CVS Health has launched Cordavis, a new subsidiary focused on bringing high-quality biosimilar products to the market to reduce drug costs. Biosimilars are FDA-approved biologic medications that are highly similar to already approved biologic medicines, CVS Health said in a Wednesday (Aug. 23) press release. These biosimilars...
Healthcare is the roughly $4 trillion behemoth of an industry woven from a tangled web of providers, patients and providers. And in at least one sign that the digital transformation of the sector is gaining incremental tailwind, Blue Shield of California is enlisting the efforts...
Navigating virtual care should be convenient, not confusing. That’s why PYMNTS puts together the Provider Ranking of Telemedicine Apps — to help consumers find the best care for their needs, no matter what ails them. It’s the 21st century, and the doctor will see you now. The...
Technological advancements and evolving consumer expectations are fueling a significant transformation in the healthcare space, with several retailers at the forefront of shaping new paradigms that prioritize convenience, affordability and personalized experiences. Amazon is one of the more notable examples, leveraging its vast logistical network...
The dynamic between behavioral expectations and technical capabilities increasingly finds its sweet spot in healthcare. In an era marked by unprecedented and hyper-rapid technological advancements, the way individuals approach and monitor their health and well-being has transformed. Industry giants GE HealthCare and Apple are both leaning into the growing...
GoHealth has seen consumers increasingly shop for Medicare plans, and it expects that trend to continue. The health insurance marketplace and Medicare-focused digital health company’s peers and partners have seen this trend too, CEO Vijay Kotte said Thursday (Aug. 10) during the company’s second-quarter 2023 earnings call. Beneficiaries now switch...
GoodRx is focusing on building relationships with retail pharmacies and finding new ways to help them manage their pricing margins and growth targets. The digital prescription platform is taking a proactive approach to strengthen its relationship with retail pharmacies like grocers and traditional drug store chains,...
Economic stressors could be driving both age cohorts’ use of online platforms to access wellness professionals. Even in the best of times, the world can be tough to navigate. And that’s without the many possible financial stumbling blocks that may arise, some of which can...
Virtual healthcare marketplace Amazon Clinic is now available across the United States. Initially launched in 32 states in November, the service has been expanded to all 50 states and Washington, D.C., Amazon said in a Tuesday (Aug. 1) blog post. Amazon Clinic provides messaging and...