RazorMetrics, a healthcare technology company focused on lowering drug costs that started a short 5 years ago, has shown exponential growth. From 2021 to 2022, the company grew 2x; from 2022 to 2023, RazorMetrics grew 11x. The rapid growth is a reflection of how important saving money on drug costs is around the country for employers, employees, health plans, and their members.
Each year, Fierce Healthcare brings together an expert panel of judges to name those companies that stand above the rest. The judges review hundreds of award nominations,
AUSTIN, Texas, July 12, 2023 /PRNewswire/ — Tom Dorsett, CEO of RazorMetrics wins the prestigious Merit Award for Business Leadership. RazorMetrics is an Austin-based drug cost-reduction platform for health plans, large
RazorMetrics, an Austin-based drug cost reduction platform, has once again won the “Best Places to Work” award from the Austin Business Journal.
The annual award is only given to those companies that demonstrably go above and beyond to develop and reward employees. Companies are only eligible for the award if they are nominated and supported by their employees.
Austin health-tech startup is growing quickly amid rampant tech layoffs. AUSTIN, TX, March 9, 2023 – RazorMetrics, a rapidly growing healthcare technology company focused on
Rigorous, independent audit certifies RazorMetrics has the highest level of data security measures AUSTIN, Texas, July 12, 2022 /PRNewswire/ — RazorMetrics, a SaaS-based drug cost solution platform earned
Austin Business Journal “Best Places to Work” contest names RazorMetrics as a winner AUSTIN, Texas, May 31, 2022 /PRNewswire/ — RazorMetrics, an Austin-based drug cost reduction platform, has
AUSTIN, Texas, April 26, 2022/PRNewswire/ – Castlight Health is the newest member of RazorMetrics’ Partnership Collective, and RazorMetrics is joining Castlight’s Ecosystem of leading digital health companies. Castlight, a connected health navigation company, offers a world-class digital platform with a team of clinical and benefits experts who help members easily connect with the right programs and care at the right time, delivering better health outcomes and helping to maximize returns on healthcare investments.
RazorMetrics, an innovative healthcare technology company, recently conducted a consumer opinion survey asking about drug costs and found some surprising results. Despite the explosion in consumer-oriented drug savings options – mail-order pharmacy, discount cards, etc. – healthcare consumers want their physician to take the lead on lowering drug costs. The survey found that 80% of respondents would prefer their physician be the one to choose a lower-cost drug for their prescription and do so automatically.
The Partnership Collective is comprised of tightly integrated health technology companies with a common goal: drug cost containment and reduction.
Partners in the Collective are benefit management platforms and other types of application providers that count large employers and health plans as clients. RazorMetrics has launched the new initiative to integrate its solution into partners’ technology to seamlessly add drug-cost savings to their existing offerings. Access to the collective will help benefit providers attract new clients and retain current ones by offering a more competitive benefit.
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