SmithRx

💡In our recent page poll, 53% of you answered you want specifics when a PBM says they’re using AI. Here’s how to get them. ⬇️ Before you take any PBM’s AI story at face value, ask these questions: • What data is it actually running on? • Was it designed for healthcare specifically? • Is human judgment applied before it reaches my members? SmithRx VP of Engineering Gaston Concilio breaks down what rigorous AI evaluation actually looks like, and what you should be asking for from any PBM making AI claims. Read the blog and grab our free Pharmacy Benefits Partner AI Innovation Checklist:  🔗 Aligned by Design: What Purpose-Built AI Looks Like in Modern Pharmacy Benefits: https://bit.ly/48Ck7NP

🤠 Attending the ParetoHealth Members' Meeting in Nashville next week? Let’s connect! ➡️ Whether you're evaluating your pharmacy benefits or want to see what a modern PBM looks like in action, we're here to help. Request an onsite meeting with our team now: https://bit.ly/41QIBiR Onsite attendees have two opportunities to catch our session and enter to win our Yeti Cooler giveaway:  🎤 Modern PBMs: Reducing the Cost and Complexity of Pharmacy Benefits  👤 Josh Hadfield, SVP, Sales at SmithRx 🗓️ Monday, April 20 | 4:00 – 4:45 PM  🗓️ Tuesday, April 21 | 12:00 – 12:45 PM 🧡 Stop by our booth to chat with our PBM experts and get hands-on with custom engraving for jewelry, leather goods, and more! #ParetoHealth #Pareto #PharmacyBenefits #PBM #ModernPBM #SmithRx

💡 #PBMMath: A 50% discount on a $12 drug costs more than a $5 drug with no discount. When numbers get thrown at you without full context, it's easy to lose track of the one that actually matters to your bottom line: net cost. "AWP discounts" and "rebate guarantees" are interesting data points, but it's the whole package that is meaningful. When you really stop to think about it, if your legacy PBM had nothing to hide and had your best interest in mind, why don't you get 100% transparency, down to the claim-level? Learn more about what drug pricing transparency really looks like (and what to watch for) in our latest blog: 🔗 Drug Pricing Transparency Trends to Watch: https://bit.ly/4cgHvBH

🚙 We're on the road again! Here are the events you'll find us at in the first half of the month: Apr 9–10 | Benefits Assembly Hosted by The Millennium Alliance 📍 Denver, CO 🎤 Keynote: The Benefits Breakthrough: Leading Meaningful Cost Reduction in Pharmacy Benefits 👤 Vidya Drego, SVP, Marketing SmithRx Apr 15–17 | Annual Conference Hosted by The Conference Board 📍 San Diego, CA Apr 15–18 | Member Meeting Hosted by Montana Family Pharmacies 📍 Colorado Springs, CO Apr 19–21 | Members' Meeting Hosted by ParetoHealth 📍 Nashville, TN 🎤 Modern PBM: Reducing the Cost and Complexity of Pharmacy Benefits 👤 Josh Hadfield, SVP, Sales at SmithRx Apr 20-22 | Employee Health and Wellness Fusion West Hosted by ACP Productions 📍 Chicago, IL 🎤 Reducing the Complexity & Cost of Pharmacy Benefits 👤 Jeff Snow, Chief Sales Officer, SmithRx We love meeting you. Hope to see you out there! 🧡 #PharmacyBenefits #EmployeeBenefits #ModernPBM #SmithRx

Transparency is now the law. But a PBM merely complying on paper and a PBM truly innovating and aligning with clients are two very different things. Can you tell them apart? Join SmithRx Chief Strategy Officer Alan Pannier, Pharm D,MBA, and host Alissa Johnson, PharmD, MBA, BCPS, Senior Director, Clinical Strategy, to discuss newly passed (and proposed) legislation and discover modern PBM models that are already one step ahead. 🎙️ PBM Reform Update April '26: Navigating the New, "Mandated" Normal 🗓️ Tuesday, April 28th, 2026 at 9:30 am PT / 12:30 pm ET In this episode, we'll explore: • Why CAA 2026 makes pharmacy benefits oversight your fiduciary responsibility • How direct-to-consumer portals can be a helpful fact-checking mechanism • Which PBM models will thrive in a "no-middleman" benefits future 🎟️ Register here: https://bit.ly/4sivvFD #ModernPBM #PharmacyBenefits #EmployerBenefits #PBM #FullDisclosure #SmithRx

