- Mednow offers on-demand pharmacy services to Curv Health members seeking additional support
- Curv Health expands the Mednow suite of health services further into diabetes management services
TORONTO–(BUSINESS WIRE)–Mednow Inc. (“Mednow”) (TSXV: MNOW), Canada’s on-demand virtual pharmacy, is pleased to announce a strategic partnership with Curv Health, a digital health company that provides low-cost health services to tens of thousands of employees across Canada. Curv Health and Mednow’s care teams have partnered on an integrated care program for type 1 and type 2 diabetes patients across Canada. The program consists of a 16-week regime of guided physical and nutritional education and activities to engage patients of all levels – as designed by Curv Health’s Certified Diabetes Educators (CDE) with integrated support from the pharmacy care team at Mednow.
Mednow is a pharmacy services provider for Curv Health, offering its members access to caring pharmacist advice, fast, free, often same day delivery of prescriptions and over the counter medication as well as medication reviews, automatic refills in easy PillSmart™ packaging, virtual doctor visits and mental health support.
Curv Health patients will also benefit from Mednow’s recently launched Total Health offering, a nutrition and wellness program that delivers a professional grade vitamins and supplement program, tailored for the individual by an expert nutritionist.
Curv Health will complement and deepen Mednow’s holistic health service offerings with health coaching, physiotherapy, psychotherapy, nutrition, virtual rehabilitation and more.
“We at Mednow love what Curv Health is doing to provide people easy access to health and wellness services and programs that can make a real difference in plan members’ lives,” said Dave Marantz, Chief Revenue Officer at Mednow. “The pharmacy has a huge role to play in any total member wellness program. We’re thrilled with this synergistic partnership that makes Mednow the exclusive pharmacy partner for Curv Health.”
“Curv Health exists to maximize meaningful years lived. Every service we add for employers and their employee members has to serve that mission,” said Shea Balish, Chief Executive Officer Curv Health. “Pharmacy is an important part of any total wellness program and we’re proud to partner with Mednow and connect our members with all the benefits a full service, holistic digital pharmacy service provides.”
The Importance of Employee Wellness
Employee benefits are an important consideration for workforces, particularly those benefits pertaining to care, flexibility and mental health. The Harvard Business review finds that business leaders are showing an increased focus on supporting their employees and the business at large by revising benefit strategies. According to their 2021 study, approximately 83% of adult children have sought new care options for their senior loved-ones during the COVID-19 pandemic, and approximately 41% of employers plan to expand mental health benefits in the upcoming year 1.1
Mednow’s offering of same-day prescription delivery, currently offered in certain major Canadian cities with plans to expand across Canada, along with its technology offerings such as PillSmart™, the Karie pill organizer and virtual and home visit doctor services and its strategic partnerships with providers of mental health assessment tools, provides plan members with increased access to a wide range of services in a digital platform. Mednow believes its robust health service offerings provide plan members with a level of accessibility and efficiency which is not easily replicable with traditional brick and mortar pharmacies.
About Mednow
Mednow (TSXV: MNOW) is a healthcare technology company offering virtual access with a high-standard of care. Designed with accessibility and quality of care in mind, Mednow provides virtual pharmacy and telemedicine services as well as doctor home visits through an interdisciplinary approach to healthcare that is focused on the patient experience. Mednow’s services include free at-home delivery of medications, doctor consultations, a user-friendly interface for easy upload, transfer, and refill of prescriptions, access to healthcare professionals through an intuitive chat experience and the specialized PillSmart™ system that packages prescriptions in easy to use daily dose packs, each labelled with the date and time of the next dose.
Mednow proudly serves Ontario, British Columbia, Nova Scotia and Manitoba with plans to expand to Quebec and Alberta.
To learn more, follow Mednow on Facebook, Twitter, LinkedIn, and Instagram, or visit our website at www.mednow.ca/.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements:
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance, are forward-looking statements and contain forward-looking information, including statements relating to the joint facilitation by Mednow and Curv Health of an integrated care program for type 1 and type 2 diabetes patients across Canada, the expectation that Curv Health will compliment and deepen Mednow’s holistic health service offerings, the benefit that Curv Health patients are expected to receive from Mednow’s Total Health offering nutrition and wellness program and Mednow’s plans to continue expand across Canada, including Quebec.
Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. Forward-looking statements are based on certain material assumptions and analysis made by Mednow and the opinions and estimates of management as of the date of this press release, including that Curv Health will compliment and deepen Mednow’s holistic health service offerings, that Mednow and Curv Health will successfully partner together in facilitating the integrated care program, that Curv Health will successfully integrate its services into Mednow’s offering, that Mednow will obtain all necessary approvals and complete the necessary requirements in order to continue to expand across Canada as expected and that the partnership and business plans of Mednow and Curv Health will not be adversely impacted by COVID-19 or the conflict in Eastern Europe. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Mednow to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the failure of Curv Health to successfully integrate its services into Mednow’s offering, if Curv Health does not compliment and deepen Mednow’s holistic service offerings as anticipated, if Mednow fails to meet the necessary requirements to continue to expand across Canada, Mednow’s failure to access the capital required to pursue the partnership with Curv Health or the continued expansion across Canada, public health crises such as the COVID-19 pandemic may adversely impact the planned integrated care program or Mednow and Curv Health’s partnership generally, political instability, unanticipated costs, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets and other risk factors set out in Mednow’s final long form prospectus dated February 26, 2021 available for review on the Mednow’s profile at www.sedar.com. Although management of Mednow has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Mednow does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
1https://hbr.org/2021/04/the-pandemic-is-changing-employee-benefits
Contacts
Investor Relations:
Benjamin Ferdinand, CFO
ir@mednow.ca
1.855.686.6300
