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Pharma & Biotech

Mednow launches Mednow Virtual Care

The on-demand virtual pharmacy said Mednow Virtual Care joins other services such as pharmacy services and over the counter products under the Mednow banner to provide seamless care

Mednow Inc (TSX-V:MNOW, OTCQB:MDNWF) has announced the launch of Mednow Virtual Care, a proprietary platform to provide telemedicine services to Mednow clients.

The on-demand virtual pharmacy said Mednow Virtual Care joins other services such as pharmacy services and over-the-counter products under the Mednow banner to provide seamless care. This multimodal approach to healthcare facilitates the patient experience from diagnosis to prescription delivery and adds to its recurring care model.

The expanded offering also provides a larger platform to leverage the recent acquisition of Medvisit, Canada’s longest-standing doctor home visit service, and to leverage future acquisitions.

WATCH: Mednow's integration of doctor at-home visit provider Medvisit 'going great' post-acquisition

“Our approach is to develop an integrated and seamless digital pharmacy and physician platform, and the launch of Mednow Virtual Care is a major milestone in that direction,” CEO Karim Nassar said in a statement.

“We will continue to expand our national pharmacy presence and as we roll out Mednow Virtual Care we will be optimally positioned to service both individuals and institutions,” he added.

The company said Mednow Virtual Care is expected to add a new revenue stream through overhead fees for physician services, in addition to pharmacy and over-the-counter product revenue. By implementing an omni-channel model of patient care, it said it is also well positioned to attract additional institutional accounts that are focused on enhancing service for its beneficiaries and reducing healthcare costs.

Mednow Virtual Care can be accessed online through the following link: Mednow Virtual Care. The Mednow app now offers both pharmacy services and virtual physician consultations, and is available for Apple and Android users, it added.

Mednow is a healthcare technology company offering virtual access with exceptional care. Designed with access and quality care in mind, Mednow.ca provides virtual pharmacy and telemedicine services, as well as doctor home visits, with convenience and through an interdisciplinary approach to healthcare that is focused on the patient experience.

Contact the author at stephen.gunnion@proactiveinvestors.com

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