations website post-conference.

GoodRx has saved Americans over $20 billion since 2011.

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GoodRx Holdings Inc. (Nasdaq: GDRX) announced the release of its third quarter 2020 financial results on November 12, 2020, before the U.S. market opens. A conference call will follow at 5:30 a.m. PT to discuss the results and future outlook. The company has aided Americans in saving over $20 billion since 2011. GoodRx is recognized as the #1 most downloaded medical app over the past three years, reflecting its strong market presence in consumer-focused digital healthcare.

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FAQ

What is the current stock price of GoodRx Holdings (GDRX)?

The current stock price of GoodRx Holdings (GDRX) is $4.9 as of November 22, 2024.

What is the market cap of GoodRx Holdings (GDRX)?

The market cap of GoodRx Holdings (GDRX) is approximately 1.8B.

What does GoodRx Holdings, Inc. do?

GoodRx Holdings, Inc. is a digital healthcare platform that helps reduce the cost of prescriptions by offering price comparisons, discounts, and savings tips for medications across the US.

How does GoodRx save money on prescriptions?

GoodRx collects and compares current prescription prices from various sources, providing users with discounts and negotiable price codes that can be used at nearly every pharmacy in the US.

Who benefits from using GoodRx?

Millions of Americans, including those with insurance or Medicare, benefit from using GoodRx to find affordable prescription prices. Physicians also use GoodRx to help their patients save money.

How much has GoodRx saved Americans so far?

GoodRx has saved Americans over $3 billion on their prescription drug costs.

What additional services does GoodRx offer?

Besides price comparison and discounts, GoodRx offers pharma manufacturer solutions, subscription plans, telehealth services, and GoodRx for Benefits, which provides solutions for health plans, payors, and PBMs.

How does GoodRx generate revenue?

GoodRx generates revenue primarily from pharmacy benefit managers (PBMs) who manage formularies and prescription transactions. The company also earns from its additional healthcare products and services.

What is GoodRx for Benefits?

GoodRx for Benefits is a technology solution that provides health plans, payors, and PBMs with an easy-to-use website and mobile app experience to manage and reduce healthcare costs.

Is GoodRx available as a mobile app?

Yes, GoodRx offers a mobile app that allows users to compare prescription prices, find discounts, and access savings tips on the go.

Why should I use GoodRx if I already have insurance?

Even with insurance or Medicare, prescription costs can be high. GoodRx helps you find lower prices and better discounts, making medications more affordable.

Where can I learn more about GoodRx?

Visit www.goodrx.com to learn more about how GoodRx can help you save on prescriptions and explore their additional healthcare services.

GoodRx Holdings, Inc.

Nasdaq:GDRX

GDRX Rankings

GDRX Stock Data

1.75B
88.30M
11.9%
70.75%
2.28%
Health Information Services
Services-computer Processing & Data Preparation
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United States of America
SANTA MONICA