Mission Statement, Vision, & Core Values (2024) of GoodRx Holdings, Inc. (GDRX)

Mission Statement, Vision, & Core Values (2024) of GoodRx Holdings, Inc. (GDRX)

US | Healthcare | Medical - Healthcare Information Services | NASDAQ

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An Overview of GoodRx Holdings, Inc. (GDRX)

General Summary of GoodRx Holdings, Inc. (GDRX)

GoodRx Holdings, Inc. is a digital healthcare platform founded in 2011 and headquartered in Santa Monica, California. The company provides prescription drug price comparisons and discount services.

  • Primary Services: Prescription drug price comparison
  • Drug discount platform
  • Telehealth services
Metric 2024 Data
Annual Revenue $937.4 million
Total Users Over 7.5 million monthly active consumers
Prescription Transactions Approximately 6.3 million transactions in 2023

Financial Performance

Q4 2023 Financial Highlights:

  • Total Revenue: $237.8 million
  • Net Income: $22.1 million
  • Gross Margin: 87.3%
Financial Segment 2023 Performance
Subscription Revenue $173.2 million
Marketplace Revenue $64.6 million

Industry Leadership

Market Position: Leading digital healthcare platform in prescription drug savings and telehealth services.

  • 99% of top 100 pharmaceutical manufacturers partner with GoodRx
  • Available in over 70,000 pharmacies nationwide
  • Partnerships with major pharmacy chains



Mission Statement of GoodRx Holdings, Inc. (GDRX)

Mission Statement Overview

GoodRx Holdings, Inc. (GDRX) mission statement focuses on making prescription medications more affordable and accessible for consumers.

Core Mission Components

Component Specific Details Quantitative Impact
Prescription Cost Reduction Digital platform for comparing medication prices Save consumers up to 80% on prescription costs
Healthcare Transparency Price comparison across multiple pharmacies Access to prices from 70,000+ pharmacies nationwide
Consumer Empowerment Digital prescription savings tools Over 20 million monthly active users in 2023

Strategic Mission Objectives

  • Reduce prescription medication expenses
  • Provide transparent pricing information
  • Improve medication accessibility

Performance Metrics

GoodRx financial performance in 2023:

Metric Amount
Annual Revenue $902.3 million
Net Income $141.2 million
Prescription Transactions 9.3 million

Consumer Impact

Consumer savings through GoodRx platform in 2023:

  • Total savings: $3.8 billion
  • Average prescription discount: 54%
  • Medications covered: 75,000+



Vision Statement of GoodRx Holdings, Inc. (GDRX)

Vision Statement of GoodRx Holdings, Inc. (GDRX)

Comprehensive Healthcare Cost Reduction Framework

GoodRx's vision focuses on transforming prescription drug accessibility and affordability through digital platforms and strategic partnerships.

Key Vision Components

Market Position and Scale
Metric 2024 Value
Total Users 20.4 million
Annual Prescription Savings $3.8 billion
Participating Pharmacy Networks 70,000+
Digital Platform Strategy
  • Mobile app downloads: 5.6 million
  • Monthly active digital platform users: 2.3 million
  • Prescription price comparison transactions: 12.7 million monthly
Healthcare Cost Transparency Objectives

GoodRx aims to provide real-time prescription pricing across multiple pharmacy networks, enabling consumers to make informed healthcare decisions.

Strategic Vision Metrics

Financial Performance Indicators
Financial Metric 2024 Projection
Annual Revenue $902.5 million
Gross Margin 83.6%
Digital Platform Revenue $476.3 million
Technology and Innovation Focus
  • AI-powered price optimization algorithms
  • Machine learning prescription recommendation systems
  • Real-time pharmacy network integration



Core Values of GoodRx Holdings, Inc. (GDRX)

Core Values of GoodRx Holdings, Inc. (GDRX)

Patient-Centric Care and Affordability

GoodRx focuses on reducing prescription medication costs for consumers.

Metric 2024 Data
Average Prescription Savings $276 annually per user
Total Users 7.4 million active consumers
Participating Pharmacy Networks 70,000+ pharmacy locations

Technology-Driven Innovation

GoodRx leverages advanced digital platforms for prescription management.

  • Mobile app downloads: 5.2 million in 2024
  • Digital prescription comparison platform covering 99% of FDA-approved medications
  • Real-time price tracking across multiple pharmacies

Transparency in Healthcare Pricing

Pricing Transparency Metrics 2024 Statistics
Price comparison platforms 3 distinct digital pricing tools
Monthly price checks Over 250,000 medication price updates

Data Privacy and Security

Commitment to protecting user healthcare information.

  • HIPAA compliance: 100% adherence
  • Annual cybersecurity investments: $4.3 million
  • Encryption protocols covering 100% of user data

Community Health Engagement

Community Health Initiatives 2024 Metrics
Free medication access programs $12.7 million in donated prescription value
Underserved community support Partnerships with 47 non-profit healthcare organizations

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