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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Pharmacy | Medication Adherence Technology Services and Solutions | News, Analysis, Insights - HIT Consultant
Cap Rx and RxSpark Partner to Lower Drug Prices Nationwide
What You Should Know:
- RxSpark, a pharmacy discount platform inked announced a new partnership with Capital Rx, a health technology company changing the way prescription drugs are priced and patients are serviced, to offer its users access to more affordable medications.
- The new partnership will ensure that RxSpark prices are now cheaper 70% of the time for the most purchased medications relative to those of competitors. While many discount cards routinely change their prices, Capital
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Health IT for Emerging “Payviders”
Though doubts about the benefits of the “payvider” model certainly exist, the success of recent payer-provider partnerships showcases the potential of these programs to improve the patient and provider experience. A study of Aetna’s integrated program, for example, found that plan members could realize significant savings for high-cost chronic conditions and experience fewer hospital admissions. A similar report from Cigna echoed these conclusions, finding that integrated benefit plans resulted
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State Price Transparency Requirements Are No Longer Cut and Paste
For pharmaceutical manufacturing firms, the amount of documentation required around state price transparency regulations continues to expand. As it now stands, more than 22 states have transparency laws on the books, and each of these states requires a complicated and diverse set of reporting information, which was not the case five years ago.
These transparency requirements – including the need to provide data in different formats and on different dates due to “triggering events” – mean that
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Bridge The Health Literacy Gap for Your Patients With These Top Tips
According to the National Assessment of Adult Health Literacy, only 12% of adults in the U.S. have proficient health literacy skills.
Healthcare is a unique industry because it is wide-ranging yet highly personalized. Health literacy is important for patients, physicians and their communities. Each of these groups comes together to improve health systems and patient care, which is why mutual understanding and clear communication is vital to patient outcomes. Below, we discuss recommendations
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Prescryptive Health Acquires Full-Service PBM Northwest Pharmacy Services
What You Should Know:
- Prescryptive Health, a health tech company empowering consumers with prescription drug pricing data, has acquired Northwest Pharmacy Services Inc, a full-service, non-profit Pharmacy Benefit Manager. NWPS serves over 44,000 members in the Pacific Northwest.
- As part of this new acquisition, NWPS members will have access to Prescryptive's exclusive blockchain-powered mobile solution, bringing transparency, choice and control over prescription drug pricing.
- All
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Report: The State and Science of Value-Based Care
What You Should Know:
- Providers believe 96% of payment is now value-based in some capacity, and 58% believe their EHR vendor won’t be able to support the data strategies required to thrive under value-based care, according to a new study conducted by Morning Consult and Innovaccer.
- The 37-page national research study uncovers key IT infrastructure issues healthcare leaders said are impeding or essential for progress towards accelerating their transformation to value-based
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Pharmacogenomics: The Key to Unlocking the Future of Personalized Healthcare
Pharmacogenomics—the study of genetic influences on an individual's response to therapeutic medications—is an area of personalized medicine that is gaining momentum. Although pharmacogenomics has been around for a while, providers, health plans, pharmacists and legislators are developing a greater appreciation for its potential benefits and applications.
How Can Pharmacogenomics Improve Outcomes?
By considering a person’s DNA in treatment options, providers can determine how an
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Connected Pharmacy MedMinder Raises $35M for Polypharmacy & Senior Patients
What You Should Know:
- MedMinder, a provider of connected pharmacy care for polypharmacy and senior patients, announced it has closed an additional $35 M in funding through a credit facility with SWK Holdings Corporation and additional investment from existing equity partner, Accelmed Partners.
- The additional funding will allow MedMinder to further its mission of enabling patients to age at home by increasing its capacity to meet growing demand, offering its holistic pharmacy services
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How Service Line Alignment Can Improve Cost Savings for Health Systems
Healthcare leaders continue to face new and complex challenges in a constantly evolving landscape, including staffing and capacity constraints, product shortages, and rising costs. These shifting demands change the expectations put on hospitals when it comes to both patient care and financial performance. As we’ve observed, this uncertainty was further amplified by the COVID-19 pandemic, which shined a light on many opportunities for improved financial and clinical operations across the
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