‘We save the NHS money through our service’, says Now Healthcare CEO
With the UK market for repeat prescriptions now worth an estimated £8bn, Now Healthcare, founded in 2014, has recently invested in a £1.5m “super-hub” pharmacy to deliver prescriptions.
Business Leader spoke with the Now Healthcare CEO and founder Lee Dentith about the company’s growth and his personal ambition.
Where did your idea for the business come from?
I struggled to get a GP appointment for my son a few years back and did my research and was shocked to find the average waiting time was a week. I then set about creating Now Healthcare to allow anyone to see a GP through a digital appointment app.
It quickly evolved to offer a prescription delivery service and we have now just opened a £1.5m digital Pharmacy super-hub, so we can offer the total digital-end-end service for patients.
Why is this such a powerful idea?
We are covering so many bases with this technology. We not only help people to see an NHS GP, we also offer tele-pharmacy, so they can get their medications delivered. We save the NHS money through our service, as people with chronic health conditions can order repeat prescriptions with us, and specify only what they need, reducing wastage.
What are your ambitions for the business?
We’re reaching for the stars with this business. The team we currently have is one of the most committed and dedicated to making this happen. I have run many other businesses looking after many international clients, but it is the team’s commitment which provides me with so much excitement and enthusiasm for this worldwide growth product.
We’re going after an £8bn market in the UK alone. I believe that we have the best product in the marketplace, and we offer ultimate ease of access.
Our formidable team and product are amazing, so why shouldn’t we have a billion-pound turnover within three years?
How are you driving growth?
We are currently distributing 10,000 items per month, but we have just spent £1.5m building a super hub pharmacy that will allow us to deliver millions of items a month within the next two years. We’re already planning another one 10 times the size. And there is potential to grow into the US, where the market is worth £62bn annually.