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Wangenstein

03/13/19 10:15 AM

#113444 RE: Stocked55 #113443

Well, that math does check out better than his does...

MastaBeta

03/13/19 10:30 AM

#113447 RE: Stocked55 #113443

RXMD is in fact different. Many independent pharmacies are indeed having trouble competing and selling for cheap. RXMD has avoided that by establishing a valuable institutional network with hospitals, nursing homes, and insurance companies (specifically Humana). They qualify for preferred pricing and reimbursements by meeting quality standards in service, care, and documentation. RXMD is developing into a name brand with these initiatives and expanding market with more locations and larger geographic footprint.

Everything they are doing is in fact different from your typical corner RX that sells for pennies because they operate like a gas station drawing people in with a need but making money on the markup for conveniences.

RXMD is an RX company with an RX business model that works. That's why they are buying locations and not selling them.

straighttalk2004

03/13/19 10:36 AM

#113449 RE: Stocked55 #113443

Check your spelling please