Posts in Pharma
F135 Why is Medication Price Transparency a Challenge in the US? (Carm Huntress)

Because US healthcare is private and operates by the rules of the free market, prices for services and medications can differ substantially. It is very difficult for patients and doctors to know the medication cost in advance.

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F116 Medication Management Goes Beyond Pill Reminders. Patients Want Transparency. (Jennifer Butler)

Medication management is a complicated, expensive, and complex healthcare problem. Because taking medications is only on a small part of patient’s lives, taking them correctly can be complicated and burdensome. On Medisafe, patients manage almost 30,000 medication doses every hour. The app is free for the users, but the generated data creates value that helps partners of Medisafe to promote collaboration and improved decision-making throughout the healthcare industry.

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F111 The full circle in telemedicine - adding home delivery of medications and at-home diagnostics ( Sid Viswanathan, Truepill)

There are a number of players that are trying to disrupt the pharmacy market. Companies such as GoodRx, RxSaver and now Amazon Pharmacy are starting to bring pricing transparency in the field. The Amazon Prime prescription savings benefit can save members up to 80% off generic and 40% off brand name medications when paying without insurance. Truepill is offering healthcare players a fast way to digital transformation.

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