Trxade Group Inc. (NASDAQ: MEDS) Providing Solutions for Major Challenges Facing US Healthcare Industry [Video Edition]
Apr 3rd, 2020
Globally, the world is focused on COVID-19, but the real challenge facing the healthcare industry may be something much less obvious: accessibility and affordable. Runaway prescription costs and access to quality healthcare are the predominant underlying issues of a system that likely will be severely tested by global COVID-19 pandemic.
While COVID-19 runs rampant worldwide, experts agree that science and technology will eventually find ways to deal with the ravaging disease. However, the pandemic has only exacerbated America’s real healthcare challenge — affordable healthcare and prescription medicines. The only sensible solution may be to marshal the forces of innovation and technology to improve and expand healthcare services, streamline operating expenses, expedite deliveries and mitigate runaway costs. At the epicenter of a multibillion-dollar opportunity, Trxade Group Inc. (NASDAQ: MEDS) (MEDS Profile) is delivering on a unique business strategy that makes healthcare and prescriptions more accessible, affordable and convenient, delineating Trxade in a fractured, inefficient industry. In testament to market opportunity, Amazon.com Inc. (NASDAQ: AMZN) has entered the space with its PillPack platform to simplify the prescription process for consumers. McKesson Corporation (NYSE: MCK), one of the largest pharmaceutical providers in the United States, serves both public and private sectors. Teladoc Health Inc. (NYSE: TDOC) provides virtual health solutions to millions of patients around the world, allowing round-the-clock access to doctors. CVS Health Corporation (NYSE: CVS) goes beyond the corner drugstore and plays a role in everything from care-management to cost-management systems, allowing quick responses to changing patient needs.