Foundation Health

The past few weeks have been filled with headlines about the big 3 PBMs. They've been given free reign to constantly keep creating a complicated web of financial engineering all designed to extract more money out of the system and into the pockets of the PBMs. Rebates, GPOs, pharmacy networks, closed specialty pharmacy - none of this is designed with the patient as the priority, but as a way to increase revenues. In any other industry, the FTC would have taken action long ago, or at the very least blocked consolidation. But because of the opaque nature of these businesses, they've been able to consolidate and merge to exert an even tighter level of control. I’m glad to see the FTC under the leadership of Lina Khan diving deep into the way PBMs work and publishing their findings, as well as Mark Cuban shining a spotlight on their dubious practices. I’m optimistic we will see change, it’s the logical conclusion. But in the meantime, we desperately need to drive improvements in affordability and access for patients. That’s exactly why I'm. building Foundation Health. Let’s keep this momentum going. https://lnkd.in/eYpCSubd

Building a direct relationship with your patients doesn't have to take months and millions in investment. Really. Our Virtual Direct-to-Patient (DTP) SaaS solution means ✅ White-Labeling: Your brand, your way ✅ Tailored Experiences: Seamless patient interactions, crafted to delight ✅ Middleman Free: Set fair pricing, no need for rebates Have an idea but not sure where to start? Concerned about the time and cost of the D2P journey? Let’s partner and get you where you need to go. https://lnkd.in/gXAm2uYc

(un)Fun Facts 🛑 According to the World Health Organization, medication adherence can have a more direct impact on patient outcomes than the specific treatment itself. 💡 Nonadherence can account for up to 50% of treatment failures, and up to 25% of hospitalizations each year in the US. 💡 Typically, adherence rates of 80% or more are needed for optimal therapeutic efficacy. BUT, it's estimated that adherence to chronic medications is around 50%. TLDR: We have a prescription drug pricing and accessibility problem in the US. And it's costing patients way more than money. We’re empowering our clients with solutions that prioritize access (home delivery), affordability (on and off-benefit pricing), simplicity (SMS reminders, auto-refill opt-in when applicable), and so much more to help move the needle and support medication adherence. What tools do you think are needed to help reduce the non-adherence problem?

Kinnevik’s Maria-Helen Maras joined a panel at this week’s HLTH Europe to discuss European healthcare startups scaling in the US.    The discussion covered navigating regulation and reimbursement models, the importance of channel partnerships, getting the critical first hires correct, and practical dos and don’ts. A topic more relevant than ever, as the American market becomes increasingly important for European startups.   Thanks for having us and for the great discussions #HLTHEurope 

"Patients want clear pricing, lower costs, and convenient access to healthcare. These are not outrageous demands, yet solutions that meet them are few and far between. At Foundation Health, we believe traditional multi-month, multi-million dollar builds are the enemy of innovation and progress. We’re focused on providing affordable solutions that are intentionally built for speed and scale.”- Umar Afridi, Founder & CEO, Foundation Health We are dedicated to building services that expertly meet the needs of our customers, implementing them within days, and delivering unparalleled speed-to-market at a fraction of the cost. Let’s redefine the consumer healthcare experience together. https://lnkd.in/gXAm2uYc

🙋♂️Anyone else packing their bags for Amsterdam? HLTH Europe is only a few days away and we can’t wait. Andrew Elder, Andrea Berchowitz, Thomas Luby, and Christian Scherrer will join Foundation Health CEO Umar Afridi for an illuminating panel: Stripes, stars, & success: Scaling healthcare startups in the US. Join us for a session packed with insights and opportunities. June 18 at 9:50 AM. Come say hi and let’s connect! https://lnkd.in/dPU55jE8 #hlth #hltheurope

APIs for telehealth prescribing and pharmacy services. This is the foundation of everything we build. Sounds great, right? But what does it mean exactly… It means one tech platform that seamlessly connects you to telehealth providers and a network of pharmacies, offering prescription mail-order delivery, same-day delivery, compounding, specialty medications, veterinary medications, and durable medical equipment (DME). There’s no need to build your own pharmacies or create your own provider networks. We've got you covered. Check out our API documentation here: https://lnkd.in/gf6-9pJ9

A special moment for me at this year’s #asembia24 Summit? Sitting down with Mark Hansan and Scott Howell for their fantastic podcast, Prescription for Better Access. We covered a topic I’m passionate about: the opaque world of prescription drug pricing and how we drive change by building consumer healthcare solutions with transparency and affordability at their core. Check out the full episode here: https://lnkd.in/efnNq6eH And big thanks Mark and Scott for the great conversation! 

✈️ The countdown to HLTH Europe is on! Wondering what it takes to launch, survive, and thrive in the US market? We have just the panel for you. Our very own Umar Afridi will take the stage on June 18 to share pointers, pitfalls, and personal experiences. This one is not to be missed. Interested in meeting up? Shoot Umar Afridi a message to coordinate. Hope to see you there 🌍 Check out the full agenda: https://lnkd.in/dPU55jE8 #hlth #hltheurope

🚨 We’re Hiring: Vice President of Sales 🚨 Foundation Health is looking for a Vice President of Sales to join our team. This is a unique opportunity to be one of our first strategic sales hires, playing a pivotal role in building our go-to-market strategy and expanding our partner and customer network globally. If you’re looking to make a significant impact and get in on the ground floor, this opportunity is for you! See the full job description and apply here: https://lnkd.in/eaNQ56hP #SalesJobs #VPofSales #Hiring #JobOpportunity #SalesLeadership #HealthTech #JoinOurTeam #health #healthjobs