GoodRx unveils Medicine Cabinet

GoodRx, a resource for healthcare savings and information, is debuting Medicine Cabinet, a comprehensive solution designed to help consumers manage their medications.

Medicine Cabinet gives people easy-to-use tools to keep track of their prescriptions, get refill and daily pill reminders, find low prices and earn rewards for staying on track. By making prescription management easier, smarter and more relevant, Medicine Cabinet will better enable consumers to stay adherent to their treatment plans and manage their overall healthcare costs, the company said.

Medication adherence is key to improving health outcomes, managing chronic conditions and decreasing spend in the healthcare system. An estimated 50% of all American adults struggle to take their medications as prescribed, and lack of affordability is a contributing reason why 20-30% of prescriptions are never filled. Adherence becomes even more challenging when patients have multiple prescriptions, the company noted.

[Read more: CVS Caremark, GoodRx launch Caremark Cost Saver program]

Medicine Cabinet is designed with these consumers in mind, allowing them to seamlessly manage prescriptions across the entire patient journey—at the doctor’s office, at the pharmacy and at home. It combines GoodRx prescription discounts with a set of personalized tools that are designed to keep consumers more engaged in their own care.

GoodRx shared that early data shows that GoodRx users who engage with Medicine Cabinet are almost four times as likely to claim prescriptions at the pharmacy than non-registered users. Furthermore, these users are managing more prescriptions within the GoodRx app, leading to more than 40% more prescriptions filled than non-registered users in the first six months after first filling a medication. These early data points showcase the value of Medicine Cabinet in helping GoodRx users adhere to and manage more of their medications.

[Read more: Unleashing the Power of Medication Adherence: Empowering Patients and Caregivers]

“It’s no secret that an important part of staying healthy is sticking to your prescribed treatment plan, but that’s often easier said than done. Tracking a variety of medicines and remembering when to take them is a real challenge. But for many Americans, it gets even harder juggling refills, navigating multiple pharmacies and managing costs,” said Mark Hull, chief product officer of GoodRx."

Hull added, "With Medicine Cabinet, we are addressing these hurdles by making medication management easier and giving consumers more control over their prices, leveraging much of the prescription history consumers already have on GoodRx. While other solutions focus solely on alerts, with GoodRx’s Medicine Cabinet, you can actually save more money just by adhering to your medications.”

New features available in Medicine Cabinet include:

• Action Center: Keeping track of the different actions consumers need to take across all of their prescriptions can be overwhelming. The Action Center keeps it simple by highlighting important things they need to do to stay on top of your medications.
• Best Pharmacy Recommendations: Finding the pharmacy that offers the best prices for medications can be tricky. Now, GoodRx does the work for customers and analyzes their  list of prescriptions to identify the pharmacy offering the lowest overall price on GoodRx so you can maximize your savings.
• Daily Medication & Refill Reminders: Remembering to take medications on time and keeping track of refills can be challenging. The new Reminders feature can help ensure that consumers never miss a dose or a refill. Consumers can set reminders for the time of day when the medication should actually be taken.
• Prescriptions Dashboard: Customers can find all of their medications in one place without the work. Prescriptions filled using GoodRx will automatically populate in the Medicine Cabinet, saving time and the work of entering information manually. Consumers will be able to see the prescription number, physician contact info, date of next refill and even the correct pill image so you can identify it at home. In addition, they can add prescriptions filled outside of GoodRx, so you have everything in one place.
• Rewards Program: Consumers can earn GoodRx Rewards points every time they use an eligible GoodRx coupon or pick up their refills on time, and redeem them for discounts on their prescriptions or digital gift cards from hundreds of retailers. People save when you stay healthy.

Medicine Cabinet is available today on iOS and coming soon to Android.