NC MedAssist Company Market Research Report

Company Overview

• Name: NC MedAssist

• Mission of the Company: Dispense opportunities through improved health by ensuring that no eligible person in North Carolina has to choose between purchasing food or their needed medication.

• When Founded and By Whom: Founded in 1997 through the efforts of the Mecklenburg Medical Society Alliance with the assistance of a $55,000 grant from the employees of Presbyterian Hospital.

• Key People in the Company: Brenda Vass (CEO), Matt Wolf (Event Chair for 2025 Executive Luncheon)

• Headquarters: 4428 Taggart Creek Rd, Suite 101, Charlotte, NC 28208, North Carolina

• Number of Employees: No information is available

• Revenue of the Company: Last year, NC MedAssist distributed $64.9 million worth of prescription and over-the-counter medicine.

• What is the Company Known For: It is known as the only statewide non-profit pharmacy in North Carolina providing free prescription medications and over-the-counter drugs for those in need, effectively promoting health equity.

Products

• Products Offered:

• Free Pharmacy Program: Provides uninsured patients access to free prescription medications.

• High Level Description: Offers prescription medication distribution for low-income, uninsured residents.

• Key Features: Access to lifesaving, prescription medications for eligible North Carolinians, supporting individuals battling chronic illnesses.

• Mobile Free Pharmacy Program:

• High Level Description: Distributes over-the-counter medications through mobile events across the state.

• Key Features: Offers access to essentials like aspirin, allergy medicines, vitamins, allowing community members to acquire needed medications easily.

• OTC Free Store:

• High Level Description: Provides over-the-counter medications and related health supplies.

• Key Features: Enhances access to non-prescription medications, supporting community health needs.

• Transitional Jobs Program:

• High Level Description: Offers job training and employment opportunities.

• Key Features: Job training for community members with barriers to employment, supporting economic mobility.

Recent Developments

• Recent Developments in the Company:

• NC MedAssist has been actively involved in disaster relief efforts, notably responding to Hurricane Helene by providing necessary medical assistance and supplies.

• Announcement of the 2025 Executive Luncheon, with Cencora as the presenting sponsor.

• Expansion of programs delivering a total economic benefit of over $131 million for NC residents.

• New Products Launched: No specific new products were mentioned.

• New Features Added to Existing Products: No specific new features mentioned.

• New Partnerships:

• Partnerships with organizations like Atrium Health to further their community assistance programs.

• Collaboration with companies like Cencora, helping in fundraising and event sponsorship to support their mission.

NC MedAssist continues to focus on enhancing healthcare accessibility throughout North Carolina with a comprehensive range of programs aimed at reducing the healthcare burden on uninsured and low-income residents, while fostering partnerships and community involvement to sustain their initiatives.