Insights & Education
Insights & Education
Insights & Education
Insights & Education
Modern PBM
Dec 17, 2025, 10:45 AM

Modern PBM
The Biosimilar Bottom Line: How Legacy PBMs Hide Millions
Discover the data behind how legacy PBMs make millions off of supposedly “low-cost” biosimilars—and how businesses and members end up footing the bill.
Dec 17, 2025, 10:45 AM
Read More
Dec 11, 2025, 3:21 PM

Modern PBM
PBMs, You Actually Can Control Drug Mix. We Are Proof.
Learn how legacy PBMs intentionally influence drug mix for their own gain and why active drug mix management, not just chasing discounts, is key to massive employer savings.
Dec 11, 2025, 3:21 PM
Read More
Oct 8, 2025, 11:39 AM

Modern PBM
5 Key Takeaways on the Future of PBMs from Our BAM Summit
Explore our key takeaways from the SmithRx BAM Summit and discover why transparency is the key to a better, brighter future for pharmacy benefits.
Oct 8, 2025, 11:39 AM
Read More
Sep 29, 2025, 4:56 PM

Modern PBM
Fully-Insured vs. Self-Insured: How a Carve-Out PBM Delivers Savings and Control
Walk through a comparsion of different plan options to understand why a self-insured, carve-out model is the best approach.
Sep 29, 2025, 4:56 PM
Read More
Sep 11, 2025, 9:27 AM

Modern PBM
Legacy PBMs Are on Borrowed Time: An Insider's Look
Discover how legacy Pharmacy Benefits Managers are failing the pharmacy industry and why modern PBMs are the future of pharmacy benefits.
Sep 11, 2025, 9:27 AM
Read More
Aug 19, 2025, 4:49 PM

Modern PBM
The 5 Pillars of a Modern PBM
Discover what the pillars of a modern PBM are and the effect they have on the pharmacy benefits experience.
Aug 19, 2025, 4:49 PM
Read More
May 6, 2025, 12:00 AM

Modern PBM
Legacy PBMs Are Hurting More Than Just Patients—They’re Hurting Pharmacies, Too
Legacy PBMs are pushing community pharmacies out of business. Discover why your local pharmacy is at risk and how transparent PBM solutions can help them survive.
May 6, 2025, 12:00 AM
Read More
Apr 15, 2025, 12:00 AM

Modern PBM
Tear It Down, Build It Right: What a Truly Transparent PBM Looks Like
Hear how SmithRx rebuilt the PBM model for full transparency—no spread pricing, no rebate games, just clear costs and aligned incentives.
Apr 15, 2025, 12:00 AM
Read More
Jan 30, 2025, 12:00 AM

Modern PBM
The FTC’s Latest PBM Report Confirms What We’ve Known All Along
The FTC’s latest report exposes PBM pricing tactics that SmithRx has long warned about. Employers can act now with a transparent PBM model.
Jan 30, 2025, 12:00 AM
Read More
Jan 8, 2025, 12:00 AM

Modern PBM
4 PBM Trends in 2025
Let's take a look at the top 4 PBM trends to watch in 2025, from transparency to value-based contracts, and how they impact healthcare costs.
Jan 8, 2025, 12:00 AM
Read More
Sep 25, 2024, 12:00 AM

Modern PBM
Transforming the PBM Landscape: Highlights from the Inaugural Broker Account Manager Summit
SmithRx's first Broker Account Manager Summit in Dallas united industry professionals for intensive learning and networking.
Sep 25, 2024, 12:00 AM
Read More
Jul 18, 2024, 12:00 AM

Modern PBM
An Open Letter to SmithRx Customers Regarding Recent PBM News
SmithRx CEO Jake Frenz addresses recent news coverage scrutinizing traditional PBM practices. He highlights how SmithRx's transparent, client-focused approach differs from legacy PBMs.
Jul 18, 2024, 12:00 AM
Read More
Jul 9, 2024, 12:00 AM

Modern PBM
Mail-Order Markups by Big PBMs Drive Up Drug Costs for Employers
A recent Wall Street Journal article reveals unexpected cost increases from mail-order pharmacies. Our blog highlights key issues for brokers and plan sponsors, including rising drug costs and choosing a conflict-free PBM.
Jul 9, 2024, 12:00 AM
Read More
Jun 13, 2024, 12:00 AM

