PharmD Live

We provide Medicare Seniors 24/7 pharmacist access for medication management
Washington, 
DC
Investment type:
Equity
(Priced Round)
Target raise:
$250,000
 - $1,070,000
Minimum investment:​
$100
End date:
Dec 04, 2020
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Highlights

  • Telehealth service focused on medication risk and disease management of the chronically ill patient.
  • Ready to market solution with high growth and potential.
  • $40B in Medicare funding approved to pay for this service – of which only 1.5% was accessed in 2019.
Our Story

We partner with physicians, hospitals and health insurance companies to connect high-risk patients with our pharmacists via secure telehealth technology in between their doctor visits to provide Chronic Care Management (CCM). CCM helps prevent dangerous medication-related problems, lower costs and improve the overall life of the patient. Patients and physicians have 24/7 access to our pharmacists for medication related consults via our proprietary telehealth platform.
Our Ambition

The current market is drastically underserved. Last year only 1.5% of the $40B in Medicare funds designated to pay for this service were utilized. With our scalable service we believe we can reach over 600,000 patients by our 5th year and generate a potential of $450 million in revenue (this cannot be guaranteed). With this model, we hope to be an attractive acquisition target by a major US healthcare company or private equity firm, yielding significant return on investment.