Managed Healthcare Executive November 5, 2024
UpScriptHealth and other telehealth providers are teaming up with drug and device companies to provide “frictionless” access to their products. Will they lead to overprescribing and compromise the physician-patient relationship?
Peter Ax, J.D., MBA, was an experienced investment banker who decided he wanted to become an entrepreneur. “And the first thing I did was consolidate a chain of laundromats in the U.S.,” he says. “And then what I did is I bought an online pharmacy.”
That was in 2000. Back then, the term “online pharmacy” brought to mind aggressive, spammy advertising for erectile dysfunction drugs of dubious provenance. But Ax had bigger plans. “I bought the company, and then literally, within 24 hours, I was sitting in regulators’ offices explaining...
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