What You Should Know: - MedAvail Holdings, Inc.(“MedAvail”), an innovative technology-enabled pharmacy company, today announced it has entered into a definitive agreement with CVS Pharmacy, Inc., on behalf of itself and its subsidiaries and affiliates (“CVS”), for the sale of certain assets of MedAvail’s SpotRx pharmacies (the “CVS Transaction”). - MedAvail has agreed to sell to CVS certain assets related to its SpotRx pharmacies located in Tucson and Phoenix, Arizona; Buena Park,
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Pharmacy | Medication Adherence Technology Services and Solutions | News, Analysis, Insights - HIT Consultant
Angle Health Raises $58M for Digital-First Health Insurance
What You Should Know: - Angle Health, a digital first health insurance carrier raises $58M in Series A funding, making health insurance more convenient, approachable, and affordable for employers and members. The round was led by Portage with participation from PruVen Capital, Wing Venture Capital, SixThirty Ventures, Mighty Capital, Wormhole Capital, Mindset Ventures, Crew Capital, Aloft VC, and Pilot founder Waseem Daher; and support from existing investors Blumberg Capital,
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Health Gorilla Launches Pharmacy Data, Powered by DrFirst
What You Should Know: - Health Gorilla, a Health Information Network (HIN) and leading interoperability platform launches Pharmacy Data, a new product enabling seamless access to complete medication history data from most major pharmacies. - Pharmacy Data is powered by a new partnership with DrFirst and its MedHx Population Risk Management (PRM) solution to provide deduplicated medication history from local and national data sources, including prescribing data, pharmacy
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Amazon Launches RxPass, $5 a Month for Unlimited Prescription Meds
What You Should Know: - Amazon launches RxPass, a new Prime membership benefit from Amazon Pharmacy that offers patients affordable access to commonly prescribed generic medications that treat more than 80 common health conditions. - RxPass enables Prime members can receive all of their eligible medications for one flat, low monthly fee of $5, and have them delivered free of charge. There are no hidden fees and no markups to the $5 per month subscription. - RxPass is available starting
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8 Executive Pharmacy Predictions/Trends to Watch in 2023
Frank Harvey, CEO at Surescripts Community pharmacists trusted to deliver care: In 2023, pharmacists will play an integral role as part of the team managing patient care for diseases like diabetes, hypertension, or multiple comorbidities. And to support this work, I predict that we will see more activity between payers, pharmacists, the government and technology organizations to ensure that pharmacists are able to perform these important activities and be reimbursed for their work. Greg
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M&A: Arrive Health Acquires UPMC Enterprises Pharmacy Technology
What You Should Know: - Arrive Health, a provider of real-time benefit tools and integrated solutions that improve patient affordability, today announced the acquisition of a suite of innovative patient engagement and automation technologies developed by UPMC Enterprises and the UPMC Pharmacy Network. - The acquisition adds AI-driven virtual assistant technology and a robust patient management system to its affordability offerings, expanding support for more than 200 million
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KLAS IV Workflow Management 2022: Functionality Drives Recent Purchases
What You Should Know: - Health systems rely on IV workflow management solutions to streamline and improve pharmacy operations. Functionality has emerged as the most important criterion for prospective clients; however, no vendor meets all customer needs and performs at a high level, and each customer base notes gaps in functionality. - To understand which solutions are being selected and why and help provider organizations select solutions that meet their unique needs, this new
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80% of Healthcare Execs Want Complete Clinical Data From Other EHRs
What You Should Know: - Health Gorilla, a Health Information Network and interoperability provider, released it's inaugural 2023 State of Interoperability report today to understand how healthcare decision-makers are approaching their clinical data strategies in light of patient privacy concerns and new federal regulations. - The study, conducted in collaboration with Flexpa and the Health Management Academy, found that 60% of health systems report duplicative or incomplete data retrieved
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22 Executive Digital Health Predictions to Watch in 2023
Jon Bloom, MD, CEO and Co-founder of Podimetrics From a digital health perspective, 2022 was a reset year for many and a serious reality check. We went from sky high growth to the sky is falling, and in 2023 I think this market correction movement will continue forward. To me, the biggest surprise of 2022 was that despite the market tanking, digital health companies continued to truck forward with huge deals. This includes massive acquisitions like Amazon and OneMedical, as well as deals like
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The Important Role of Community Pharmacy in 2023
The healthcare landscape continues to shift as we emerge from an uncertain and continuously-evolving pandemic. Technology is playing a vital role in giving people access to necessary services and, as a part of this technology shift, community pharmacies are stepping up in order to better serve the public. Pharmacies in America were once little more than glorified convenience stores, where one could pick up anything from dishwashing detergent to a Twix bar (and stop and get their
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