Today in Healthcare: 5G Powers Telehealth

Today in healthcare, Vizient launches a healthcare supply chain assistant and JPMorgan invests $50 million in Vera Whole Health, a medical subscription startup. Plus, 5G networks are powering the telehealth revolution and GoodRx and Surescripts team up for drug discounts.

JPMorgan Invests $50M In Medical Subscription Startup Vera Whole Health

JPMorgan Chase is backing healthcare startup Vera Whole Health with $50 million and will soon offer the subscription model plan to its employees. The investment is a first for J.P. Morgan’s healthcare division, Morgan Health, which launched in May, CNBC reported in an exclusive on Thursday (Aug. 5).

Blazing 5G Network Connectivity Is Powering A Wave Of Telehealth Innovation

Telemedicine has existed for some years, but seeing a doctor over the internet was far from common pre-COVID-19. Adoption has accelerated across the world, and 5G is fueling that growth by providing the necessary cellular network availability, bandwidth and ease of deployment.

Vizient Debuts Healthcare Supply Chain Help

Vizient has rolled out a new product to boost the strength of healthcare supply chains, per an announcement, via its partners. The product will offer visibility supplier manufacturing and distribution sites.

The product will also help monitor events that may impact operations as well as risk management services for essential supplies. The technology-enabled platform will help with Vizient members and suppliers with demand forecasting, real-time inventory availability and disruption alerts for logistics management.

GoodRx, Surescripts Team For Real-Time Drug Discounts

GoodRx has struck a deal with Surescripts on the Real-Time Prescription Benefit electronic drug discount pricing program to help uninsured patients and those who can’t get pricing information from their health plans.

The service allows prescribers to choose the appropriate medication for the patient based on the patient’s ability to pay. Using Surescripts Real-Time Prescription Benefit, prescribers can give patients discount pricing from GoodRx, a release stated.



About: Healthcare firms are losing 12 percent of their annual revenues to fraud, waste and abuse (FWA), yet few utilize artificial intelligence (AI) to address these issues due to cost concerns. In AI In Focus: Targeting Fraud, Waste And Abuse In Healthcare, PYMNTS surveyed 100 healthcare executives to learn how AI could actually help firms unlock savings by curbing costly false claims and false positives.

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