What You Should Know:
- Lightspeed Venture Partners, the VC behind Nest and GrubHub, is leading a $10 million round for Freespira, an FDA-cleared digital therapeutic proven to significantly reduce or eliminate panic attacks and PTSD symptoms by training users to normalize respiratory irregularities.
- In 28 days, Freespira can reduce or eliminate panic
attacks and PTSD symptoms from home with just a tablet, sensor, and custom app.
There’s no medicine with possible side effects and no need
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Pharmacy | Medication Adherence Technology Services and Solutions | News, Analysis, Insights - HIT Consultant
M&A: Ro Acquires On-Demand, In-Home Platform Workpath
What You Should Know:
- Ro announced it has acquired Workpath, a technology
platform that powers on-demand, in-home healthcare and diagnostics services
nationwide.
- Through this acquisition, Ro’s platform will now
uniquely bring together a patient's doctor, pharmacy, and
diagnostics/lab--offering a personalized, end-to-end experience with no
insurance required.
- Ro is also announcing a partnership with Quest
Diagnostics, which operates more than 2,200 locations nationwide, to
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HHS Taps CVS Health for Pilot to Administer COVID-19 Therapy to Patients At Home & Long-Term Care Facilities
What You Should Know:
- Today, CVS Health was selected by HHS, as part of
Operation Warp Speed, to pilot the administration of a limited supply of
bamlanivimab, a monoclonal antibody therapy, with eligible COVID-19 patients
at-risk of severe infection or complications resulting from the virus.
- Under this pilot, Coram, the specialty pharmacy and
infusion care business of CVS Health, will administer the intravenous therapy
in patients’ homes or long-term care facilities to help meet the
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M&A: CarepathRx Acquires Pharmacy Operations of Chartwell from UPMC for $400M
What You Should Know:
- CarepathRx will
acquire the University of Pittsburgh Medical Center’s pharmacy operations in a
$400M deal.
- The company fully
integrates pharmacy operations, expands healthcare services, improves
ambulatory access, minimizes clinical variation and creates new health system
revenue streams.
- CarepathRx serves more than 15 health systems and 600
hospitals, with more than 1,500 employees nationwide, 400 payor contracts.
Already CarepathRx has treated more than
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Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience.
The Cleveland Clinic and Amwell joint venture appoint
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SPAC Merges with 2 Telehealth Companies to Form Public Digital Health Company in $1.35B Deal
What You Should Know:
- GigCapital2 Inc has agreed to merge with UpHealth Holdings Inc and Cloudbreak Health LLC to create a public digital healthcare company valued at $1.35 billion, including debt, the blankcheck acquisition company said on Monday.
- The combined company will be named UpHealth, Inc. and
will continue to be listed on the NYSE under the new ticker symbol “UPH”.
Blank check acquisition
company GigCapital2 agreed to merge
with Cloudbreak Health, LLC, a unified
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VA Taps Appriss for Drug Monitoring to Curb Substance Abuse
What You Should Know:
- The Department of Veteran Affairs is working with
Appriss Health to tackle the veteran opioid epidemic via drug monitoring.
- The tool will give VHA prescribers more complete clinical information, including controlled substance prescription histories, for patients, helping clinicians identify and prevent prescription drug misuse, resulting in better-informed care decision-making and improving patient safety.
Appriss
Health, a provider delivering
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Amazon Launches Digital Pharmacy Store: 6 Key Things to Know
Amazon.com, Inc. today announced the expansion of its foothold into the pharmacy business with two new pharmacy offerings to help customers conveniently purchase their prescription medications. Amazon Pharmacy, a new store on Amazon, allows customers to complete an entire pharmacy transaction on their desktop or mobile device through the Amazon App.
Here are six key things to know about this landmark
announcement:
1. Using a secure pharmacy profile, customers can add their insurance
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Epic Pharmacy Progress Made But Gaps Remain, KLAS Report Finds
What You Should Know:
- Despite pressure to take an Epic-first approach to
software decisions, many pharmacies at Epic organizations have held on to
third-party products due to the relative immaturity of some of Epic’s more
recently developed pharmacy solutions.
- Latest KLAS report explores medication inventory
management (MIM) and IV workflow management—the two areas where Epic has
focused much of their development efforts—to validate what capabilities these
modules deliver and where
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UnitedHealth Acquires Online Pharmacy Startup DivvyDose
UnitedHealth
Group (UHG) has acquired
Illinois-based online pharmacy startup DivvyDose
for about $300M, according to sources familiar with the matter. Founded in 2015, divvyDOSE is a full-service personalized
pharmacy focused on those with multiple chronic conditions and complex
medication regimens. Customers receive a personalized roll of pre-sorted
medications into individual packs, with clearly marked dates and times.
Bloomberg first reported the acquisition discussions between UHG
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