Blog & News

We have a few things to say about prescription savings.
Article

Navigating the 2024 Surge in Medication Costs

As we enter 2024, health plans and employers face a complex and challenging scenario shaped by escalating drug costs. The annual increase in drug prices that hit every January is more than a budgetary concern; it’s a critical issue in healthcare affecting the accessibility and well-being of employees and plan members. RazorMetrics has a solution to help self-funded employers and health plans make a dent in pharmacy budgets.

Read More »
Water to Pharmacy Desert
Article

Getting Water to Pharmacy Deserts

On a recent episode of “What the Health,” journalist Joanne Kenen called out a rising problem: drugstores are closing across the country and creating pharmacy deserts. Local pharmacies have long served as lifelines for rural and low-income areas, acting as accessible healthcare hubs and spots for grocery items. Regrettably, recent developments in the retail pharmacy landscape are raising concerns about the accessibility of essential healthcare services and products in already vulnerable communities.

Read More »
Apple Watch and iphone being used for health monitoring
Article

Equity is the Problem with Low Digital Health Tool Adoption

According to a recent survey of 1,200 healthcare providers by the National Center for Primary Care at the Morehouse School of Medicine, physicians have been slow to adopt digital health technologies such as mobile apps, wearables, and remote patient monitoring. These tools allow providers to better manage acute and chronic conditions and reduce patients’ travel costs and infection risk.

Read More »
RazorMetrics Castlight Logo
Press

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.

Read More »
80% of people surveyed prefer their physician automatically switch them to a lower cost drug.
Press

Navigating High Drug Costs: Study Finds Consumers Want Their Physician to Lead

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.

Read More »
Pfizer drug recall
Article

Could Drug Recalls Be Handled Better? Definitely.

Last week, Pfizer voluntarily recalled three of their hypertension drugs, including Accuretic, due to nitrosamine levels in the medication. Nitrosamine is common and safe in low amounts, but the drug pushed people above the acceptable daily intake limit, which increased the risk of cancer down the road.

Read More »

Sopris Capital Leads $6,000,000 Series A Investment in RazorMetrics

Sopris Capital, a leading healthcare investment firm, is entering the drug cost transparency space with a new partnership with RazorMetrics, a rapidly growing healthcare technology company focused on lowering pharmacy costs for at-risk employers and health plans. The Series A investment of $6,000,000 was led by Sopris and other individual investors including long-term entrepreneurs Joel Trammell and Jonathan Weiner.

Read More »

Ready to Get Started?

We're Here

To Help You Save

And, we are waiting…
Contact us, and we will be more than happy to answer all of your questions.