SmithRx's Mission to Break the Drug Pricing Black Box
SmithRx CEO and co-founder Jake Frenz joins Venrock's Siobhan Nolan Mangini to talk about the company's mission to fix the opaque and broken US drug ecosystem. SmithRx started by tearing down the existing misaligned model of PBMs with a per member model that is incentivized to deliver the lowest possible cost for patients. The two get into how his personal challenges with the US healthcare system and his grit and tenacity as a Marine have informed where SmithRx is today and why it's unrelenting in capitalizing on the tidal wave of enterprises and policymakers who are ready for a better drug solution.