Nearly Half of Americans Say They’ve Been Prescribed a Drug They Can’t Afford, New Report Finds
Austin, TEXAS – April 29, 2025 – RazorMetrics, a leading innovator in pharmacy technology solutions, today released its 2025 State of Drug Access report, revealing that nearly 42% of Americans were prescribed a medication they couldn’t afford in the past year. The report, based on a nationally representative survey of U.S. adults, serves as a comprehensive overview of how Americans experience prescription costs, what drives nonadherence, and the barriers to accessing prescriptions. The findings come at a time when inflation, surging demand for GLP-1 medications, and growing frustration with patient-driven apps have made drug affordability a defining issue for most Americans.
RazorMetrics Achieves Surescripts® Clinical Direct Messaging Certification
AUSTIN, Texas, March 25, 2025 /PRNewswire/ — RazorMetrics, a leading innovator in pharmacy cost containment solutions, recently achieved Surescripts® Clinical Direct Messaging certification for its medication change orders. This certification enhances RazorMetrics’ ability to deliver cost-saving medication recommendations directly to prescribers’ electronic health records (EHRs), ensuring timely and secure communication.
RazorMetrics Expands C-Suite to Cover Exponential Growth
Austin health-tech startup continues upward trajectory AUSTIN, Texas, Oct. 3, 2024 /PRNewswire/ — RazorMetrics, a healthcare technology company focused on lowering drug costs continues its exponential growth. In 2022, the company grew 2X and 11X in 2023. This year, the company expanded again, projecting 3x growth. RazorMetrics’ success reflects how important saving money on drug costs is around […]
Consumer Behavior Impacted by High Drugs, Says New Report
RazorMetrics, a healthcare technology company focused on lowering drug costs for health plans and self-funded employers, released their annual State of Drug Access report. The report is based on the findings of a consumer survey conducted through Pollfish, using a random sampling method of 1000 adults (18 years and older).
American Business Awards: Dr. Siva Mohan, CMO of RazorMetrics
AUSTIN, Texas, April 25, 2024 /PRNewswire/ — Dr. Siva Mohan, Co-Founder and Chief Medical Officer of RazorMetrics, an Austin-based drug cost reduction platform, is the Best Entrepreneur – Health Products & Services Status: Silver Stevie Winner from the American Business Awards.
Best in Business Executive Leadership Award goes to Tom Dorsett, RazorMetrics
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 employers, and patients. Once a year, the Merit Awards choose three top Executives who have contributed to the continued growth of the market worldwide. This year, the top honor went to Tom […]
RazorMetrics Expands Executive Team
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 lowering drug spend for self-insured employers and health plans, is expanding its executive team to meet the demand of organizational growth and new, large clients. As budgets tighten around the […]
RazorMetrics Wins Prestigious “Best Places to Work” Award
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 won the “Best Places to Work” award from Austin Business Journal. The award is given to those companies that go above and beyond to develop and reward employees, and the […]
Castlight Health and RazorMetrics Join Forces
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.