Latest news with #JakeFrenz
Business Wire
17-06-2025
- Business
- Business Wire
SmithRx Recognized by Comparably for Outstanding Leadership and Career Growth Opportunities
SAN FRANCISCO--(BUSINESS WIRE)-- SmithRx, a modern pharmacy benefits manager (PBM) committed to transparency and a universal pass-through model, today announced it has been honored with two prestigious awards from Comparably: Best Leadership Team and Best Company for Career Growth. These recognitions reflect the company's ongoing commitment to building a strong, values-driven culture where employees feel supported, empowered, and inspired to grow. The Comparably awards are based entirely on anonymous feedback from SmithRx employees who shared their experiences on key workplace culture metrics, including leadership effectiveness, professional development opportunities, and overall satisfaction with the company's direction. SmithRx has also achieved an A+ overall Company Culture rating, which places them in the top 5% of companies on Comparably's site. 'We're incredibly proud to receive these honors because they come directly from our team,' said Jake Frenz, CEO and Founder of SmithRx. 'From the beginning, we set out to build not only a company that transforms pharmacy benefits, but also one where people can do the best work of their careers. These awards are a reflection of the outstanding leaders, thinkers, and doers across SmithRx who invest in our mission and foster an environment where great work is possible at every level.' The Best Leadership Team award recognizes companies whose employees rate their executive leadership highly for vision, transparency, and guidance, while the Best Company for Career Growth award celebrates organizations that provide meaningful growth opportunities, mentorship, and career development pathways. SmithRx's recognition by Comparably adds to a growing list of honors that highlight the company's distinctive culture and industry leadership, including most recently the Modern Healthcare Best Places to Work in Healthcare. As SmithRx continues to scale, it remains focused on its mission to reduce pharmacy costs while delivering exceptional service to members and partners. View SmithRx's Comparably page here, and see the winners of Best Career Growth and Best Leadership Team awards. About SmithRx SmithRx is a modern PBM dedicated to reducing the cost and complexity of pharmacy benefits. The company empowers organizations of all sizes to take control of their pharmacy spend with a radically transparent, universal pass-through model, innovative cost-saving programs, and intuitive technology. Unlike legacy PBMs, SmithRx eliminates hidden fees, passes through 100% of rebates and discounts, and provides real-time prescription pricing and detailed savings reports. This gives clients the insights they need to make informed decisions and achieve meaningful savings for both their business and their employees. Experience the difference transparency, trust, and fairness can make in building a more equitable healthcare system. Learn more at
Yahoo
12-05-2025
- Business
- Yahoo
SmithRx Named to Modern Healthcare's Best Places to Work in Healthcare in 2025 List
Modern pharmacy benefits leader has grown headcount by 450% in 3 years SAN FRANCISCO, May 12, 2025--(BUSINESS WIRE)--SmithRx, a modern pharmacy benefits manager (PBM) committed to transparency and a universal pass-through model, has been recognized by Modern Healthcare as one of the 2025 Best Places to Work in Healthcare. The award is based largely on employee feedback from a confidential survey administered by a third-party organization, and measures employee sentiment on key issues including growth opportunities, benefits, company culture, and more. Founded in 2018, SmithRx has intentionally built a mission-driven and collaborative culture that drives employees to do their best work for clients and each other. Each SmithRx team member strongly believes in the company's mission of transforming U.S. healthcare and its transparent, universal pass-through model, which helps significantly lower pharmacy costs for employer clients. Paired with its innovative savings programs, SmithRx's approach to pharmacy benefits drives cost reduction for clients by an average of 30% or more. "The people behind SmithRx have always been our secret sauce, with their contributions supporting our efforts to pioneer a smarter, fairer healthcare system in this country," said Jake Frenz, Founder and CEO of SmithRx. "It is our highest priority to empower our employees as they grow their careers, collaborate on complex problems, and find satisfaction in the work. We're so pleased that our team feels supported at SmithRx." SmithRx has experienced extensive growth since its inception. The company brought its total customer base to over 4,000 clients in 2024, and achieved more than $200M in savings for clients with minimal member disruption. This momentum has required an expanded team as well; SmithRx has grown its headcount by 450% over the past three years. Modern Healthcare's Best Places to Work in Healthcare awards program identifies and recognizes outstanding employers in the healthcare industry nationwide. Modern Healthcare partners with Workforce Research Group on the assessment