Business
GoodRx Unveils Medicine Cabinet, A Better Way To Manage All Of Your Prescriptions
Medicine Cabinet enables consumers to keep track of their medications, find the lowest prices, and earn rewards for staying on track SANTA MONICA,
About this update from Goodrx Holdings, Inc.
[{"type":"text","content":"\nMedicine Cabinet enables consumers to keep track of their medications, find the lowest prices, and earn rewards for staying on track\n\n\n SANTA MONICA, Calif.--(BUSINESS WIRE)--\nGoodRx (NASDAQ: GDRX), a leading resource for healthcare savings and information, today announced Medicine Cabinet, a comprehensive solution designed to help consumers seamlessly manage their medications. Medicine Cabinet gives people easy-to-use tools to keep track of their prescriptions, get refill and daily pill reminders, find low prices, and earn rewards for staying on track. By making prescription management easier, smarter and more relevant, Medicine Cabinet will better enable consumers to stay adherent to their treatment plans and manage their overall healthcare costs.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230727785073/en/(Photo: Business Wire)\nMedication adherence is key to improving health outcomes, managing chronic conditions, and decreasing spend in the healthcare system. An estimated 50% of all American adults struggle to take their medications as prescribed, and lack of affordability is a contributing reason why 20-30% of prescriptions are never filled. Adherence becomes even more challenging when patients have multiple prescriptions. Medicine Cabinet is designed with these consumers in mind, allowing them to seamlessly manage prescriptions across the entire patient journey – at the doctor’s office, at the pharmacy, and at home. It combines GoodRx prescription discounts with a set of personalized tools that are designed to keep consumers more engaged in their own care.\n\n\nIn fact, early data shows that GoodRx users who engage with Medicine Cabinet are almost four times as likely to claim prescriptions at the pharmacy than non-registered users. Furthermore, these users are managing more prescriptions within the GoodRx app, leading to more than 40% more prescriptions filled than non-registered users in the first six months after first filling a medication. These early data points showcase the value of Medicine Cabinet in helping GoodRx users adhere to and manage more of their medications.\n\n\n“It’s no secret that an important part of staying healthy is sticking to your prescribed treatment plan, but that’s often easier said than done. Tracking a variety of medic...