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Pharmacy | Medication Adherence Technology Services and Solutions | News, Analysis, Insights - HIT Consultant

State Price Transparency Requirements Are No Longer Cut and Paste

by Kyle Forcier, Sr. Director, Life Sciences Product Marketing at Model N 10/05/2022 Leave a Comment

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

by  Doreen DeGroff, MEDITECH Senior Product Director, CereCore 09/29/2022 Leave a Comment

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

by Jasmine Pennic 09/27/2022 Leave a Comment

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

by Fred Pennic 09/16/2022 Leave a Comment

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

by Sobha Pisharody, PhD, Chief Strategy & Product Officer, InformedDNA 09/07/2022 Leave a Comment

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

by Syed Hamza Sohail 08/31/2022 Leave a Comment

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

by Damian Chipriano, Director of Financial Services at Carilion Clinic 08/25/2022 Leave a Comment

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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Glytec and CPS Integrate to Provide Evidence-Based Glycemic Management

by Syed Hamza Sohail 08/24/2022 Leave a Comment

Glytec and CPS Integrate to Provide Evidence-Based Glycemic Management

What You Should Know: - Glytec recently announced that it has been selected by CPS Solutions, LLC (CPS), a leading provider of enterprise pharmacy solutions to hospitals and health systems, to serve as an insulin management technology resource for CPS’ more than 2,200 pharmacy professionals across 800-plus healthcare facilities nationwide. - Through this collaboration, CPS client facilities may contract for Glytec’s eGlycemic Management System® (eGMS) and Glytec’s technical resources to be
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Health-Tech C2Q:22 Preview: 5 Key Driving Factors to Watch

by Syed Hamza Sohail 08/23/2022 Leave a Comment

Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020

What You Should Know: - David Larsen, healthcare IT and digital health analyst at BTIG published a note highlighting his preview for health-tech Q2 earnings. - Given high inflation rates, costs for traveling nurses, and light volumes in 2Q:22, he is cautious on stocks that sell into the acute care market in the near term. An Overview According to the report, there are many macro headwinds that continue to affect the HCIT sector and the broader market, including inflationary pricing
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POGO Blood Glucose Monitoring Now Available in Kroger Health Pharmacies Nationwide

by Jasmine Pennic 08/23/2022 Leave a Comment

POGO Blood Glucose Monitoring Now Available in Kroger Health Pharmacies Nationwide

What You Should Know:  - Intuity Medical, Inc., a commercial-stage medical technology and digital health company focused on making life with diabetes easier, today announced that the POGO Automatic® Blood Glucose Monitoring System is now available at the more than 2,200 U.S. pharmacies of Kroger Health, the healthcare division of The Kroger Co.  - With POGO Automatic Monitors and Cartridges now available at all Kroger Health pharmacy locations, the simplicity of One-Step testing
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