process, which includes an extensive employee survey. The complete list of this year's winners, in alphabetical order, is available at "Being recognized as a 2025 Best Place to Work in Healthcare is a powerful testament to how these organizations value their people," said Dan Peres, President of Modern Healthcare. "In a time of constant change and challenge, this year's winners have shown a deep commitment to creating environments where employees feel supported, heard, and inspired to do their best work. That kind of culture doesn't happen by accident — it's intentional, and it's worth celebrating." About SmithRx SmithRx is a modern PBM dedicated to reducing the cost and complexity of pharmacy benefits. The company empowers organizations of all sizes to take control of their pharmacy spend with a radically transparent, universal pass-through model, innovative cost-saving programs, and intuitive technology. Unlike legacy PBMs, SmithRx eliminates hidden fees, passes through 100% of rebates and discounts, and provides real-time prescription pricing and detailed savings reports. This gives clients the insights they need to make informed decisions and achieve meaningful savings for both their business and their employees. Experience the difference transparency, trust, and fairness can make in building a more equitable healthcare system. Learn more at About Modern Healthcare Modern Healthcare is the most trusted business news and information brand in the healthcare industry. Modern Healthcare empowers healthcare leaders and influencers to make timely and informed business decisions. To learn more or subscribe, go to View source version on Contacts Media Contact: Claire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
12-05-2025
- Business
- Business Wire
SmithRx Named to Modern Healthcare's Best Places to Work in Healthcare in 2025 List
SAN FRANCISCO--(BUSINESS WIRE)-- SmithRx, a modern pharmacy benefits manager (PBM) committed to transparency and a universal pass-through model, has been recognized by Modern Healthcare as one of the 2025 Best Places to Work in Healthcare. The award is based largely on employee feedback from a confidential survey administered by a third-party organization, and measures employee sentiment on key issues including growth opportunities, benefits, company culture, and more. Founded in 2018, SmithRx has intentionally built a mission-driven and collaborative culture that drives employees to do their best work for clients and each other. Each SmithRx team member strongly believes in the company's mission of transforming U.S. healthcare and its transparent, universal pass-through model, which helps significantly lower pharmacy costs for employer clients. Paired with its innovative savings programs, SmithRx's approach to pharmacy benefits drives cost reduction for clients by an average of 30% or more. 'The people behind SmithRx have always been our secret sauce, with their contributions supporting our efforts to pioneer a smarter, fairer healthcare system in this country,' said Jake Frenz, Founder and CEO of SmithRx. 'It is our highest priority to empower our employees as they grow their careers, collaborate on complex problems, and find satisfaction in the work. We're so pleased that our team feels supported at SmithRx.' SmithRx has experienced extensive growth since its inception. The company brought its total customer base to over 4,000 clients in 2024, and achieved more than $200M in savings for clients with minimal member disruption. This momentum has required an expanded team as well; SmithRx has grown its headcount by 450% over the past three years. Modern Healthcare's Best Places to Work in Healthcare awards program identifies and recognizes outstanding employers in the healthcare industry nationwide. Modern Healthcare partners with Workforce Research Group on the assessment process, which includes an extensive employee survey. The complete list of this year's winners, in alphabetical order, is available at /bestplaceslist. 'Being recognized as a 2025 Best Place to Work in Healthcare is a powerful testament to how these organizations value their people,' said Dan Peres, President of Modern Healthcare. 'In a time of constant change and challenge, this year's winners have shown a deep commitment to creating environments where employees feel supported, heard, and inspired to do their best work. That kind of culture doesn't happen by accident — it's intentional, and it's worth celebrating.' About SmithRx SmithRx is a modern PBM dedicated to reducing the cost and complexity of pharmacy benefits. The company empowers organizations of all sizes to take control of their pharmacy spend with a radically transparent, universal pass-through model, innovative cost-saving programs, and intuitive technology. Unlike legacy PBMs, SmithRx eliminates hidden fees, passes through 100% of rebates and discounts, and provides real-time prescription pricing and detailed savings reports. This gives clients the insights they need to make informed decisions and achieve meaningful savings for both their business and their employees. Experience the difference transparency, trust, and fairness can make in building a more equitable healthcare system. Learn more at About Modern Healthcare
