Medzoomer is an on demand prescription delivery service platform with the slogan "Your Prescriptions. Delivered. On Demand." Founded in 2019 and headquartered in the United States, Medzoomer aims to optimize the pharmacy space with its proprietary technology to solve the medication adherence problem, ultimately improving patient outcomes and reducing healthcare costs.
According to a nationwide study, 37% of patients admitted to leaving a prescription at a pharmacy due to the inconvenience of pick-up, while 35% of primary patient non-adherence is attributed to factors such as time constraints, lack of reliable transportation, or forgetfulness in picking up their prescriptions. Additionally, 10% of hospitalizations are avoidable, costing the U.S. healthcare system a staggering $260 billion annually due to patient non-adherence.
Medzoomer's service not only benefits patients by providing easier access to medication but also offers advantages to their pharmacy partners. The platform helps pharmacies save an average of over $5,000 per month compared to using their own courier services and assists them in capturing an additional 18% of new revenue on average after joining. Moreover, pharmacies can tap into Medzoomer's consumer base through the app, representing a cost-effective form of targeted marketing.
The startup recently received non-equity assistance investment from Endeavor Miami on 24 August 2023, demonstrating investor confidence in its potential to disrupt and improve the pharmaceutical industry.
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