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Medication| Policy, News, Analysis, Insights - HIT Consultant

M&A: CarepathRx Acquires Pharmacy Operations of Chartwell from UPMC for $400M

by Fred Pennic 12/01/2020 Leave a Comment

CarepathRx Acquires Specialty Pharmacy Operations of Chartwell for $400M

What You Should Know: - CarepathRx will acquire the University of Pittsburgh Medical Center’s pharmacy operations in a $400M deal. - The company fully integrates pharmacy operations, expands healthcare services, improves ambulatory access, minimizes clinical variation and creates new health system revenue streams. - CarepathRx serves more than 15 health systems and 600 hospitals, with more than 1,500 employees nationwide, 400 payor contracts. Already CarepathRx has treated more than
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NLP is Raising the Bar on Accurate Detection of Adverse Drug Events

by David Talby, CTO, John Snow Labs 11/30/2020 Leave a Comment

NLP is Raising the Bar on Accurate Detection of Adverse Drug Events

Each year, Adverse Drug Events (ADE) account for nearly 700,000 emergency department visits and 100,000 hospitalizations in the US alone. Nearly 5 percent of hospitalized patients experience an ADE, making them one of the most common types of inpatient errors. What’s more, many of these instances are hard to discover because they are never reported. In fact, the median under-reporting rate in one meta-analysis of 37 studies was 94 percent. This is especially problematic given the negative
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COVID-19: How Can Payers Prepare for Mandates and Support Pandemic Relief Efforts

by Elizabeth Bierbower, Former President of Humana's Group & Specialty Division 11/25/2020 Leave a Comment

Compliance and COVID: How Can Payers Prepare for Mandates and Support Pandemic Relief Efforts

Healthcare can achieve optimum efficiency when patients are at the center of care. When patients have the necessary information to navigate their care journey, they will choose the path to high-quality care at the lowest costs. Cost-sharing and insurance premiums are rising consistently since the last decade for employer plans, which covers nearly half of the country’s population. Plan members are shouldering a part of the healthcare cost burden, so they want to keep it as low as possible. At
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UCB Taps Medisafe to Develop Branded Digital Drug Companions for Antiepileptic Medications

by Fred Pennic 11/24/2020 Leave a Comment

UCB Taps Medisafe to Develop Branded Digital Drug Companions for Antiepileptic Medications

What You Should Know: - UCB has selected Medisafe to develop branded digital drug companions for antiepileptic medications, marking the company’s official entry into the digital therapeutics space. - The initial collaboration will primarily be focused on their antiepileptic medications, but they are exploring its use for additional brands.  Medisafe, a leading digital therapeutics company specializing in digital companions, has been selected by UCB to develop branded digital
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Study: Asthma Patients Maintain High Medication Adherence Using Propeller Health’s Platform

by Fred Pennic 11/19/2020 Leave a Comment

Propeller Health’s Platform

What You Should Know: - New study out from Propeller and Chicago's NorthShore University HealthSystem shows that asthma patients maintain higher medication adherence and decrease their rescue inhaler use when using a digital health platform. - The study looked at 100 patients recruited from NorthShore practices, half of whom used Propeller to manage their condition and half of whom did not. - The treatment group maintained their high medication adherence at 68%, while the control
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4 Ways to Combat Hidden Costs Associated with Delayed Patient Care During COVID-19

by Matt Dickson, VP of Product, Strategy, and General Manager, Stericycle Communication Solutions 11/06/2020 Leave a Comment

Matt Dickson, VP, Product, Strategy, and Communication Solutions at Stericycle

COVID-19 terms such as quarantine, flatten the curve, social distance, and personal protective equipment (PPE) have dominated headlines in recent months, but what hasn’t been discussed in length are the hidden costs of COVID-19 as it relates to patient adherence.   The coronavirus pandemic has amplified this long-standing issue in healthcare as patients are delaying routine preventative and ongoing care for ailments such as mental health and chronic disease. Emergency care is also
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Aptar Pharma Acquires the Assets of Respiratory Startup Cohero Health

by Fred Pennic 11/05/2020 Leave a Comment

Aptar Pharma Acquires the Assets of Cohero Health

What You Should Know: - Apstar Pharma acquires the assets of respiratory health company Cohero Health to expands its digital portfolio with a focus on respiratory disease management. - Cohero Health develops digital tools and technologies to improve respiratory care, reduce avoidable costs, and optimize medication utilization. AptarGroup, Inc., a global leader in consumer dispensing, active packaging, drug delivery solutions, and services, announces that it has acquired all operating
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Epic Pharmacy Progress Made But Gaps Remain, KLAS Report Finds

by Fred Pennic 10/22/2020 Leave a Comment

Epic Pharmacy Progress Made But Gaps Remain, KLAS Report Finds

What You Should Know: - Despite pressure to take an Epic-first approach to software decisions, many pharmacies at Epic organizations have held on to third-party products due to the relative immaturity of some of Epic’s more recently developed pharmacy solutions. - Latest KLAS report explores medication inventory management (MIM) and IV workflow management—the two areas where Epic has focused much of their development efforts—to validate what capabilities these modules deliver and where
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Cerner Releases Open Call for EHR-Integrated Voice Assist Testing Partners

by Fred Pennic 10/19/2020 Leave a Comment

Cerner Launches AI-Powered Chart Assist to Combat Physician Burnout

Cerner announces an open call for additional health systems to sign on as testing partners of their EHR-integrated Voice Assist technology. Voice Assist will allow clinicians to interact with the EHR by just using their voice. Clinicians will be able to issue voice commands to complete a range of tasks that can save significant time and reduce the administrative burden on care teams by replacing manual data documentation. How Voice Assist Technology Works  Using the phrase
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Consumers Cite Trump as Leading Driver of COVID-19 Vaccine Skepticism

by Fred Pennic 10/16/2020 Leave a Comment

Consumers Cite President Trump as Key Driver of Skepticism of COVID-19 Vaccine

What You Should Know: - 65% of patients say they will wait to receive the forthcoming COVID-19 vaccine even if it becomes available before the end, according to a new Medisafe survey. - Consumers cited greater trust in Dr. Anthony Fauci and established protocols as a leading factor in determining whether to take the vaccine, and listed President Trump as the leading detractor in driving COVID-19 vaccine skepticism and hesitancy in its effectiveness. Real-world results show users
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