Boone Drug

What Boone Drug does

Boone Drugs, Inc. is a privately held, family-owned independent retail pharmacy founded in 1919 in Boone, North Carolina, operating 13+ community pharmacy locations plus Mission Pharmacy across Western North Carolina and Eastern Tennessee. The company dispenses prescription medications and offers a layered portfolio of adjacent clinical and healthcare services, including immunizations (including a registered CDC Yellow Fever Vaccination Center at the Deerfield location), point-of-care clinical testing with treatment pathways delivered through partnerships with MakoRx Care Connect and Foxfire Health PLLC, durable medical equipment and mobility scooters (under a Pride Mobility reseller arrangement), respiratory care and home oxygen services, medication compounding, and Medicare consulting. Differentiated offerings include an EnhancedMed medication synchronization program, a freemium LocalSaveRx prescription discount card offering up to 80% savings, and a Free Vitamin Program distributing monthly multivitamins at all locations.

The operating model is built on the PioneerRx pharmacy management platform (rolling out across all locations beginning September 2025) and the RxLocal patient portal and mobile app for prescription refills, secure messaging, and medication reminders. Distribution is anchored by physical storefronts in rural Appalachian communities, with drive-thru windows at select locations, delivery and home-setup services for DME, and in-pharmacy clinical testing. Boone Drug participates in the Community Care of North Carolina Community Pharmacy Enhanced Services Network (CPESN), enabling care coordination, comprehensive medication reviews, and patient care plans beyond standard dispensing.

Revenue is generated predominantly through per-transaction prescription dispensing fees, vaccine administration, DME hardware sales and rentals, managed respiratory services, and professional service fees (Medicare consulting), with a freemium savings card used to drive prescription volume. The customer base is horizontal and decentralized across Medicare beneficiaries, mobility-impaired, respiratory care, and travel-medicine patient segments, served via direct-to-consumer walk-in and digital channels rather than enterprise contracts. The company is led by President and owner Corey Furman, who assumed the role in 2016 continuing multi-generational family stewardship from founders G.K. Moose and the Richardson and Miller families.

Name

Boone Drug

Legal name

Boone Drugs, Inc.

Website

https://boonedrug.com

Company type

Private

Founded year

1919

Operating status

Operating

Headcount range

11–50 employees

Short description

Boone Drugs, Inc. is a family-owned independent community pharmacy operating 13+ locations across Western North Carolina and Eastern Tennessee since 1919, dispensing prescriptions and offering clinical testing, immunizations, durable medical equipment, and respiratory care to rural Appalachian communities.

Ownership category

akta.pro rank

Product category

Retail Pharmacy Services

NAICS

Pharmacies and Drug Retailers (456110), Pharmacies and Drug Retailers (45611)

SIC

Retail-Drug Stores And Proprietary Stores (5912)

akta.pro primary industry

Medication Education, Counseling & Side-Effect Monitoring (HSABALAJ)

akta.pro secondary industries

Compounding & Customized Medication Management Support (HSABALAL), Pharmacy & Health Essentials Delivery (CRAFAFAI)

Keywords

• Retail pharmacy services
• Prescription dispensing
• Durable medical equipment
• Immunization services
• Medication management

Headquarters

HQ city

Boone

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Prescription Medications: Traditional pharmacy dispensing of prescription medications to patients. Revenue generated through prescription fills, including refills and new prescriptions.
2. Immunizations and Vaccines: Administering vaccines including COVID-19, flu, yellow fever, pneumonia, shingles, TDAP, MMR, hepatitis, meningococcal, typhoid, and rabies vaccines. Walk-in basis with some by appointment.
3. Clinical Testing Services: Point-of-care testing including COVID-19, flu, strep, and antibody tests. Partnered with Foxfire Health PLLC for treatment options for positive test results.
4. Home Medical Equipment (DME): Sales and rental of durable medical equipment including mobility scooters, hospital beds, wheelchairs, walkers, oxygen systems, C-PAP machines, and other home healthcare equipment.
5. Respiratory Care Services: Oxygen concentrators, portable oxygen tanks, liquid oxygen systems, tracheostomy supplies, C-PAP machines, overnight oximetry studies, and respiratory home visits.
6. Medicare Consulting: Free Medicare consultations to help patients navigate Medicare coverage and benefits.
7. Prescription Discount Card (LocalSaveRx): Free prescription discount card program offering up to 80% savings on prescription medications. Revenue generated through pharmacy transaction volume.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Boone Drug operates a multi-location community pharmacy providing prescription dispensing and compounding, immunizations (including yellow fever), medication synchronization, clinical testing (COVID-19, flu, strep), durable medical equipment (mobility scooters, oxygen systems, hospital beds), respiratory care, and home medical equipment with delivery and setup. The company functions as an independent retail pharmacy plus adjacent healthcare services provider serving Western North Carolina and Eastern Tennessee.