Modern PBM
Why PBM Contracts Are to Blame for High Drug Prices
Discover why drug prices keep rising in America. Learn how Pharmacy Benefit Managers (PBMs) and their discount-based contracts contribute to skyrocketing costs, impacting your wallet and healthcare.
Jun 13, 2024, 12:00 AM
Read More
Apr 23, 2024, 12:00 AM

Modern PBM
Tackling Monopolistic Practices in Pharmacy Benefits Management: Insights from FTC Chair Lina Khan
FTC Chair Lina Khan discusses the harmful impact of anti-competitive practices in the PBM industry on CBS This Morning. She highlights the urgent need for greater transparency and the risks of vertical integration.
Apr 23, 2024, 12:00 AM
Read More
Apr 23, 2024, 12:00 AM

Modern PBM
The Cost of Discount-Focused PBMs: A Case Study of Johnson & Johnson's Prescription Drug Pricing
Uncover the significant price difference between Johnson & Johnson's plan with PBM Express Scripts and SmithRx's cost-effective approach. Find out how our solutions can save on prescription costs.
Apr 23, 2024, 12:00 AM
Read More
Apr 19, 2024, 12:00 AM

Modern PBM
Mark Cuban’s Top 3 Lessons for Benefits Brokers
At this year’s Brown & Brown “Benefits Evolved” event in Dallas, SmithRx Founder and CEO, Jake Frenz, took the stage with Mark Cuban to discuss how brokers can reshape the healthcare landscape.
Apr 19, 2024, 12:00 AM
Read More
Mar 22, 2024, 12:00 AM

Modern PBM
Big 3 PBMs Surpassed by Alternative PBMs, New Survey Reveals
The latest PBM Customer Satisfaction Report from the Pharmaceutical Strategies Group (PSG) presents findings that are clear signals of a significant industry shift.
Mar 22, 2024, 12:00 AM
Read More
Feb 28, 2024, 12:00 AM

Modern PBM
Choosing the Right PBM: Cost Savings vs Discounts
When it comes to PBM evaluation, explore the importance of choosing a cost-based over discount-based approach to ensure transparency and real savings in prescription medications.
Feb 28, 2024, 12:00 AM
Read More
Jan 19, 2024, 12:00 AM

Modern PBM
Series C Success: A $60 Million Leap Towards Transforming Healthcare
Today we’re excited to share a pivotal milestone in our journey at SmithRx: our $60 Million Series C financing round.
Jan 19, 2024, 12:00 AM
Read More
Dec 20, 2023, 12:00 AM

Modern PBM
How To Explain What’s Wrong with US Healthcare to Your Family Over the Holidays
Every American knows that our healthcare system is broken. We all feel the frustration of dealing with the confusing paperwork, archaic systems, and ever-increasing costs. Why is this happening?
Dec 20, 2023, 12:00 AM
Read More
Dec 19, 2023, 12:00 AM

Modern PBM
SmithRx in 2023: A Year of Pioneering Truly Transparent Pharmacy Benefits
2023 was a year about demonstrating true transparency in pharmacy benefits management. It was about nurturing an experience that consistently puts our clients and members first.
Dec 19, 2023, 12:00 AM
Read More
Dec 7, 2023, 12:00 AM

Modern PBM
Smoke and Mirrors: Analyzing CVS’s Drug Pricing Revamp
In the wake of CVS Health's recent announcement to revamp its drug pricing model, those of us in the pharmacy benefits management world are compelled to examine these changes with a critical eye.
Dec 7, 2023, 12:00 AM
Read More
Dec 4, 2023, 12:00 AM

Modern PBM
The Flaws in Cigna’s New Cost-Plus Model
As the SVP of Product Strategy at SmithRx, I've been closely following Cigna’s announcement about their new “cost plus” pharmacy network.
Dec 4, 2023, 12:00 AM
Read More
Nov 27, 2023, 12:00 AM

