Number of locations
|Revenue||$745.4 million (2021)|
Number of employees
GoodRx Holdings, Inc. is an American healthcare company that operates a telemedicine platform and a free-to-use website and mobile app that track prescription drug prices in the United States and provide cheap drug coupons for discounts on medications. GoodRx checks more than 75,000 pharmacies in the United States. In 2017, the website got about fourteen million visitors a month. As of February 25, 2020, "millions of people" had downloaded the GoodRx app.
GoodRx was founded in Santa Monica, California in 2011. In 2017, GoodRx announced partnerships with major prescription drug companies in the country to negotiate lower prescription drug costs. In September 2019, GoodRx acquired the telemedicine company HeyDoctor and rebranded the telemedicine platform as GoodRx Care. The platform allows individuals to consult with a doctor online and obtain a prescription for certain types of medications at a cost of US$20 as of December 2019,[update] regardless of insurance status. Medical testing services, which vary in price, are also offered through the platform. In 2021, GoodRx acquired the health video company HealthiNation.
The Santa Monica-based startup was founded in September 2011 by Trevor Bezdek and former Facebook executives Doug Hirsch and Scott Marlette. Marlette was one of the first 20 employees at Facebook and built Facebook's photo application. In 2005, Hirsch was the Vice President of Product at Facebook, working closely with Mark Zuckerberg.
On February 25, 2020, Consumer Reports published an article stating that GoodRx shared user data − specifically, pseudonymized advertising ID numbers that companies use to track the behavior of web users across websites, the names of the drugs that users browsed, and the pharmacies where user sought to fill prescriptions − with Google, Facebook, and around 20 other internet-based companies. A few days after the Consumer Reports article was published, GoodRx published a statement saying it made changes to prevent user search data on medical conditions and pharmaceuticals from being shared with Facebook. In March, 2020, GoodRx stopped sending data about users’ prescriptions to Facebook.
On February 1, 2023, the Federal Trade Commission fined GoodRx US$1.5 million for sharing sensitive user information to Facebook and Google.
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- ^ a b "GoodRx 2021 10-K". sec.gov. Retrieved May 3, 2022.
- ^ a b c d Heather Landi (September 27, 2019). "Tech GoodRx acquires telemedicine company HeyDoctor to add virtual healthcare services". FierceHealthcare. Retrieved December 25, 2019.
- ^ a b Mcusic, Teresa. "Where to turn online to save money on prescription drugs". Star Telegram. Archived from the original on May 17, 2017. Retrieved May 18, 2017.
- ^ "Money, drugs, and the medical practice: Can physicians benefit from helping patients reduce prescription costs? – Continuum". Carecloud. March 2018. Retrieved March 20, 2018.
- ^ a b Thomas, Katie (February 9, 2016). "New Online Tools Offer Path to Lower Drug Prices". New York Times. Retrieved May 18, 2017.
- ^ a b Thomas Germain (March 6, 2020). "GoodRx Saves Money on Meds — It Also Shares Data With Google, Facebook, and Others". Consumer Reports. Retrieved April 22, 2020.
- ^ Morgan, David. "Inside Rx aims to lower high prescription drug costs". CBS News. Retrieved May 18, 2017.
- ^ "GoodRx to acquire health video company HealthiNation forever and $75M in cash". April 20, 2021.
- ^ a b Dickinson, Boonsri. "These Ex-Facebook Guys Want To Help You Find Cheaper Drugs". Business Insider. Retrieved May 18, 2017.
- ^ a b Empson, Rip (February 19, 2012). "GoodRx Grabs $1M+ From SV Angel, Founders Fund & More To Help You Find Cheap Prescription Drugs". TechCrunch. Retrieved May 18, 2017.
- ^ Lazarus, David (February 24, 2012). "Making it easy to comparison shop for prescription drugs". Los Angeles Times. Retrieved May 18, 2017.
- ^ "GoodRx and Data Privacy". GoodRx. February 28, 2020. Retrieved April 22, 2020.
- ^ Germain, Thomas. "GoodRx Stops Sending Prescription Data to Facebook". Consumer Reports. Retrieved September 17, 2022.
- ^ Dudek, Mitch (February 1, 2023). "Discount prescription company GoodRx fined $1.5 million for sharing sensitive user info". Chicago Sun-Times. Retrieved February 1, 2023.
- ^ Weatherbed, Jess (February 2, 2023). "FTC fines GoodRx for sharing user health data with Google and Facebook". The Verge. Retrieved February 3, 2023.
- Official website
- Business data for GoodRx Holdings, Inc.:
- Companies based in Santa Monica, California
- Health care companies based in California
- Pharmacy in the United States
- American companies established in 2011
- Health care companies established in 2011
- Mobile applications
- 2020 initial public offerings
- Companies listed on the Nasdaq
- 2011 establishments in California
- Medical technology companies of the United States