August 7,
2023
(Atlanta, GA, August 7, 2023) InovCares has announced it has
entered a new relationship with Mark Cuban Cost Plus Drug Company, PBC (Cost
Plus Drugs). This new collaboration combines InovCares' revolutionary virtual
OB-GYN services, guiding women of color through fertility, childbirth,
breastfeeding, mental health, and other health needs, with the ability to offer
reduced-cost prescription medications through Cost
Plus Drugs. Mohamed Kamara, CEO and Founder of InovCares, says, "We
believe that every woman of color, regardless of her background, deserves
access to affordable healthcare, especially when it comes to essential prescription
medications. The rising cost of prescription medications has disproportionately
affected communities of color, including black maternity care. At InovCares, we
are proud to join forces with Mark Cuban Cost Plus Drug Company to ensure that
cost doesn't become a barrier to receiving the care they deserve."
Cost Plus Drugs was
created on a foundational belief that every American should have access to
safe, affordable medicines. The company's goal is to dramatically reduce the
cost of medications and introduce greater transparency into how they are
priced. "We are excited to work with InovCares to bring lower prescription
drug prices to women and their families," said Alex Oshmyansky, CEO of
Mark Cuban Cost Plus Drug Company. "Cost Plus Drugs and InovCares share
the goal of providing women and their families the lowest possible price for
their prescription medication. With Cost Plus Drugs, women and their families
can be confident they are getting a fair price and the convenience of
medication mailed directly to their homes."
About Mark Cuban Cost Plus Drug Company
The Mark Cuban Cost Plus Drug Company, PBC (Cost
Plus Drugs), aims to
fundamentally change how the pharmaceutical industry operates. As a
public-benefit corporation, its social mission of improving public health is as
important as the bottom line. Cost Plus Drugs transparently charges a standard
markup on every drug it sells. The costplusdrugs.com online pharmacy launched
in January 2022 now carries over 1,000 prescription products, delivered by mail
to thousands of happy customers every day. Cost Plus Drugs works with health plans,
managed-care organizations, pharmacy benefits managers (PBMs), and self-insured
employers to bring these same savings to employer-sponsored benefit plans
nationwide.
About InovCares
InovCares Connected Comprehensive Healthcare is a tech-driven company modernizing healthcare for women of color. The organization is focused on telehealth services, including specialized point-of-care testing and referrals, to combat infant and maternal morbidity, which claim 20,000 and 1,200 lives respectively every year in the U.S. Additionally, maternal morbidity costs an estimated $33B in the U.S. annually. Providing a culturally competent multidisciplinary care delivery model, InovCares offers a full range of prenatal and postpartum care, from low-risk prenatal care with midwives to high-risk care with highly skilled, maternal-fetal physicians and neonatologists. Mohamed Kamara is the founder and CEO and was inspired to develop InovCares following the tragic loss of both his sister and his aunt to pregnancy hemorrhage & preeclampsia. Since its inception, InovCares has supported 5K women of color with 10K virtual consultations.
InovCares Capabilities
InovCares is a
comprehensive telehealth platform, empowering providers & patients to
maximize healthy outcomes. The
core of our platform is the Telehealth
experience via video chat, phone calls, text messaging & voicemail. Prescription delivery is built in, allowing
physicians to order needed medications & have them delivered directly to
their patients, while the app keeps patients informed to maximize compliance
& safety.
To guide each patient toward a
healthier future, InovCares uses smartphone cameras & integrated NASA technology to turn a video into a full 3D model
of the patient. That model generates a unique Health Risk Report. This custom holistic report helps
patients to track key risks & chronic conditions, while guiding patients to
make healthy lifestyle changes before small warning signs become catastrophic
health risks.
InovCares gamifies healthy lifestyle choices, offering rewards & incentives to patients as they improve key health metrics. All this data is made instantly available to providers, keeping physicians in the loop & patients on the path toward better health.