RazorMetrics

RazorMetrics

Hospitals and Health Care

Austin, Texas 1,527 followers

Take control of spiraling health plan budgets by increasing transparency in drug costs at the source: Prescribers.

About us

RazorMetrics is an innovative, SaaS-based platform that lowers drug spend for health plans and self-insured employers. We use a unique, physician-first approach process that is simple, with no extra clicks in the EHR, and no external program or app to access. The switches are straightforward, easy to make, and the entire process stays within the normal clinical workflow. The platform is PBM compatible because it helps physicians take advantage of the PBM’s hard work by giving them the best, lowest cost options for their patients. Our unique process optimizes the formulary, effectively creating guardrails to guide physicians’ prescribing behavior and lower direct drug costs for patients and overall drug spend for health plans and employers. The platform is complementary to existing pharmacy initiatives and works with PBMs to optimize results. The platform is fully scalable and customizable to each client’s unique variables and formularies.

Website
http://www.razormetrics.com
Industry
Hospitals and Health Care
Company size
2-10 employees
Headquarters
Austin, Texas
Type
Privately Held
Founded
2018
Specialties
drugsavings, pharmacysavings, drugspend, and drugpricereduction

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Employees at RazorMetrics

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Funding

RazorMetrics 2 total rounds

Last Round

Series unknown

US$ 3.0M

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