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

Salesforce, CVS Health Integrates COVID-19 Return to Work and Campus Solutions

by Fred Pennic 08/10/2020 Leave a Comment

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

by Healthcare Growth Partners (HGP) 08/07/2020 Leave a Comment

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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Lemonaid Health Raises $33M to Expand On-Demand Consumer Telehealth Platform

by Fred Pennic 07/31/2020 Leave a Comment

Lemonaid Health Closes oversubscribed $33M Series B to expand telehealth services

What You Should Know: - Lemonaid Health, a direct to consumer telehealth company raises $33M in Series B funding to expand the company’s medical team and number of services being offered to patients. - To date, the company has treated more than a million patients online for a variety of medical conditions ranging from erectile dysfunction to sinus infections to depression and anxiety for roughly $25/visit (less than a typical co-pay). Lemonaid Health, a convenient, affordable,
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Same-Day Pharmacy Delivery NowRx Raises $20M to Expand into Additional Territories

by Fred Pennic 07/16/2020 Leave a Comment

Same-Day Pharmacy Delivery NowRx Raises $20M to Expand into Additional Territories

What You Should Know: - Same day pharmacy delivery startup NowRx raises $20 Million in Series B funding to expand into new U.S. territories and accelerate its technology roadmap, transforming the way consumers get their prescriptions.  - NowRx’s competitive advantage is its proprietary pharmacy management system, which leverages AI and robotics to fill and deliver prescriptions in record time, including interfacing with insurance, checking for drug
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Wake Forest Baptist Health Launches Drone Delivery for Medicines, PPE for COVID-19

by Fred Pennic 07/15/2020 Leave a Comment

Wake Forest Baptist Health Launches Drone Delivery for PPE, Medicines for COVID-19

What You Should Know: - Wake Forest Baptist Health will establish a hospital drone delivery network to carry patient-specific time- and temperature-sensitive medicines and PPE for medical professionals treating COVID-19. - In partnership with Matternet and UPSFF today started operating on two routes from one location at Wake Forest Baptist Health to two other health system locations, marking one of the first hub-and-spoke operating models for the U.S. drone delivery industry. Wake
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Medly Pharmacy Lands $100M to Expand Digital On-Demand Pharmacy Platform

by Jasmine Pennic 07/15/2020 Leave a Comment

Medly Pharmacy Lands $100M to Expand Digital On-Demand Pharmacy Platform

What You Should Know: - Medly Pharmacy raises $100M investment co-led by Volition Capital and Greycroft to propel Medly's leadership in the $500B+ digital on-demand pharmacy market. - Medly will use the funding to expand its digital on-demand pharmacy platform, enter new markets, and provide category-leading services to patients and partners across the country that is well-positioned to meet new customer needs.  Medly Pharmacy (Medly), an industry-leading full-service digital
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Health in Motion Network, Updox Integrate to Improve Pharmacy Care Amid COVID-19 Pandemic

by Jasmine Pennic 07/15/2020 Leave a Comment

Health in Motion Network, Updox Integrate to Improve Pharmacy Care Amid COVID-19 Pandemic

What You Should Know: - Health in Motion Network announced a partnership with Updox to integrate its HIPAA-compliant virtual health software into the Health in Motion Network’s consumer-direct pharmacy platform, ERxDirect. - ERxDirect powered by Updox uniquely connects local health care, community pharmacies and urgent care centers with the innovation they need to remotely communicate with patients, which has become more essential than ever due to the COVID-19 pandemic. - By partnering
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Emtiro Health Taps Innovaccer to Leverage the FHIR-Enabled Data Activation Platform

by Jasmine Pennic 07/14/2020 Leave a Comment

Emtiro Health Taps Innovaccer to Leverage the FHIR-enabled Data Activation Platform

What You Should Know: - Emtiro Health, an innovative population health company in North Carolina has selected Innovaccer to deliver data-powered solutions to enhance the efficiency and effectiveness of care delivery.  - Powered by Innovaccer’s FHIR-enabled Data Activation Platform, Emtiro Health will create unified patient records that drive comprehensive, whole-person care management, no matter where they are on the care continuum. The FHIR-enabled Data Activation Platform will also
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Allscripts, Microsoft Ink 5-Year Partnership to Support Cloud-based Sunrise EHR, Drive Co-Innovation

by Fred Pennic 07/13/2020 Leave a Comment

Allscripts, Microsoft Ink 5-Year Partnership to Support Sunrise EHR, Drive Co-Innovation

What You Should Know: - Allscripts and Microsoft sign a five-year partnership extension to support Allscripts’ cloud-based Sunrise electronic health record and drive co-innovation. - The alliance will enable Allscripts to harness the power of Microsoft’s platform and tools, including Microsoft Azure, Microsoft Teams, and Power BI, creating a more seamless and highly productive user experience. Today Allscripts and Microsoft Corp. announced the extension of their long-standing
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New CVS Pharmacy App Feature Can Read Prescription Labels Out Loud for Visually Impaired

by Fred Pennic 07/09/2020 Leave a Comment

New CVS Pharmacy App Feature Can Read Prescription Labels Out Loud for Visually Impaired

What You Should Know: - CVS introduced Spoken Rx™, a new feature of the CVS Pharmacy app that can read important prescription information out loud. It is vitally important for patient safety and adherence that prescription labels are clear and visible, but for patients with visual impairments or those who can’t read standard print labels, that’s not always the case. - Spoken Rx provides an audible label option that reads important info such as patient name, medication name,
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