Healthcare

Healthcare
Forta Health Pulls in $55 Million to Bridge Autism Caregiver Gaps Using AI
January 29, 2024

Autism diagnoses are on the rise in children all over the world. In the U.S., for example, Autism Speaks reports that one in 36 children and one in 45 adults have been diagnosed with some level of autism spectrum disorder (ASD), up from just two...

Healthcare
J&J Sees Surge in MedTech Sales Post-Kenvue Split 
January 23, 2024

Six months after parting ways with its consumer health unit, Kenvue, Johnson & Johnson has reported total sales of $21.4 billion for the last quarter of 2023, a 7.3% increase from the corresponding quarter in 2022.  The pharmaceutical giant disclosed a net income of $4.13 billion,...

Healthcare
Doctor on Demand Dominates Provider Ranking of Telemedicine Apps
January 23, 2024

The new year often ushers in a case of the winter sniffles, but help is just a click away. With lots of choices in the world of online healthcare, PYMNTS is here to help you sort them out with the Provider Ranking of Telemedicine Apps. This...

Healthcare
Can Eli Lilly With LillyDirect Change the Delivery of Healthcare?
January 22, 2024

Trying to get rid of the middleman seems to be a universal business pastime. Companies spend billions trying to “go direct” to gather first-party data, exert more control over the customer experience and cut out the middleman fees. Investors pour tens of billions into startups...

Healthcare
Walgreens CEO Says Physical Stores Promote New Healthcare Services
January 10, 2024

Drugstore chain Walgreens is making strides in expanding its healthcare business, according to Walgreens Boots Alliance CEO Tim Wentworth. Wentworth highlighted the company’s efforts to transform itself into a large healthcare company by using its stores and brand, in an interview with CNBC’s Jim Cramer,...

Healthcare
Weave Introduces ACH Direct Debit Payments for Patients
January 10, 2024

  Weave, a platform for small and medium-sized healthcare businesses, has announced the integration of ACH debit payments into its product suite. This new addition allows patients to pay their co-pays or bills directly from their bank accounts, providing a more convenient and secure payment...

Healthcare
Unified Digital Platforms Surge as Boomers Embrace Streamlined, Integrated Healthcare Solutions
January 09, 2024

The healthcare landscape is undergoing a digital transformation, witnessing a surge in consumer adoption of centralized online healthcare portals for managing a spectrum of medical services and benefits in one place. These multifaceted platforms serve as centralized hubs, facilitating payment processing, overseeing prescriptions and pharmacy...

Healthcare
J.P. Morgan Healthcare Conference Spotlights Digital Transformation on Day One
January 08, 2024

Healthcare’s digital transformation took center stage during day one of J.P. Morgan’s annual healthcare conference.  For the 42nd year in a row, J.P. Morgan has drawn around 10,000 attendees to its pivotal healthcare industry event in San Francisco, bringing together key players, innovators and investors to...

Healthcare
CVS Expects 4th Quarter Medical Costs to Exceed 86% of Premiums
January 08, 2024

CVS Health is warning that its fourth-quarter medical costs may be higher than anticipated. The pharmacy and health insurance company’s finance chief said at a conference Monday (Jan. 8) that CVS’ medical expenses as a proportion of premiums could exceed the company’s goal for the...