CVS Caremark, GoodRx roll out program to lower drug costs

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Top Story CVS Caremark, GoodRx Launch Program To Lower Drug Costs CVS Caremark and GoodRx created a new program called Caremark Cost Saver, which will become available starting January 1, 2024. Through the program, eligible CVS Caremark commercially insured members will have access to GoodRx's prescription pricing on generic medications. Sponsorship Post Strengthening Security: The Importance of Multi-Factor Authentication in Healthcare Presented by Greenway Health Organizations across most industries, especially the technology sector, have adopted Multi-Factor Authentication (MFA) to fortify their security measures. Learn More>> Speakers Revealed INVEST Digital Health 2023 This year's event is covering many themes from Responsible AI to Solving Pharma's Pain Points to Reducing Friction between Payers and Providers, and so much more. Join us to hear from innovative investors, prominent industry players, contrarians, and entrepreneurs offering novel approaches to healthcare's greatest challenges. October 26th at Pegasus Park in Dallas, TX. Reserve Your Seat for Only $295 [sale ends 7/28] - Register Now!

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Diagnostic Testing Landscape Paves the Way for Consumer Centric Approach to Disease Detection The Covid-19 pandemic changed the way we think of the role of diagnostics not only for clinicians but also consumers. The pandemic propelled innovation of in vitro diagnostics and the at-home test kits space for chronic conditions, sexual health, and more. Nvidia's $50M Recursion Investment Starts Alliance to Scale Up in AI Drug Discovery Nvidia's investment isn't just working capital for Recursion Pharmaceuticals' technology-driven drug discovery research. Recursion says it will get more computing power as well as the possibility of joining forces with Nvidia in research. French Startup Snags $14M for Prenatal Ultrasound AI Tool Sonio recently gained $14 million in Series A funding. The Paris-based startup's AI platform automates ultrasound reporting so that healthcare providers can conduct ultrasound exams with greater accuracy, speed and efficiency. Anti-Information Blocking Fines Are Coming Later This Summer — Here's What You Need to Know The OIG recently added some teeth to the anti-information blocking regulations laid out in the 21st Century Cures Act. The office finalized penalties, including fines of up to $1 million for health IT companies found blocking the electronic flow of health data. Interoperability expert Troy Bannister said that these fines are a good starting point for ensuring greater interoperability, but he isn't too sure the OIG will be able to effectively enforce them. How 3D Visualization Software Can Improve Health Equity The invention of 3D visualization software and virtual dissection tables have revolutionized how we teach and explore human anatomy. Employer Healthcare Leads the Way to Happier Clinicians, Healthier Patients Providers just aren't given the time it takes to build rapport and ask the right questions within the fee-for-service model. That's why I left traditional medicine. Providers like me who now work in an employer healthcare model can truly help people versus treating them reactively. Europe Imposes Maximum Fine on Illumina for Early Grail Acquisition Illumina must pay a €432 million fine for closing its Grail acquisition before the European Commission finished its inquiry into the tie-up. The penalty is the maximum amount the regulator can impose on a company for breaching European merger rules. An Alarming Rise in Hospital Deaths Could Be Reversed with Simple Steps Reducing errors and improving patient safety have been considered a top priority since the 1999 IOM report  "To Err is Human: Building a Safer Health System" was released. While some great strides have been made, it's been almost 25 years and we are still seeing year-over-year increases in reported errors.

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