What You Should Know:
- Change Healthcare launches a new solution that simplifies
billing to bring more COVID-19 testing options to consumers.
- New service
enables pharmacies to manage COVID-19 test billing within their traditional Rx
claims processes, driving the potential to dramatically expand U.S. testing
capabilities.
Change
Healthcare, announced a new solution, MedRx
that makes it easier for consumers to get COVID-19 testing in their local
pharmacies. The company’s
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Pharmacy | Medication Adherence Technology Services and Solutions | News, Analysis, Insights - HIT Consultant
Analysis: August Health IT M&A Activity; Public Company Performance
– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of August 2020.
M&A is back and the velocity of the rebound has outpaced all expectations. The recovery quickly worked its way across the spectrum from large to small-cap, beginning with the larger cap NASDAQ rally of nearly 80% from lows in late March (only to soften in recent days), followed by multi-billion
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TruePill Raises $75M to Launch At-Home Lab Testing Network
What You Should Know:
- Truepill raises $75 million in Series C funding To expand platform services and launch an at-home lab diagnostics network.
- The company plans to use the funds to expand Truepill’s ecosystem of direct-to-patient capabilities, which includes the Truepill Health telehealth network, pharmacy fulfillment, a custom-built EMR, and more.
Truepill, a San Mateo, CA-based building world-class patient experiences through its API-connected healthcare infrastructure,
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AI Collaboration Saves Pharmacies 5.5 Hours Monthly on Critical Administrative Tasks
What You Should Know:
- DrFirst partners with a Kansas-based pharmacy management system (PMS) provider to improve safety and efficiency in hundreds of pharmacies across the country.
- Speed Script is integrating DrFirst’s SmartSig technology into its suite of pharmacy management solutions (PMS) used by the community and long-term care pharmacies countrywide.
- Using the two technologies could save pharmacies processing
more than 250 prescriptions a day
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Humana Taps Salesforce to Power its Enterprise Clinical Operating Model
What You Should Know:
Health insurer Humana has selected Salesforce to deliver
a more connected, personalized healthcare experience for its members.
- Through a new multi-year agreement, Humana will
capitalize on infrastructure and capabilities offered by Salesforce Health
Cloud to create an integrated health experience for its members.
Health insurer Humana has inked a new multi-year agreement with Salesforce to deploy Salesforce Health Cloud to help power its Enterprise Clinical
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IBM Watson Health, OrbitalRX Launches Solution to Combat U.S. Drug Shortage
What You Should Know:
- IBM Watson Health and OrbitalRX launches an integrated solution to assist hospital pharmacy providers in managing drug shortages.
- Joint offering pairs pharmacy supply chain management
capabilities with evidence-based drug content, designed to help hospital pharmacy
teams manage drug shortages.
- OrbitalRX with Micromedex will create a single source
for healthcare providers and pharmacists to access the latest evidence-based
clinical information alongside a
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Uber Health Launches Contactless Prescription Delivery in Seattle and Dallas
What You Should Know:
- NimbleRx and Uber Health launches contactless prescription delivery from pharmacies in Seattle, WA, and Dallas, TX, and soon, other parts of the country.
- Following the initial launches in Seattle and Dallas, Nimble and Uber Health are already working to expand the partnership in additional regions across the United States. To date, Nimble has completed over 15,000 deliveries via the partnership with Uber Health.
NimbleRx, a Redwood City, CA-based platform
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Envisioning a 5G-Powered Retail-Healthcare Hub
If you’ve been to a big-brand grocery or department store recently, you probably noticed some form of healthcare outlet – or maybe you didn’t. These in-store pharmacies and clinics have become so omnipresent, right there next to the diapers, dog food, and green beans, that unless you use them, you may not notice them at all.
This convergence of healthcare and retail has been happening for a few years and represents one of the fastest-growing corners of the healthcare market. In fact, retail
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Salesforce, CVS Health Integrates COVID-19 Return to Work and Campus Solutions
What You Should Know:
- Salesforce and CVS Health announced
a strategic relationship to help organizations, including employers and
universities, return critical populations to the workplace or campus. With this
new joint offering, which combines Salesforce Work.com capabilities
with CVS Health’s Return Ready, worksite and campus
locations will be able to provide complementary services for wellness
assessments, COVID-19 testing and manual contact
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Analysis: July Health IT M&A Activity; Public Company Performance
– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of July 2020.
While a pandemic ravages the country, technology valuations are soaring. The Nasdaq hit an all-time high during the month of July, sailing through the 10,000 mark to post YTD gains of nearly 20%, representing a 56% increase off the low water mark on March 23. More notably, the Nasdaq has outperformed
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