Who owns GoodRx?

Asked by: Fredy Ankunding  |  Last update: May 1, 2025
Score: 5/5 (27 votes)

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.

Where does the money for GoodRx come from?

Coupons and Partnerships: GoodRx derives a substantial portion of its revenue from their coupon services. By providing users with coupons that offer discounts on medications, GoodRx encourages consumers to fill their prescriptions at partner pharmacies.

Who acquired GoodRx?

AUSTIN, Texas, Nov. 11, 2022 /PRNewswire/ -- Wheel, the health technology company powering the future of care, today announced it will acquire GoodRx Care's backend virtual care technology, including its clinician-centric EMR, powerful clinical management tools, and flexible patient experience software.

How GoodRx works

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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.

Will Walmart honor 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!

What is the catch to GoodRx?

“Keep in mind you cannot use GoodRx and insurance at the same time,” the company's website says. Using a GoodRx coupon means you're doing a “cash” payment for your medications. (In this context, paying “cash” means you're paying out of pocket — without insurance.)

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.

Who is GoodRx's biggest competitor?

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

What is the GoodRx scandal?

According to the FTC's complaint, GoodRx violated the FTC Act by sharing sensitive personal health information for years with advertising companies and platforms—contrary to its privacy promises—and failed to report these unauthorized disclosures as required by the Health Breach Notification Rule.

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!

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.

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 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.

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.

Where is GoodRx not accepted?

GoodRx Gold is accepted at thousands of pharmacies across the country, including CVS, Rite Aid, Costco, VONS, Publix, and Albertsons. See the full list here. GoodRx Gold is currently not accepted at Rite-Aid, Sam's Club, Walgreens, or Walmart.

Does Walmart take 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.

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.

What is the monthly fee for GoodRx?

GoodRx Gold costs $9.99 per month for individuals and $19.99 per month for families. With this subscription, you gain access to better savings of up to 90 percent. Whether you go with the free GoodRx card or a paid plan, GoodRx can help you save hundreds of dollars per year on your out-of-pocket prescription costs.

Who is GoodRx biggest competitor?

goodrx.com's top 5 competitors in December 2024 are: drugs.com, singlecare.com, pharmacychecker.com, mayoclinic.org, and more.

Does Sam's Club use GoodRx?

Use GoodRx to look up prices and discount coupons at Sams Club Pharmacy and save up to 80% on your prescriptions.

Can I use GoodRx if I have insurance?

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.