Product overview

Boone Drug is an independent, family-owned pharmacy network operating multiple locations across Western North Carolina and Eastern Tennessee. The company's product portfolio centers on its full-service pharmacy (prescription dispensing, compounding, immunizations, medication synchronization via EnhancedMed/MedSync), supplemented by clinical services (respiratory care, clinical testing with treatment options through partnerships with Foxire Health and MakoRx, vaccinations including yellow fever), durable medical equipment (mobility scooters, home medical equipment), patient wellness programs (Free Vitamin Program), and digital tools (Pill Identifier, Drug Information, RxLocal patient portal and mobile app, LocalSaveRx prescription discount card). The offering functions as a multi-location pharmacy plus adjacent healthcare services model rather than a unified software platform.

Differentiator

Problem solved

Functional benefit

Brands

• LocalSaveRx: Free prescription discount card offering up to 80% savings on prescription medications at Boone Drug locations.

Products and services

• Vaccinations Walk-in immunization services at multiple Boone Drug locations including COVID-19, Flu, Yellow Fever (by appointment at Deerfield), Pneumonia, Shingles, TDAP, RSV, MMR, hepatitis, meningococcal, typhoid, and rabies vaccines for the general public.
• Clinical Testing and Treatment Rapid testing for COVID-19, Flu A/B, Strep A with treatment options for positive Influenza or Strep results provided through partnerships with Foxfire Health PLLC and MakoRx Care Connect. Available for patients 5 years and older at multiple Boone Drug locations.
• Enhanced Pharmacy Services (CPESN) Enhanced pharmacy services through CPESN network including medication synchronization, comprehensive medication reviews, patient care plans, medication compounding, durable medical equipment, and immunizations for community-based population health management.
• Medication Synchronization (MedSync / EnhancedMed) Coordinated refill program (EnhancedMed) that synchronizes all a patient's medications to fill on the same day each month, with a pharmacist contacting the patient approximately one week prior for medication review. Designed to improve adherence and reduce the number of pharmacy trips.
• Respiratory Care Services Comprehensive respiratory services including oxygen concentrators, portable oxygen tanks, liquid oxygen systems, tracheostomy supplies, CPAP machines and supplies, overnight oximetry studies, incentive spirometry units, and 24-hour emergency service for respiratory patients.
• Home Medical Equipment (DME) Sales and rental of durable medical equipment including adult diapers, blood pressure cuffs, diabetic supplies, mastectomy products, wheelchairs, hospital beds, oxygen systems, nebulizers, and breast pumps. Includes home delivery, fitting, and patient instruction services.
• Mobility Scooters Sales and rental of mobility scooters and Jazzy power chairs from Pride Mobility at the Boone Drug at Deerfield location. The only local mobility scooter provider in the High Country region.
• Service and Repairs Service and repair for home medical equipment including lift chairs, electric beds, and most durable medical equipment, with full-time staff providing delivery, setup, and patient instruction in Watauga, Ashe, Alleghany, Avery, Wilkes, Caldwell, Mitchell, Yancey, and McDowell counties in NC.
• Medicare Consulting Free Medicare consultation services helping patients navigate Medicare coverage options for their pharmacy and healthcare needs, including Part D optimization.
• Free Vitamin Program Free monthly supply of Good Neighbor Pharmacy Complete Multivitamins (children, adults, seniors, and pre-natal formulations) available at all Boone Drug locations at no cost to the customer.
• LocalSaveRx Prescription Discount Card Free prescription discount card program offering savings of up to 80% on prescription medications at Boone Drug locations. No registration, fees, or personal information required. Can be used alongside Medicare for better pricing.
• RxLocal Patient Portal Online patient portal (RxLocal) enabling patients to refill prescriptions, transfer prescriptions, register as new patients, access medication reminders, and manage their pharmacy account.
• RxLocal Mobile App Mobile application for iPhone and Android devices enabling patients to refill prescriptions securely, message the pharmacy directly, set medication reminders, and access health resources.

