FORT LAUDERDALE, FL, July 11, 2018 (GLOBE NEWSWIRE) — MediXall Group Inc., (OTCQB: MDXL), a technology and innovation-driven organization structured to bring effective change to the U.S. Healthcare Industry, is pleased to announce that it has entered into a new partnership with Redwood HCA, LLC to develop a prescription discount program for MediXall users.
Once launched, MediXall Prescription Discount Program will allow consumers to search and compare prescription drug prices, locate pharmacies, and receive immediate savings at the register on both generic and brand prescription medications. By leveraging the national pharmacy network of Redwood’s PBM partner, Citizens Rx, the MediXall Rx Savings Card will be accepted nationwide at more than 67,000 participating pharmacies. Savings of up to 80 percent can be applied to prescription medications for the entire family – even pets.
This collaboration will allow MediXall to provide their membership with convenient, free access to prescription savings in their area, while enabling more support for consumers to direct their own care and ensuring that they have the tools necessary to make informed choices.
“We built MediXall with the mission of using consumer-focused technology to improve the healthcare experience and reduce unnecessary costs for the self-pay and underinsured market,” said Michael Swartz, President, MediXall. “MediXall Prescription Discount Program is uniquely positioned to create real change and deliver meaningful prescription savings solutions for this market due in large part to our dynamic partnerships with industry-leading organizations and nationally-based pharmacies who share our focus on enabling more efficient, cost-effective healthcare for the consumer.”
The increasing presence of high-deductible and catastrophic health plans continues to put more emphasis on the need for patients to become knowledgeable consumers of healthcare. As such, it becomes essential for the industry to show up with universal price-transparency tools. MediXall.com was developed to address this growing need of self-pay and underinsured consumers for greater transparency and price competition in their healthcare costs.
The online experience for MediXall.com was designed to mirror other e-commerce sites found in other markets, centered around creating an online marketplace for healthcare services in the same way retailers sell their goods on traditional e-commerce platforms, providing consumers user-generated reviews, transparent pricing, and comparative shopping. With the addition of the MediXall Prescription Discount Program, MediXall.com will also be able to bring consumers greater price transparency for all prescription drugs.
“We are very excited to be working with MediXall and know that by combining their healthcare technology platform along with our PBM partner’s 67,000-location national pharmacy network this will be a great partnership that will add maximum value to users through a transparent cost savings approach,” said Perry Anton, CEO of Redwood HCA.
MediXall.com is a new generation healthcare marketplace platform designed to address the growing need of self-pay and high deductible consumers for greater transparency and price competition in their healthcare costs. With MediXall, consumers now have the option to search for doctors or dentists and book appointments based on cost, distance, ratings, and availability at the click of a button. By delivering a solution that better connects consumers with high-quality healthcare providers and wellness services, MediXall.com enables healthcare providers to engage consumers with a level of price transparency and digital convenience that they have come to expect in every other aspect of their lives. In this era of rapidly increasing deductibles and healthcare costs, the cloud-based platform is designed to be transformational and disruptive to traditional methods of medical care and provisioning of medical services to the consumer. For more information, please visit www.medixallgroup.com or call (954) 440-4678.
About MediXall Group, Inc.
MediXall Group is a technology and innovation-driven organization purposefully designed and structured to bring effective change to the U.S. healthcare industry that is actively trading on the OTCQB under the symbol “MDXL.” The Company believes its revolutionary approach will help drive much-needed change that it envisions is needed in the current healthcare system. The mission of the MediXall Group is to revolutionize the medical industry by improving communication; providing better technology and support services; and enabling more efficient, cost-effective healthcare for the consumer. By approaching the healthcare ecosystem as a whole, MediXall creates, invests and incubates companies that embody its mission statement.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company’s current plans and expectations, as well as future results of operations and financial condition. Specifically, the Company’s ability to raise additional capital, execute its business plan and strategy, sustain or increase gross margins, achieve profitability and build shareholder value are forward looking statements. A more extensive listing of risks and factors that may affect the Company’s business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the Company with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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