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Pharmacy discount card company and e-commerce specialist team up on new Rx-med procedures channel
InSourceRx, a pharmacy discount card company, and MDsave, a healthcare e-commerce technology company, have formed a partnership that merges cash savings for medications with those for procedures and screenings throughout the US. This comes at a time when cash and out-of-pocket purchasing for medications and procedures is becoming more prevalent beyond the uninsured and underinsured, connected to the rise in high-deductible health plans.
The pharma discount card company partners with nonprofits, benefit consultants, third-party administrators and other business entities in agreements that pass medication discounts on to those organizations’ members or employees. InSourceRx also produces revenue for the foundations and nonprofits that sponsor the program.
As of now, MDsave operates in 35 states, where it works with trusted local hospitals to offer medical screenings and procedures at significant savings for patients that pay out-of-pocket, helping them get access to needed care.
“We are thrilled to enter into this partnership with such a dynamic and growing company as MDsave,” says Bob Gevelinger, InSourceRx’s co-founder and president. “This partner espouses the same principles of helping those in need as we do at InSourceRx. We are proud to be offering healthcare consumers the ability to make informed decisions when it comes to spending on healthcare across a wider spectrum and in no way compromising patient safety.”