SmithRx

We are a PBM (pharmacy benefit manager), but different. Your next-generation pharmacy benefit partner.

Founded 2016
51-200 employees
  • Health Care Technology & Nursing
  • Insurance
  • Headquarters address
    300 Brannan St, San Francisco, CA

    Based in San Francisco, SmithRx was founded in 2016 to create a modern pharmacy benefit management (PBM) platform. PBMs administer and manage pharmacy benefits for companies and health plans to achieve cost savings and ensure patients have a seamless experience when purchasing prescription drugs. PBMs serve as the system of record for who is covered for what drugs at what price and handle the back end services that make it possible for everyday Americans to fill their prescriptions at the pharmacy of their choice.

    Over the past few decades, traditional PBMs have grown to become very powerful middlemen and exceedingly profitable entities as companies and patients have borne the burden of exploding prescription drug prices in America. This has drawn the attention of the federal and state governments, who are putting the traditional PBM business model under a microscope and are pushing for changes. Enter SmithRx - we apply fresh, efficient, user-friendly technology and an aligned business model for our customers and patients so that they may receive the best pricing and service.

    Each year, nearly half a trillion dollars flow through pharmacy benefit managers, with three large companies controlling 75%+ market share. SmithRx, as the only startup PBM in Silicon Valley, is offering a new path forward.

    SmithRx brings together experience from healthcare companies including Anthem, Athena Health, and Collective Health as well as a broader set of technology leaders including LinkedIn, Facebook, Zynga, and Glassdoor, to solve what we believe is one of the largest problems in U.S. healthcare.

    Who We Are

    SmithRx team members, at our core, are two things: mission-driven and collaborative. We all believe that the U.S. healthcare system is in need of fixing and we come to work each day dedicated to making this change a reality. We are collaborative and believe we will only accomplish our lofty company goals if we work as one cohesive team.

    In our work here, we consistently point to our three company values to help guide us with tricky situations we may face:

    Integrity. Do the right thing. Especially when it’s hard.
    Courage. Embrace the challenge.
    Together. Build bridges and lift up your colleagues.

    Tech stack

    nodejs, react, redux, postgres, docker, rancher, AWS, CI, CD

    Benefits

    Compensation and retirement

    Stock Options
    401k
    401k matching
    Cell phone reimbursement
    Commuter assistance plans

    Health and wellness

    Health insurance
    Dental insurance
    Vision insurance
    Life insurance
    Disability insurance
    FSA (Flexible Spending Plan)
    Child or elder care stipend
    EAP (Employee Assistance Program)

    Vacation and time off

    Paid time off
    Unlimited time off
    Paid holidays
    Maternity benefits
    Paternity benefits

    Personal development

    Conferences reimbursement

    Values and quality of life

    Accessible via public transportation
    Bike parking
    Snacks and beverages
    Catered breakfasts
    Catered lunches
    Company activities
    Pet-friendly workplace
    SmithRx - Company Photo
    SmithRx - Company Photo
    SmithRx - Company Photo
    SmithRx - Company Photo
    SmithRx - Company Photo
    SmithRx - Company Photo
    SmithRx - Company Photo
    SmithRx - Company Photo