RazorMetrics

RazorMetrics is a privately held company based in Austin, Texas. The company employs 28 people and generates $2.5 million in annual revenue. RazorMetrics provides a SaaS-based platform designed to reduce drug spending for health plans and self-insured employers. The company's platform offers a physician-first approach that streamlines the process of identifying and implementing cost-effective drug options. It integrates seamlessly within existing electronic health records (EHRs), eliminating the need for additional programs or applications. RazorMetrics' solution optimizes formularies and guides physicians' prescribing behavior, resulting in lower direct drug costs for patients and overall drug spend for health plans and employers. RazorMetrics' platform is compatible with pharmacy benefit managers (PBMs) and works in conjunction with their existing initiatives to enhance results. The platform is scalable and customizable to meet the specific needs and formularies of each client. For more information, visit RazorMetrics' website at razormetrics.com.