Buzz Health
Buzz Health is a private healthcare technology company that unifies BuzzRx, RxCompare, and RxAffect into a prescription technology platform serving pharmacies, health plans, PBMs, self-funded employers, and veterinary e-prescribing partners via enterprise licensing and transaction-based discount-card routing.
- Company typePrivate
- Founded2026
- HeadquartersFort Walton Beach, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Buzz Health does
Buzz Health is a privately held healthcare technology company founded in January 2026 by CEO Matthew Herfield and headquartered in Fort Walton Beach, Florida. The company operates as the parent brand unifying three prescription technology platforms — BuzzRx (a consumer-facing prescription discount card with $2.5 billion+ in documented consumer savings), RxCompare (a pricing marketplace with SmartBIN automated routing across a multi-card network), and RxAffect — into a single offering for enterprise healthcare buyers.
Underlying infrastructure includes a Platform API Suite, Data Suite, Discount-Card Web Platform, Adjudication Platform, and the RxCompare Marketplace, with dynamic pricing APIs that surface cash prices, copay coupons, and discount options at the point of prescribing and fulfillment. Six of these platforms carry HITRUST i1 Certification, layered on HITRUST e1, SOC 2 Type 2, and HIPAA compliance, positioning the stack for enterprise and PBM procurement standards.
The company monetizes through enterprise/B2B licensing (subscription/recurring) and transaction fees routed through the SmartBIN multi-card network. Go-to-market is enterprise field sales targeting pharmacies, health plans, PBMs, self-funded employer groups, and OEM partners; recent distribution integrations include RxUtility (pharmacy/provider infrastructure) and VetHubRx (veterinary e-prescribing), the latter marking entry into a new vertical where only 4-5% of U.S. pets are insured.
Buzz Health firmographics
Firmographics- Name
- Buzz Health
- Website
- https://buzzhealth.com
- Company type
- Private
- Founded year
- 2026
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Buzz Health is a private healthcare technology company that unifies BuzzRx, RxCompare, and RxAffect into a prescription technology platform serving pharmacies, health plans, PBMs, self-funded employers, and veterinary e-prescribing partners via enterprise licensing and transaction-based discount-card routing.
- Ownership category
- akta.pro rank
Buzz Health industry classification
Industry- Product category
- Prescription Technology Platforms
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Pharmacies and Drug Retailers (45611)
- SIC
- Services-Health Services (8000), Hospital & Medical Service Plans (6324)
- akta.pro primary industry
- Telepharmacy & Prescription Fulfillment Marketplaces (HLALALAF)
- akta.pro secondary industries
- Health, Wellness & Pharmacy Marketplaces (CRAFABAF), Specialty Pharmacy & Complex Therapy Management Platforms (HLACAKAG), Medication Adherence, Digital Therapeutics & Remote Coaching (condition-specific programs) (HLALAFAF)
Keywords
Where Buzz Health is headquartered
LocationHeadquarters
- HQ city
- Fort Walton Beach
- HQ country
- United States
- HQ region
- North America
Markets served
Buzz Health business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Enterprise/B2B Licensing: Buzz Health generates revenue by providing its prescription technology platforms (BuzzRx, RxCompare, RxAffect) to pharmacies, health plans, pharmacy benefit managers (PBMs), and enterprise partners. The company charges for access to its integrated prescription technology solutions including pricing infrastructure, adjudication, and reporting capabilities.
- Discount Network Transaction Fees: Buzz Health earns fees by routing prescriptions through its multi-card discount network, capturing transaction value when prescriptions are filled at discounted prices through its SmartBIN technology.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Buzz Health product offering
Product offeringCore offering
Buzz Health provides prescription technology infrastructure that connects pharmacies, health plans, PBMs, and enterprise partners through three unified platforms: BuzzRx (consumer prescription discount cards), RxCompare (real-time pricing marketplace with SmartBIN automated routing across a multi-card discount network), and RxAffect (pharmacy and healthcare system integration). Offerings include APIs, a marketplace web platform, a discount-card web platform, an adjudication platform, and a data suite for enterprise reporting on prescription discount program performance.
Product overview
Buzz Health is a healthcare technology company operating as a unified platform offering prescription technology solutions. The company serves as the parent brand for three core prescription technology platforms: BuzzRx (prescription discount card), RxCompare (pricing marketplace with SmartBIN technology), and RxAffect. The integrated platform provides solutions for pharmacies, health plans, pharmacy benefit managers (PBMs), and enterprise partners, addressing prescription savings, real-time claims adjudication, and marketplace operations. Core infrastructure includes the Platform API Suite, Data Suite, Discount-Card Web Platform, Adjudication Platform, and RxCompare Marketplace Web Platform, all certified under HITRUST i1.
Differentiator
Problem solved
Functional benefit
Brands
- BuzzRx: Prescription discount card platform with proven impact of more than $2.5 billion saved by consumers nationwide.
- RxCompare
- RxAffect
Products and services
- BuzzRx Prescription discount card platform that has saved consumers more than $2.5 billion nationwide, providing discount pricing across a network of pharmacies.
- RxCompare Prescription pricing marketplace and comparison platform enabling real-time prescription discount pricing, dynamic pricing APIs, and SmartBIN technology for routing prescriptions to the lowest available discount price.
- RxAffect Prescription technology platform for pharmacy and healthcare system integration, focused on prescription savings and pharmacy operations within the Buzz Health unified offering.
- Enterprise Client Reporting Package Reporting package giving pharmacy clients daily visibility into prescription discount program performance metrics.
