Growth-Up, that's what PharmcoRx is Doing
One of things we worked on really hard over the last six months and especially last four months is trying to build the exposure of what it means to be PharmCo. A lot of people don't understand what PharmCo means, what it is we do because when we interact with the pharmacy we were used to walking past aisles and aisles of groceries to get to a pharmacy technician who gives us our medications every week. That's the limit of our interaction with pharmacy.
That is not what PharmCo does. We are advanced pharmacy services. We are a healthcare company. So we do pharmacy - pharmaceutical coaching, medication therapy, management, consultation, education we do a lot more than just put pills in the hands of patients, we work with doctors, we optimize medication therapy, we save insurance companies money by examining patient medication therapy and making sure the medications the patient is on are cost effective and that is why insurance companies are trying to partner with us on program that will benefit their members,
We're talking to a number of institutions about how to integrate pharmacy into the healthcare space, into the patient's care team and by doing that that will allow us to have more stability. Now we as a pharmacy just PharmCo have better stability in our patient base, better stability in our physician base than anything else. I know that there are some questions about attrition, I have seen some things where patient or our shareholders are having questions about whether we're losing grounds, we don't lose ground it patients try PharmCo they don't because we can do everything a pharmacy can do, everything CVS does, everything Walmart does, everything a PBM pharmacy does and mail order pharmacy doesn't and we do it better.
So if you like what we do there is zero reason to switch everybody else is going to charge you more money. Everyone else is going to deliver a poor service. So there is no reason to switch. Once you come to PharmCo is a common joke, once you are PharmCo you are forever PharmCo and does with our stuff too. We have numbers of boomerangs who think that they want to find a job somewhere else, within two weeks they are back at PharmCo because we're the best and they know that.
And so we're seeing a lot of advancement, we’re seeing a lot of opportunity, and I want to get now - I know I really fed up and glass over the financials. I hope that we’ll do another podcast with Stuart, and he can go further into detail. But I do want to get into the question-and-answer because there is a lot to talk about and there is a lot of exciting things going on here.
"To Give Anything Less Than Your Best, Is To Sacrifice the Gift." - Steve Prefontaine