DrFirst’s Patient Advisor medication adherence platform delivered an estimated $21 million in prescription savings opportunities in its first three months of operation. The savings stem from 1.34 million discounted prescriptions issued to patients who do not have prescription drug insurance, an average savings of $23.93, or approximately 39%, per qualifying prescription.
goBalto raised $5 million from existing investors Aberdare, West Health, EDBI, and Qualcomm Health. GoBalto’s main product, Tracker 2.0, offers clinicians a SaaS clinical research platform for “study startup”, which involves collecting, reviewing, and approving hundreds or thousands of clinical documents for clinical trials.
FCC Chairman Tom Wheeler announced a new task force that will investigate ways to increase use of broadband to deliver telehealth, mobile apps, and telemedicine. Michele Ellison, a lawyer who runs the agency’s enforcement bureau, will head up the group called CONNECT2HEALTHFCC.
Mobile care coordination can help reduce hospital readmissions according to a report released by Andrey Ostrovsky, MD, Founder and CEO of Care at Hand. The study, released at HIMSS14, shows a nearly 40% reduction in admissions among vulnerable elderly populations and hospital savings of over $500,000.
Clinicient, a provider of revenue cycle management software and clinical solutions for outpatient rehabilitation therapy businesses, received $15M in Series C funding from growth equity firm Catalyst Investors.
IOS Health, a EHR vendor, has developed an EHR app for Google Glass to help improve the interaction between patients and clinicians. It allows clinicians to access patient information such as vitals and medical history directly into the heads-up display.
mySugr, a diabetes monitoring platform, raised undisclosed amount in funding from XLHealth, a Berlin based health accelerator. mySugr’s Companion app is FDA approved as well as CE certified.
Physicians Interactive, a provider of web and mobile based clinical resources, partnered with McKesson Patient Relationship Solutions, a provider of patient adherence programs, to release Coupons on Demand. This product will provide clinicians easy access to medication cost-savings offers and adherence support through a patented web-based platform.