December Was a Strong Month for Cherry Street Pharmacy
Over the short month, I’m proud to announce Cherry Street Pharmacy has reached important milestones for our business. In fact, we’ve accomplished so much early on this month, it felt like the holidays came early for my team.
As our biggest advocates and partners in business, I’m excited to announce the following updates to you today:
Cherry Street’s Pharmacy’s Saved Patients Over $100K in Co-Pays
2020 was an unprecedented year.
With millions of people trying to survive the new norm, we knew our business model was perfectly positioned to help those in need. Through our Cherry Care Program, prescription coupons, and Cherry Street Points Program, we were able to make healthcare more accessible to those that need it most.
Related: How We Saved Our Patients Over $100K in Prescription Costs in 2020
Cherry Street Pharmacy Has Started Testing For COVID
Over the holidays the US has experienced a spike in COVID. Though we advocate for everyone to stay home and social distance during the holiday season, we find many people are still getting together to celebrate.
As a result, we’ve started offering COVID point of care testing. We now offer the rapid SNAP test and lab testing to our patients and to the general public who need it.
We will also start offering COVID vaccinations in January when our location is approved and our shipment arrives.
Cherry Street Pharmacy Signed a Partnership With Tulare County
This month we signed an agreement with Tulare to provide pharmacy and medical services for the county’s institutional patients. We’re excited to support Tulare even more through this partnership while also creating an additional revenue stream.
Our New Pharmacy in Cutler is Approximately 50% Complete
In the past few months, my team has worked relentlessly to get our second location off the ground. We’re approximately halfway done with construction and will be up and running no later than March 2021.
We were able to get our new shelving in this week!
I’ll have pictures of the location shortly, but I also wanted to share the pharmacy building designs to start to give you an idea of what it will look like.
The new location also has its Medicare contract and is currently waiting on Medicaid and private insurance, which should be complete by the end of March 2021.
Cherry Street Pharmacy Started Mail Order Shipping For New Customers in The Bay and LA
Word-of-mouth marketing is up 50% due to the nature of our Cherry Care program which offers between 80% to 100% discounts on prescription co-pays.
We’re starting to get pharmacy changes and prescription refill orders from patients who live in the bay area and LA. To accommodate those patients we’ve started mail ordering prescriptions.
I can’t express enough how thrilled we are to continue to expand our patient base outside of our direct geographical location.
Again, thank you so much for being our biggest advocates for our business success! I hope you’re as excited to hear these updates as I am telling you.
We’ve hit some major milestones, but you know what would be the best way to close out 2020 strong?
Hitting $100K in our raise before the new year, and we want to do it with you! Here’s how you can help:
● Consider re-investing at this time. Even an additional $100 makes an impact.
● Share our raise page and investor presentation with your network.
● Spread awareness about our cause and Cherry Care Program
● We’re Live on MicroVentures! Raising Funds to Create The One Stop Pharmacy
● Why Medication Copay Assistance Has Never Been More Necessary
● Cherry Care: Our Commitment to Prescription Access and Co-Pay Assistance
As the company continues to expand and meet goals, now is the time to join our momentum! We look forward to hitting our $100K goal and sharing more major milestones with you shortly.