What You Should Know:
- Capital Rx, a health technology company changing the way prescription drugs are priced and patients are serviced raises $106M in a Series C round to end drug price distortion. The Series C round was led by B Capital with participation from General Catalyst and existing investors, Transformation Capital and Edison Partners, bringing the total amount raised to $175M.
- Capital Rx will continue to invest in the technology backbone for claims processing and benefit
Read More
Pharmacy | Medication Adherence Technology Services and Solutions | News, Analysis, Insights - HIT Consultant
Scaling-Up Inclusive Healthcare Initiatives in Low- and Middle-Income Countries
Non-communicable diseases (NCDs) are on the rise in low- and middle-income countries (LMICs), increasing the financial and health burden affecting these vulnerable populations. To reverse this trend will require not only resources, but also new business models for LMICs that can overcome the barriers patients face to receiving care, such as unaffordable, unavailable, or inaccessible healthcare services and treatments, and limited awareness of disease and preventative care.
Over the past
Read More
Rural Provider Homeward Forms In-Market Partnership with Rite Aid to Support Seniors in Underserved Communities
What You Should Know:
- Homeward, the comprehensive rural care provider network launched by former Livongo titan, Dr. Jenny Schneider, has announced a partnership with Rite Aid to deliver onsite care to rural Americans, starting with Medicare.
- Homeward’s work with Rite Aid will also support the pharmacy retailer’s recently announced plans to double-down on pharmacy services, with increased focus on expansion in underserved communities. This is also Rite Aid’s first push to bring real
Read More
Komodo Health Appoints COO, Transcarent, Vytalize Health, RxBenefits, Other Digital Health Appointments
Komodo Health has named Dr. Aswin Chandrakantan as its Chief Operating Officer. Dr. Chandrakantan will also continue to serve as the firm’s Chief Medical Officer, a role he has held since 2016. Dr. Chandrakantan was one of Komodo Health’s earliest employees – following leadership roles at McKinsey and Google – and has played a central role in the company’s rapid-fire growth.
RxBenefits appoints Wendy Barnes as its new Chief Executive Officer. Barnes succeeds Bryan Statham, who served as the
Read More
LetsGetChecked Launches Virtual Consultation Offering with Healthcare Providers
What You Should Know:
- LetsGetChecked, a leading healthcare solutions company, announced today the launch of Virtual Consultation services through its secure clinical messaging platform in the company’s proprietary app.
- The new offering furthers the company’s ongoing commitment to pioneer a full lifecycle of personalized healthcare including diagnostic testing, virtual care, e-prescription, and treatment plans, all from the comfort of home.
Expanding 360-Degree Care Offering with
Read More
Hyundai Motor Group & NowRx to Explore Autonomous Vehicles for Medication Delivery
What You Should Know:
- Hyundai Motor Group (the Group), the global scale mobility provider including Hyundai Motor Company and Kia Corporation has partnered with tech-powered pharmacy NowRx on a pilot project to explore autonomous vehicles for medication delivery
- The pilot project will test and develop automated dispatch, fleet management, and other last-mile optimization technologies for same-day prescription delivery, with the possibility of testing
Read More
Former OptumRx CEO Launches Waltz Health with $33M to Lower Drug Costs
What You Should Know:
- Mark Thierer -- the former CEO of OptumRx who took that role after selling Catamaran to UnitedHealth Group for $13B, today announced the launch of Waltz Health with $35.4M led by GV (Google Ventures) including participation from Define Ventures, Echo Health Ventures, Blue Venture Fund, Byers Capital, and Twine Ventures. Other funding came from a prestigious list of seasoned healthcare executives.
- Waltz Health plans to
Read More
Physicians Say Access Challenges Impact Their Care Plans for Up to 33% of Patients
What You Should Know:
- Physicians would make a different therapy choice for 33% of patients if medication access was not a factor, and physicians had to change their treatment plan for 26% of patients due to medication access challenges, according to recent survey findings from OptimizeRX Corp.
- The results of a survey of 102 specialist physicians highlight how inefficient access pathways negatively impact patient care.
Survey Report Background
The survey, conducted in March
Read More
mPharma & TytoCare Integrate to Offer Telehealth to Pharmacies in Africa
What You Should Know:
- TytoCare, an all-in-one modular device and examination solution for AI-powered, on-demand, remote medical exams partners with mPharma, a technology-driven healthcare company building Africa's largest health management organization with a focus on making medications affordable and accessible to every African.
-The integration of the TytoCare solution into mPharma’s telehealth offerings enables pharmacies to provide patients with enhanced
Read More
Free Market Health Secures $13.5M for Advance Specialty Pharmacy Ecosystem
What You Should Know:
Free Market Health, a Pittsburgh-based healthcare technology company transforming the specialty pharmacy ecosystem with a care-driven marketplace platform, today announced its $13.5M in Series A financing led by Alta Partners and with participation from existing investors Highmark Ventures and 653 Investment Partners.
- The capital will enable the company’s team of specialty pharmacy industry experts to scale beyond the hundreds of millions of dollars in specialty
Read More