Modern PBM
Traditional PBMs Capitalize On GLP-1 Drug Frenzy
Once Again, the Financial Burden Falls on Employers and Patients
Nov 27, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
A New Consumer-Centric Approach to Healthcare
As healthcare costs continue to rise, employers and plan sponsors are continually being pressed to find solutions.
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
How Legacy PBMs Play Games with Humira Biosimilars
On January 31, 2023, Amgen released Amjevita, the first biosimilar for AbbVie’s Humira.
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
How Pass-Through Pricing Causes Traditional PBM Clients to Lose
Big PBMs like OptumRx, Caremark, Prime, and Express Scripts have heard the market demand
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
Navigating PBM Deals with Blue Shield as a Self-Insured Business
The Big 3 PBMs manage thousands of “MAC lists” which enable them to charge different prices for the same drug
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
Press release: New coalition of Transparent PBM companies seeks to fix nation’s broken drug pricing system
Transparency-Rx embraces Congressional reform, as a catalyst of changes to the PBM market
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
SmithRx Announces $20 Million Series B Led by Venrock
SmithRx, a next-generation pharmacy benefits management company, today announced the closing of a $20 million series B financing round
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
SmithRx Clients Drug Costs Remain Significantly Below Industry Benchmarks
While drug costs are increasing rapidly, SmithRx’s clients see pharmacy costs fall or remain flat
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
SmithRx Transparency: The Consolidated Appropriations Act (CAA) 2021
At SmithRx, we’re all about transparency and passing through savings for prescription drug coverage.
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
TransparencyRx & the Mission to Fix Broken Drug Pricing
The demand for transparency and affordability in prescription drug pricing has never been more critical.
Nov 16, 2023, 12:00 AM
Read More
Dec 17, 2025, 10:45 AM

Modern PBM
The Biosimilar Bottom Line: How Legacy PBMs Hide Millions
Discover the data behind how legacy PBMs make millions off of supposedly “low-cost” biosimilars—and how businesses and members end up footing the bill.
Dec 17, 2025, 10:45 AM
Read More
Dec 11, 2025, 3:21 PM

Modern PBM
PBMs, You Actually Can Control Drug Mix. We Are Proof.
Learn how legacy PBMs intentionally influence drug mix for their own gain and why active drug mix management, not just chasing discounts, is key to massive employer savings.
Dec 11, 2025, 3:21 PM
Read More
Oct 8, 2025, 11:39 AM

Modern PBM
5 Key Takeaways on the Future of PBMs from Our BAM Summit
Explore our key takeaways from the SmithRx BAM Summit and discover why transparency is the key to a better, brighter future for pharmacy benefits.
Oct 8, 2025, 11:39 AM
Read More
Sep 29, 2025, 4:56 PM

Modern PBM
Fully-Insured vs. Self-Insured: How a Carve-Out PBM Delivers Savings and Control
Walk through a comparsion of different plan options to understand why a self-insured, carve-out model is the best approach.
Sep 29, 2025, 4:56 PM
Read More
Sep 11, 2025, 9:27 AM

Modern PBM
Legacy PBMs Are on Borrowed Time: An Insider's Look
Discover how legacy Pharmacy Benefits Managers are failing the pharmacy industry and why modern PBMs are the future of pharmacy benefits.
Sep 11, 2025, 9:27 AM
Read More
Aug 19, 2025, 4:49 PM

Modern PBM
The 5 Pillars of a Modern PBM
Discover what the pillars of a modern PBM are and the effect they have on the pharmacy benefits experience.
Aug 19, 2025, 4:49 PM
Read More
May 6, 2025, 12:00 AM

Modern PBM
Legacy PBMs Are Hurting More Than Just Patients—They’re Hurting Pharmacies, Too
Legacy PBMs are pushing community pharmacies out of business. Discover why your local pharmacy is at risk and how transparent PBM solutions can help them survive.
May 6, 2025, 12:00 AM
Read More
Apr 15, 2025, 12:00 AM

Modern PBM
Tear It Down, Build It Right: What a Truly Transparent PBM Looks Like
Hear how SmithRx rebuilt the PBM model for full transparency—no spread pricing, no rebate games, just clear costs and aligned incentives.
Apr 15, 2025, 12:00 AM
Read More
Jan 30, 2025, 12:00 AM

Modern PBM
The FTC’s Latest PBM Report Confirms What We’ve Known All Along
The FTC’s latest report exposes PBM pricing tactics that SmithRx has long warned about. Employers can act now with a transparent PBM model.
Jan 30, 2025, 12:00 AM
Read More
Jan 8, 2025, 12:00 AM

Modern PBM
4 PBM Trends in 2025
Let's take a look at the top 4 PBM trends to watch in 2025, from transparency to value-based contracts, and how they impact healthcare costs.
Jan 8, 2025, 12:00 AM
Read More
Sep 25, 2024, 12:00 AM

