- 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
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
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version on businesswire.com: https://www.businesswire.com/news/home/20220527005091/en/
Investor Relations: Benjamin
Ferdinand, CFO ir@mednow.ca 1.855.686.6300
Mednow (TSXV:MNOW)
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