As we close out the year, we asked several healthcare industry executives to share their predictions and trends for 2020. Robbie Hughes, Founder, and CEO, Lumeon “Following the announcement of the Trump administration's price transparency requirement – and the ensuing backlash from hospital groups – the issue of price transparency will dominate the healthcare industry next year. Regardless of the outcome of the lawsuit, I expect we'll see more attention around the importance of the
Read More
Analysis: November 2019 Health IT M&A Activity, Public Company Performance
– Healthcare Growth Partners' (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of November 2019We did a doubletake when we noticed all of the HGP healthcare indices climbed approximately 10% during the month of November. Year-to-date, the S&P 500 is up over 25% and the HGP healthcare indices are all hovering in that range. In the two month period since September, when talk of universal healthcare reached
Read More
Propeller Adds CVS, Walmart, Kroger, Rite-Aid to In-App Pharmacy Feature
- Propeller adds CVS, Walmart, Kroger and Rite-Aid pharmacy services to in-app pharmacy feature My Pharmacy, which launched in January with Walgreens. - With this update, Propeller users can now access pharmacy services from five of the seven largest pharmaceutical providers in the U.S., representing more than 50 percent of pharmacy market share, directly from the Propeller app. - The addition is a huge advantage for people who struggle with medication management and need a more convenient way
Read More
Disruptors or Interrupters? How Apple Is Faring In Their Healthcare Initiatives
Key Highlights - Part one of our new in-depth series on Apple, Google, and Amazon's latest healthcare efforts since our last report in April 2019. - A look at Apple's recent healthcare developments, as well as an analysis of what goes beyond the news. Over the last few decades the “digital age” has enabled many garage-based startups to transform into sustained successes by targeting problems that begged to be solved digitally. Sometimes their leaders identified and resolved
Read More
Analysis: Impact of CVS, Walgreens, Walmart Retail Healthcare Expansion Strategies
- Recently, Walmart, CVS, and Walgreens have all announced their intent to invest in healthcare. Placer.ai, an advanced foot traffic analytics platform, analyzed their data to take the temperature of those efforts.- Walgreens experiences an even greater reliance on evening hour visits than CVS. Analyzing the period from January 2017 through August 2019, Walgreens saw 27.6% of visits come between the hours of 6 pm to 12 am. - The move into health services could provide a major boon for CVS,
Read More
Philips Launches Expanded SmartSleep Suite of Solutions in US Market
- Philips launches its expanded SmartSleep suite of digital solutions in the US market to ultimately address approximately 80 percent of all sleep issues worldwide- Collaborative efforts with Walgreens, WebMD enhance consumer access to sleep information and solutions- The new SmartSleep solutions are now available for purchase on Philips.com, Walgreens.com, and BestBuy.com. SmartSleep Deep Sleep Headband and Snore Relief Band will begin to roll out to BestBuy stores across the United States in
Read More
Walgreens Find Care Platform Integrates with Philips SmartSleep Analyzer
- New collaboration between Walgreens and Philips helps put quality sleep within reach, integrating Philips SmartSleep Analyzer with Walgreens Find Care. - Walgreens Find Care users are now able to use the tool to help identify the potential reasons contributing to their sleep issues and connect to sleep diagnostics, guidance, products, and solutions online and through the Walgreens mobile app.- Walgreens Find Care users who access the SmartSleep Analyzer will receive personalized insights and
Read More
Former Walgreens Executive Launches New Digital Health Startup, ATX Therapeutics
- ATX Therapeutics launches to create evidence-based digital therapeutic products to address specific chronic health conditions and associated risk behaviors - ATX Therapeutics is founded by CEO Adam Falat, who previously led award-winning consumer digital health teams at Walgreens and athenahealth. Former Walgreens executive Adam Falat today announced the launch of his new Austin-TX-based digital health company, ATX Therapeutics. The new company will create evidence-based digital
Read More
Capital Rx Launches Clearinghouse Model to Bring Price Visibility to Prescription Drug Costs
Quick Glance- Capital Rx launches new innovative Clearinghouse Model, a new pricing framework that will itemize the actual unit cost for all drugs for the first time- The Clearinghouse Model will eliminate price variability for customers, ensuring that drug costs are the same for all customers.- Pharmacies in its retail network, which includes chains, like Walmart, Walgreens, to grocers and independent pharmacies, will be able to deliver the lowest prescription prices to customers.- While rising
Read More
NewYork-Presbyterian Launches $50M Hauser Institute for Health Innovation
NewYork-Presbyterian has announced the launch of The Hauser Institute for Health Innovation, in recognition of the visionary philanthropy of Rita E. Hauser and Gustave M. Hauser. The Hausers have given more than $50 million to NewYork-Presbyterian in support of the Hospital’s innovation programs in health information technology and telemedicine since 2011.Hausers’ Philanthropy Led to Creation of NYB OnDemandThe Hausers’ previous philanthropy efforts led to the creation of NYP OnDemand,
Read More
