Global biopharmaceutical company AstraZeneca has launched a HealthTech business aimed at offering digital health solutions in the life sciences sector. The primary focus of the new company, which is called Evinova, is to bring established and scalable digital technology solutions to optimize clinical trial design...
The digitization of health care continues. And the progress can be tracked, in part, by the continued slew of earnings reports from the platforms and Big Tech firms making inroads in a market where, as estimated by the government, U.S. healthcare spending tops $4.3 trillion. Beyond...
The use of digital health and wellness tools has become increasingly important, proving particularly crucial in rural areas with limited brick-and-mortar healthcare facilities. Despite this, rural consumers are trailing behind their urban counterparts in embracing these digital solutions. In The “ConnectedEconomy™ Monthly Report: The Urban-Rural Health...
Healthcare-focused firms are deploying new technologies and partnerships to streamline customers’ access to health insurance and prescriptions. For example, GoHealth, a health insurance marketplace and Medicare-focused digital health company, has transitioned to its new enrollment and engagement solution called Encompass that is designed to enhance the...
Innovation plays a role in making healthcare experiences more intuitive, accessible, personalized and affordable. But navigating the forest of today’s healthcare innovations and services can be just as complicated as picking one’s way through the care delivery journey itself. “The market is flooded with point...
Amazon says it will begin offering Prime members healthcare services from One Medical. The $99-per-year — or $9 per month — program, announced Wednesday (Nov. 8), gives Prime members access to things like virtual and primary care services through One Medical, an Amazon-owned company. “When it is easier for...
Already a multibillion-dollar industry, telemedicine’s value is projected to jump fivefold in nine years. That’s according to a recent report by Emergen Research, showing the global telehealth market reaching around $450 billion in 2032, compared to $84 billion last year. The report cites a number of factors...
Riding high, Johnson & Johnson reported pharmaceutical sales worth $13.89 billion on Tuesday (Oct 17), a year-over-year growth exceeding 5%. The pharmaceuticals driving its growth are Darzalex, a biologic used for multiple myeloma, and Erleada, a prostate cancer treatment, in addition to several other oncology...
A recent report finds that consumers’ private medical information may not be that private. “The healthcare industry has rapidly embraced digital technologies to enhance patient care, streamline operations, and improve communication,” security firm Feroot wrote on its blog last week in discussing its new report. “However, this digital...