Modern PBM
Transforming the PBM Landscape: Highlights from the Inaugural Broker Account Manager Summit
SmithRx's first Broker Account Manager Summit in Dallas united industry professionals for intensive learning and networking.
Sep 25, 2024, 12:00 AM
Read More
Jul 18, 2024, 12:00 AM

Modern PBM
An Open Letter to SmithRx Customers Regarding Recent PBM News
SmithRx CEO Jake Frenz addresses recent news coverage scrutinizing traditional PBM practices. He highlights how SmithRx's transparent, client-focused approach differs from legacy PBMs.
Jul 18, 2024, 12:00 AM
Read More
Jul 9, 2024, 12:00 AM

Modern PBM
Mail-Order Markups by Big PBMs Drive Up Drug Costs for Employers
A recent Wall Street Journal article reveals unexpected cost increases from mail-order pharmacies. Our blog highlights key issues for brokers and plan sponsors, including rising drug costs and choosing a conflict-free PBM.
Jul 9, 2024, 12:00 AM
Read More
Jun 13, 2024, 12:00 AM

Modern PBM
Why PBM Contracts Are to Blame for High Drug Prices
Discover why drug prices keep rising in America. Learn how Pharmacy Benefit Managers (PBMs) and their discount-based contracts contribute to skyrocketing costs, impacting your wallet and healthcare.
Jun 13, 2024, 12:00 AM
Read More
Apr 23, 2024, 12:00 AM

Modern PBM
Tackling Monopolistic Practices in Pharmacy Benefits Management: Insights from FTC Chair Lina Khan
FTC Chair Lina Khan discusses the harmful impact of anti-competitive practices in the PBM industry on CBS This Morning. She highlights the urgent need for greater transparency and the risks of vertical integration.
Apr 23, 2024, 12:00 AM
Read More
Apr 23, 2024, 12:00 AM

Modern PBM
The Cost of Discount-Focused PBMs: A Case Study of Johnson & Johnson's Prescription Drug Pricing
Uncover the significant price difference between Johnson & Johnson's plan with PBM Express Scripts and SmithRx's cost-effective approach. Find out how our solutions can save on prescription costs.
Apr 23, 2024, 12:00 AM
Read More
Apr 19, 2024, 12:00 AM

Modern PBM
Mark Cuban’s Top 3 Lessons for Benefits Brokers
At this year’s Brown & Brown “Benefits Evolved” event in Dallas, SmithRx Founder and CEO, Jake Frenz, took the stage with Mark Cuban to discuss how brokers can reshape the healthcare landscape.
Apr 19, 2024, 12:00 AM
Read More
Mar 22, 2024, 12:00 AM

Modern PBM
Big 3 PBMs Surpassed by Alternative PBMs, New Survey Reveals
The latest PBM Customer Satisfaction Report from the Pharmaceutical Strategies Group (PSG) presents findings that are clear signals of a significant industry shift.
Mar 22, 2024, 12:00 AM
Read More
Feb 28, 2024, 12:00 AM

Modern PBM
Choosing the Right PBM: Cost Savings vs Discounts
When it comes to PBM evaluation, explore the importance of choosing a cost-based over discount-based approach to ensure transparency and real savings in prescription medications.
Feb 28, 2024, 12:00 AM
Read More
Jan 19, 2024, 12:00 AM

Modern PBM
Series C Success: A $60 Million Leap Towards Transforming Healthcare
Today we’re excited to share a pivotal milestone in our journey at SmithRx: our $60 Million Series C financing round.
Jan 19, 2024, 12:00 AM
Read More
Dec 20, 2023, 12:00 AM

Modern PBM
How To Explain What’s Wrong with US Healthcare to Your Family Over the Holidays
Every American knows that our healthcare system is broken. We all feel the frustration of dealing with the confusing paperwork, archaic systems, and ever-increasing costs. Why is this happening?
Dec 20, 2023, 12:00 AM
Read More
Dec 19, 2023, 12:00 AM

Modern PBM
SmithRx in 2023: A Year of Pioneering Truly Transparent Pharmacy Benefits
2023 was a year about demonstrating true transparency in pharmacy benefits management. It was about nurturing an experience that consistently puts our clients and members first.
Dec 19, 2023, 12:00 AM
Read More
Dec 7, 2023, 12:00 AM

