👋 Come meet the SmithRx team! Here's where we'll be this August: Aug 13 | Benefits Innovation Forum 2026 Hosted by Renewal 📍 Chattanooga, TN 🎤 Modern PBMs: Reducing Complexity & Cost of Pharmacy Benefits 👤 Eric Porter, MBA, VP of SMB Sales, SmithRx Aug 18–19 | Benefits Assembly Hosted by The Millennium Alliance 📍 Austin, TX 🎤 The Benefits Breakthrough: Leading Meaningful Cost Reduction in Pharmacy Benefits 👤 Ty Perry, VP of Sales, SmithRx Can't wait to see you there! 🧡 #PharmacyBenefits #EmployeeBenefits #ModernPBM #TheMillenniumAlliance #SmithRx
SmithRx
Hospitals and Health Care
San Francisco, CA 20,268 followers
Radically transparent pharmacy benefits.
About us
Our mission is to reduce the cost and complexity of pharmacy benefits for America’s employers and patients. Pharmacy benefits are broken. The overly complex monopolies built by big PBMs only serve their bottom lines. SmithRx is a transparent, pass-through pharmacy benefits manager for self-insured employers. We operate independently from insurance companies and pharmacies so that our incentives are 100% aligned with our customers. Our modern technology and innovative cost savings programs connect our members to the lowest cost drugs. Get in touch with us to today to learn how to save on your pharmacy spend!
- Website
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http://www.smithrx.com/
External link for SmithRx
- Industry
- Hospitals and Health Care
- Company size
- 501-1,000 employees
- Headquarters
- San Francisco, CA
- Type
- Privately Held
- Founded
- 2016
- Specialties
- Healthcare, Pharmaceuticals, Healthcare IT, Pharmacy Benefit Management, Pharmacy Benefits Management, PBM, SaaS, Cloud, B2B, Enterprise SaaS, Prescription Drugs, and Workers Compensation
Locations
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Primary
Get directions
300 Brannan St
San Francisco, CA 4107, US
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Get directions
1331 W Powell Way
Suite 4
Lehi, Utah 84043, US
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Get directions
6080 Tennyson Pkwy
Plano, Texas 75024, US
Employees at SmithRx
Updates
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The average member has a medical carrier, a PBM, and 8 to 12 different point solutions, with no clear idea where to turn when they need help. Jonathan Koval, PharmD MBA, GM and VP of Pharmacy Care & Weight Health at Transcarent joined Alissa Johnson, PharmD, MBA, BCPS and Alan Pannier, Pharm D,MBA, on Full Disclosure to share how pharmacy claims can do more than process a transaction. For example, with modern pharmacy benefits, when a member fills a new antidepressant, that signal can automatically connect them to the mental health benefit they may not have even known to look for. This guidance improves their quality of care by proactively matching them with resources, especially when they're already managing a new diagnosis. ➡️ Watch the full episode and read the recap to learn more: https://bit.ly/4pPtjWB #ModernPBM #PharmacyBenefits #EmployerBenefits #PBM #FullDisclosure #SmithRx #Transcarent
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💸 While big rebate checks look enticing, employers are really accepting delayed payment and sub-par ‘deals’. On the latest episode of Collective Health's podcast, The Benefits Playbook, SmithRx founder and CEO Jake Frenz sat down with Dane Thorwaldson to break down why that rebate check isn't the win it looks like, and why employers should measure total cost per member, per month (PMPM), instead. ➡️ Watch or listen to the full conversation here: https://bit.ly/4fjXqlm #Benefits #HR #PBMs #SmithRx #TheBenefitsPlaybook
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📰 In this month's edition of Benefits Blueprint: → Get your PBM contract audit-ready with our CAA readiness webinar → Build a sustainable, clinically-informed GLP-1 coverage strategy → See what's ahead in the Q2 Drug Pipeline & Clinical Update → Learn how fiduciary alignment and independent pharmacy affect your plan Read the full digest, and subscribe to be the first to know when the next edition drops. #SmithRx #BenefitsLeaders #PBMs #ModernPBM #CHRO
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⏱️ Last chance to register for tomorrow's Full Disclosure webinar: X-Ray Your PBM Contract: CAA Readiness and Alignment Made Easy 🎟️ Save your spot: https://bit.ly/3Rb7Jis Tomorrow, plan sponsors get a firsthand look at the tools built to independently verify what a PBM contract delivers. Join Steve Ditto, Senior Health Executive and Compliance Advisor; Board Advisor at Nautilus Health Institute, and host Alissa Johnson, PharmD, MBA, BCPS, Senior Director, Clinical Strategy at SmithRx, alongside Alan Pannier, Pharm D,MBA, Chief Strategy Officer at SmithRx, for a conversation on how to separate real fiduciary alignment from marketing language. Register now to learn more about: • Understanding the gap between PBM jargon and true fiduciary commitment • A guided look at Nautilus Health Institute's Contract X-ray and CAA Readiness Report • Questions to ask your PBM to verify real compliance versus marketing tactics See you there! #ModernPBM #PharmacyBenefits #EmployerBenefits #PBM #FullDisclosure #SmithRx #CAA
