# SmithRx

> SmithRx is an independent pharmacy benefit manager for self-insured US employers. It charges an administrative fee, passes through pharmacy discounts and rebates, and uses its Drug Pathways Engine, clinical programs, and member tools to find clinically appropriate lower-cost prescriptions.

- **Founded:** 2016
- **Headquarters:** San Francisco, United States
- **Founders:** Jake Frenz (Founder and CEO)
- **Products:** Pass-through pharmacy benefit management, Drug Pathways Engine, Drug Pathways, Find My Meds, SmithRx Mobile App
- **Notable:** Reported more than 1,100 employer clients by the 2022 Series B announcement., Reported 3,500 employer clients and nearly $200 million in drug-cost savings in 2024., Reported average Q3 2025 savings of $37.61 per member per month across its defined manageable therapeutic areas, a 28% reduction; this is company-reported data, not a market-wide benchmark.

## Products & services

- **Pass-through pharmacy benefit management** — Claims administration, pharmacy network, formulary and clinical management for self-insured employers, with rebates and discounts passed through and an administrative fee disclosed.
- **Drug Pathways Engine** — Identifies lower-net-cost clinically appropriate drug and sourcing options, including generics, biosimilars, specialty programs and pharmacies.
- **Drug Pathways** — Current umbrella name for savings and access programs previously called Connect 360.
- **Find My Meds** — Member search tool for coverage and pharmacy price comparison.
- **SmithRx Mobile App** — Digital member ID, prescription history, plan information and Find My Meds access.

## Achievements

- Reported more than 1,100 employer clients by the 2022 Series B announcement.
- Reported 3,500 employer clients and nearly $200 million in drug-cost savings in 2024.
- Reported average Q3 2025 savings of $37.61 per member per month across its defined manageable therapeutic areas, a 28% reduction; this is company-reported data, not a market-wide benchmark.
- Keystone Cooperative case study reported more than 40% average per-member-per-month savings from Q1 2024 through Q3 2025.
- UnitedAg case study reported 99% continuity of care in its transition for 55,000 members.

## Latest updates

- **2026-08** — Launched the SmithRx Mobile App and refreshed Find My Meds search and price explanations.
- **2026-06** — Retired Connect 360 as a program name and consolidated the savings suite under Drug Pathways.
- **2026-06** — Published a discussion of benefit navigation with Transcarent.
- **2026-03** — Published a national beverage distributor case reporting more than 35% per-member-per-month savings over three years.
- **2026-01** — Published UnitedAg's 55,000-member pharmacy benefit transition case study.

## Links

- Website: https://smithrx.com/
- LinkedIn: https://www.linkedin.com/company/smithrx/
- Twitter/X: https://twitter.com/SmithRx_PBM
- Facebook: https://facebook.com/Smithrx.pbm

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Profile page: https://yespress.io/smithrx
Published by YesPress — https://yespress.io
Last updated: 2026-09-28