| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
2 |
| Employees |
160 |
| Revenues (TTM) (Millions $) |
24 |
| Net Income (TTM) (Millions $) |
-46 |
| Cash Flow (TTM) (Millions $) |
-15 |
| Capital Exp. (TTM) (Millions $) |
1 |
Business Description
Medavail Holdings Inc. is a technology-enabled pharmacy company that offers on-site prescription dispensing and virtual consultations through its kiosks and telemedicine platform. The company is headquartered in Mississauga, Ontario, Canada, and was founded in 201
Medavail's pharmacy kiosks are placed in high-traffic areas such as university campuses, workplaces, and retail stores. The kiosks are designed to dispense medication 24/7 without the need for a pharmacist on-site. Customers can request prescription refills, receive medication consultations, and speak with a licensed pharmacist through the kiosk's video conferencing capabilities.
Medavail's telemedicine platform enables customers to connect with licensed pharmacists through video and phone consultations. Customers can also access medication recommendations, lab testing, and health monitoring through the platform.
The company's technology platform seamlessly integrates with electronic medical records, allowing healthcare providers to offer on-site medication dispensing at their clinics. Medavail's services are currently available in several Canadian provinces and select U.S. states.
Medavail has partnerships with several insurance providers, employers, and healthcare organizations to provide convenient medication solutions to their members and patients. In 2021, the company announced a merger with Rite Aid Corporation, a leading retail pharmacy chain in the United States, to expand its footprint in the U.S. market.
Overall, Medavail Holdings Inc. is a healthcare technology company that provides convenient and accessible medication solutions through its on-site prescription kiosks and virtual consultations platform. Its partnerships with healthcare organizations and insurers have positioned the company to be a leader in the future of telemedicine and pharmacy services.
Company Address: 4720 East Cotton Gin Loop, Phoenix, 85040 AZ
Company Phone Number: 830-0826 Stock Exchange / Ticker: NASDAQ MDVL
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3.66% 