🥤Four years ago, one of the nation's largest beverage distribution companies made a move that some enterprise benefits leaders are historically hesitant to try: they left their legacy PBM. Fast forward to today, and they're ✨still✨ paying less per member per month than they were when they made that switch, even as drug prices across the market continue to rise. What pushed them to act? Every year, their broker's audit uncovered $500K–$1M in rebates their legacy PBM had failed to pass through, and even after recovering that money, their net spend continued to climb. 📉 Big "discounts." 📈 Rising costs. 👀 No visibility into why. Switching to SmithRx meant leaving the discount-based PBM model behind entirely to move to a cost-based approach where 100% of rebates pass through, every eligible claim is routed to the lowest net cost, and the benefits team can actually see what they're paying and why. Four years of results at enterprise scale:  → 30%+ average PMPM savings, every year → Autoimmune drug costs down 65% — while utilization went up 2.5x → Better access and support for members → Still paying less today than they were in 2022 with their legacy PBM 💬 "We are in our fourth year with SmithRx and we are still paying less per member per month than we did in 2022 with our discount-based PBM!" — Head of Total Rewards, National Beverage Distribution Company If you're responsible for Total Rewards or benefit plan design at a large organization, you deserve a partner who is as committed to your members' health as they are to your bottom line. Find out more about what it was like to switch in our latest success story: 🔗 Defying the Trend: National Beverage Distribution Company Lowers PMPM by 30%, 3+ Years Running: https://bit.ly/4bRBJHN #TotalRewards #BenefitsLeaders #PBM #ModernPBM #EnterpriseBenefits #PharmacyBenefits

You can’t open LinkedIn without seeing something about AI. When you hear a pharmacy benefits vendor say they're "using AI," what's your first instinct? 🗳️ Vote below ⬇️ #PharmacyBenefits #AI #BenefitsLeaders #SmithRx

🪪 We're all familiar with our health benefits card, but what do all those codes and numbers actually do? Here's a look at the life of a pharmacy claim: 📩 Think of each claim like a piece of mail. The codes on your insurance card — a pharmacy bin, PCN, group number, and member ID — act as a mailing address, routing your prescription data through a switching company to the right PBM. From there, hundreds of rules run in milliseconds to determine your cost and whether the medication is approved. All that complexity serves a purpose. But those same hand-offs have historically given legacy PBMs cover for spread pricing tactics: charging employers more than what's actually paid to the pharmacy and keeping the difference. 🧡 A modern PBM brings visibility to every step of the process. SmithRx passes through 100% of what moves through the supply chain, no spread, no black box. 🎥 Watch our Chief Strategy Officer Alan Pannier, Pharm D,MBA break it down in this episode of Modern PBM 101: Life of a Claim. ⬇️ #ModernPBM101 #ModernPBM #BenefitsLeaders #PharmacyBenefits #PBM #SmithRx

🌴 We're live at the ParetoHealth Members' Meeting in Ft. Lauderdale! If you're on-site, we'd love to meet you: visit us at the SmithRx Booth (#101) to chat with our PBM experts and get hands-on with custom engraving for jewelry, leather goods, and more. In case you missed our session today with our CEO Jake Frenz, you can still catch our SVP of Sales, Josh Hadfield, at tomorrow’s session! 🎤 Modern PBMs: Reducing the Cost and Complexity of Pharmacy Benefits 🗓️ Tuesday, March 31 | 12:00 – 12:45 PM 🎁 Don't forget to enter to win our Yeti Cooler giveaway while you're there! #ParetoHealth #PharmacyBenefits #ModernPBM #PBM #SmithRx

🎟️ Last chance to register for tomorrow’s Full Disclosure webinar! Join us for a candid breakdown of what's driving the PBM market to a boiling point and what a truly re-engineered approach means for your benefits plan. Whether you're evaluating your current PBM or just trying to stay ahead of what's changing in the market, this conversation is for you. 🎧 The PBM Evolution: Solutions Built for Future-Proofed Benefits 🗓️ Tuesday, March 31st, 2026 at 9:30am PT / 12:30pm ET 👤 Guest presenter: Vidya Drego, VP, Marketing, SmithRx 👤 Guest presenter: Ty Perry, VP, Sales, SmithRx 🎙️ Hosted by: Alissa Johnson, PharmD, MBA, BCPS, Senior Director, Clinical Strategy, SmithRx 🎟️ Register now: https://rebrand.ly/j1m0x3k #ModernPBM #PharmacyBenefits #EmployerBenefits #PBM #FullDisclosure #SmithRx