Digital Transformation

This evolution of healthcare involves using technology to improve diagnosis, treatments, monitor patients, enhance hospital operations and culture, and bolster consumer-focused care. This includes virtual reality tools, wearable devices, workflow software, health apps and other digital health tools.

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HealthCare.com raises $180M

The digital health platform that connects consumers, service providers and payers offers its own proprietary insurance plans and customizable insurance product bundles.

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Pandemic effects: Insurance premiums up 4%

Health insurance premiums have risen 4% for workers in 2021.

 

To pull off instant claims processing, Big Blue payer taps Big Tech player

The plan is to benefit not only consumers but also providers, who will immediately know how much reimbursement to expect and how much administrative activity they can prudently avoid.

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Walmart teams up with Epic for health centers

Walmart has partnered with health records system provider Epic to standardize EHR tools and processes at its health centers.

 

Virtual care a slim margin of total visits

Telehealth appointments only make up about 20% of all doctor visits.

 

Google Health is no more?

Google is scattering its healthcare endeavors across separate departments, according to a memo leaked to Insider.

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CVS Health updates rewards program

CVS Health has updated its ExtraCare Rewards loyalty program for the first time in 20 years. 

 

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Healthcare execs say digital transformation is speeding up

The vast majority of healthcare executives say digital transformation across their organizations is accelerating, according to a recent survey of 399 executives from six countries.

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Around the web

Cardiovascular Business
FDA says years-long tirzepatide shortage is resolved, will give limited leeway to compounders

The tirzepatide shortage that first began in 2022 has been resolved. Drug companies distributing compounded versions of the popular drug now have two to three more months to distribute their remaining supply.

AI in Healthcare
From Capitol Hill to a hospital near you? 5 federal recommendations for healthcare AI policy

The 24 members of the House Task Force on AI—12 reps from each party—have posted a 253-page report detailing their bipartisan vision for encouraging innovation while minimizing risks. 

Cardiovascular Business
Merck spends up to $2B to license new weight loss drug with potential heart benefits

Merck sent Hansoh Pharma, a Chinese biopharmaceutical company, an upfront payment of $112 million to license a new investigational GLP-1 receptor agonist. There could be many more payments to come if certain milestones are met.