Introducing an Rx card that benefits us all
KARE Rx Card is a pharmacy discount card designed to provide patients access to more affordable medications while empowering independent pharmacies with a competitive edge in the market. KARE Rx Card is dedicated to improving patient outcomes by addressing the financial barriers that often hinder medication adherence. Our card offers seamless integration with pharmacy systems and a unique revenue-sharing model for pharmacies, ensuring a win-win solution for both patients and healthcare providers.
Increased Revenue Opportunities
KARE Rx Card generates revenue through in-network and out-of-network processing fees and rebates, which are shared with pharmacy partners. This creates a new income stream beyond traditional PBM (Pharmacy Benefit Manager) reimbursement models, helping pharmacies optimize their financial performance.
Improved Patient Affordability
With rising healthcare costs, many patients struggle with non-adherence due to high co-pays or treatment costs. The KARE Rx Card helps reduce the financial burden, keeping patients on their prescribed therapies. This not only improves patient health outcomes but also boosts pharmacy loyalty as patients remain consistent with their treatments.
Seamless Integration
KARE Rx Card is fully integrated into pharmacy management systems (PMS) and electronic medical records (EMR), making it easy for pharmacies to adopt the program. Additionally, brand recognition is enhanced through user-friendly web portals and QR code technology, ensuring a smooth experience for both patients and pharmacies.
Bhavik Patel
Bhavik serves as Chief Operating Officer for KARE Rx Card. He holds a Doctorate of Pharmacy (PharmD) from NOVA Southeastern University. Bhavik founded MSP Cares Specialty Pharmacy, spearheading operations from initial licensing to business development and propelling the company to exponential growth, ultimately achieving $74 million in annual revenue before its acquisition by CVS Health.
In his role as Director of Pharmacy Services at Better Health Group, Bhavik managed pharmacy operations for 100,000 lives, developed utilization management across Part B and Part D, and achieved 5 stars in 5 HEDIS measures for three consecutive years, showcasing his commitment to excellence and quality patient care.