What You Should Know:
- CitiusTech announced that it has acquired Wilco Source, an industry-leading Salesforce solutions company to expand its offerings in patient services, care management and digital front door.
- This strategic acquisition comes on the heels of Bain’s recently announced investment in CitiusTech valued above $1B. These strategic initiatives validate both CitiusTech’s track record of success and CEO Bhaskar Sambasivan ‘s strategic
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Life Sciences - Pharma | News, Analysis, Insights - HIT Consultant
Drug Price Transparency: Planning for Change
Currently, some 22 states have enacted prescription drug transparency laws that require entities across the drug supply chain to report pricing information to state officials. Designed to shed light on the true cost of drugs and to ensure that consumers and insurers aren’t being gouged, drug pricing transparency laws seek to level the playing field by delivering greater visibility into drug costs. And given the fact that prescription drug prices continue to increase, the topic of drug price
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PointClickCare & Pfizer Launches Real World Data Collaboration
What You Should Know:
- PointClickCare announced a collaboration with Pfizer Inc. to provide real-world insights for vulnerable populations at high risk of age-related disorders (including Cachexia) – further enhancing PCC’s mission to protect and support the senior population.
- With coverage approaching 70% of the long-term and post-acute care (LTPAC) market, PointClickCare is uniquely positioned to provide life sciences companies, like Pfizer, with outcomes-based evidence through
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Rising Healthcare Costs Tops Reason Patients Defer Healthcare
What You Should Know:
- Cost concerns increasingly outweighed worries about the pandemic as the top reason Americans deferred healthcare, according to a new study by Qualtrics, the leader and creator of the experience management category.
- Between 2020 and 2022 the share of consumers deferring care because of pandemic-related health concerns decreased by 11 percentage points from 28% to 17% while the share of consumers deferring care because of cost concerns grew by four percentage
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JPMorgan Establishes Life Sciences Private Equity Division
What You Should Know:
- J.P. Morgan Asset Management announced the establishment of a new life sciences private equity team, Life Sciences Private Capital.
- The new team will focus on investing in both early and growth-stage healthcare companies across multiple strategies aligned to specific market opportunities, with a focus on novel therapeutics and technologies in several target areas including Genetic Medicine, Oncology, Neurodegenerative Disease, Rare Diseases, Autoimmunity,
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3 Reasons to Implement an IDMP Solution Early
The European Union (EU) has announced guidance on the Identification of Medicinal Product (IDMP) — and pharmaceutical companies around the world should take notice. While the EU will be the first to design and implement IDMP, other countries, including the United States, will need to begin following suit. It’s imperative that companies begin evaluating what changes need to be implemented, and the sooner pharmaceutical companies act, the better.
Designed to connect data elements and
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The Desire for Cost Savings Driving Key Trends in Healthcare Market
The healthcare market underwent significant changes during the pandemic as patients rethought how they received care, including opting for more telehealth and deferred elective procedures, but patient care is now normalizing as patients return to the office. However, payers are working to reduce the cost of care to reel in healthcare costs and keep premiums lower to remain competitive, driving key changes.
Ambulatory Surgery and Home Care
Surgeries are increasingly moving away from
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Thank AI for the New Enterprise IT Solution for Global Healthcare Operations
The needs of multinational healthcare operations have outpaced the capacities of homegrown IT systems. Flexible AI-powered SaaS IT service and asset management, on the other hand, excels on a global scale.
If you’re the CIO or CTO of a transnational healthcare or life sciences enterprise that employs around 10,000 workers around the world, you want to know if your IT system is in danger of crashing – even if the alarm sounds in the middle of the night. While you’re fast asleep, a team or
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Aspen RxHealth Launches Clinical Pharmacy Services Platform for Payers
What You Should Know:
- Aspen RxHealth recently announced the launch of Alliance by Aspen RxHealth, a clinical pharmacy services model serving payers across the nation.
- For the first time, the new model will allow health plans' in-house pharmacy teams to utilize Aspen RxHealth's proprietary platform and support services to complete pharmacy consultations for their member or patient populations—eliminating the need for a sizable investment to create a homegrown
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COTA Secures New Financing to Accelerate Cancer Research and Treatment Innovation
What You Should Know:
- COTA, Inc., an oncology real-world data and analytics company, announced its latest financing by an investment fund managed by Deerfield Management and additional capital from existing investors.
- The company will use this new funding to further expand its real-world data platform and services in order to drive more efficient and inclusive drug development in oncology.
- Perella Weinberg Partners LP served as exclusive financial advisor and Goodwin Procter
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