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Larry Margolis, CEO and founder of PersonalRX, made it his mission to reduce medication errors and non-compliance after the tragic loss of his daughter due to a medication mistake. These errors claim 7,000-9,000 lives and costs the US healthcare system $100-300 billion every year.
Margolis envisioned PersonalRX as a mail order pharmacy with a strong focus on personalized customer care, especially for those with chronic conditions. Margolis envisions PersonalRX as a bridge between technology, healthcare, patient access, and personalization. In the past year, PersonalRX has achieved a 636% revenue growth and plans to continue its personalized approach as it grows.
Partnering with aging in place service providers and home care workers, PersonalRX has expanded beyond New Jersey and New York and aims for continued growth. The company has recently secured $17 million in funding, and plans to reach $300 million in annual revenue within five years.
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