Pre-Revenue Consumer Medication Information - SaaS

Santa Cruz, CA
Santa Cruz County


Asking Price: Annual Revenue:
$995,000 Not Disclosed

Technology: Software


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RE: Pre-Revenue Consumer Medication Information - SaaS Broker: Tom Plotkin
License #: 01484102

Quick Facts

Asking Price: $995,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: Not Disclosed
BBN Listing #: 841811895
Broker Reference #: BizEx1381-TP

Email or Print Listing

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Business Overview:

Great opportunity to purchase an active, pre-revenue SaaS Consumer Medication Information (CMI) content system with nearly 20,000 users created by a Pharmacist and Hospital Administrator. The website helps improve health literacy by bridging the medication-education gap between consumers, pharmacists, and physicians. CMI sessions for over 290 separate generic drug entities in both English and Spanish are currently available on the website.

In addition to helping make people healthier and stronger, Consumer Medication Information reduces health care costs for both pharmacies and hospitals. When pharmacies keep their patients well informed about when to take and fill their medications "DIR" charges are reduced from the insurance companies. For hospitals, a three-year study with the Veterans Health Administration - VHA reviewing over 100,000 patients determined that "meeting the needs of literacy challenged patients could produce an 8% savings of $2480 per patient per year."

The CMI Sessions are written, recorded and copyright protected. Sessions are developed following the FDA Guidance Document: Useful Written Consumer Medication Information. The CMI is a simple listening solution in plain language with printed follow-along text for those who prefer to read. Accessible on any internet device on an easy-to-use web-based application. Designed for those challenged with literacy, visual impairment, or just learning better by listening. Includes, important black box warnings, medication-specific instructions, and all other FDA recommended elements of a complete Consumer Medication Information document. The seller is open to working with the new owner.

For more information, please visit Bizex.net to complete the Buyer Registration & N.D.A. Contact: Tom Plotkin at 310.882.2200 x 127 - tplotkin@bizex.net - Lic#: 01895229

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Reason for Selling:

Focus on other interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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