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CORRECTION...by flipMD

PHILADELPHIA--(BUSINESS WIRE)--Please replace the release dated August 3, 2022 with the following corrected version due to multiple revisions.

The updated release reads:

FLIPMD LAUNCHES NEW INDUSTRY-DISRUPTING RECRUITING PLATFORM, FLIPMD HIRE

An innovative and cost-effective alternative to traditional staffing firms, the flipMD Hire platform allows healthcare companies to now recruit for full-time and temporary physician positions, in addition to consulting opportunities

Today, flipMD from GoodRx, the physician-only consulting services platform offering non-clinical medical expertise to industry partners, has announced the launch of its new physician recruiting platform, flipMD Hire (Hire).

Hire allows healthcare companies—from hospitals, to private practices, pharma, biotech and beyond—to post full-time and temporary clinical and non-clinical positions for physicians, expanding flipMD's platform beyond work-for-hire consulting engagements. Hire taps into flipMD's broad database of physicians, who in turn can refer qualified candidates within their network for these physician positions, thus eliminating the need for a recruiter or staffing firm.

"For years, flipMD has been lowering barriers for physicians and businesses to connect and innovate, and Hire is the next iteration," said Greg Hanson, flipMD's co-founder. "While the healthcare industry isn't new to staffing shortages, we've seen the COVID-19 pandemic only further exacerbate the issue. Through Hire, companies can find qualified physicians for whatever their hiring needs may be—full-time, temporary or consultancy—faster and more economically."

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This new, innovative way of bringing physician-driven recruitment to market is an alternative solution to traditional staffing firms, allowing companies to find the right candidate faster, easier and more cost-effectively. For $25,000 per placement, businesses can potentially save hundreds of thousands of dollars per applicant in comparison to conventional staffing recruitment fees. With substantial staffing shortages in the healthcare setting, it is more important than ever to connect businesses directly with qualified physicians to quickly and efficiently secure top talent to serve their respective patient communities.

In addition, Hire complements flipMD's gig economy model, serving as another source of income for physicians as their referrals are placed. With growing rates of burnout among the physician and medical community, Hire is furthering the flexible options available to physicians on the flipMD platform.

Physicians remain in control of pursuing the opportunities they choose to—whether through consulting engagements or nominating a peer as a full-time hire—maximizing their time without compromising personal time with family and friends.

For more information about flipMD, please visit flip-md.com and follow them on Facebook, Instagram and Twitter.

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About flipMD

flipMD from GoodRx offers an open, competitive marketplace for clients to seek and connect with physician consultants for non-clinical medical expertise across a wide range of industries with its easy-to-use functionality, no membership fees, and flexibility based on budgets and needs. With a national network of physicians and array of work-for-hire engagements, flipMD is the simple solution connecting physicians and clients to offer meaningful impact to patients. Visit flip-md.com for more information.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding the potential benefits of the flipMD Hire platform. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, risks relating to our acquisition strategy, the integration of acquired business and the important factors discussed under the caption "Risk Factors" in GoodRx's Annual Report on Form 10-K for the year ended December 31, 2021, and our other filings with the SEC. These factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

Contacts

Brownstein Group on behalf of flipMD
flipMDPR@brownsteingroup.com

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