Bonum Health, Trxade Group’s Telehealth Subsidiary, Signs Strategic Partnership with Large Retail Pharmacy Chain in Northeastern U.S.
TAMPA, FL / ACCESSWIRE / December 10, 2020 / Trxade Group, Inc. (NASDAQ:MEDS), an integrated drug procurement, delivery and healthcare platform, today announced that its telehealth subsidiary, Bonum Health, signed a strategic partnership with KPH Healthcare Services (“KPH”), a leading pharmaceutical and healthcare services provider.
Per the terms of the agreement, Bonum Health will provide affordable telemedicine services to two divisions of KPH Healthcare Services, Inc. the patients of approximately 100 Kinney Drug retail pharmacies in New York and Vermont, and, the more than two million Rx discount card members of Kinney’s sister company, ProAct, Inc., a fully integrated pharmacy benefits manager with a wholly owned mail order pharmacy.
The Bonum Health division of Trxade Group provides a mobile, B2C clinical technology platform and telehealth solution that enables virtual medical and provider services at deeply discounted rates. Through Bonum Telemedicine, an entire household can receive virtual consultations by board-certified Medical Doctors, anywhere, anytime for a low monthly subscription fee.
Kinney Drugs selected Bonum Health for its interoperable telemedicine platform which seamlessly integrates with pharmacy services and staff workflow. These emerging value-based digital health care models enable physicians and pharmacists to improve both accessibility and affordability, improving medication adherence rates and health outcomes.
“As our country continues to battle COVID-19, this partnership will make basic medical care more accessible to our patients and their families,” said John M. Marraffa, Jr., R.Ph., VP of Government Affairs and Healthcare Services Integrations at KPH Healthcare Services. “Once a patient has completed a telehealth visit, the Bonum Health Provider can use the platform’s EMR to write prescriptions. The patient will then be able to select a prescription discount savings plan directly from the network. KPH is excited to partner with Bonum to advance the health care needs of our patient community. Convenient and affordable access to medical care will benefit our patients for years to come.”
Ashton Maaraba, President of Bonum Health has positioned them as a disruptor of telehealth services, leveraging a unique platform and service model that pharmacists and their patients can trust. Maaraba notes, “We are thrilled to have established this partnership with the KPH team, whose deep-rooted commitment to their patients and communities’ dates back to 1903,” said Ashton Maaraba, President of Bonum Health. “Our team of medical providers are ready to work in collaboration with Kinney Drugs and ProAct Pharmacists to deliver affordable care to their patient community. With nearly 26 million uninsured or under-insured people in the U.S., partnerships such as these will help narrow gaps and reduce barriers to affordable, accessible care for all.”
About KPH Healthcare services, Inc.
KPH Healthcare Services is a 100% employee-owned national provider of pharmaceutical and healthcare services with complementary businesses in both the retail and commercial segments of the industry. KPH is comprised of six divisions: (1) Kinney Drugs, a chain of full-service drug stores located throughout New York and Vermont; (2) Health Direct Institutional Pharmacy Services, which serves long-term care and alternative care needs; (3) ProAct, Inc., a pharmacy benefit management company with sales offices throughout the country and a mail-order pharmacy; (4) Noble Health Services, a specialty pharmacy that dispenses medications used to treat complex and chronic diseases; (5) Kinnect™, an on-site clinical care pharmacy; and (6) Aristacare, an infusion therapy pharmacy that offers both in-home infusion therapy (with HomeLife specialized nursing support) and operates an ambulatory infusion center. KPH Healthcare Services is an employee-owned company with approximately 4,300 employees that provides the highest quality pharmacy and healthcare services. Every aspect of KPH’s business is guided by the values of excellence, moral responsibility, and community spirit. For more information, please visit https://www.kphhealthcareservices.com/en/.
About Trxade Group, Inc.
Headquartered in Tampa, Florida, Trxade Group, Inc. (NASDAQ:MEDS) is an integrated drug procurement, delivery and healthcare platform that fosters price transparency, thereby improving profit margins for both buyers and sellers of pharmaceuticals. Trxade Group operates across all 50 states with the central mission of making healthcare services affordable and accessible. Founded in 2010, Trxade Group is comprised of three synergistic operating platforms; (1) the Trxade B2B trading platform with around 11,800 registered pharmacies, (2) Integra Pharma Solutions, Trxade Group’s virtual wholesale division, and (3) the Bonum Health platform offering affordable telehealth services. For additional information, please visit us at www.trxade.com or at www.bonumhealth.com.