Company Research Report: Luscinia Health
Company Overview
- Name: Luscinia Health
- Mission: To enable people to make better healthcare decisions by providing straightforward ways to save money on prescription drugs and improve adherence.
- Founded: 2006
- Founders: Paul Thomas, Stephen Thomas
- Key People:
- Paul Thomas: CEO, Co-founder
- Stephen Thomas: COO, Co-founder
- Keith Jacobs: President
- Headquarters: 9070 Gleannloch Forest Dr., Spring, Texas 77379, USA
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: Luscinia Health is known for providing technology-enabled benefits management to fill gaps in prescription coverage. Its primary offering is RefillWise, a platform aimed at delivering better deals on drugs through savings and adherence tools.
Products
Simple Savings Card
- Description: An open formulary pharmacy discount card designed to help consumers get the best prices on prescriptions that are not covered by insurance.
- Key Features:
- Provides significant discounts on a wide range of medications.
- Accessible to a broad audience due to its open formulary nature.
RefillWise
- Description: An interactive pharmacy discount platform with integrated price-transparency tools and a rewards program.
- Key Features:
- Offers up to 80% savings on prescription drugs.
- Includes a rewards mechanism that allows users to earn cash rewards.
- Introduces "RefillWise by Text" for enhanced user engagement and ease of use.
- Supports more than a million users across the United States.
Recent Developments
- New Products/Features:
- Launch of "RefillWise by Text," allowing users to manage their savings and rewards via text messages.
- Partnerships: No information is available.
- Other Developments:
- The company continues to address the healthcare debate and rising medical costs by leveraging its technology and user-centered solutions to simplify and reduce costs in the prescription drug market.
Conclusion
Luscinia Health, through its innovative and straightforward approaches, has carved a significant niche in managing prescription drug costs. Its dedication to user-centered design and data science drives its development of accessible tools that enable better healthcare decisions while fostering savings and adherence.