SmithRx
SmithRx is a transparent, pass-through pharmacy benefit manager for self-insured employers, operating independently of insurers and pharmacies. It charges a flat per-member-per-month administrative fee, passes through 100% of manufacturer rebates and discounts, and evaluates drugs on net cost, with sourcing partnerships such as Mark Cuban Cost Plus Drug Company; offices are in San Francisco, CA, Lehi, UT and Plano, TX.
- Minimum enrolled
- Not published
- Maximum enrolled
- No published maximum
- Availability
- All states
- Last updated
- 2026-09-08
At a glance
- •Pricing model: flat per-member-per-month administrative fee, no spread
- •Rebates: 100% pass-through of rebates and discounts
- •Ownership: privately held, venture-backed (Smith Health, Inc.); founder/CEO Jake Frenz
- •Typical clients: self-insured employers and TPAs, reported 20% lower PMPM than industry benchmark
- •Specialty pharmacy: no owned pharmacy; Cost Plus Drugs sourcing partnership
- •Founded: 2016, HQ: San Francisco, CA
Contact
As published by the vendor on 2026-09-08. Reply to your finder results email if you would rather we make the introduction.
Sources
- SmithRx — homepage / employer PBM · accessed 2026-09-08
- SmithRx — What is a PBM (model description) · accessed 2026-09-08
- SmithRx — LinkedIn company profile · accessed 2026-09-08
- SmithRx — Contact page · accessed 2026-09-08
Data reflects what SmithRx publishes as of 2026-09-08. Availability, minimums and terms change without notice. Verify with the vendor before binding.
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