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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Pharmacy | Medication Adherence Technology Services and Solutions | News, Analysis, Insights - HIT Consultant
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
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
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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Q/A: DocStation CEO Shares How AI Will Help Pharmacies Use the DIR Fee Changes to Their Advantage
Early next year, the Centers for Medicare and Medicaid Services (CMS) will remove the application of retroactive DIR fees and move DIR fees to the point of sale instead. The major issues with the DIR fees, which are paid by pharmacies to pharmacy benefit managers, are the fact that they drive up the costs of prescriptions for patients and delay reimbursement of care to the pharmacies.
Now, a brand new issue will arise in early 2024 - namely, pharmacies will be facing a DIR “cliff” where
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High Drug Costs Threatening Affordability of Employer-Sponsored Healthcare
Large employers report that the biggest threat to self-funding medical coverage is the increasingly high cost of pharmacy claims. In their annual Health Benefits Priorities survey, MBGH found that employers consider pharmacy costs extremely problematic. Ninety-one percent of employers cited million-dollar treatments approved by the FDA, and 89% pointed to specialty drug spending as a top threat.
Source: PSG 2023 Trends in Specialty Drug Benefits Report
Employers already pay
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Report: Inaccurate Drug Discount Requests Reach Nearly $1B
What You Should Know:
Kalderos, a data infrastructure and analytics company, identified nearly $1B in inaccurate drug discount requests from 2016-Q1 2023 on its drug discount management platform.The report, titled "Mission Critical: Bringing drug discount stakeholders together so patients win," outlines Kalderos' vision for a new paradigm of cooperation among drug discount program stakeholders in which everyone benefits — particularly patients.
Rising Costs of Inaccurate Drug
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How Healthcare Providers Can Bolster Cybersecurity Defenses and Protect Patient Data
In IBM’s 2022 Cost of a Data Breach report, the company revealed that the global average cost of a data breach was $4.35 million. In the healthcare sector, however, that number skyrocketed to $10.1 million. Why is an attack on a healthcare organization so much more costly? While part of this comes down to the fact that healthcare organizations often have big budgets, and so might be able to pay big ransoms, the biggest part of the answer is consequences. In there, real lives are at stake. Downed
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AmerisourceBergen Launches Pharmacy Telehealth Pilot with SteadyMD
What You Should Know:
AmerisourceBergen (AB), a global healthcare company, has announced a strategic partnership with SteadyMD, a B2B telehealth infrastructure provider for the co-creation of a telehealth solution focused on Test to Treat opportunities. The solution is being offered as a pilot to independent community pharmacies across the US.In addition to the commercial partnership, AmerisourceBergen has also made a minority investment in SteadyMD through its venture fund AB Health
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