pharmacy benefit management
Capital Rx Closes $50M to Expand Pharmacy Benefits Administration Platform
What You Should Know:
- Capital Rx, an NYC-based full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA) raised $50M with participation from more than 10 of the leading health systems in the nation, including Atlantic Health System, Banner Health, Hawai’i Pacific Health, Inova Health System, Lehigh Valley Health Network, Memorial Hermann Health System, Nebraska Medicine, Novant Health, Ochsner Health, and WellSpan Health, among others, as well as
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Flume Health Launches Tool to Remedy Health Insurers’ Fatigue
What You Should Know:
- Flume Health, a healthcare technology company for payer operations launches Flume Relay to systematize the complex solution integration process involved in designing, launching, and administering a health plan.
- Flume Relay aims to solve payers’ greatest limitation: the integrations and real-time data exchange with the plethora of vendors and systems that make up a health plan.
Health Plan Vendor Fatigue
Health plans are experiencing vendor fatigue at an
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RxBenefits Acquires Pharmacy Benefits Consulting Firm Confidio
What You Should Know:
RxBenefits, an employee benefits industry’s first and only technology-enabled pharmacy benefits optimizer (PBO), today announced an agreement to acquire pharmacy benefits consulting firm, Confidio
- The deal will bring together two premier, complementary providers of pharmacy benefits services, further advancing the organizations’ strategic vision to deliver an affordable prescription benefit to both plan sponsors and healthcare consumers.
- Founded in
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Capital Rx Secures $50 Million to Redefine Prescription Pricing
What You Should Know:
- Capital Rx, the fastest-growing pharmacy benefit manager in the U.S., announced today that it has raised $50 million in Series B financing.
- Following the recent launch of JUDITM, the industry’s first Enterprise Pharmacy Platform, Capital Rx will continue to expand the platform’s capabilities, including leveraging AI to improve clinical care.
Capital Rx, a New York City-based pharmacy benefit manager in the U.S., announced it has raised $50 million in Series B
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Philips and BioIntelliSense Integrate to Enhance Remote Patient Monitoring
What You Should Know:
- Philips integrates the BioIntelliSense FDA-cleared
BioSticker™ sensor as part of its remote patient monitoring solutions for
patients outside the hospital.
- Multi-parameter sensors aid monitoring across multiple chronic conditions with medical-grade vital signs for physicians to remotely track core symptoms, including COVID-19.
- Healthcare Highways is the first to leverage the BioSticker sensor as a part of Philips’ RPM program in the U.S.
Philips,
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CVS Health Adds Livongo, Hinge Health to its Point Solutions Management Offering
What You Need to Know:
- CVS Health today announced five new health and well-being point solutions available through Point Solutions Management after a comprehensive clinical, security and business evaluation process.
- These solutions address healthcare costs and support clinical outcomes in key areas, including chronic condition management, musculoskeletal health, stress reduction, and mental health management and caregiver support.
- The latest offerings include apps like Livongo
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CVS Health Partners with Big Health to Help PBM Clients Manage Health and Wellness Benefit Solutions
CVS Health today announced
the availability of Vendor Benefit Management, a new service developed to help
CVS Caremark pharmacy benefit management (PBM) clients more easily contract,
implement and manage their choice of available and emerging third-party health
and wellness benefit solutions – both digital and non-digital. This new service
offers clients a seamless way to access negotiated pricing, standardized member
eligibility verification in real-time, simplified billing and
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As More Americans Suffer from PTSD, Digital Health Solutions Offer Hope
With deadly attacks in our communities and schools becoming more commonplace, increasingly more common natural disasters, and a number of military conflicts in the last decade, it’s no surprise that 70 percent of U.S. adults have experienced a traumatic event in their lifetime. Of those, twenty percent go on to develop post-traumatic stress disorder (PTSD), a mental health disorder that affects a person’s thoughts, emotions, and even physical wellbeing.
PTSD—which occurs when people experience
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Express Scripts to Acquire EviCore for $3.6B to Broaden Its Reach Beyond Prescription Drugs
Express Scripts, a St. Louis-based integrated pharmacy benefit management services provider, announced it has acquired eviCore healthcare, a provider of evidence-based medical benefit management services for $3.6 billion. For Express Scripts, the acquisition will combine its pharmacy benefit management offering and eviCore's highly complementary medical benefits management (MBM) platform to create a uniquely comprehensive patient benefit management solution. In addition, the acquisition of
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