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

Humana Taps DispatchHealth to Power Hospital-Level Care in the Home

by Jasmine Pennic 02/01/2021 Leave a Comment

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

What You Should Know: - Humana Inc. and DispatchHealth, a provider of in-home medical care, today announced an agreement to provide Humana members with access to an advanced level of care in the home – to help enhance patients’ experience and health outcomes. The Dispatch-Humana agreement is believed to be the country’s first program to provide hospital-level care involving a national payer. - The agreement will provide members living with multiple chronic conditions – such as cellulitis,
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Tech-Enabled PBO RxBenefits Reaches $1.1B Valuation After Recapitalization

by Fred Pennic 01/19/2021 Leave a Comment

Tech-Enabled PBO RxBenefits Reaches $1.1B Valuation After Recapitalization

What You Should Know: - Private equity firm Advent International announced that it has completed a recapitalization of RxBenefits, the employee benefits industry’s first and only technology-enabled pharmacy benefits optimizer (PBO). - The transaction values RxBenefits at approximately $1.1 billion. Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced that it has completed a recapitalization of RxBenefits, the
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Transitioning from Traditional to E-Fax: How Healthcare Communications are Transforming Post-COVID

by Michael Morgan, President of Updox 01/15/2021 Leave a Comment

Telehealth After COVID-19: What's Next for the Healthcare Industry?

The majority of industries have decreased or eliminated their use of the traditional fax machine over the past decade, including aviation, retail, and even finance. While the healthcare industry is at the forefront of disease research and treatment, however, it is still heavily reliant on this aging technology.  Traditional fax has become ubiquitous in healthcare. It worked for health systems for many years, but the overwhelming volume of patient data and paper documents the healthcare
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NeuroFlow Secures $20M for Tech-Enabled Behavioral Health Integration Platform

by Fred Pennic 01/13/2021 Leave a Comment

NeuroFlow Secures $20M for Tech-Enabled Behavioral Health Integration Platform

What You Should Know: - NeuroFlow raises $20M to expand its technology-enabled behavioral health integration platform, led by Magellan Health. - NeuroFlow’s suite of HIPAA-compliant, cloud-based tools simplify remote patient monitoring, enable risk stratification, and facilitate collaborative care. With NeuroFlow, health care organizations can finally bridge the gap between mental and physical health in order to improve outcomes and reduce the cost of care. NeuroFlow, a
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Shields Health Solutions, ExceleraRx Announce Specialty Pharmacy Merger – M&A

by Jasmine Pennic 01/12/2021 Leave a Comment

Shields Health Solutions, ExceleraRx Announce Specialty Pharmacy Merger – M&A

What You Should Know: - Shields Health Solutions and Excelera announce a major specialty pharmacy merger that will form a combined company that consults with 700+ hospitals in 43 states, including Mass General Brigham, Yale New Haven, Intermountain Healthcare and Henry Ford. - The network of hospitals is designed to improve patient care through an infrastructure that helps with things like acquiring prior authorization for specialty drugs and staying adherent to them. It can also lower
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Why A Patient-First Strategy for Specialty Rx Pharmacists Is Critical to Optimize Outcomes

by Dr. Brandon Salke, PHARM.D, Pharmacist-in-charge, Optime Care 01/08/2021 Leave a Comment

Patient-First Strategy: Uses Specialty Rx Pharmacists to Maximize Orphan and Rare Disease Management, Optimize Patient Journey and Outcomes

One of the biggest challenges for biopharmaceutical companies of rare and orphan disease patient populations is optimizing disease management in a way that enhances the patient journey and improves outcomes. As these companies seek innovative solution partners, a patient-first approach that offers specialty Rx pharmacist expertise is critical for securing insurance coverage, coordinating care, ensuring compliance, and, ultimately, minimizing the daily impact of rare and orphan
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2020’s Top 20 Digital Health M&A Deals Totaled $50B

by Fred Pennic 12/31/2020 Leave a Comment

2020’s Top 20 Digital Health M&A Deals Totaled $50B

Teladoc Health and Livongo Merge The combination of Teladoc Health and Livongo creates a global leader in consumer-centered virtual care. The combined company is positioned to execute quantified opportunities to drive revenue synergies of $100 million by the end of the second year following the close, reaching $500 million on a run-rate basis by 2025. Price: $18.5B in value based on each share of Livongo will be exchanged for 0.5920x shares of Teladoc Health plus cash consideration of
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Patient-First Model: High Tech Meets High Touch for Individuals with Rare Disorders

by Donovan Quill, President and CEO, Optime Care 12/30/2020 Leave a Comment

Patient-First Model: High Tech Meets High Touch to Optimize Data, Inform Health Care Decisions, Enhance Population Health Management for Individuals with Rare Disorders

Industry experts state that orphan drugs will be a major trend to watch in the years ahead, accounting for almost 40% of the Food and Drug Administration approvals this year. This market has become more competitive in the past few years, increasing the potential for reduced costs and broader patient accessibility. Currently, these products are often expensive because they target specific conditions and cost on average $147,000 or more per year, making commercialization
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42 Recently Launched COVID-19 Vaccine Management Solutions to Know

by Fred Pennic 12/18/2020 Leave a Comment

16 COVID-19 Predictions and Trends for 2021 Executive Roundup 12-Available-COVID-19-Vaccine-Management-Solutions-to-Know-In-Depth-1

An in-depth look at twelve recently released COVID-19 vaccine management solutions as COVID-19 vaccines are being distributed nationwide. 1. Microsoft Microsoft launches a COVID-19 vaccine management platform with partners Accenture and Avanade, EY, and Mazik Global to help government and healthcare customers provide fair and equitable vaccine distribution, administration, and monitoring of vaccine delivery. Microsoft Consulting Services (MCS) has deployed over 230 emergency COVID-19
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Cerner, Banner Health, Xealth Partner to Simplify How Clinicians Prescribe Digital Health

by Jasmine Pennic 12/10/2020 Leave a Comment

Cerner, Banner Health, Xealth Partner to Simplify How Clinicians Prescribe Digital Health

What You Should Know: - Cerner Corporation today announced with Xealth new centralized digital ordering and monitoring for health systems, starting with Banner Health, to foster digital innovation. - Health systems can prescribe digital therapeutics, smartphones, and internet apps directly within the EHR to address areas such as chronic disease management, behavioral health, maternity care, and surgery prep. Cerner, today announced it’s building on the recent collaboration with
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