What You Should Know:
- Altibbi, the Middle East’s largest AI-based digital health platform raises $44 million in Series B fund funding led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures. The Series B round marks the largest single financing round for a regional Digital Health company.
- Raising more than $50M in funds since its founding in 2011, Altibbi’s diverse shareholder base also includes high-profile investors Endeavor Catalyst,
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Pharmacy | Medication Adherence Technology Services and Solutions | News, Analysis, Insights - HIT Consultant
What The Finance Industry Can Teach Healthcare About Digital Transformation
The COVID-19 pandemic feels like a once-in-a-lifetime event for those of us involved in healthcare, but the patterns of how the crisis affected our industry feel familiar.
Stop me if you have heard this before: incumbent players in a broad industry made very slow and fragmented technological advances for years with no real threat to their business. Then, a sudden and transformational event catapulted direct-to-consumer technologies, forcing the incumbents to fundamentally alter their business
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League Partners with Google Cloud to Accelerate Healthcare Consumer Experiences
What You Should Know:
- League today announced a strategic partnership with Google Cloud that aims to accelerate and enable successful digital transformation for healthcare providers, payers, pharmacy retailers and employers.
- By leveraging Google Cloud's Healthcare API, League is able to deliver a comprehensive healthcare consumer experience platform and enable the most personalized omnichannel experiences on the market. The partnership will also include the addition of the League
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House Rx Secures $30M to Optimize the Specialty Pharmacy Experience for Patients and Their Care Teams
What You Should Know:
- Today House Rx, a health technology platform that empowers oncology and rheumatology physician practices with medically integrated dispensing, announced they’ve secured $30 million in financing.
- Founded by two former Flatiron Health executives, Ogi Kavazovic and Tesh Khullar the company has partnered with four medical practices and 30 prescribers since March 2021.
House Rx, a health technology platform focused on improving
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GoodRx Acquires Pharmacy Services Platform VitaCare for $150M
What You Should Know:- GoodRx announced that it will acquire vitaCare Prescription Services, a tech-enabled pharmacy services platform that expands GoodRx’s offering to pharma manufacturers while improving patient access and adherence to affordable brand drugs.
- Over 500 million brand prescriptions are written every year, yet only half are ever filled. This acquisition will give GoodRx the tools we need to help address this problem and facilitate the brand
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Connecting the Dots – Building Data Bridges for a Better Healthcare Future
Healthcare data is increasing at an exponential rate. Approximately one-third of the world’s data volume is being generated by the healthcare industry. By 2025, the compound annual growth rate of healthcare data will reach 36% – that’s 6% faster than manufacturing, 10% faster than financial services, and 11% faster than media and entertainment.
In addition to information captured during visits with healthcare professionals, personal health information is being created by an increasingly
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FemTec Health Taps GeniusRx as Exclusive Online Pharmacy Partner for D2C Platform
What You Should Know:
- Today, FemTec Health, the leading health and beauty sciences company, announced an exclusive partnership with online pharmacy company GeniusRx that will provide Awesome Woman members access to on-demand, door-to-door prescription delivery.
- Launching later this month, Awesome Woman is FemTec Health’s consumer brand that will provide personalized health and wellness services along with products that are meaningful and effective to women at all life stages.
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Leveraging A More Impactful Analytics Strategy to Improve Your Health Plan Member CX
Healthcare organizations are increasingly eager to leverage analytics technologies, including machine learning and artificial intelligence (AI), in new ways. One telling sign of this is that the global predictive analytics healthcare market, which was valued at $1.8 billion in 2017, is projected to reach more than $8.5 billion by 2025.
But as technology evolves, it’s clear that the types and use of analytics platforms that can drive change among health plans — as well as the breadth of
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Alto Pharmacy Raises $200M to Expand Full-Service Pharmacy Delivery
What You Should Know:
- Alto Pharmacy (“Alto”), the leader in America’s rapidly expanding digital pharmacy market, raised approximately $200 million in an oversubscribed series E financing round led by returning investor Softbank Vision Fund.
Free hand-delivery to your door
Despite the pandemic, the retail pharmacy industry has been one of the slowest to use technology to improve the customer experience. Founded in 2015, Alto is a full-service pharmacy powered by a team of experts
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Pharmacy Interoperability Challenges and Needs Under the 21st Century Cures Act
As interoperability provisions from the 21st Century Cures Act (Cures Act) enter their enforcement phase, pharmacy leaders within the Pharmacy HIT Collaborative (PHIT), the U.S. Department of Health and Human Services (HHS) Office of the National Coordinator for Health Information Technology (ONC), and pharmacy system vendors met recently to discuss the state of pharmacy interoperability. The group detailed various challenges and needs associated with pharmacy interoperability, information
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