InvestorsHub Logo
Followers 95
Posts 11590
Boards Moderated 0
Alias Born 12/27/2011

Re: None

Sunday, 10/23/2016 12:41:32 PM

Sunday, October 23, 2016 12:41:32 PM

Post# of 37495
This was my response to a post by Perfectson on the mCig board ( MCIG Post # 78554 ). I felt it was important enough to repost here since there seems to be a common misconception that Malecon is only a brick and mortar retail pharmacy and doesn't offer anything unique...


Exactly, the owner probably had bigger thoughts but the fact he couldn't expand the business to more than one location made him realize he needs to cash out ASAP.



LMAO The original owner sold the brick and mortar retail pharmacy in 2007 after over 30 years of ownership. Don't you think he may have simply wanted to retire???

The new owner, Malecon, expanded the business by adding a specialty pharmacy business with both mail order and van delivery.

Just to repeat , it's one store in one location surrounded by cvs and walgreens who all have the same specialty services!!



Get it through your head. This is more than a brick and mortar store. The specialty pharmacy is a totally separate business division from the retail store. The only thing Wallgreens and CVS have going for them is their size. Are you saying it's useless for smaller competitors to get into the business, even if they can offer better and unique services?

I've researched both Walgreens and CVS's specialty pharmacy offerings. Neither of them have anything like a Malecon Pack, which is individually customized packets of medications labeled with the date and time each patient needs to take them.



This kind of packaging would be highly valued by elderly patients, their doctors, nursing homes, long term and acute care facilities, and hospitals.

Neither of the big pharmacies offer anything like Central Fill...

Malecon Pharmacy website

If you are an HMO or a busy Physician Group looking to increase compliance, streamline operations while increasing your overall patient's satisfaction our fully automated Central Fill solutions are designed to address these exact needs. Using Central Fill, you can aggregate prescriptions from multiple locations and funnel them to our centrally located prescription fulfillment center. Once there, prescriptions are assembled, verified, packaged, and are delivered to patient's door or mailed directly to the patient's house. Central Fill is not a "one size fits all" product. We offer a wide range of Central Fill solutions and will design your solutions based on:



Current and future prescription volumes.
Prescription mix (new vs. refills).
Prescription turnaround requirements.
Ability or willingness to aggregate prescriptions with other Physician's Group.
Desire to leverage the facility for other ancillary businesses.



By aggregating prescriptions from different providers for an HMO, the pharmacy is able to order these meds in bulk and pass on savings to the HMO.

They also offer some unique services for physicians...

We have proven to eliminate workloads from Physicians’ offices thus giving you more time to care for your patients and increasing your productivity, overall patient care level and satisfaction. We strive to become your practices’ dedicated assistant by delivering a wide array of Physician’s support services.



Filling in Prior Authorization forms.


Malecon Pharmacy billing specialists could complete Prior Authorization (PA) forms for all drugs and all Medicare Part D plans, Medicaid plans, and most Commercial plans free of charge. All you would be left to do is just sign and fax or e-submit the form to the plan.


Dedicated patient’s advocates.


We more than anyone else understand that delivering the right drug to the right patient at the right time is essential to the successful therapy. Situations like insurance denials, drug not being on the insurance formulary and alike is an everyday occurrence. We have dedicated staff members coordinating efforts to get necessary medicines to the patient ASAP. Some of our team members have been working for us for over 30 years and go above and beyond to ensure your patients will get their medicines in time. Would your patients require financial assistance we will work with manufacturers and various charitable foundations to get the medication covered.


Compliance and adherence programs.



One of the biggest concerns with prescribing a treatment has always been “How do I make sure that patient takes medication on time, as scheduled and for entire duration of a prescription?” According to National Council on Patient Education more than half of Americans with chronic diseases don't follow their physician's medication advice and lifestyle guidance. More than half of all chronically ill patients don't use their medications properly, and two-thirds fail to take their medications altogether. We are dedicated to helping physicians manage and assist their patients to follow their therapy by staying in close contact with the patient. After the patient receives their first delivery we call to ask if there are any questions and concerns. After this initial call we follow up bi-weekly or as needed to encourage the patient to stay on the therapy, monitor any side effects and answer any questions. Patients are also encouraged to call Malecon Pharmacy’s dedicated case managers at any time for any reason.

To ensure compliance, we developed a highly efficient delivery and packaging program. For our specialty patients the medicine is expertly packaged in MaleconPak™. Each personalized dated compartment of MaleconPak™ contains all the pills the patient needs for the particular date and is clearly labeled with precise time to take them. Our verified auto-refill program ensures that patients continue to take their medication for the duration of the therapy.

We also work closely with the Physicians to supply them with customized compliance and adherence reports.



Keeping you in the loop.


Our proprietary notification system will always keep you on top of your patients care. We could notify you of an exact date and time when your patient receives their medication or the exact stage where it’s currently at (e.g. waiting for prior authorization approval). Thus there is never a situation when you are out of the loop



I challenge you to find these things covered by Wallgreens or CVS.

Les