In January 2020, the financial conglomerate Visa announced it was acquiring a relatively unknown startup, Plaid, for $5.3 billion. Corporate acquisitions like these are not uncommon, but someone at the United States Department of Justice took notice of this announcement. Visa had established a stranglehold on financial transactions. The Justice Department moved to stop the acquisition on grounds that Plaid posed “a threat to this monopoly: it has been developing an innovative
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Pharmacy | Medication Adherence Technology Services and Solutions | News, Analysis, Insights - HIT Consultant
How to Empower Patients With Price Transparency
The evolution of e-commerce – led by Amazon – has created an intensely savvy consumer population. Amazon’s platform allows users to easily compare products from different vendors to get the best price. People travel to retail stores to try on clothes and shoes, only to purchase them online for less. Even the longest running game show in television history awards points for knowing how much consumer products cost.
Healthcare, on the other hand, does not engender the same kind of
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AdvancedMD to Roll Out 35+ Updates in Major Product Release
What You Should Know:
- AdvancedMD announced its 2022 Fall product release that includes 35 new features added to its suite of all-in-one medical office and remote care cloud software. This marks one of the largest product release updates in AdvancedMD history, reflecting the robust nature of the leading cloud-based platform used by more than 40,000 practitioners across 13,000 practices, and 850 medical billing companies.
- AdvancedMD’s fall release ensures more unified and smoother
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HLTH22: Amazon Launches Amazon Clinic Across 32 States
What You Should Know:
Today, Amazon announced the launch of Amazon Clinic, a virtual health service that will operate across 32 states to support more than 20 common health conditions.
Amazon Clinic will serve as a convenient virtual care option that offers up-front pricing, and treatment within hours, instead of days—helping customers achieve better health. Welcome to easy-to-use, effective care for common health conditions.
How It Works
To get started, customers select their
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CVS Health’s Former Chief Strategy Officer Joins VC Firm, LRVHealth
What You Should Know:
- LRVHealth, the inside healthcare venture capital platform, announced that Josh Flum joined the firm as a managing partner. Prior to joining LRV Health, Flum served as Chief Strategy Officer and Business Developer Officer at CVS Health.
- Flum joins a diverse team of healthcare operators, entrepreneurs, investors and insiders leading healthcare innovation and transformation alongside a network of strategic limited partners that touches half of all
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18 HLTH 2022 Predictions from Digital Health Executives to Watch
Before HLTH 2022 kicks off next week in Las Vegas, we asked 18 digital health executives for their predictions and major themes to expect at HLTH.
1. Keith Reynolds, Chief Operating Officer at Welldoc
Access to care is a central focus for healthcare given several factors: a growing population being impacted with chronic conditions, increased resourcing constraints, and growing fatigue and workload among providers. A recent study indicated that it would require a PCP 26.7 hours/ day
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How to Build Better Relationships with the Health Insurance & Payer Communities
Modern healthcare is an intricate dance between quality and quantity.
Payers and insurance providers want better patient outcomes due to the high cost of poor health, while health providers want to ensure their patients aren’t overlooked and are appropriately cared for.
To understand how we can satisfy the needs of both patients and payers, we’ll have to take a step back and look at the relationship between payer communities and telehealth services.
Behavioral
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Walgreens-Backed VillageMD to Acquire Summit Health for $9B
What You Should Know:
Primary care provider, VillageMD has entered a definitive agreement to acquire Summit Health-CityMD, a provider of primary, specialty and urgent care in a blockbuster M&A deal valued at $8.9 billion with investments from Walgreens Boots Alliance (WBA).
The combined company will create a multi-payor platform to deliver quality, affordable care for all patients and will enhance WBA’s robust portfolio of leading, integrated healthcare offerings across the care
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Forrester Unveils 5 Healthcare Predictions for 2023
What You Should Know:
- A new dawn is on the horizon in healthcare. Equipped with new digital capabilities and pressured by new consumer expectations for personalized, convenient experiences, healthcare organizations face a predicament — act now and stay afloat, fail to act and get consumed by the competition, or risk financial ruin.
- Market research leader Forrester’s latest report explores 5 key predictors for healthcare in 2023.
Healthcare in the Era Post-Covid
COVID-19
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Transcarent Selects Prescryptive Health to Power Integrated Pharmacy Experience
What You Should Know:
- Transcarent and Prescryptive Health announced today a partnership to provide the industry’s most immersive, intelligent, and individualized pharmacy care experience.
- Transcarent Pharmacy Care empowers Transcarent Members and their families with an entirely different consumer-directed experience that truly transforms their health and care journey and provides, for the first time, employers and health systems with maximum control over their formulary, benefit
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