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

mPharma & TytoCare Integrate to Offer Telehealth to Pharmacies in Africa

by Fred Pennic 04/20/2022 Leave a Comment

mPharma & TytoCare Partner 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
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Free Market Health Secures $13.5M for Advance Specialty Pharmacy Ecosystem

by Fred Pennic 04/19/2022 Leave a Comment

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
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Analysis: The Role of Compact Systems in Today’s Ultrasound Market

by Mustafa Hassan, Market Analyst at Signify Research 04/19/2022 Leave a Comment

Analysis: The Role of Compact Systems in Today’s Ultrasound Market

Much of the focus in the ultrasound market in the last few years has been on the handheld market. This is justified, considering its role in the response to the COVID-19 pandemic and the spate of innovation in the sector, both in terms of new product releases and partnerships.  As a result, there is less mention of the other ultrasound product segments, especially the compact market. However, the compact market has also been active, with the release of Fujifilm SonoSite’s SonoSite LX in February
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9am.Health Nabs $16M to Expand Virtual Diabetes Clinic Nationwide

by Fred Pennic 04/13/2022 Leave a Comment

9am.Health Nabs $16M to Expand Virtual Diabetes Clinic Nationwide

What You Should Know: - 9am.health, a San Diego, CA-based virtual diabetes clinic that delivers personalized, affordable, and compassionate care directly to consumers raises $16M in Series A funding co-led by 7Wire Ventures and Human Capital and included participation from new investors StartUp Health, Leaps by Bayer, and existing investors Define Ventures and Founders Fund. The latest round brings its total funding to date to nearly $20M. - Innovative virtual care provider is now
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AmerisourceBergen Launches $150M Corporate Venture Fund

by Corporate Healthcare Venture Capital & Investing 04/08/2022 Leave a Comment

AmerisourceBergen Launches $150M Corporate Venture Fund

What You Should Know: - AmerisourceBergen, a global healthcare solutions company, announced the establishment of AB Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with emerging healthcare startup companies working to transform healthcare for people and animals globally. - AB Health Ventures will build on AmerisourceBergen’s ongoing commitment to delivering innovation for its customers. AB Health Ventures Investment Thesis AB Health
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Q1 2022 Digital Health Funding Reaches $6B Across 183 Deals

by Fred Pennic 04/05/2022 Leave a Comment

Q1 2022 Digital Health Funding Reaches $6B, Rock Health Reports

What You Should Know: - Rock Health report reveals Q1 2022 digital health funding closed with $6.0B across 183 deals, and an average deal size of $32.8M. - Q1 2022 digital health funding was significantly behind Q4 2021’s $7.3B and the trailing twelve month quarterly average of $7.1B. Digital health funding reached a total of $6B in Q1 2022 across 183 deals, and an average deal size of $32.8M, according to Rock Health, a full-service venture fund
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Digital Health Disconnect Creates Unnecessary Roadblock to Patient Engagement

by Aaron Kaufman, EVP at Carenet Health 04/01/2022 Leave a Comment

Digital Health Disconnect Creates Unnecessary Roadblock to Patient Engagement

By all accounts, the last two years have accelerated consumer adoption of digital tools for managing nearly every aspect of our lives. Ordering takeout? Odds are good you used a digital payment method, alongside the 93% of consumers who say they’ve used tools like Venmo and Zelle over the last year. Visiting your primary care physician? There’s a good chance you had at least some interaction with a patient portal or telehealth platform. Even the
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Nurse-1-1 Raises $2.3M to Expand Conversational Marketing for Healthcare

by Fred Pennic 03/31/2022 Leave a Comment

Nurse-1-1 Raises $2.3M to Expand Conversational Marketing for Healthcare

What You Should Know: - Nurse-1-1, the first conversational marketing company for healthcare raises $2.3M in seed funding round led by Argon Ventures with participation from York IE and Hyperplane.  - The company will use the financing to expand its team, accelerate its go-to-market efforts, and scale its current partnerships with publicly traded and nationwide digital health, at-home testing, and pharma companies. Nationwide Nurse Work Through a
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Altibbi Raises $44M for Middle East AI-Based Digital Health Platform

by Jasmine Pennic 03/28/2022 Leave a Comment

Altibbi Raises $44M for Middle East AI-Based Digital Health Platform

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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What The Finance Industry Can Teach Healthcare About Digital Transformation

by Mike Serbinis, Co-Founder and CEO of League 03/28/2022 Leave a Comment

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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