Who is GoodRx owned by?

Asked by: Brown Casper  |  Last update: October 9, 2025
Score: 4.6/5 (46 votes)

Hirsch co-founded Santa Monica, California-based GoodRx to help provide Americans with affordable access to prescription medications. Private equity firms Francisco Partners and Spectrum Equity acquired a majority stake in GoodRx in 2015 before a third PE firm, Silver Lake, made a minority investment in 2018.

What company runs GoodRx?

GoodRx Holdings, Inc.

Why do pharmacies not like GoodRx?

Because this is known scam for drug abusers to get controlled substances at a lower price and sell them later on. More importantly goodrx in general is a scam. They take an estimated cost and simply mark it down. They pocket a part of switch fees that pharmacy pays. So overall on many drugs the pharmacy takes a hit.

Who pays when you use GoodRx?

When you use GoodRx to pay for a prescription, you are choosing to pay without insurance. But you can ask your insurer to reimburse you or to apply your purchase against your deductible. Here's how to apply a payment made with a GoodRx coupon to your insurance deductible.

Why is GoodRx being investigated?

The FTC's complaint details GoodRx's pervasive sharing of user data with third parties, including vendors and social media companies. We learn in the complaint that GoodRx, like many healthcare organizations, used Meta's Pixel software to track its users.

How GoodRx works

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What's the catch in using GoodRx?

Keep in mind that you cannot use GoodRx and insurance at the same time. However, you can use GoodRx instead of insurance or government-funded programs, such as Medicare or Medicaid, to pay for your prescription medications. GoodRx is not insurance.

Who stopped accepting GoodRx?

But throughout much of 2022, GoodRx was embroiled in a dispute with Kroger. The dispute became public in the spring of that year when Kroger suddenly stopped accepting GoodRx discounts.

Is Walmart no longer accepting GoodRx?

GoodRx discounts are still accepted at Walmart and Sam's Club. If you have issues using a GoodRx discount at a Walmart or Sam's Club, please have the pharmacist call 1-866-921-7286.

Can a pharmacy refuse to use GoodRx?

Are pharmacies required to accept GoodRx coupons? Participating pharmacies are required to accept GoodRx through contracts with their pharmacy benefit managers (PBMs). An exception is for controlled medications. Accepting a GoodRx coupon for a controlled medication is always at the discretion of the pharmacist.

Why can't you use GoodRx with Medicare?

However, GoodRx cannot be combined with your insurance or any federal or state-funded program such as Medicare or Medicaid. GoodRx is not insurance. If you choose to use a GoodRx coupon or your GoodRx Gold membership, it's important to ask the pharmacist not to run your prescription through your insurance or Medicare.

What is the disadvantage of GoodRx?

Predictability. GoodRx's prices “fluctuate frequently — daily, weekly or monthly” the company's website says. So it might be hard to predict what you'll pay and where you'll have to go for your medications from month to month.

Did CVS stop taking GoodRx?

GoodRx is accepted at more than 70,000 pharmacies nationwide — including major chains like CVS, Rite Aid, Costco, VONS, and Albertsons!

What is the lawsuit against GoodRx?

Shortly after the FTC settlement was announced, a class action lawsuit was filed in the U.S. District Court of the Northern District of California against GoodRx that made similar allegations to the FTC – that personal information was disclosed to third parties without users' knowledge or consent, when they had been ...

Who is cheaper than GoodRx?

Bottom Line. SingleCare and GoodRx make prescription drug prices more affordable for consumers. Both companies have identical aims, but SingleCare generally offers lower pricing and free delivery.

Why is GoodRx tanking?

GoodRx, a pharmacy discount app, is facing numerous challenges including shrinking business, trouble with customers and the FTC, and the departure of its founders. The company's pivot to direct relationships with retail pharmacies may not be successful, and its subscription plan is shrinking.

Why not to use GoodRx?

But earlier this year, GoodRx was penalized by the Federal Trade Commission, or FTC, for disclosing patients' personal health information without their consent. And using GoodRx's discounts isn't always easy or predictable.

Does Amazon Pharmacy take GoodRx?

You can add GoodRx to Amazon Pharmacy. Add your GoodRx numbers as an insurance policy, and it will bring your costs down even lower.

Is Walgreens not accepting GoodRx?

GoodRx is accepted at virtually every one of the 70,000+ retail pharmacies in the United States, Puerto Rico, and the U.S. Virgin Islands — including major chains like CVS, Walgreens, Kroger, Rite Aid, Costco, Walmart and many more!

Why is GoodRx dropping?

Summary. Downgrading GoodRx to a sell rating on recent decline fundamentals. GoodRx's revenue growth is decelerating, with significant reliance on retail partnerships and cyclical transactional revenue, making it a risky investment.

Who is GoodRx biggest competitor?

  • The top GoodRx competitors are.
  • Blink Health.
  • SingleCare.
  • RxSaver.
  • WellRx.
  • Optum Perks.
  • Express Scripts.
  • MedImpact.

Do pharmacists actually accept GoodRx?

Participating pharmacies are required to accept GoodRx through contracts with their pharmacy benefit managers (PBMs). An exception is for controlled medications. Accepting a GoodRx coupon for a controlled medication is always at the discretion of the pharmacist.

Why did Kroger stop using GoodRx?

Historically, GoodRx got paid when customers used a PBM coupon to pay pharmacies in cash rather than through insurance, an approach that was at the crux of the grocer's decision to stop working with GoodRx.

Does CVS not accept GoodRx?

GoodRx partners with PBMs to negotiate discounts on medications, and Walgreens reportedly decided to end these agreements because the terms were no longer favorable for them. This is why pharmacies like CVS and Rite Aid, which have different agreements with PBMs, continue to accept GoodRx coupons.

How do I get rid of GoodRx?

How do I cancel my Gold membership?
  1. Log in to the GoodRx Mobile App and tap the Account tab.
  2. Next, click Manage.
  3. Click Cancel my GoodRx Gold membership.
  4. Confirm that you want to cancel your Gold membership by clicking Continue cancellation.