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

Photon Raises $9M to Expand Access to Text-Based Prescriptions

by Fred Pennic 08/16/2024 Leave a Comment

Photon Raises $9M to Expand Access to Text-Based Prescriptions

What You Should Know:  - Photon Health, a digital health startup focused on reimagining the prescription experience raises $9M in Series A funding round led by Notation and Flare Capital. The round also saw participation from existing investors and a group of notable angel investors. - Photon has developed a platform that simplifies the prescription process for both patients and providers.  Patient Friendly Pharmacy Experdience By digitizing prescriptions and providing
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AI-Driven Medication Advisor Launched by MedAdvisor and BEN

by Jasmine Pennic 08/13/2024 Leave a Comment

AI-Driven Medication Advisor Launched by MedAdvisor and BEN

What You Should Know:  - MedAdvisor Solutions and Brand Engagement Network (BEN) today announced the launch of their AI-driven medication advisor.  - This innovative solution is designed to enhance patient engagement, reduce pharmacist workload, and improve medication adherence. AI-driven Medication Advisor The medication advisor will be showcased at the upcoming National Association of Chain Drug Stores (NACDS) Total Store Expo, where attendees can interact with a
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Plenful Secures $17M to Scale AI-Powered Pharmacy Operations Tool

by Syed Hamza Sohail 05/30/2024 Leave a Comment

Plenful Secures $17M to Scale AI-Powered Pharmacy Operations Tool

What You Should Know: -              Plenful, an AI workflow automation platform streamlining pharmacy and healthcare operations, today announced a $17M Series A round, increasing its total raised capital to more than $25 million. -              This milestone signifies a meaningful step forward in Plenful's mission to modernize pharmacy operations through
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NCPA Renews Recommendation of Prescryptive AI Pricing: Empowering Pharmacies with AI-Driven Cash Pricing

by Fred Pennic 05/02/2024 Leave a Comment

NCPA Renews Recommendation of Prescryptive AI Pricing: Empowering Pharmacies with AI-Driven Cash Pricing

What You Should Know: - Prescryptive Health, a leading healthcare technology company, today announced the National Community Pharmacists Association's (NCPA) renewed endorsement of Prescryptive AI Pricing.  - Prescryptive AI Pricing creates a dynamic and competitive cash pricing system, enabling independent pharmacies to thrive in the ever-evolving healthcare landscape. This AI-powered solution empowers independent pharmacies to optimize cash pricing and enhance their competitive
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Walgreens Launches Specialty Pharmacy for Complex Conditions

by Fred Pennic 04/26/2024 Leave a Comment

Walgreens Launches Specialty Pharmacy for Complex Conditions

What You Should Know:  - Walgreens, a leading pharmacy chain, is making a significant push into the specialty pharmacy market with the launch of "Walgreens Specialty Pharmacy."  - The new $25B initiative expands access to care for patients with complex, chronic conditions while driving profitability for the company. Walgreens Specialty Pharmacy: A Holistic Approach Walgreens Specialty Pharmacy aims to break down barriers within the healthcare system. By leveraging
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Lilly Partners with Amazon Pharmacy to Deliver GLP-1 Medications Directly to Patients

by Jasmine Pennic 03/13/2024 Leave a Comment

Lilly Partners with Amazon Pharmacy to Deliver GLP-1 Medications Directly to Patients

What You Should Know: - Eli Lilly and Company (Lilly) and Amazon Pharmacy today announced a strategic collaboration to improve patient access to GLP-1 medications for diabetes, obesity, and migraines. - The partnership aims to improve access to these treatments and empower patients with the support they need to manage their chronic conditions. Addressing a Growing Need Millions of Americans struggle with diabetes, obesity, and related conditions.  Nearly one in three adults
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Waltz Health Enters Medicare Market to Deliver Prescription Drug Savings

by Syed Hamza Sohail 02/22/2024 Leave a Comment

Waltz Health Enters Medicare Market to Deliver Prescription Drug Savings

What You Should Know: Waltz Health, a digital health company developing smarter, technology-enabled ways to price, distribute and prescribe medications, today announced its entry into the Medicare market.The company will offer health plans that support Medicare beneficiaries customizable configurations of its proprietary Marketplace Search technology, which lowers prescription drug prices for members and improves their experience, while also providing health plans with critical insight
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How Clinicians Navigate Drug-Drug Interactions to Protect Patients

by Fred Pennic 01/16/2024 Leave a Comment

How Clinicians Navigate Drug-Drug Interactions to Protect Patients

What You Should Know: - Drug-drug interactions, a silent threat lurking in medication charts, can cause significant harm and even death. Yet, despite their prevalence, little is known about how doctors identify and manage these risks in real-time. - A recent groundbreaking study sheds light on this crucial yet under-examined process, offering valuable insights to improve patient safety. Unveiling the Decision-Making Maze Led by Dr. Michael Weiner and Dr. Alissa Russ-Jara, the
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Expion Health and Cost Plus Drugs Partner to Combat Soaring Specialty Drug Costs

by Jasmine Pennic 11/29/2023 Leave a Comment

Expion Health and Cost Plus Drugs Partner to Combat Soaring Specialty Drug Costs


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Prescribing Trends Surge: Wegovy & Ozempic Gain Popularity, Survey Shows

by Fred Pennic 11/06/2023 Leave a Comment

Prescribing Trends Surge: Wegovy & Ozempic Gain Popularity, Survey Shows

What You Should Know: - Prescriptions for the popular weight loss drug Wegovy showed a six-fold increase between December 2022 and June 2023, according to a recent analysis of prescribing trends by DrFirst. - Prescriptions for Ozempic, the lower-dose version for treating diabetes, increased by 65% during the same period among doctors on the DrFirst prescribing network. - DrFirst's network includes over 350,000 prescribers across the U.S., including 260,000 doctors, who use their
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