Mark Cuban Price Plus Drug Firm companions with specialty pharmaceutical distributor

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Mark Cuban Price Plus Drug Firm companions with specialty pharmaceutical distributor

Specialty pharmaceutical distributor Morris & Dickson is partnering with Mark Cuban Price Plus Drug Firm (MCCPDC) and the Price Plus Market to make sure entry to very important injectable drugs.

MCCPDC affords customers a broad vary of low-cost prescription and over-the-counter medication from Nationwide Affiliation of Boards of Pharmacy (NABP) accredited suppliers. 

The Price Plus Market provides hospitals, clinics, surgical procedure facilities, college well being networks and pharmacies direct entry to drugs at decrease prices.

The mix of Price Plus Drug’s enterprise mannequin, which is predicated on what the corporate calls “transparency, effectivity and affordability for purchasers,” with Morris & Dickson’s giant distribution community goals to mitigate drug shortages by guaranteeing a gradual provide of uncommon injectable medication, particularly for acute care suppliers. 

The companions tout that also they are working to enhance entry to important treatment at decrease costs for healthcare suppliers of all sizes, present versatile choices with no quantity commitments and streamline the procurement course of through the Price Plus Market platform.

“This partnership reshapes the availability chain for injectable drugs,” Mark Cuban, cofounder of Mark Cuban Price Plus Drug Firm, stated in an announcement.

“Collectively, we aren’t simply filling gaps, we’re making a extra clear, environment friendly and patient-centered system.”

Jody Hatcher, CEO of Morris & Dickson, defined that by partnering with Cuban’s firm, a brand new customary might be set for the way crucial drugs are sourced reliably for sufferers. 

“That is about greater than distribution, it is about remodeling lives and placing pharmacies and sufferers first,” Hatcher stated in an announcement.

THE LARGER TREND

In 2024, eNavvi, a web-based pharmacy based by physicians, teamed with MCCPDC to allow physicians to prescribe drugs straight through eNavvi’s digital prescription pad to greater than 7,000 unbiased pharmacies and nationwide grocery pharmacy chains. 

A yr earlier than, the 2 corporations joined forces to ship prescription-cost transparency that enabled eNavvi’s Market to offer real-time cash-price transparency on to physicians. 

Digital care staffing and companies firm Wheel, psychological well being platform Talkspace and diagnostic companies firm Well being Gorilla introduced a joint partnership with MCCPDC in 2023. 

MCCPDC has additionally partnered with Florida-based PharmcoRx Pharmacy, a well being service group, and tech-enabled Expion Well being to decrease drug costs for customers

By means of the partnership, PharmcoRx grew to become a taking part pharmacy in MCCPDC’s Staff Cuban Card, which permits sufferers at PharmcoRx areas entry to generic and brand-name drugs at MCCPDC costs.

PharmcoRx markets this system to its current prospects and community of native clinics and care practices. By means of the Expion Well being partnership, the tech-enabled firm built-in MCCPDC’s drug costs into its product suite to decrease the price of specialty medication. 

Additionally in 2023, Avanlee Care, an aged care coordination firm, built-in MCCPDC’s choices into its Ava app to offer reasonably priced drugs to caregivers and their family members.

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