$GDRX what people do not realize is that goodrx is not a discount card. They take advantage of 340b pricing and they get a percentage on the transaction. 340b is actually the drug manufacturers drastically discounting meds to help underinsured. The pharmacies, covered entities (typically a medical center) and 3rd party administrators all make a ton of money. The covered entities (medical center) gets reimbursed at full price, the contract pharmacies make more than if they were to submit to insurance, and they are paid by the covered entity at a negotiated rate. That middle man is GoodRX. They make around 15% on the transactions. This is a huge business that is becoming more relevant and probably not changing any time soon.
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