Today in Healthcare: 5G Powers Telehealth Innovation, JPMorgan Backs Medical Subscription Startup

healthcare, AI, funding, investments, ClosedLoop, AI

Today in healthcare, Vizient launches a healthcare supply chain assistant and JPMorgan invests $50 million in Vera Whole Health, a medical subscription startup. Plus, 5G networks are powering the telehealth revolution and GoodRx and Surescripts team up for drug discounts.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    JPMorgan Invests $50M In Medical Subscription Startup Vera Whole Health

    JPMorgan Chase is backing healthcare startup Vera Whole Health with $50 million and will soon offer the subscription model plan to its employees. The investment is a first for J.P. Morgan’s healthcare division, Morgan Health, which launched in May, CNBC reported in an exclusive on Thursday (Aug. 5).

    Blazing 5G Network Connectivity Is Powering A Wave Of Telehealth Innovation

    Telemedicine has existed for some years, but seeing a doctor over the internet was far from common pre-COVID-19. Adoption has accelerated across the world, and 5G is fueling that growth by providing the necessary cellular network availability, bandwidth and ease of deployment.

    Vizient Debuts Healthcare Supply Chain Help

    Advertisement: Scroll to Continue

    Vizient has rolled out a new product to boost the strength of healthcare supply chains, per an announcement, via its partners. The product will offer visibility supplier manufacturing and distribution sites.

    The product will also help monitor events that may impact operations as well as risk management services for essential supplies. The technology-enabled platform will help with Vizient members and suppliers with demand forecasting, real-time inventory availability and disruption alerts for logistics management.

    GoodRx, Surescripts Team For Real-Time Drug Discounts

    GoodRx has struck a deal with Surescripts on the Real-Time Prescription Benefit electronic drug discount pricing program to help uninsured patients and those who can’t get pricing information from their health plans.

    The service allows prescribers to choose the appropriate medication for the patient based on the patient’s ability to pay. Using Surescripts Real-Time Prescription Benefit, prescribers can give patients discount pricing from GoodRx, a release stated.