In 2017, CVS Caremark established a hyperinflation drug removals program to help rein in skyrocketing pharmaceutical costs for its clients. This program reviews drug price inflation on a quarterly basis and removes drugs with especially big price tags with lower-priced, clinically equivalent alternatives.
CVS Caremark’s hyperinflation drug removal program was able to save clients more than $15 per 30-day supply, spending $88.30 on average (per 30-day supply) compared to $102.58 for those on
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Fitbit Launches Premium Subscription Service to Deliver Personalized, Actionable Guidance
Fitbit, today
announced the launch of Fitbit
Premium, a paid subscription service in the Fitbit app that uses your
unique data to deliver a personalized experience with actionable guidance and
coaching. Premium leverages insights from 10+ years of Fitbit data as well as
academic and medical expertise to help you move more, sleep better and eat well
with customized programs, advanced sleep features, personal insights, thousands
of workouts, new challenges, health reports and more – all in one
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Imprivata, Vocera Integrate for Secure and Convenient Clinical Mobile Device Authentication
Healthcare IT security company Imprivata and Vocera Communications, a provider of clinical communication and workflow solutions, today announced an integration partnership to help healthcare organizations unlock the full potential of mobility in healthcare. Combining Imprivata Mobile Device Access with Vocera Collaboration Suite, the partnership enables fast, familiar authentication into shared clinical mobile devices and the Vocera smartphone app, eliminating the burden of manual logins for
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KPMG, Coriell Life Sciences Collaborate on Pharmacogenomics Testing
Coriell Life Sciences will provide pharmacogenomic tests for clients of KPMG’s Care Continuum Optimization, a cloud-based data platform aimed at improving healthcare outcomes and guiding clinicians through transitions in care. Coriell will be running the tests on Thermo Fisher Scientific technology to provide alerts to prescribers when there is the potential for an adverse drug event tied to a patient’s genetics and recommend safer treatment options.KPMG’s Care Continuum Optimization
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NTT Data, Google Cloud to Develop Healthcare Solutions to Improve Patient Experience
NTT DATA Services, a global technology services provider, today announced a collaboration with Google Cloud to develop next-gen healthcare solutions designed to improve patient experience, while creating more efficient operations and reducing costs for providers and health plans.Collaboration DetailsNTT DATA is working with Google Cloud to deliver digital offerings in cloud, analytics and artificial intelligence that enable providers to gain better access to insights and solutions needed to
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Report: Precision Medicine Is Impossible Without AI and Machine Learning
Artificial intelligence (AI) and machine learning are driving a great deal of the healthcare innovation in precision medicine, according to a new Chilmark Research report. The report reveals achieving the full potential of precision medicine is impossible to realize without applying AI and machine learning. Specifically, leveraging advanced machine learning and deep learning technology can rapidly analyze large datasets that outperform clinicians and researchers. Precision Medicine: Making
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Healthcare Leaders See AI As Front-Runner in Reducing Risks
Healthcare leaders see artificial intelligence (AI) as the front-runner in reducing risks, while they view online media as the riskiest technology, according to results of an annual survey by The Doctor Company. Conducted at a national summit of nearly 100 healthcare leaders to address some of the most pressing issues in healthcare. To understand what concerns these leaders have and generate meaningful conversations during the summit, participants were surveyed prior to the summit.Among the key
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UIUC, Infosys Form Strategic Partnership to Develop Precision Medicine Solutions
The University of Illinois Urbana-Champaign (UIUC) and Infosys, a provider of next-generation digital services and consulting has formed a strategic partnership to develop precision medicine solutions. As part of the strategic partnership, Infosys becomes a member of the Center for Computational Biotechnology and Genomic Medicine (CCBGM). Precision Medicine Strategic Partnership DetailsThe adoption of precision medicine solutions by healthcare companies has significant benefits, including
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Healthcare Virtual Assistant Market to Reach $1.76B by 2025
The global healthcare virtual assistant market is expected to grow at a CAGR of 24.7% from 2018 to reach $1.76 billion by 2025, according to market research published by Meticulous Research.The emergence of Healthcare Virtual Assistant MarketVirtual assistants are AI and rule-based systems that interact with humans to perform various tasks. These assistants use cognitive technologies such as machine learning, natural language processing, and neural networks to enable interactive communications
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AI vs. Humans: AI Solution Beats Stanford Radiologists in Chest X-ray Diagnostics Competition
JF Healthcare, a Nanchang, China-based medical diagnostic startup is the first organization in the world to beat Stanford University radiologists in a competition designed by the Stanford Machine Learning group to compare the capability of artificial intelligence (AI) to human experts in interpreting chest x-rays.Standard Chest X-ray Diagnostic Competition ResultsThe AI team from JF Healthcare recently achieved an average AUC score (a measure of diagnostic accuracy) of 0.926 and is currently
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