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🗞️ In this month's Broker Brief: → CAA readiness webinar → Q2 Drug Pipeline & Clinical Update → On-demand educational sessions covering GLP-1s and fiduciary alignment ⬇️ Read the full digest, and subscribe to get next month’s edition straight to your inbox. #SmithRx #BenefitsBrokers #BrokerConsultants #PBMs #ModernPBM
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🎙️ Don't miss next week's Full Disclosure episode: X-Ray Your PBM Contract: CAA Readiness and Alignment Made Easy 🎟️ Register now: https://bit.ly/3Rb7Jis In an industry dominated by complex pharmacy benefit contracts, it can be nearly impossible for folks without a law degree to decipher what deals (and rights) they get in their PBM contract. Next week's episode breaks down the new tools available to help you evaluate alignment and take back control of your PBM contract. On Thursday, July 30 at 9:30 AM PT / 12:30 PM ET, join Steve Ditto, Senior Health Executive and Compliance Advisor; Board Advisor at Nautilus Health Institute, Alan Pannier, Pharm D,MBA, Chief Strategy Officer at SmithRx, and host Alissa Johnson, PharmD, MBA, BCPS, Senior Director, Clinical Strategy at SmithRx, for a closer look at the gap between PBM jargon and true fiduciary commitment. See you there! #ModernPBM #PharmacyBenefits #EmployerBenefits #PBM #FullDisclosure #SmithRx #CAA
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Headed to RosettaFest 2026 later this month? If you want to know how to hold your PBM accountable for delivering on its promises, add this educational session to your schedule: 🎤 Beyond Transparency Claims: How to Know If Your Modern PBM Is Actually Delivering on Its Promise 👤 Alan Pannier, Pharm D,MBA, Chief Strategy Officer, SmithRx 🗓️ July 29, 2026 | 3:20 – 3:45 PM 📍 Nashville, TN For employers who have already made the move to a modern PBM or are planning to, the question is no longer why to switch. It is whether the partner you switched to is actually delivering on its promise of true transparency. Alan will walk through a practical framework and supporting tools for holding any PBM accountable, from contract alignment to clinical execution to the metric that tells you whether your plan is actually performing. Mark your calendars for the session and come meet the SmithRx team at Booth 326. We would love to connect and answer any questions you have. Big thanks to Health Rosetta, a Public Benefit Corporation for creating a space where employers can have these conversations. Looking forward to seeing everyone in Nashville. #RosettaFest2026 #PharmacyBenefits #PBM #HealthcareTransparency #EmployerHealthcare
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The GLP-1 market has seen significant movement this year including new oral formulations, expanded indications, and Medicare's first-ever weight-loss coverage change. Check in on what's new in this on-demand Full Disclosure webinar: https://bit.ly/45foLiG ⬇️ Elena Sullivan, MMSc, PA-C, Committee Member of the Obesity Medicine Association and Director at Large of PAs in Obesity Medicine, recently joined host Alissa Johnson, PharmD, MBA, BCPS, Senior Director, Clinical Strategy at SmithRx, for a clinical look at what's changed in the GLP-1 market, what's coming, and how to build a benefits strategy that holds up long-term. 📌 Key takeaways: • GLP-1s have quickly become one of the top spend categories for employers, with 8 out of 10 reporting they're driving an overall increase in company costs. • Direct-to-employer pricing can cut GLP-1 costs to roughly $450 or less per fill through eligible vendors. • A fiduciary-aligned, transparent PBM helps employers keep GLP-1 coverage sustainable and clinically sound. The recap also covers: • What changed with Medicare GLP-1 coverage on July 1, and what it signals for commercial plans • Whether patients should switch from injectable GLP-1s to the new oral options • More cost-effective alternatives to GLP-1s that benefits leaders often overlook 🎙️ Read the recap and watch on-demand: https://bit.ly/45foLiG #ModernPBM #PharmacyBenefits #EmployerBenefits #PBM #FullDisclosure #SmithRx #GLP1s
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With legacy PBMs, cross-subsidizing clients and opaque pricing structures are standard practice, which means many plan sponsors don't know if they're getting the best price on their pharmacy benefit. On this episode of Full Disclosure, Jonathan Koval, PharmD MBA, Alan Pannier, Pharm D,MBA, and Alissa Johnson, PharmD, MBA, BCPS discuss why aligned incentives, transparent pricing, and a shared commitment to the employer's best interest are what set the SmithRx and Transcarent partnership apart. ➡️ Watch the full episode and read the recap to learn more: https://bit.ly/4wcpHAp #ModernPBM #PharmacyBenefits #EmployerBenefits #PBM #FullDisclosure #SmithRx #Transcarent