What You Should Know: - Amazon launches RxPass, a new Prime membership benefit from Amazon Pharmacy that offers patients affordable access to commonly prescribed generic medications that treat more than 80 common health conditions. - RxPass enables Prime members can receive all of their eligible medications for one flat, low monthly fee of $5, and have them delivered free of charge. There are no hidden fees and no markups to the $5 per month subscription. - RxPass is available starting
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PillPack
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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Techstars Relaunches Healthcare Accelerator in Los Angeles
What You Should Know: - Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs announces today the relaunch of Techstars Healthcare sponsored by Cedars-Sinai, Point32Health, UCI Health, and UnitedHealthcare. - The consortium-led accelerator program will be based in Los Angeles and select 12 high-growth startups to participate in its intensive 13-week program. Startups will receive capital,
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FemTech Startup Conceive Raises $3.7M for Outcomes-Oriented Fertility Solution
What You Should Know: - Conceive, a New York City-based femtech startup on a mission to transform fertility, today that the public beta of its integrated solution is now live. - The company's launch is fueled by a $3.7M seed round led by Kindred Ventures, with participation from Founder Collective, Great Oaks, and 40+ founders and angels. The majority female and 42% BIPOC cap table includes the founders of Natalist, Tia, Forward, Cityblock, Pillpack, Dia&Co, along with the deep
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Blue Cross Becomes First Health Plan to Offer Direct Integration with PillPack
- Blue Cross Blue Shield (BCBS) of Massachusetts announced a new pharmacy integration with PillPack by Amazon in its MyBlue member app and website that enables members to seamlessly manage and fill their prescriptions. - Blue Cross worked with PillPack to create a digital option for eligible members to switch to PillPack directly from their Blue Cross MyBlue member app or website. Blue Cross Blue Shield of Massachusetts ("Blue Cross") announced a new pharmacy integration in its MyBlue member app
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Research: October Health IT M&A Activity, Public Company Performance
- Healthcare Growth Partners (HGP) summary of Health IT/digital health merger & acquisition (M&A) activity, and public company performance during the month of October 2019 During the month of October, Health IT continued its evolution into an amorphous market that is increasingly trending away from a specialized niche of healthcare and into a key component of larger sectors such as Enterprise Software, HR Administration, Insurance, Care Delivery, Suppliers, and BioPharma. The
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Amazon Acquires Online Pharmacy Startup PillPack
Amazon, today announced it has entered into an definitive agreement to acquire online pharmacy startup, PillPack for an undisclosed amount. The deal will allow Amazon further entry into healthcare with an on-demand online pharmacy and drug distribution platform.Founded in 2013, PillPack is an online pharmacy that delivers medications in pre-sorted dose packaging, coordinates refills and renewals, and makes sure shipments are sent on time. The service is designed to provide the best possible
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PillPack Launches Medication Reminders App for iPhone, Apple Watch
Full service pharmacy provider PillPack has launched its PillPack - Medication Reminders mobile app for iPhone and Apple Watch to eliminate the frustration of remembering to take medication. The app is the first mhealth app of its kind to auto-import a customer's current medication list regardless of which pharmacy they currently use, and use geo-tracking sensors to create custom reminders based on location, activity or time to more naturally fit with people's daily routine. According to
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