What You Should Know:
- The global femtech market size is expected to grow from $12.65 billion in 2022 to $22.29 billion by 2028, with an estimated CAGR of 9.9% from 2022 to 2028, according to the latest Insight Partners report.
- The report reveals that the global femtech market growth is driven by increasing demand for medical devices used in the female health industry and growing demand for technologically advanced femtech products.
Femtech Market Drivers
The Femtech market
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Cap Rx and RxSpark Partner to Lower Drug Prices Nationwide
What You Should Know:
- RxSpark, a pharmacy discount platform inked announced a new partnership with Capital Rx, a health technology company changing the way prescription drugs are priced and patients are serviced, to offer its users access to more affordable medications.
- The new partnership will ensure that RxSpark prices are now cheaper 70% of the time for the most purchased medications relative to those of competitors. While many discount cards routinely change their prices, Capital
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Imprivata Expands Its Integrated Digital Identity Platform
What You Should Know:
- Digital identity company, Imprivata, today announced the extension of its integrated digital identity platform, creating the only solution to accelerate identity intelligence through simplified visibility of user activity.
- Currently, an alarming 51% of organizations don’t monitor access to critical systems and data, making it extremely difficult to remain compliant with regulations while preventing data hacks and
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GRAIL, Carrum Health Partners to Help Employers Address Cancer Care
What You Should Know:
- GRAIL and Carrum Health announce a partnership to help self-insured employers improve care outcomes for their employees while also reigning in the rising cost of healthcare spending for this group: CANCER.
- This product integration will enable employers who offer Carrum Health benefits to provide eligible employees the Galleri test as part of the comprehensive cancer care Carrum delivers.
- Members who receive a signal detected from the Galleri test can work
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Healthfirst and MediSys Launch FHIR Platform, Hyphen
What You Should Know:
- Healthfirst and The MediSys Health Network announced today they are using Hyphen to connect longitudinal data from claims, quality measures and electronic health records (EHRs) to identify gaps in care, making it easier for clinicians to address patient needs in real-time.
- Hyphen is a cloud-based platform that uses Fast Healthcare Interoperability Resource (FHIR) standards to share member data directly into provider or hospital EHR systems, along with patient- and
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New Meta Quest Pro Enables Scientists to Step Inside Molecules Using Nanome
What You Should Know:
- Meta released details of its Quest Pro headset today. In a departure from gaming-only content, the new headset comes with Nanome, a virtual and augmented reality app that allows users to step inside and interact with molecules - helping scientists make “eureka” discoveries, and revolutionize the way students learn biology and chemistry. Nanome is available for free on the new Meta Quest Pro headset, releasing on October 25.
- Nanome helps scientists discover
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Samsung Expands Its Health and Wellness Ecosystem with New Developer Tools
What You Should Know:
- Samsung Electronics unveiled a series of new tools ahead of the Samsung Developer Conference 2022 (SDC2022) that will aid developers and communities in shaping health, wellness and safety habits for consumers everywhere.
- These developer tools include the Samsung Privileged Health SDK program for select partners, the Fall Detection API to support user safety, Samsung’s new end-to-end research solution for educational, clinical and healthcare programmers,
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Aetna Taps Emcara Health to Deliver Home-Based Primary Care to 240k Medicaid Patients
What You Should Know:
- Emcara Health and Aetna Better Health, which announced that the two companies will be partnering to deliver primary care in the home to more than 240,000 Medicaid patients in the Miami/Dade and Tampa, Florida regions.
- The relationship extends Emcara Heath’s comprehensive primary care model – which includes behavioral health and social determinants of health assessments – to adult Aetna Medicaid members.
Partnership
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Memora, Luma Partner to Offer Health Systems a Wholesale Digital Front Door
What You Should Know:
- Today, Memora Health announced a partnership with Luma Health to offer health systems a combined wholesale digital front door and patient engagement tool - which have traditionally been separate offerings.
- Together the digital health companies will offer a tool that streamlines patient communication, increases access, and ensures patients are following care plans - all while unburdening care teams from routine administrative tasks. After implementing Memora
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MEDITECH Expands Collaborative Environments
What You Should Know:
- MEDITECH announced today the expansion of MEDITECH Greenfield, now providing two collaborative environments that fuel innovation: Greenfield Alliance and Greenfield Workspace.
- Greenfield Alliance is a new partner engagement initiative for organizations with proven, interoperable products that complement, enhance, or extend the Expanse EHR.
- Greenfield Workspace - an established development ecosystem that enables our API
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