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In 2017, the company announced partnerships with major pharmaceutical companies to negotiate lower prescription drug costs. [6] [8] In September 2019, GoodRx acquired the telemedicine company HeyDoctor and rebranded the telemedicine platform as GoodRx Care. [3] In 2021, GoodRx acquired the health video company HealthiNation. [9]
Compared to other OECD countries, U.S. healthcare costs are one-third higher or more relative to the size of the economy (GDP). [2] According to the CDC, during 2015, health expenditures per-person were nearly $10,000 on average, with total expenditures of $3.2 trillion or 17.8% of GDP. [3]
Prescription drug list prices in the United States continually are among the highest in the world. [1] [2] The high cost of prescription drugs became a major topic of discussion in the 21st century, leading up to the American health care reform debate of 2009, and received renewed attention in 2015.
For the nine months ended September 30, 2024, Blink total operating expenses, excluding noncash impairment charges were $90.5 million, a year-to-date -- year-over-year reduction of $25.6 million ...
In October 2020, Hims closed a deal with Oaktree Capital Management to go public through a blank check company, reaching a valuation of $1.6 billion. [7] As part of the deal, the company was renamed Hims & Hers Health Inc. [11] The transaction was completed in January 2021, and the company started trading publicly on the New York Stock Exchange.
In February, popular fast-food chain, Wendy’s, endured online scorn and ridicule shortly after CEO Kirk Tanner announced a $20 million investment in digital menu boards to test dynamic pricing.
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Bundled payments have been proposed in the health care reform debate in the United States as a strategy for reducing health care costs, especially during the Obama administration (2009–2016). [7] Commercial payers have shown interest in bundled payments in order to reduce costs. [8]