Modern PBM
Smoke and Mirrors: Analyzing CVS’s Drug Pricing Revamp
In the wake of CVS Health's recent announcement to revamp its drug pricing model, those of us in the pharmacy benefits management world are compelled to examine these changes with a critical eye.
Dec 7, 2023, 12:00 AM
Read More
Dec 4, 2023, 12:00 AM

Modern PBM
The Flaws in Cigna’s New Cost-Plus Model
As the SVP of Product Strategy at SmithRx, I've been closely following Cigna’s announcement about their new “cost plus” pharmacy network.
Dec 4, 2023, 12:00 AM
Read More
Nov 27, 2023, 12:00 AM

Modern PBM
Traditional PBMs Capitalize On GLP-1 Drug Frenzy
Once Again, the Financial Burden Falls on Employers and Patients
Nov 27, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
A New Consumer-Centric Approach to Healthcare
As healthcare costs continue to rise, employers and plan sponsors are continually being pressed to find solutions.
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
How Legacy PBMs Play Games with Humira Biosimilars
On January 31, 2023, Amgen released Amjevita, the first biosimilar for AbbVie’s Humira.
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
How Pass-Through Pricing Causes Traditional PBM Clients to Lose
Big PBMs like OptumRx, Caremark, Prime, and Express Scripts have heard the market demand
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
Navigating PBM Deals with Blue Shield as a Self-Insured Business
The Big 3 PBMs manage thousands of “MAC lists” which enable them to charge different prices for the same drug
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
Press release: New coalition of Transparent PBM companies seeks to fix nation’s broken drug pricing system
Transparency-Rx embraces Congressional reform, as a catalyst of changes to the PBM market
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
SmithRx Announces $20 Million Series B Led by Venrock
SmithRx, a next-generation pharmacy benefits management company, today announced the closing of a $20 million series B financing round
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
SmithRx Clients Drug Costs Remain Significantly Below Industry Benchmarks
While drug costs are increasing rapidly, SmithRx’s clients see pharmacy costs fall or remain flat
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
SmithRx Transparency: The Consolidated Appropriations Act (CAA) 2021
At SmithRx, we’re all about transparency and passing through savings for prescription drug coverage.
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
TransparencyRx & the Mission to Fix Broken Drug Pricing
The demand for transparency and affordability in prescription drug pricing has never been more critical.
Nov 16, 2023, 12:00 AM
Read More
Dec 17, 2025, 10:45 AM

Modern PBM
The Biosimilar Bottom Line: How Legacy PBMs Hide Millions
Discover the data behind how legacy PBMs make millions off of supposedly “low-cost” biosimilars—and how businesses and members end up footing the bill.
Dec 17, 2025, 10:45 AM
Read More
Dec 11, 2025, 3:21 PM

Modern PBM
PBMs, You Actually Can Control Drug Mix. We Are Proof.
Learn how legacy PBMs intentionally influence drug mix for their own gain and why active drug mix management, not just chasing discounts, is key to massive employer savings.
Dec 11, 2025, 3:21 PM
Read More
Oct 8, 2025, 11:39 AM

Modern PBM
5 Key Takeaways on the Future of PBMs from Our BAM Summit
Explore our key takeaways from the SmithRx BAM Summit and discover why transparency is the key to a better, brighter future for pharmacy benefits.
Oct 8, 2025, 11:39 AM
Read More
Sep 29, 2025, 4:56 PM

Modern PBM
Fully-Insured vs. Self-Insured: How a Carve-Out PBM Delivers Savings and Control
Walk through a comparsion of different plan options to understand why a self-insured, carve-out model is the best approach.
Sep 29, 2025, 4:56 PM
Read More
Sep 11, 2025, 9:27 AM

Modern PBM
Legacy PBMs Are on Borrowed Time: An Insider's Look
Discover how legacy Pharmacy Benefits Managers are failing the pharmacy industry and why modern PBMs are the future of pharmacy benefits.
Sep 11, 2025, 9:27 AM
Read More
Aug 19, 2025, 4:49 PM

Modern PBM
The 5 Pillars of a Modern PBM
Discover what the pillars of a modern PBM are and the effect they have on the pharmacy benefits experience.
Aug 19, 2025, 4:49 PM
Read More
May 6, 2025, 12:00 AM

Modern PBM
Legacy PBMs Are Hurting More Than Just Patients—They’re Hurting Pharmacies, Too
Legacy PBMs are pushing community pharmacies out of business. Discover why your local pharmacy is at risk and how transparent PBM solutions can help them survive.
May 6, 2025, 12:00 AM
Read More
Apr 15, 2025, 12:00 AM

