Austin, TX, October 07, 2025 – RazorMetrics, a leading innovator in pharmacy cost containment technology, today announced that it has received the Pharmacy Benefit Management Institute (PBMI) Excellence Award in the Cost Containment category. The award recognizes organizations that demonstrate outstanding innovation, leadership, and measurable impact in the pharmacy benefit management (PBM) industry.
PBMI honored RazorMetrics for its physician-focused engagement strategies that empower decision-making and reduce unnecessary costs in the PBM space. The award was presented during the PBMI National Conference, which celebrates organizations and individuals advancing quality and cost containment across the pharmacy benefit landscape.
“This award is a powerful recognition of the impact RazorMetrics is having on drug cost containment,” said Tom Dorsett, CEO at RazorMetrics. “Our mission has always been to remove the health barrier created by high drug costs. Our team of physicians, pharmacists, and technologists has set out to apply technology in new ways to streamline prescription cost management and make affordable medications a reality. PBMI’s recognition affirms that goal.”
Founded on the belief that rising drug costs demand smarter approaches, RazorMetrics delivers advanced pharmacy cost containment tools that help PBMs and plan sponsors reduce waste, improve formulary performance, and drive measurable savings while maintaining physician autonomy and member trust. By bridging the gap between prescribers, payers, and patients, RazorMetrics ensures a seamless process that helps cut costs and improves access to needed medications.
“I was honored to accept this award on behalf of RazorMetrics,” said Lee Williams, VP of Health plan sales at RazorMetrics. “Since joining the company, I’ve seen firsthand the progress we’ve made in delivering meaningful cost savings while keeping patients and prescribers at the center of the process. This recognition from PBMI reflects the impact of that work and the dedication of our entire team.”
To learn more about RazorMetrics, visit www.razormetrics.com.
About RazorMetrics
RazorMetrics creates cutting-edge pharmacy cost containment solutions to quickly and easily reduce drug costs. Its proprietary technology automatically initiates cost-saving opportunities through medication switching, deprescription, deduplication, and more–all while adapting to fit clients’ plan, preferences, and formulary. RazorMetrics conveniently plugs into prescriber’s existing workflow, improving healthcare decisions while seamlessly reducing medication costs for members and plan sponsors. Based in Austin, TX, RazorMetrics bring clarity, efficiency, and more value to pharmacy benefits. Learn more at razormetrics.com.
