Mednow Investor Update
THE MARKET OPINION
What Does the Data Tell Us?
The Canadian healthcare system is failing to meet the expectations of today's patients,
leading to dissatisfaction, financial inefficiencies, and a decline in overall patient satisfaction.
50%
Of patients managing a
chronic illness do not take
their medication as prescribed.
48%
Of Canadians are dissatisfied
with the health care system.
1. https://add.albertadoctors.org/issues/september-october-2018/sponsored-article-2/
2.https://www.cbc.ca/news/canada/toronto/family-doctors-quitting-toronto-survey-shows-1.6653832
3. https://healthydebate.ca/2023/03/topic/millions-adults-lack-canada-primary-care
$4B
Cost/year to Canadian health
care system. With non-adherence
accounting for 5% of clinical visits.
28%
Of Canadians believe health care is in
crisis compared to 10% decade earlier.
125K
Deaths in Canada/year due to
cardiovascular medication
non-adherence.
6.5M
Canadians do not have a family
doctor or consistent clinical care.
$528B
Annual cost of RX drug-related
morbidity and mortality due to
inefficient medication therapy.
20%
Of family doctors in Toronto, ON
plan to retire in the next 5 years.
4. https://policyoptions.irpp.org/magazines/may-2023/canadian-healthcare-system-crisis-survey/
5. https://pubmed.ncbi.nlm.nih.gov/22964778/
6. https://www.ctvnews.ca/health/less-than-half-of-canadians-are-satisfied-with-provincial-health-care-survey-1.6346995
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