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100% Pass-Through Pharmacy Benefits

Honest pricing.
Complete pass-through.

Sopris Rx is the pharmacy benefit manager for employers who want to see exactly where every dollar goes — because every dollar comes back to you.

Share of manufacturer rebates returned to the plan
100%

of rebates returned to the plan

Average reduction in net pharmacy spend
18%

average reduction in net Rx spend

Pharmacies in network
65k+

pharmacies in our national network

Hidden fees and spread pricing
$0

in spread pricing or hidden fees

Transparency

Most PBMs make money when your drug costs go up. We don't.

The traditional PBM model is built on the gap between what your plan pays and what the pharmacy actually receives. That gap is their revenue — so they have no reason to shrink it. We removed it entirely.

The traditional PBM

  • Spread pricing

    Bills your plan more than it pays the pharmacy and keeps the difference.

  • Retained rebates

    Keeps an undisclosed share of manufacturer rebates negotiated on your behalf.

  • Fees buried in claims

    Administrative revenue hidden inside per-claim pricing rather than stated outright.

  • Rebate-driven formulary

    Prefers the highest-rebate drug, which is often not the lowest net-cost drug.

  • Summary-level reporting

    Releases aggregated reports that can't be independently reconciled.

The Sopris Rx model

  • True pass-through pricing

    You pay the pharmacy's actual contracted rate. Not a penny more.

  • 100% of rebates, itemized

    Every rebate dollar returns to the plan, matched to the claim that earned it.

  • One flat admin fee

    A single per-employee-per-month fee. That is our entire revenue, stated up front.

  • Lowest-net-cost formulary

    Built on what the plan actually pays after rebates, and reviewed every quarter.

  • Your data, always

    Full claim-level detail, exportable on demand, with audit rights written into the contract.

How it works

Three steps to a plan you can actually audit

  1. We audit your current spend

    Send us twelve months of claims. We re-price every line against our pass-through contract and show you the gap, drug by drug. No cost, no commitment, and you keep the analysis either way.

  2. We build around your population

    Formulary, pharmacy network, and clinical programs get configured to how your members actually fill prescriptions — not to a template designed for someone else's book of business.

  3. You see every dollar, every month

    Claim-level reporting, itemized rebate pass-through, and one flat admin fee on every invoice. Reconcile our numbers against your own whenever you like — that's the point.

Products

Everything a pharmacy benefit needs.
Nothing you can't see.

Pass-Through PBM Plan

Our core offering. The plan pays the pharmacy's actual contracted rate, receives 100% of manufacturer rebates, and pays Sopris Rx a single disclosed administrative fee. Audit rights are written into the contract, not negotiated after the fact.

  • No spread pricing, ever
  • Flat per-employee-per-month fee
  • Contractual audit rights included

Specialty Drug Management

Specialty represents a small share of claims and a large share of spend. We source through competitive specialty channels, run clinical prior authorization, and connect eligible members to manufacturer assistance and copay programs.

  • Competitive specialty sourcing
  • Clinical prior authorization
  • Patient assistance navigation

Mail Order & Retail Network

Members fill where it's convenient. Our national retail network covers more than 65,000 pharmacies, and our home delivery option ships 90-day maintenance supplies with no shipping charge — typically at a lower cost per day of therapy.

  • 65,000+ retail pharmacies
  • 90-day home delivery, free shipping
  • Independent pharmacies included

Clinical & Formulary Management

A pharmacist-led team designs the formulary around lowest net cost, not rebate value. Utilization management, adherence outreach, and therapeutic interchange steer members toward clinically equivalent options that cost the plan less.

  • Quarterly P&T committee review
  • Adherence & gap-in-care outreach
  • Therapeutic interchange programs

Savings estimator

What is spread pricing
costing you?

Move the sliders to see a rough order of magnitude. A real number requires your actual claims file — which we'll analyze at no charge.

Your plan

Enrolled employees, not total lives.

$1,600

Most mid-size employers land between $1,200 and $2,400.

$600$4,000

Estimated impact

Current annual pharmacy spend

$800,000

Estimated annual savings with Sopris Rx

$148,000

Likely range: $96,000 – $200,000

Three-year cumulative savings

$444,000

Get your real number

Illustrative estimate based on a 12–25% reduction in net pharmacy spend observed when moving from spread pricing to a full pass-through contract. This is not a quote, an offer, or a guarantee of results. Actual savings depend on your current contract, formulary, and utilization.

Our story

We built the PBM
we couldn't find

Sopris Rx started with a simple frustration. After years of helping employers manage benefits, our founders kept running into the same wall: nobody could explain where the pharmacy dollars actually went.

Contracts were written to be unauditable. Rebate math lived in a black box. And every renewal brought a new definition of the word "transparent." The industry had made opacity a product feature.

So we built the alternative. One fee, disclosed. Every rebate dollar returned. Every claim visible. Named for Mount Sopris — because the things worth trusting are the ones you can see clearly from a distance.

Prescription medication alongside cash, representing the true cost of pharmacy benefits.

Leadership

Built by people who have sat on your side of the table

Sopris Rx was founded and is run by former healthcare executives and entrepreneurs — leaders who spent their careers inside health plans, pharmacy operations, and employer benefits, and who saw first-hand how much of a plan's pharmacy spend never reaches a pharmacy at all.

Together our team brings more than 30 years of combined experience across clinical pharmacy, plan design, claims adjudication, and building companies from the ground up. We started this one because we were convinced a pharmacy benefit manager could make a fair margin without hiding where the rest of the money goes.

Send us twelve months of claims.
We'll show you the gap.

A no-cost, no-obligation repricing analysis. You keep the results whether or not you ever work with us.

Request your analysis

We'll respond within one business day.

We use your information only to respond to this request. No protected health information should be submitted through this form.