For telehealth and pharmacy platforms in the men's compounded weight-loss and HRT category.
Fella Health is a men's compounded weight-loss and health telehealth platform offering GLP-1 and adjacent men's health protocols. Combines compounded GLP-1 with testosterone-adjacent HRT in a men's-health-focused DTC model.
Men's compounded GLP-1 plus HRT is a two-pronged high-risk vertical. Testosterone is Schedule III, which pulls DEA registration into the pharmacy fulfillment side. Combined with compounded GLP-1, the platform triggers underwriting scrutiny on both product lines. Aggregators terminate the vertical structurally.
If you operate a Fella-style men's compounded GLP-1 plus HRT platform, the placement path often uses a two-MID structure separating the GLP-1 product line from the Schedule III HRT line. Each MID gets the correct MCC and its own LegitScript posture. Compounded pharmacy partner needs DEA registration for the testosterone dispensing arm.
MCC 8011 primary; MCC 5912 for pharmacy dispensing arm. Aggregator misclassifications (MCC 5734 computer software, MCC 5967 direct marketing) are what trigger post-boarding flags.
LegitScript telemedicine certification for the platform, LegitScript internet pharmacy certification for the fulfillment pharmacy. Certification runs 4 to 8 weeks with a complete packet. Clay Pay coordinates the application in parallel with the merchant account application.
Typical reserves 8 to 15 percent for GLP-1 MID, 10 to 15 percent for Schedule III HRT MID. Stripe migration recovery 70 to 85 percent MRR within 30 days per MID on Stripe migration, plus 5 to 10 percent additional in months 2 and 3 via smart retry logic.