Physera, an app-based platform for musculoskeletal exercises and remote consultations with physical therapists, has raised $8 million in a Series A round led by BlueCross Blueshield Venture Partners. The company has now raised a total of $10 million. Other funders, either in this round or previously,...
Microsoft has been looking to widen its already substantial footprint in the healthcare space. Recently it has done so by forming a strategic partnership with patient access technology innovator Kyruus. Kyruus’s ProviderMatch solution, which is now used at more than 500 hospitals across the U.S.,...
In January of 2018, Amazon, Berkshire Hathaway, and J.P. Morgan announced that they wanted to address the issues of rising health care costs for their employees and a lack of improvement in care. Now, after rampant speculation about what this partnership could mean for the...
The Pharmacy Benefit Management Institute, a provider of research and education on drug cost management, recently awarded eight organizations for their exceptional contributions across the pharmacy management continuum. These organizations have created highly effective programs in the areas of care management strategies, cost containment, opioid...
The House Judiciary Committee’s antitrust subcommittee recently discussed hospital and health system consolidation and its effect on the general population. The vast majority of the discussion was critical of mergers among hospitals and other healthcare companies. Although the public is often told that consolidation will...
Amazon recently appointed Nader Kabbani to run its new pharmacy business. Kabbani, a 14-year veteran at Amazon, helped build the Kindle self-publishing platform and has served as the company’s vice president in the logistics business, is now “vice president of consumables, special projects,” according to a...
Virtual healthcare technology has become the standard for healthcare because it enables better and more effective care. The most notable benefit of virtual care to patients is its convenience; rather than having to travel to and from a hospital or clinic to get or give...
Wisconsin-based Propeller Health is partnering with Finnish pharmaceuticals and diagnostics company Orion Corporation to help European asthma and COPD sufferers. Starting in 2019, the companies will begin developing a custom-built Propeller sensor for Orion’s Easyhaler line of inhaled pulmonary drugs. These sensors will connect to Propeller’s...
Telehealth company American Well announced the launch of the American Well 250 Cart, the most comprehensive cart to connect providers with thousands of specialists on demand. This is also the first integrated telemedicine device brought to market by American Well after its acquisition of Avizia...
Netsmart, a provider of electronic health records (EHR), solutions, and services to behavioral health, social services, and post-acute organizations, is partnering with American Well to provide a new approach to addressing the nation’s growing opioid crisis. The partnership was revealed as part of the Interoperability...