Quantifiable outcome
- 37 percentage point drop in prescription fill rates between $15 and $35 out-of-pocket cost threshold
- +4 more outcomes
Companies that use Buzz Health
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles3 records
Buzz Health technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature7 records
Buzz Health partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- VetHubRxcoreStrategic partnership to integrate real-time prescription discount pricing into VetHubRx's veterinary e-prescribing workflow. The integration uses Buzz Health's RxCompare pricing infrastructure and SmartBIN technology to automatically route prescriptions to the lowest available discount price across a multi-card network. This marks Buzz Health's first entry into the veterinary e-prescribing space, addressing a market where only 4-5% of U.S. pets are insured and most prescriptions are paid out-of-pocket.
- RxUtilitycorePartnership to integrate medication pricing transparency tools into pharmacy, provider, and healthcare systems. The integration combines RxCompare's discount card network and dynamic pricing APIs with RxUtility's infrastructure, enabling real-time visibility into cash prices, copay coupons, and other discount options at the point of prescribing and fulfillment.
Scale indicators11 records
Recent moves7 records
Expansion highlights5 records
Buzz Health competitors and assessment
Company assessmentDirect peers
- SingleCare: SingleCare operates a prescription discount card and price-comparison platform targeting uninsured and under-insured consumers. It competes head-to-head with BuzzRx in the discount-card network and pharmacy-channel savings space.
- RxSaver: RxSaver (by RetailMeNot) is a prescription discount and comparison platform that competes directly with BuzzRx for consumer prescription savings and pharmacy-network discount traffic.
- GoodRx: GoodRx is the dominant consumer prescription discount platform in the U.S., offering free drug price comparison and discount cards accepted at pharmacies nationwide. It directly competes with BuzzRx and RxCompare in prescription savings, with overlapping consumer and pharmacy-channel dynamics.
Others
- Surescripts: Surescripts operates the dominant U.S. health information network for e-prescribing and clinical messaging, sitting upstream of Buzz Health's EMR/EHR and e-prescribing integrations. It is comparable as adjacent healthcare infrastructure rather than a direct marketplace competitor.
Broad incumbents
- Amazon Pharmacy: Amazon Pharmacy is a broad consumer-facing prescription fulfillment and savings service leveraging Prime logistics. It overlaps with Buzz Health's affordability mission and competes for prescription volume, though with far greater scale and infrastructure.
- OptumRx: OptumRx is one of the largest U.S. PBMs, providing prescription benefit management and mail-order pharmacy to health plans and employers. It represents the broad incumbent PBM model that Buzz Health's enterprise tools serve as an alternative or complementary layer.
- Express Scripts: Express Scripts (Cigna) is a top-three U.S. PBM providing prescription benefit administration and home delivery pharmacy. It is comparable as a dominant incumbent in the prescription value chain that Buzz Health's pricing and adjudication technology serves or competes against.
- CVS Caremark: CVS Caremark is a major PBM and integrated retail pharmacy chain serving health plans and employers. Comparable as a broad incumbent across both PBM and retail pharmacy channels that Buzz Health's infrastructure integrates with or competes against.
Emerging players
- Capital Rx: Capital Rx is a technology-driven PBM offering a transparent pharmacy benefit platform with claims adjudication infrastructure. It overlaps with Buzz Health's RxCompare and Adjudication Platform in PBM-adjacent technology serving health plans and self-funded employers.
- Cost Plus Drugs (Mark Cuban Cost Plus Drug Company): Cost Plus Drugs offers transparent cash-price prescription fulfillment with a cost-plus pricing model, competing with Buzz Health in prescription affordability and price transparency, though primarily through mail-order pharmacy rather than discount-card networks.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Buzz Health social profiles
Digital presenceBuzz Health compliance and trust
Trust signalCompliance4 records
Buzz Health financial estimates
Financial estimateRevenue estimate
Valuation estimate
Buzz Health leadership team
Management profileNumber of profiles
Profiles2 records
Buzz Health subsidiaries and ownership
Company hierarchySubsidiaries3 records
Buzz Health funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Buzz Health M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Buzz Health
What does Buzz Health do?
Buzz Health provides prescription technology infrastructure that connects pharmacies, health plans, PBMs, and enterprise partners through three unified platforms: BuzzRx (consumer prescription discount cards), RxCompare (real-time pricing marketplace with SmartBIN automated routing across a multi-card discount network), and RxAffect (pharmacy and healthcare system integration). Offerings include APIs, a marketplace web platform, a discount-card web platform, an adjudication platform, and a data suite for enterprise reporting on prescription discount program performance.
Is Buzz Health a public or private company?
Buzz Health is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Buzz Health founded?
Buzz Health was founded in 2026. It employs 11 to 50 people.
Where is Buzz Health based?
Buzz Health is headquartered in Fort Walton Beach, United States, in the North America region.
How does Buzz Health make money?
Two revenue lines are on record. Enterprise/B2B Licensing is the primary driver. The others are discount Network Transaction Fees.
Who are Buzz Health's main competitors?
Direct peers on record are SingleCare, RxSaver and GoodRx. Surescripts is listed as an others. Broad incumbents are Amazon Pharmacy, OptumRx, Express Scripts and CVS Caremark. Emerging players are Capital Rx and Cost Plus Drugs (Mark Cuban Cost Plus Drug Company).
Does Buzz Health have an API?
No public API is recorded for Buzz Health.
What industry is Buzz Health in?
Buzz Health's product category is Prescription Technology Platforms. Its primary akta.pro industry code is HLALALAF, Telepharmacy & Prescription Fulfillment Marketplaces, with a secondary code of CRAFABAF, Health, Wellness & Pharmacy Marketplaces. Its NAICS code is 524292 and its SIC code is 8000.