Modern PBM
Tear It Down, Build It Right: What a Truly Transparent PBM Looks Like
Hear how SmithRx rebuilt the PBM model for full transparency—no spread pricing, no rebate games, just clear costs and aligned incentives.
Apr 15, 2025, 12:00 AM
Read More
Jan 30, 2025, 12:00 AM

Modern PBM
The FTC’s Latest PBM Report Confirms What We’ve Known All Along
The FTC’s latest report exposes PBM pricing tactics that SmithRx has long warned about. Employers can act now with a transparent PBM model.
Jan 30, 2025, 12:00 AM
Read More
Jan 8, 2025, 12:00 AM

Modern PBM
4 PBM Trends in 2025
Let's take a look at the top 4 PBM trends to watch in 2025, from transparency to value-based contracts, and how they impact healthcare costs.
Jan 8, 2025, 12:00 AM
Read More
Sep 25, 2024, 12:00 AM

Modern PBM
Transforming the PBM Landscape: Highlights from the Inaugural Broker Account Manager Summit
SmithRx's first Broker Account Manager Summit in Dallas united industry professionals for intensive learning and networking.
Sep 25, 2024, 12:00 AM
Read More
Jul 18, 2024, 12:00 AM

Modern PBM
An Open Letter to SmithRx Customers Regarding Recent PBM News
SmithRx CEO Jake Frenz addresses recent news coverage scrutinizing traditional PBM practices. He highlights how SmithRx's transparent, client-focused approach differs from legacy PBMs.
Jul 18, 2024, 12:00 AM
Read More
Jul 9, 2024, 12:00 AM

Modern PBM
Mail-Order Markups by Big PBMs Drive Up Drug Costs for Employers
A recent Wall Street Journal article reveals unexpected cost increases from mail-order pharmacies. Our blog highlights key issues for brokers and plan sponsors, including rising drug costs and choosing a conflict-free PBM.
Jul 9, 2024, 12:00 AM
Read More
Jun 13, 2024, 12:00 AM

Modern PBM
Why PBM Contracts Are to Blame for High Drug Prices
Discover why drug prices keep rising in America. Learn how Pharmacy Benefit Managers (PBMs) and their discount-based contracts contribute to skyrocketing costs, impacting your wallet and healthcare.
Jun 13, 2024, 12:00 AM
Read More
Apr 23, 2024, 12:00 AM

Modern PBM
Tackling Monopolistic Practices in Pharmacy Benefits Management: Insights from FTC Chair Lina Khan
FTC Chair Lina Khan discusses the harmful impact of anti-competitive practices in the PBM industry on CBS This Morning. She highlights the urgent need for greater transparency and the risks of vertical integration.
Apr 23, 2024, 12:00 AM
Read More
Apr 23, 2024, 12:00 AM

Modern PBM
The Cost of Discount-Focused PBMs: A Case Study of Johnson & Johnson's Prescription Drug Pricing
Uncover the significant price difference between Johnson & Johnson's plan with PBM Express Scripts and SmithRx's cost-effective approach. Find out how our solutions can save on prescription costs.
Apr 23, 2024, 12:00 AM
Read More
Apr 19, 2024, 12:00 AM

Modern PBM
Mark Cuban’s Top 3 Lessons for Benefits Brokers
At this year’s Brown & Brown “Benefits Evolved” event in Dallas, SmithRx Founder and CEO, Jake Frenz, took the stage with Mark Cuban to discuss how brokers can reshape the healthcare landscape.
Apr 19, 2024, 12:00 AM
Read More
Mar 22, 2024, 12:00 AM

Modern PBM
Big 3 PBMs Surpassed by Alternative PBMs, New Survey Reveals
The latest PBM Customer Satisfaction Report from the Pharmaceutical Strategies Group (PSG) presents findings that are clear signals of a significant industry shift.
Mar 22, 2024, 12:00 AM
Read More
Feb 28, 2024, 12:00 AM

Modern PBM
Choosing the Right PBM: Cost Savings vs Discounts
When it comes to PBM evaluation, explore the importance of choosing a cost-based over discount-based approach to ensure transparency and real savings in prescription medications.
Feb 28, 2024, 12:00 AM
Read More
Jan 19, 2024, 12:00 AM