Quantifiable outcome

• Up to 80% savings on prescription medications through LocalSaveRx program
• +1 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Community Care of North Carolina (CPESN)coreStrategic or Co-development Partner · 1 January 2016In 2016, Boone Drugs joined the Community Care of North Carolina Community Pharmacy Enhanced Services Network (CPESN). This network involves community pharmacies providing enhanced services in population health management to better serve local community patrons. Boone Drug provides enhanced pharmacy services including medication synchronization, comprehensive medication reviews, patient care plans, and care coordination.
• Foxfire Health, PLLCcoreTechnology or IntegrationBoone Drug partners with Foxfire Health, PLLC to provide clinical testing services with treatment options. Positive test results for Influenza A/B and Strep are reviewed by Foxfire Health and medication is prescribed when appropriate. Patients 5 years of age and older are eligible for testing and treatment services.
• MakoRxcoreStrategic or Co-development PartnerBoone Drugs partnered with MakoRx (MakoRx Care Connect) to provide clinical testing and treatment services at many Boone Drug locations. Services include Flu A/B and Strep A testing with doctor consultation. Boone Drug locations offering MakoRx Testing and Treatment include Crossnore, East Burke, Halsey, King Street, Medical Arts, New Market, and Warrensville.
• Pride MobilityminorChannel Partner/ Reseller/ DistributorBoone Drug serves as a reseller and service provider for Pride Mobility scooters and products. They are the only local mobility scooter provider in the High Country and carry Pride Mobility scooter models, Jazzy power chairs, and related accessories.

Scale indicators4 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Genoa Healthcare: Specialty and community pharmacy operator with extensive enhanced clinical service capabilities serving patients with chronic and behavioral health conditions; comparable to Boone Drug's CPESN-aligned enhanced pharmacy services and rural community care positioning.
• Kinney Drugs: Family-owned regional pharmacy chain serving upstate New York and Vermont with retail pharmacy, immunization, DME, and clinical service offerings directly comparable to Boone Drug's product mix and community positioning.
• Thrifty White Pharmacy: Mid-size regional independent pharmacy chain operating across the Upper Midwest with comparable offerings in prescription dispensing, immunizations, MedSync, and home medical equipment; closely mirrors Boone Drug's family-owned, multi-location independent model.
• Good Neighbor Pharmacy: AmerisourceBergen's independent pharmacy network serving community pharmacies nationwide; highly comparable to Boone Drug because Boone Drug distributes Good Neighbor Pharmacy-branded multivitamins and shares the same community-pharmacy, patient-counseling model.
• Health Mart: McKesson-owned network of independent community pharmacies; comparable to Boone Drug as a regional independent chain offering enhanced clinical services, immunizations, and MedSync-style adherence programs to similar rural and small-town patient populations.

Broad incumbents

• Walgreens: National retail pharmacy chain with comparable prescription, immunization, and clinical service lines; a major competitor for prescription volume in Boone Drug's service area but with significantly broader portfolio and scale advantages.
• CVS Pharmacy: National retail pharmacy and PBM giant offering prescription dispensing, vaccinations, clinical services, and MinuteClinic; competes with Boone Drug in overlapping NC/TN geographies but operates at vastly greater scale and breadth.
• Walmart Pharmacy: Mass retailer pharmacy embedded in Walmart Supercenters across the U.S., including locations in Boone Drug's Western NC and Eastern TN trade area; competes on convenience, hours, and $4 generic pricing.

Emerging players

• Amazon Pharmacy: Direct-to-consumer mail-order pharmacy offering prescription delivery and Prime-integrated pricing; an emerging disruptor of community pharmacy volume, particularly for chronic-maintenance medications where Boone Drug's traditional dispensing revenue is exposed.
• Mark Cuban Cost Plus Drug Company: Transparent, low-cost mail-order pharmacy competing on price transparency across generic and branded medications; competes with Boone Drug's LocalSaveRx-style discount positioning on out-of-pocket prescription spend.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/boone-drug

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Boone Drug