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

Ro Nabs $500M to Strengthen Vertically Integrated Primary Care Platform

by Jasmine Pennic 03/22/2021 Leave a Comment

Ro Nabs $500M to Strengthen Vertically Integrated Primary Care Platform

What You Should Know: - Ro, the healthcare technology company, today announced it has raised $500 million in Series D fundraising round led by existing investors General Catalyst, FirstMark Capital and TQ Ventures, with significant participation from existing investors SignalFire, Torch and BoxGroup as well as new investors Altimeter, Baupost, Dragoneer, Shawspring, Radcliff, and 776. The Series D brings Ro’s total fundraising since its founding in 2017 to $876 million. - This news
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Canadian Online Pharmacy PocketPills Nabs $30M to Fuel Same Day Delivery Nationwide

by Fred Pennic 03/03/2021 Leave a Comment

What You Should Know: -PocketPills, Canada’s largest and fastest-growing online pharmacy, announced it has raised $30M in Series B funding, led by TELUS Ventures. The investment will be used to broaden PocketPills’ product offering and further accelerate its national expansion, with facilities opening in Quebec and Alberta that will help achieve its goal of nationwide same-day delivery. - PocketPills is a technology-first online pharmacy, and its research and development team of 30
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DispatchHealth Reaches $1.7B Valuation, Raises $200M for In-Home Care Model

by Fred Pennic 03/03/2021 Leave a Comment

DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model

What You Should Know: - DispatchHealth has secured an additional $200 million in a Series D round of funding led by Tiger Global. The additional financing brings DispatchHealth into the “unicorn” category and solidifies its valuation at more than $1.7 billion.  - DispatchHealth’s new round of financing will allow the company to bring it’s model of in-home medical care to more than 100 markets across the country
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CVS Launches Community-Based Strategy to Address COVID-19 Vaccine Education and Equity

by Strategic Partnerships 02/19/2021 Leave a Comment

CVS Launches Community-Based Strategy to Address COVID-19 Vaccine Education and Equity

What Should Know: - CVS Health unveils community-based strategy increase access to COVID-19 vaccinations for vulnerable communities and advance vaccine education while combating hesitancy. - The strategy includes a strategic partnership with Lyft to help underserved communities access vaccination appointments by providing free or discounted rides for those in need. CVS Health unveils its community-based strategy to address potential inequities related to COVID-19 vaccine access in
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LinkedIn Launches Support to Accelerate COVID-19 Vaccine Distribution

by Jasmine Pennic 02/17/2021 Leave a Comment

LinkedIn Launches Support to Accelerate COVID-19 Vaccine Distribution

What You Should Know: - LinkedIn announces it will utilize its platform to connect healthcare professionals to COVID-19 vaccination distribution volunteer and paid support opportunities with a goal of helping to slow the spread of COVID-19. - Starting today, healthcare organizations, pharmacies and governments that have hiring needs in direct support of vaccine distribution can post jobs for free on LinkedIn through May 15, 2021. These jobs include registered nurses, medical assistants and
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Health Plans Must Go Beyond the ONC Mandate and Prioritize Member Experience

by Minal Patel, CEO of Abacus Insights, Laurent Rotival, SVP, Strategic Technology Solutions & CIO, Cambia Solutions 02/10/2021 Leave a Comment

Health Plans Must Go Beyond the ONC Mandate and Prioritize Member Experience

We are all frustrated when there’s a glitch with our online banking, or if bandwidth problems interfere with streaming the movie we want to watch. Imagine how individuals will react when the results of a cancer screening don’t find their way into Apple Health or Google Health, where such information is supposed to be easy to find. Or worse, if an individual is given the wrong information about a cancer diagnosis.  An individual’s first call about missing health data or claims is going to
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Verily’s Onduo Virtual Care Solution Expands to Multi-Condition Platform

by Jasmine Pennic 02/04/2021 Leave a Comment

Verily's Onduo Virtual Care Solution Expands to Multi-Condition Platform

What You Should Know: - Verily's Onduo, known for its tech-based solution for virtual diabetes management, is launching a new multi-condition platform that matches the right care to the right consumer at the right time. The expanded virtual care platform is designed to support patients managing type 2 diabetes and hypertension, with plans for further expansion into mental and behavioral health.- In addition, Onduo has introduced multi-language support to make the virtual
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Highmark BCBS Expands Access to Freespira’s Digital Therapeutic to Help Treat PTSD, Panic Attacks

by Jasmine Pennic 02/03/2021 Leave a Comment

Freespira Secures $10M for FDA-Cleared Digital Therapeutic to Eliminate Panic Attacks, PTSD Symptoms

What You Should Know: - Health insurer Highmark expands access to FDA-cleared digital therapeutic Freespira proven to reduce the symptoms of panic disorder and PTSD for members in Pennsylvania, Delaware and Virginia. - The announcement follows a pilot study finding that nearly 9 out of 10 patients using the solution were symptom-free after treatment. Highmark Inc., the fourth-largest Blue Cross Blue Shield-affiliated organization announced it is expanding access to Freespira’s
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Epic, Galen Healthcare, Chartis Group Named 2020 Overall Best in KLAS Awards

by Fred Pennic 02/02/2021 Leave a Comment

Epic, Galen Healthcare, Chartis Group Named 2020 Overall Best in KLAS Awards

What You Should Know: - Epic was named the top Overall Software Suite for the eleventh consecutive year in the Best in KLAS 2021 Software & Services report, released today, which reports on the top vendors for 2020. Epic was also named the top Overall Physician Practice Vendor. Galen Healthcare Solutions was named the top Overall IT Services Firm. The Chartis Group earned the award of top Overall Healthcare Management Consulting Firm, edging out last year’s winner,
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Capital Rx Secures $50 Million to Redefine Prescription Pricing

by Jasmine Pennic 02/02/2021 Leave a Comment

PBM Capital Rx Secures $50 Million to Redefine Prescription Pricing

What You Should Know: - Capital Rx, the fastest-growing pharmacy benefit manager in the U.S., announced today that it has raised $50 million in Series B financing. - Following the recent launch of JUDITM, the industry’s first Enterprise Pharmacy Platform, Capital Rx will continue to expand the platform’s capabilities, including leveraging AI to improve clinical care. Capital Rx, a New York City-based pharmacy benefit manager in the U.S., announced it has raised $50 million in Series B
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