GoodRx Holdings, Inc. - Class A Common Stock (GDRX)
Frequently Asked Questions About GoodRx Holdings, Inc. - Class A Common Stock (GDRX)
Can GoodRx be used with insurance?
Yes, GoodRx can be used in conjunction with most insurance plans. Users can choose to use GoodRx discounts instead of their insurance benefits, especially if the GoodRx price is lower than their co-pay or deductible. This flexibility enhances consumer choice and savings.
Does GoodRx offer telehealth services?
Yes, GoodRx provides telehealth services that allow consumers to consult healthcare providers remotely. This service is particularly useful for patients seeking quick medical advice or prescription refills without needing to visit a doctor's office in person.
How can consumers use GoodRx?
Consumers can use GoodRx by visiting the company's website or downloading its mobile app, where they can search for medications, compare prices at various pharmacies, and obtain discount coupons. The platform allows users to easily find the lowest prices for their prescriptions and take advantage of savings.
How does GoodRx contribute to public health?
GoodRx contributes to public health by improving access to affordable medication, increasing price transparency, and promoting adherence to prescribed treatments. By lowering the cost barrier for users, the company plays a vital role in enhancing overall health outcomes and reducing healthcare disparities.
How does GoodRx ensure price accuracy?
GoodRx works to ensure price accuracy by continuously auditing and updating its database of drug prices in collaboration with pharmacies. The company employs advanced technology to monitor real-time pricing and discount offers, providing consumers with the most current information available.
How does GoodRx make money?
GoodRx generates revenue primarily through advertising, subscription services, and transaction fees from pharmacy partners. When consumers use GoodRx to obtain medications, the platform shares a portion of the savings it negotiates with pharmacies, thereby earning a commission.
How many people use GoodRx?
GoodRx has millions of users who rely on the platform for their prescription needs. The company's user base has grown significantly, reflecting an increasing demand for affordable healthcare options and the convenience of digital solutions in managing prescription costs.
Is GoodRx a publicly traded company?
Yes, GoodRx Holdings, Inc. is publicly traded on the Nasdaq stock exchange under the ticker symbol 'GDRX'. The company went public in September 2020, attracting significant investor interest due to its innovative business model and growth potential in the healthcare sector.
What are GoodRx's main services?
GoodRx offers several primary services, including a drug price comparison tool, a prescription discount program, telehealth consultations, and a pharmacy locator service. These services aim to enhance consumer access to healthcare by providing transparency in medication costs and options.
What are the future growth prospects for GoodRx?
GoodRx has promising growth prospects due to its expanding user base, evolving healthcare landscape, and increasing demand for affordable solutions. The company continues to innovate by exploring partnerships, enhancing its digital platform, and potentially expanding international offerings, positioning itself for sustained success.
What does GoodRx Holdings, Inc. do?
GoodRx Holdings, Inc. operates a leading digital healthcare marketplace that provides consumers with access to prescription drugs, telehealth services, and pharmacological information. The company partners with pharmacies and healthcare providers to offer discounted medication and price transparency tools, helping consumers save on healthcare costs.
What is GoodRx's mission?
GoodRx's mission is to make healthcare more affordable and accessible for everyone. The company aims to provide clear and comprehensive information about drug prices and healthcare options, empowering consumers to make informed decisions and save on costs.
What is GoodRx's stance on privacy?
GoodRx takes user privacy seriously and is committed to protecting personal information. The company complies with all relevant regulations, including HIPAA, and implements robust security measures to safeguard user data from unauthorized access while providing transparency about its data collection practices.
What is the GoodRx Gold program?
GoodRx Gold is a subscription service offered by GoodRx that provides members with access to additional discounts on prescription medications. For a monthly fee, subscribers can save even more on a wide range of drugs at participating pharmacies, making it a popular choice for frequent medication users.
What kind of data does GoodRx collect?
GoodRx collects data related to user interactions on its platform, including search queries, saved prescriptions, and overall usage patterns. The company uses this data to improve its services, enhance user experience, and deliver personalized recommendations, all while ensuring user privacy and compliance with regulations.
What sets GoodRx apart from competitors?
GoodRx distinguishes itself from its competitors through its extensive pharmacy network, user-friendly platform, and a comprehensive database of drug prices and coupons. The company has built trust with its users by continuously updating information and ensuring transparency, which helps consumers find the best deals on medications.
What types of medications can be found on GoodRx?
GoodRx offers discounts and information on a vast range of prescription medications, including generic and brand-name drugs. The platform covers various therapeutic categories, from chronic condition medications to acute care treatments, making it a comprehensive resource for consumers.
When was GoodRx founded?
GoodRx was founded in 2011 by Doug Hirsch, Trevor Bezdek, and Scott Marlette. The company has evolved significantly over the years, introducing innovative solutions to make prescription medications more affordable and accessible to consumers.
Where can investors find financial information about GoodRx?
Investors can find financial information about GoodRx through various resources, including the company's investor relations page on its official website, SEC filings, and financial news platforms. These sources provide updates on the company's performance, growth strategies, and market position.
Where is GoodRx headquartered?
GoodRx is headquartered in Santa Monica, California. This location is strategically chosen to be at the heart of a vibrant tech and healthcare ecosystem, allowing the company to attract top talent and collaborate with other innovative organizations.
What is the current price of GoodRx Holdings, Inc. - Class A Common Stock?
The current price of GoodRx Holdings, Inc. - Class A Common Stock is 4.570
When was GoodRx Holdings, Inc. - Class A Common Stock last traded?
The last trade of GoodRx Holdings, Inc. - Class A Common Stock was at 4:00 pm EDT on April 2nd, 2025
What is the market capitalization of GoodRx Holdings, Inc. - Class A Common Stock?
The market capitalization of GoodRx Holdings, Inc. - Class A Common Stock is 1.88B
How many shares of GoodRx Holdings, Inc. - Class A Common Stock are outstanding?
GoodRx Holdings, Inc. - Class A Common Stock has 412.43M shares outstanding.