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HEALTHCARE | Medical Devices & Equipment
medavail.com

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Founded Year

2012

Stage

PIPE | IPO

Total Raised

$42.66M

About MedAvail Technologies

MedAvail Technologies (NASDAQ: MDVL) is a healthcare technology company that commercializes a self-service kiosk solution, the MedAvail MedCenter, supporting the dispensing of prescription drugs and Over-The-Counter medications. The MedAvail Medcenter can be deployed in remote sites such as employer locations, clinics, hospitals and retail locations.

MedAvail Technologies Headquarter Location

6665 Millcreek Drive Unit 1

Mississauga, Ontario, L5N 5M4,

Canada

877-830-0826

Latest MedAvail Technologies News

MedAvail Signs Four SpotRx Locations With Cano Health in California

Nov 23, 2021

Innovative self-serve pharmacy kiosks to be embedded in four clinics November 23, 2021 08:00 AM Eastern Standard Time MISSISSAUGA, Ontario & PHOENIX--( BUSINESS WIRE )--MedAvail Holdings, Inc. (Nasdaq: MDVL) (“MedAvail”), a technology-enabled retail pharmacy company, has signed an initial four clinics with Cano Health in California. In-clinic SpotRx kiosks and courier home delivery will be available to patients at four Cano Health clinic locations in the greater Los Angeles area. SpotRx Pharmacy is the retail pharmacy brand owned and operated by MedAvail in the United States, which deploys and operates the MedAvail MedCenters. “We are thrilled to continue our collaboration with Cano Health, supporting them with their expansion into California,” said Ed Kilroy, Chief Executive Officer of MedAvail. “We will be leveraging our current pharmacy infrastructure already deployed in California to service these Cano clinics.” MedAvail’s SpotRx Pharmacy business is primarily focused on the Medicare (65+ year old) market and the medical clinics where they receive care. The SpotRx MedCenter allows patients to virtually consult with a pharmacist and fill their medications within clinics, eliminating the need to visit a pharmacy. SpotRx also provides patients the option to have their medications delivered to their homes free of charge. “Our partnership with SpotRx will enable us to provide a high touch pharmacy experience to our patients while also providing convenient on-site access to over-the-counter and prescription medications,” said Dr. Richard Aguilar, Chief Clinical Officer of Cano Health. “We want to ensure that our patients receive high quality, affordable care and medication adherence plays an important role in population health management.” About Cano Health Cano Health operates value-based primary care medical centers and supports affiliated medical practices that specialize in primary care for seniors in Florida, Texas, Nevada, New York, New Jersey, New Mexico, California, Illinois, and Puerto Rico, with additional markets in development. As part of its care coordination strategy, Cano Health provides sophisticated, high-touch population health management programs including telehealth, prescription home delivery, wellness programs, transition of care, and high-risk and complex care management. Cano Health’s personalized patient care and proactive approach to wellness and preventive care sets it apart from competitors. Cano Health has consistently improved clinical outcomes while reducing costs, affording patients the opportunity to lead longer and healthier lives. Cano Health serves a predominantly minority population (80% of its patients are Latino or African American) and low-income population (50% of its members are dual eligible for Medicare and Medicaid). For more information visit www.canohealth.com or www.canohealth.com/investors/ . About SpotRx SpotRx places control of the pharmacy experience back in the hands of consumers. SpotRx is a telehealth platform that delivers remote pharmacist consultations through an on-site dispensing kiosk, supplemented with home delivery capability. About MedAvail MedAvail Holdings, Inc. (NASDAQ: MDVL) is a technology-enabled pharmacy organization, providing turnkey in-clinic pharmacy services through its proprietary robotic dispensing platform, the MedAvail MedCenter, and home delivery operations, to Medicare clinics. MedAvail helps patients to optimize drug adherence, resulting in better health outcomes. Learn more at www.medavail.com . SOURCE MedAvail Holdings Inc.

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Expert Collections containing MedAvail Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

MedAvail Technologies is included in 6 Expert Collections, including Pharma Supply Chain.

P

Pharma Supply Chain

1,258 items

I

In-Store Retail Tech

1,343 items

Startups aiming to work with retailers to improve brick-and-mortar retail operations.

N

New Retail Formats

363 items

Tech-enabled, physical retail selling formats that reach beyond the walls of a traditional store.

D

Digital Health

11,292 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

T

Telehealth

2,708 items

Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.

M

Medical Devices

7,884 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

MedAvail Technologies Patents

MedAvail Technologies has filed 7 patents.

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Videotelephony, Teleconferencing, Pharmaceutical industry, Amines, Brand name confectionery

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MedAvail Technologies Web Traffic

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