MedAvail Signs Four SpotRx Locations With Cano Health in California
24 November 2021 - 12:00AM
Business Wire
Innovative self-serve pharmacy kiosks to be
embedded in four clinics
MedAvail Holdings, Inc. (Nasdaq: MDVL) (“MedAvail”), a
technology-enabled retail pharmacy company, has signed an initial
four clinics with Cano Health in California.
In-clinic SpotRx kiosks and courier home delivery will be
available to patients at four Cano Health clinic locations in the
greater Los Angeles area. SpotRx Pharmacy is the retail pharmacy
brand owned and operated by MedAvail in the United States, which
deploys and operates the MedAvail MedCenters.
“We are thrilled to continue our collaboration with Cano Health,
supporting them with their expansion into California,” said Ed
Kilroy, Chief Executive Officer of MedAvail. “We will be leveraging
our current pharmacy infrastructure already deployed in California
to service these Cano clinics.”
MedAvail’s SpotRx Pharmacy business is primarily focused on the
Medicare (65+ year old) market and the medical clinics where they
receive care. The SpotRx MedCenter allows patients to virtually
consult with a pharmacist and fill their medications within
clinics, eliminating the need to visit a pharmacy. SpotRx also
provides patients the option to have their medications delivered to
their homes free of charge.
“Our partnership with SpotRx will enable us to provide a high
touch pharmacy experience to our patients while also providing
convenient on-site access to over-the-counter and prescription
medications,” said Dr. Richard Aguilar, Chief Clinical Officer of
Cano Health. “We want to ensure that our patients receive high
quality, affordable care and medication adherence plays an
important role in population health management.”
About Cano Health
Cano Health operates value-based primary care medical centers
and supports affiliated medical practices that specialize in
primary care for seniors in Florida, Texas, Nevada, New York, New
Jersey, New Mexico, California, Illinois, and Puerto Rico, with
additional markets in development. As part of its care coordination
strategy, Cano Health provides sophisticated, high-touch population
health management programs including telehealth, prescription home
delivery, wellness programs, transition of care, and high-risk and
complex care management.
Cano Health’s personalized patient care and proactive approach
to wellness and preventive care sets it apart from competitors.
Cano Health has consistently improved clinical outcomes while
reducing costs, affording patients the opportunity to lead longer
and healthier lives. Cano Health serves a predominantly minority
population (80% of its patients are Latino or African American) and
low-income population (50% of its members are dual eligible for
Medicare and Medicaid). For more information visit
www.canohealth.com or www.canohealth.com/investors/.
About SpotRx
SpotRx places control of the pharmacy experience back in the
hands of consumers. SpotRx is a telehealth platform that delivers
remote pharmacist consultations through an on-site dispensing
kiosk, supplemented with home delivery capability.
About MedAvail
MedAvail Holdings, Inc. (NASDAQ: MDVL) is a technology-enabled
pharmacy organization, providing turnkey in-clinic pharmacy
services through its proprietary robotic dispensing platform, the
MedAvail MedCenter, and home delivery operations, to Medicare
clinics. MedAvail helps patients to optimize drug adherence,
resulting in better health outcomes. Learn more at
www.medavail.com.
SOURCE MedAvail Holdings Inc.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211123005608/en/
Investor Relations Caroline Paul Gilmartin Group
ir@medavail.com
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