The Institute honors companies that are making a difference in the health and benefit management arena. This award recognizes true innovators in the health care industry.
In announcing the award, the Institute for HealthCare Consumerism states BidRx® is exactly what the name implies: one part auction, one part pharmacy. The online platform, which allows both retail and mail-order pharmacy to post competitive drug prices, has created a veritable market out of an industry know for complicated, discreet pricing."
"This functional marketplace can save consumers more than 50 percent off prescription drug prices and has the potential to create real competition in the prescription drug market. As an industry innovator, BidRx® might bring about cost transparency, consumer empowerment and economic competition needed to create long overdue changes in how we purchase prescription drugs in this country."
"Today, with companies potentially shifting more and more health costs onto the employee, BidRx's easy-to-use online marketplace drastically reduces the costs of prescription drugs, which should be a huge asset to employers and employees alike."
For more information, visit www.BidRx.com or contact BidRx® at 920-230-6200.
The Institute for HealthCare Consumerism publication listing all SuperStar Award Winners for 2011 can be read at: http://issuu.com/theihcc/docs/ihc-superstars11-web_2_Press Release as a PDF document