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

M&A: Arrive Health Acquires UPMC Enterprises Pharmacy Technology

by Fred Pennic 01/18/2023 Leave a Comment

M&A: Arrive Health Acquires UPMC Enterprises Pharmacy Technology

What You Should Know: - Arrive Health, a provider of real-time benefit tools and integrated solutions that improve patient affordability, today announced the acquisition of a suite of innovative patient engagement and automation technologies developed by UPMC Enterprises and the UPMC Pharmacy Network. - The acquisition adds AI-driven virtual assistant technology and a robust patient management system to its affordability offerings, expanding support for more than 200 million
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KLAS IV Workflow Management 2022: Functionality Drives Recent Purchases

by Syed Hamza Sohail 01/17/2023 Leave a Comment

IV Workflow Management 2022: Functionality Drives Recent Purchases

What You Should Know: - Health systems rely on IV workflow management solutions to streamline and improve pharmacy operations. Functionality has emerged as the most important criterion for prospective clients; however, no vendor meets all customer needs and performs at a high level, and each customer base notes gaps in functionality. - To understand which solutions are being selected and why and help provider organizations select solutions that meet their unique needs, this new
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80% of Healthcare Execs Want Complete Clinical Data From Other EHRs

by Syed Hamza Sohail 01/17/2023 Leave a Comment

80% of Healthcare Execs Want Complete Clinical Data From Other EHRs to Enrich Their Own Data

What You Should Know: - Health Gorilla, a Health Information Network and interoperability provider, released it's inaugural 2023 State of Interoperability report today to understand how healthcare decision-makers are approaching their clinical data strategies in light of patient privacy concerns and new federal regulations. - The study, conducted in collaboration with Flexpa and the Health Management Academy, found that 60% of health systems report duplicative or incomplete data retrieved
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22 Executive Digital Health Predictions to Watch in 2023

by Fred Pennic 01/16/2023 Leave a Comment

22 Executive Digital Health Predictions to Watch in 2023

Jon Bloom, MD, CEO and Co-founder of Podimetrics From a digital health perspective, 2022 was a reset year for many and a serious reality check. We went from sky high growth to the sky is falling, and in 2023 I think this market correction movement will continue forward. To me, the biggest surprise of 2022 was that despite the market tanking, digital health companies continued to truck forward with huge deals. This includes massive acquisitions like Amazon and OneMedical, as well as deals like
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The Important Role of Community Pharmacy in 2023

by Lindsay Dymowski, President at Centennial Pharmacy Services 01/13/2023 Leave a Comment

The Important Role of Community Pharmacy in 2023

The healthcare landscape continues to shift as we emerge from an uncertain and continuously-evolving pandemic. Technology is playing a vital role in giving people access to necessary services and, as a part of this technology shift, community pharmacies are stepping up in order to better serve the public.  Pharmacies in America were once little more than glorified convenience stores, where one could pick up anything from dishwashing detergent to a Twix bar (and stop and get their
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17 Executive Hospital/Health System Predictions to Watch in 2023

by Fred Pennic 01/12/2023 Leave a Comment

6 Executive Health Data Predictions to Watch in 2023

Vijay Kedar, Co-Founder and CEO at Tomorrow Health Health systems will realize their challenges are not transitory but systemic: This year saw health systems facing a myriad of compounding threats – from historic inflation exacerbating their cost structures, front-line clinician burnout driving widespread labor shortages, and increased capacity issues that left patients in hospital facilities one full day longer than in the prior year. As the financial markets turned south, many institutions
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Walmart and Avanlee Care Team Up to Aid Caregivers

by Fred Pennic 01/11/2023 Leave a Comment

Walmart and Avanlee Care Launch Program to Aid Caregivers

What You Should Know: - Avanlee Care, a digital health tool for today’s caregivers is teaming up with Walmart to support the 65 million Americans currently caring for aging family members. As a part of Walmart’s “New Year Reset” program, the Avanlee Care app will be displayed and promoted at supercenter locations throughout Florida in the pharmacy and grocery sections of the stores. - This collaboration is the first of its kind for both brands. The partnership serves to educate and
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Paytient Raises $63M to Expand Health Payment Accounts (HPAs)

by Syed Hamza Sohail 01/10/2023 Leave a Comment

Paytient Raises $63M to Expand Health Payment Accounts (HPAs)

What You Should Know: - Paytient, the creator and leading provider of Health Payment Accounts (HPAs), today announced a $40.5M Series B funding round, bringing the company’s total funding to $63M. The funds, consisting of $33M in equity from new and existing investors and $7.5M in debt from Silicon Valley Bank, will be used to scale growth and product development in 2023 and beyond. - The round was led by Utah-based growth fund Mercato Partners Traverse Fund, with participation from
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M&A: Avel eCare Acquires NightWatch to Expand Remote Pharmacy Services

by Fred Pennic 01/10/2023 Leave a Comment

M&A: Avel eCare Acquires NightWatch to Expand Remote Pharmacy Services

What You Should Know: - Avel eCare, the nation’s leading provider of clinician-to-clinician telemedicine services, today announced the acquisition of NightWatch, a West Virginia-based company that provides remote pharmacy services to hospitals, clinics and nursing homes throughout the Midwest and mid-Atlantic region.   - The expansion of remote pharmacy services strengthens Avel eCare’s portfolio of telemedicine offerings and helps meet the growing demand for
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Real-World Data Startup Crescendo Health Launches with $3.2M

by Fred Pennic 01/06/2023 Leave a Comment

Real-World Data Startup Crescendo Health Launches with $3.2M

What You Should Know: - Crescendo Health, a real-world data startup that's drastically reshaping how clinical researchers get access to hard-to-reach patient data to support their clinical research today officially announced its launch with $3.4M in seed funding from Define Ventures as well as the founders and CEOs of many other well-known organizations. - Founded by the co-founder of Datavant (merged with Ciox in a $7 billion deal), and a top product-management leader from Grand
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