GoodRx

Healthcare provider standing against a wall and looking at something in their hand
By  Jessica Hagen 04:24 pm December 27, 2023
Executives in the digital health space shared with MobiHealthNews the most notable events in healthcare in 2023, including generative AI moving into the mainstream, the rise of ChatGPT, the fall of Silicon Valley Bank and Medicaid disenrollment. Matthew Stoudt, cofounder and CEO of AppliedVR "Silicon Valley Bank was the clear Black Swan event of 2023 and sent a shockwave through the entire system...
Digital image of a robot pertaining to healthcare
By  Jessica Hagen 10:37 am December 14, 2023
Leaders in the digital health space told MobiHealthNews their predictions about where AI will make the most significant mark in healthcare in 2024.    Following the considerable increase in the use of AI in healthcare in 2023, stakeholders expect next year to bring even wider adoption of the technology across various sectors, from implementation in physician-facing tools that help ease provider...
Scientist in a laboratory holding a microscope slide with digitization display in a laboratory
By  Jessica Hagen 02:46 pm December 7, 2023
Leaders in the digital health space relayed to MobiHealthNews what stood out to them in 2023 as the year draws to an end. Many noted the meteoric rise of genAI in 2023 and expectations of growing adoption of the technology in 2024, emphasizing the importance of treading carefully as the tech is further implemented. Other stakeholders pinpointed bankruptcies and mergers and acquisitions as being...
Person standing on a balcony looking at the sky with a tablet in their hand
By  Doug Hirsch 12:54 pm July 24, 2023
2023 will be known, sadly, as the year millions of Americans were removed from Medicaid. As states reset their Medicaid eligibility rules post-pandemic, more rapid “unwinding” out of the gate is being seen than was predicted. Even though the public health emergency, which guaranteed continuous coverage for enrollees, just ended in May, 3,289,000 people on Medicaid have been disenrolled as of July...
Person at a pharmacy interacting with a healthcare provider
By  Jessica Hagen 01:08 pm July 12, 2023
CVS Caremark, a pharmacy benefit manager and part of CVS Health, announced it is partnering with drug cost and telehealth company GoodRx to launch Caremark Cost Saver, providing Caremark's members access to GoodRx's lower-cost prescription pricing.   Beginning January 1, 2024, Caremark's members can use their existing benefit card at an in-network pharmacy of their choice to automatically have...
Scott Wagner, interim chief executive officer of GoodRx
By  Jessica Hagen 11:51 am April 26, 2023
Drug cost and telehealth platform GoodRx has appointed previous GoDaddy leader Scott Wagner as interim chief executive officer, replacing cofounders and co-CEOs Doug Hirsch and Trevor Bezdek.  Hirsch and Bezdek will remain within GoodRx's leadership team, with Hirsch acting as chief mission officer and Bezdek as chairman.  Hirsch will work with the company's community of healthcare providers and...
A person using a laptop.
By  Emily Olsen 10:13 am March 3, 2023
The Federal Trade Commission has started cracking down on digital health companies for allegedly sharing consumers' health data for advertising purposes.  Last month, the agency said GoodRx had shared personal health information with third parties like Google and Facebook. The company, best known for its drug-cost transparency tools, agreed to pay a $1.5 million fine to settle the case, but...
A person holding a bill bottle and using a laptop
By  Emily Olsen 04:36 pm March 1, 2023
GoodRx reported falling revenue for the fourth quarter, but its stock rallied early Wednesday after beating earnings expectations.  The company, best known for its drug cost-transparency tools, reported $184.1 million in revenue for Q4 compared with $213.3 million in the prior-year period. Net loss for the quarter was $2 million, compared to $39.9 million last year, which the company said was due...
A woman holding a pill bottle and using a laptop.
By  Emily Olsen 02:19 pm February 1, 2023
The Federal Trade Commission on Wednesday alleged drug-cost and telehealth platform GoodRx shared consumers' personal health information with third parties like Google and Facebook. According to the FTC's complaint, GoodRx provided information about its users' prescription medications and health conditions for advertising purposes, like targeting users with health-related ads on Facebook based on...
A woman talking to a doctor through a video chat on her laptop.
By  Emily Olsen 12:20 pm November 11, 2022
Telehealth staffing and services company Wheel will acquire GoodRx's backend virtual care technology for $19.5 million in cash.  The deal, which is expected to close at the end of the month, includes GoodRx Care's EHR, clinical management tools and patient experience software.  Wheel will integrate the tech into its virtual care offerings, though GoodRx will continue to own and operate its...