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InvestorNewsBreaks – TRxADE Health Inc. (NASDAQ: MEDS) Subsidiary Signs New Telemedicine Services Agreement
December 6, 2022

InvestorNewsBreaks – TRxADE Health Inc. (NASDAQ: MEDS) Subsidiary Signs New Telemedicine Services Agreement

TRxADE Health (NASDAQ: MEDS), an integrated drug-procurement, delivery and healthcare platform, announced that Bonum Health, its digital healthcare business subsidiary, has signed a preferred telemedicine services agreement with an independent group purchasing organization. The agreement outlines significant discounts for group members to access Bonum Health’s service platform of more than 100 pharmacies in the northeastern part of the United States. “We have seen an increase in interest among the independent pharmacy community who are looking to diversify their service offerings to patients by providing affordable access to telehealth solutions for the growing uninsured and underinsured patient population,” said TRxADE Health chief clinical and compliance officer Dr. Shafaat Pirani, PharmD, BCGP, in the press release. “In most states, pharmacists are not recognized as providers with prescriptive authority, and must therefore submit medication recommendations to the prescriber, which often leads to delays in therapy which may lead to adverse outcomes for patients. The ability to connect a patient with a telemedicine provider using our mobile application, for a simple medication refill or to prescribe an acute course of antibiotics or steroids for an infection, is the type of convenience we believe patients are seeking in today’s digital environment.”

To view the full press release, visit https://ibn.fm/Y1KLq

About TRxADE Health Inc

TRxADE Health is a health services IT company focused on digitalizing the retail pharmacy experience by optimizing drug procurement, the prescription journey and patient engagement in the United States. The company operates the TRxADE drug procurement marketplace serving more than 14,000 members nationwide, fostering price transparency and, under the Bonum Health brand, offering patient-centric telehealth services. For more information about the company, please visit www.Trxade.com and www.BonumHealth.com.

NOTE TO INVESTORS: The latest news and updates relating to MEDS are available in the company’s newsroom at http://ibn.fm/MEDS

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