medication
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RFID with Barcode Medication Systems: Boosting Hospital Efficiency and Cost Savings
This article explores the benefits of implementing RFID in healthcare settings and how hospitals can gradually transition from barcode to RFID-enabled medication systems, leading to substantial cost savings and improved patient care.
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Health Tech, Pharma, Startups, SYN
Lyfegen raises $8M for its value-based drug contracting platform
Lyfegen, a startup that provides software for value-based drug contracting, recently raised $8 million in an oversubscribed Series A financing round. With the new funds, the company — which is based in Switzerland and New York — plans to expand its presence in the U.S., where drug costs are the highest in the world.
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Payer’s Place: Dawn Maroney
Dawn Maroney, President, Markets of Alignment Health and CEO of Alignment Health Plan, to discuss how they are using technology to provide better service and care to consumers.
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Blue Cross settles class action suit naming ‘pharma bro’ Martin Shkreli for $28M
Shkreli controversially raised the price of the drug Daraprim, which is used to treat a potentially fatal parasitic infection, by 4,000%, from $13.50 to $750 per pill in 2015. In January, a federal judge banned him from the pharmaceutical industry for life.
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New Alexa feature lets users ask about medications
A new partnership between Amazon and First Databank will let users ask Alexa for basic information about the most commonly prescribed drugs.
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McKesson UK acquires British medication management startup Echo
Through its app, London-based Echo, which was founded in 2015, offers prescription fulfillment and reminders to take medications.
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Pillo Health raises $11M to continue development of voice-enabled platform for the home
Various investors, including Stanley Black & Decker’s corporate venture capital arm, Samsung Ventures, Civilization Ventures and others took part in the round.
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OnMed launches with telemedicine kiosks that can also dispense prescription medications
The Clearwater, Florida-based company said its HIPAA compliant telemedicine stations can be deployed in airports, hotels, colleges, hospitals and at large private employers.
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Alto Pharmacy nabs $50M for geographic expansion, delivering new products
Zola Global and Greenoaks Capital led the Series C round, and Jackson Square Ventures, Olive Tree Capital, and others participated.
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Smart pill bottle creator AdhereTech secures strategic investment from Argentum
The company will use the money to increase its pharmaceutical and pharmacy partnerships, expand into more healthcare verticals and enhance its data analysis and engineering applications.
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Applying Remote Patient Monitoring to Surgery Prep and Recovery, Oncology and Women’s Health
Join us to learn about the latest trends in remote monitoring and how to extend its benefits beyond chronic conditions to more patients – all while using fewer staff resources.
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New Kit Check technology seeks to pinpoint drug theft and misuse
The company’s Individual Risk Identification Score, or IRIS, uses machine learning to help hospitals pinpoint employees who pose a high risk for drug diversion.
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How this startup’s medication safety tool aided Israel’s Sheba Medical Center
The medical center implemented MedAware’s platform, which harnesses data analytics and machine learning to pinpoint prescription errors before they happen.
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Sempre Health rakes in $8 million to improve patient behavior and medication adherence
Rethink Impact led the Series A round, which will be used to grow Sempre’s relationships with health plans and to make its service available to more patients.
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Trump’s view on drug costs: Talk vs. the truth
President Donald Trump has railed against the high price of prescription drugs, yet many Americans aren’t seeing a change in what they pay out-of-pocket. Here’s a look at the rhetoric thus far versus the results.
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Catalia Health brings interactive robots to patient homes to initiate behavior change
Named Mabu, Catalia’s interactive robot has tailored conversations with patients about their healthcare needs and relays progress information to their pharmacist or healthcare provider.
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How much will adverse patient safety events cost the healthcare system?
According to a Frost & Sullivan analysis, adverse patient safety events cost the U.S. and European healthcare systems $317.93 billion in 2016. By 2022, the analysis estimates that amount will rise to $383.7 billion.
Promoted
Payer’s Place: Dr. Anil Singh
Dr. Anil Singh shares his insights into the strategies employed by the organization to identify the most effective digital solutions for their members.
Promoted
Discover the Next-Gen Platform for Integrated Collaborative Care
Beyond EHRs and digital front doors, reducing the gaps in patient care journeys.