Modern PBM
Series C Success: A $60 Million Leap Towards Transforming Healthcare
Today we’re excited to share a pivotal milestone in our journey at SmithRx: our $60 Million Series C financing round.
Jan 19, 2024, 12:00 AM
Read More
Dec 20, 2023, 12:00 AM

Modern PBM
How To Explain What’s Wrong with US Healthcare to Your Family Over the Holidays
Every American knows that our healthcare system is broken. We all feel the frustration of dealing with the confusing paperwork, archaic systems, and ever-increasing costs. Why is this happening?
Dec 20, 2023, 12:00 AM
Read More
Dec 19, 2023, 12:00 AM

Modern PBM
SmithRx in 2023: A Year of Pioneering Truly Transparent Pharmacy Benefits
2023 was a year about demonstrating true transparency in pharmacy benefits management. It was about nurturing an experience that consistently puts our clients and members first.
Dec 19, 2023, 12:00 AM
Read More
Dec 7, 2023, 12:00 AM

Modern PBM
Smoke and Mirrors: Analyzing CVS’s Drug Pricing Revamp
In the wake of CVS Health's recent announcement to revamp its drug pricing model, those of us in the pharmacy benefits management world are compelled to examine these changes with a critical eye.
Dec 7, 2023, 12:00 AM
Read More
Dec 4, 2023, 12:00 AM

Modern PBM
The Flaws in Cigna’s New Cost-Plus Model
As the SVP of Product Strategy at SmithRx, I've been closely following Cigna’s announcement about their new “cost plus” pharmacy network.
Dec 4, 2023, 12:00 AM
Read More
Nov 27, 2023, 12:00 AM

Modern PBM
Traditional PBMs Capitalize On GLP-1 Drug Frenzy
Once Again, the Financial Burden Falls on Employers and Patients
Nov 27, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
A New Consumer-Centric Approach to Healthcare
As healthcare costs continue to rise, employers and plan sponsors are continually being pressed to find solutions.
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
How Legacy PBMs Play Games with Humira Biosimilars
On January 31, 2023, Amgen released Amjevita, the first biosimilar for AbbVie’s Humira.
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
How Pass-Through Pricing Causes Traditional PBM Clients to Lose
Big PBMs like OptumRx, Caremark, Prime, and Express Scripts have heard the market demand
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
Navigating PBM Deals with Blue Shield as a Self-Insured Business
The Big 3 PBMs manage thousands of “MAC lists” which enable them to charge different prices for the same drug
Nov 16, 2023, 12:00 AM
Read More
Nov 16, 2023, 12:00 AM

Modern PBM
Press release: New coalition of Transparent PBM companies seeks to fix nation’s broken drug pricing system
Transparency-Rx embraces Congressional reform, as a catalyst of changes to the PBM market
Nov 16, 2023, 12:00 AM
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Nov 16, 2023, 12:00 AM

Modern PBM
SmithRx Announces $20 Million Series B Led by Venrock
SmithRx, a next-generation pharmacy benefits management company, today announced the closing of a $20 million series B financing round
Nov 16, 2023, 12:00 AM
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Nov 16, 2023, 12:00 AM

Modern PBM
SmithRx Clients Drug Costs Remain Significantly Below Industry Benchmarks
While drug costs are increasing rapidly, SmithRx’s clients see pharmacy costs fall or remain flat
Nov 16, 2023, 12:00 AM
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Nov 16, 2023, 12:00 AM

Modern PBM
SmithRx Transparency: The Consolidated Appropriations Act (CAA) 2021
At SmithRx, we’re all about transparency and passing through savings for prescription drug coverage.
Nov 16, 2023, 12:00 AM
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Nov 16, 2023, 12:00 AM

Modern PBM
TransparencyRx & the Mission to Fix Broken Drug Pricing
The demand for transparency and affordability in prescription drug pricing has never been more critical.
Nov 16, 2023, 12:00 AM
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SmithRx is on a mission to reduce the complexity and costs of pharmacy benefits with radical transparency and cutting-edge technology.
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SmithRx is on a mission to reduce the complexity and costs of pharmacy benefits with radical transparency and cutting-edge technology.
Sales and Business
Pharmacy and Provider Line
Member Help
Connect
Awards


SmithRx is on a mission to reduce the complexity and costs of pharmacy benefits with radical transparency and cutting-edge technology.
Sales and Business
Pharmacy and Provider Line
Member Help
Awards


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