By Thomas Herd
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Each election cycle, politicians at every level—from Donald Trump to congressmen nationwide to local city councils—emphasize the need to reform the wellness and healthcare industries.
Yet, we can all agree that very little in the way of progress seems to ever transpire in the public sector, causing health and wellness reform to become a repeat issue nearly every single election cycle.
Fortunately, however, in recognizing the general lack of progress at the public level, private sector companies have started to step up to take health and wellness progress into their own hands.
As a result of these modern reformers, patients, doctors, patients and health-conscious consumers are now benefitting and the system is getting more transparent, functional and efficient.
Let’s meet some of these mavericks cleaning up our health and wellness industries.
A notable private sector healthcare company that has stepped up to fulfil a major gap in the healthcare space is the custom drug manufacturer Sincerus Pharmaceuticals led by entrepreneur Spencer Mallkin.
In seeing how plagued the dermatology field was by big pharma reimbursement issues on medicines (where drugs that patients need are often far overpriced, leaving patients without proper treatment), Malkin launched Sincerus Pharmaceuticals to legally manufacture tailored medicines that correlate with the highest usage needs for the patients as prescribed by dermatologists.
Further, the Sincerus Pharmaceuticals‘ medications can be customized based upon physician preference.
Through the customization process, Sincerus Pharmaceuticals has the ability to alter potency, select the vehicle, and modify or remove the inactive ingredients found in commercially available medications that are known allergens or irritants.
In this manner, Sincerus Pharmaeceuticals has been able to offer a new genre of agile, individualized medicines directly to doctors—who could then provide these effective formulas right on the spot—to patients.
Not only did the agile solution pioneered by Sincerus Pharmaceuticals cut out the middlemen players such as wholesale distributors, PBMs and pharmacies—making the right medicines more accessible—it also circumvented all the mark-ups the traditional supply chain adds to the cost of medicine, making effective drugs much more affordable.
As a matter of fact, Sincerus Pharmaceuticals‘ turnkey solution is a game-changer for the healthcare industry.
Sincerus Pharmaeceuticals has been able to stop the negative vortex around price inflation and unwanted prescription substitutions, and its daughter companies Prescribers Choice and Sincerus Florida have been able to open thousands of accounts across the nation which carry transparency, lower costs and more trustworthiness.
For the full story on modern healthcare leaders, visit Entrepreneur.
