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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.

News

GoodRx and MedImpact Announce Program to Ensure Seamless Access to Affordable Prescriptions

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GoodRx and MedImpact partner to offer a new savings solution for prescription medications, integrating GoodRx's pricing with MedImpact's platform. The collaboration aims to provide convenience and savings for MedImpact members, with the lowest price automatically applied to their deductible. The program also includes seamless data integration and alerts for negative drug interactions. GoodRx continues to expand its reach by partnering with pharmacy benefit managers. The new program will be available to eligible MedImpact members from January 1, 2024.
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GoodRx Now Offers 40% More Savings on Nearly 200 Medications at Walgreens

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GoodRx announces new initiative at Walgreens to reduce prices on nearly 200 prescription medications by an average of 40%
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GoodRx to Present at the Morgan Stanley Global Healthcare Conference

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GoodRx executives to present at Morgan Stanley Global Healthcare Conference
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GoodRx Launches Real-Time Benefit Check In Provider Mode To Offer Comprehensive Cost Information At The Point of Prescribing

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GoodRx launches real-time benefit check in Provider Mode, allowing healthcare professionals to compare insurance prices, cash prices, and manufacturer savings programs in one place. Over 550,000 HCPs have used Provider Mode. The feature addresses the need for insurance copay information and aims to increase medication adherence. Real-time benefit check provides transparency and efficiency, saving time for providers. It also benefits pharma manufacturers by raising awareness of their medication access solutions. GoodRx plans to expand the feature to include generic drugs and address key challenges in medication access and affordability.
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GoodRx Reports Second Quarter 2023 Results

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GoodRx Unveils Medicine Cabinet, A Better Way To Manage All Of Your Prescriptions

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GoodRx announces Medicine Cabinet, a comprehensive solution to help consumers manage their medications. It offers tools for prescription tracking, refill reminders, finding low prices, and earning rewards. Medicine Cabinet aims to improve medication adherence and reduce healthcare costs. Early data shows that GoodRx users who engage with Medicine Cabinet are four times more likely to claim prescriptions at the pharmacy and fill 40% more prescriptions than non-registered users.
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GoodRx Announces Date for Second Quarter 2023 Earnings Release and Conference Call

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CVS Caremark and GoodRx to launch Caremark® Cost Saver™ to help lower out-of-pocket drug costs for CVS Caremark clients' members

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CVS Caremark and GoodRx have launched Caremark Cost Saver, a prescription drug discount solution aimed at lowering pharmacy out-of-pocket costs for CVS Caremark clients' members. The program provides automatic access to GoodRx's prescription pricing, allowing members to pay lower prices on generic medications. The amount paid will be applied to plan members' deductible and out-of-pocket thresholds. No action is required by the plan member.
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GoodRx Appoints Dorothy Gemmell as Chief Commercial Officer

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GoodRx appoints Dorothy Gemmell as Chief Commercial Officer to co-lead Pharma Manufacturer Solutions business and oversee GoodRx Health and Provider Mode. Gemmell brings extensive industry experience and will focus on expanding brand partnerships and scaling GoodRx's solutions for medication adherence.
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GoodRx to Present at the Jefferies Healthcare Conference

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GoodRx Holdings, Inc. (Nasdaq: GDRX) will be presenting at the Jefferies Healthcare Conference on June 8, 2023. The presentation will be available via live webcast and archived recording on the Company's Investor Relations website.
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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.

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GoodRx Holdings, Inc.

Nasdaq:GDRX

GDRX Rankings

#2101 Ranked by Market Cap
N/A Ranked by Dividends

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