Soundcast - Podcast Responsive Theme

GoodRx Co-Founder Doug Hirsch

Dr. Erin Albert brings us a special Pharmacy Podcast Episode with Co-Founder Doug Hirsch of GoodRx. GoodRx was co-founded by […]

">
June 05, 2017 Community Pharmacy, Patient Advocacy, Technology
Dr. Erin Albert brings us a special Pharmacy Podcast Episode with Co-Founder Doug Hirsch of GoodRx. GoodRx was co-founded by Scott Marlette and Doug Hirsch, both early employees of Facebook. Hirsch was VP of Product at Facebook back in 2005, and Marlette, one of the company’s first 20 employees, was an engineer who worked on, among other things, Facebook’s photo application.
WHAT IS GOODRX
GoodRx is the leading prescription discount and pricing transparency provider, bringing millions of Americans the lowest possible prices for prescription drugs.
The company’s products, including its website and the #1 medical app in the App Store, are completely free and available to all Americans, insured or not.
HOW DOES IT WORK? 
A lot of people don’t realize that drug pricing is not at all fixed. The same prescription can vary in price dramatically from pharmacy to pharmacy. GoodRx‘s propriety market-intelligence technology evaluates available pricing at more than 70,000 pharmacies to bring customers up to 80% savings on their prescriptions. With GoodRx, Americans can finally compare prices and locations to find the best place to fill their prescriptions. We provide all the available pricing information, as well as GoodRx-exclusive coupons, and share all of this directly with the consumer, allowing the patient to make the smartest-possible purchasing decision based on their needs. Here’s a video, showing this in full:

https://www.goodrx.com/how-goodrx-works

HOW MUCH MONEY HAVE PEOPLE SAVED, WITH GOODRX?

Since the company’s launch in 2011, Americans have saved approximately $3 billion using GoodRxservices.

WHAT ARE SOME SPECIAL PROGRAMS, RECENTLY LAUNCHED?
Just last week, GoodRx launched a joint program with Express Scripts called Inside Rx, that provides discounts on brand-name drugs, reducing the cost of more than 40 popular brand-name medications by an average of 34% off the retail price, including some of the most commonly prescribed drugs for diabetes, asthma and other prevalent American conditions. Here’s our announcement:

https://goo.gl/QvK37h

 
Just this week, we added six new drugs to the Inside Rx program. See them here:

https://www.goodrx.com/blog/new-lower-prices-for-more-brand-name-drugs/

On average, the program’s discounts will provide savings of about $1,600 per year. Consumers and patients can visit www.GoodRx.com/brand to easily access the discounts. There are no fees, signups, or obligations required — you simply present the GoodRx discount at a participating pharmacy and save.

ABOUT DOUG HIRSCH:

Doug Hirsch, (co-Founder and co-CEO of GoodRx), is on a mission to lower the cost of prescriptions in America. In 2010, while on private insurance with a high deductible, Doug received an alarmingly expensive prescription from a doctor, and decided to shop around for a lower price. He quickly realized how helpless Americans were, with no one-stop destination for prescription discounts and prices, a resource that could help patients shop smarter for the medications they need. So, in 2011, Doug launched GoodRx with co-founders Trevor Bezdek and Scott Marlette. To-date, GoodRx has saved Americans over $3 billion on their prescriptions.

Earlier in his career, Doug spent 10 years at Yahoo, Inc., where he was among the first 30 employees. He conceived and/or managed the earliest online communities including Yahoo! Mail, GeoCities, Yahoo! Groups, Yahooligans, Yahoo! Personals, Yahoo! Chat, and more. Later, as General Manager of Yahoo! Entertainment, he was responsible for Yahoo! Movies, Yahoo! TV, Yahoo! Entertainment and a joint-venture with Paramount. In 2005, he joined Facebook as Vice President of Product, where he built Facebook Photos and other products. Post-Facebook, Doug founded DailyStrength, the web’s largest community for people facing health and life challenges. DailyStrength was acquired in 2008 by HSW International. Doug is a magna cum laude graduate of Tufts University and currently lives in Santa Monica with his family, where GoodRx is headquartered.

Erin Albert, MBA, PharmD, JD, PAHM
CEO, Pharm, LLC
Post Office Box 335
Fishers, IN 46038 USA