Latest news with #Healthcare
Forbes
12 hours ago
- Business
- Forbes
Amazon, A Small Pharmacy Player, Seeks To Dent CVS And Walgreens Medicare Share
Amazon Pharmacy is rolling out new features in hopes of attracting more seniors covered by Medicare's drug benefit, a potentially lucrative market dominated by CVS Health and Walgreens. In an announcement Tuesday, Amazon said it is launching a new 'caregiver support feature' that allows its customers to have someone else manage medications on their behalf. Once the caregivers are verified through a secure invitation, 'caregivers can now manage medications for their loved ones,' the company said. In addition, customers with Medicare Part D drug coverage can now access PillPack, Amazon's online pharmacy that is designed to simplify medication management, particularly for multiple prescriptions via pre-sorted and labeled packets delivered directly to patients' doors. It's the latest effort by the online retail giant Amazon to invest in its pharmacy business, which Drug Channels Institute estimates generated 'less than $2 billion in 2024 revenue - just 0.3% of the total prescription dispensing market.' Amazon doesn't disclose how many prescriptions it fills or financial information regarding its pharmacy and healthcare businesses. Amazon, which purchased PillPack seven years ago this month for more than $750 million, has yet to disclose revenues for its Amazon Pharmacy business in the parent company's quarterly earnings statements. In contrast, CVS filled 435 million prescriptions in the first quarter for an increase of 4.3% from the year ago period while Walgreens filled more than 309 million prescription in its most recent quarter, up 3.4%. Combined, Walgreens and CVS generated more than $370 billion in prescription revenues last year, According to Dryg Channels. CVS and Walgreens have the largest share of the U.S. prescription market by most measures at a combined 40% while Amazon's share is less than 1%, according to some studies. Neither CVS nor Walgreens would disclose how many Medicare Part D prescriptions the companies fill. By adding features for seniors, Amazon Pharmacy is looking to tap a Medicare prescription market growing by thousands every day. More than 11,000 Americans are turning 65 every day. Amazon is also trying to find a niche with Americans who are caring for an elderly family member. More than 50 million people in the U.S. 'are taking care of an aging family member,' Amazon said citing data from AARP. The aging population, coupled by industry statistics showing up to one-third of Americans don't take their medications as directed or never fill them. 'These updates deliver what our customers have been asking for—simpler medication management for themselves and their loved ones,' Amazon Pharmacy vice president John Love said. 'Whether you're a caregiver juggling multiple prescriptions for an aging parent, or a customer who could benefit from the convenience of pre-sorted packets delivered reliably each month, we're removing barriers and making pharmacy work better for you.'
Yahoo
17 hours ago
- Business
- Yahoo
Healthcare Information Exchange Market Trends, Opportunities, and Forecast, 2020-2024 & 2025-2030: Government Initiatives Propel Growth, Competitive Landscape, The Rise of AI and IoT Innovations
Key opportunities in the Healthcare Information Exchange market include increased digitization of healthcare, technological advancements like AI and IoT for improved data security and real-time sharing, government support for standardization and privacy, cost-efficiency measures, and enhanced patient-centric care models. Healthcare Information Exchange Market Dublin, June 03, 2025 (GLOBE NEWSWIRE) -- The "Healthcare Information Exchange Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F" report has been added to Healthcare Information Exchange Market was valued at USD 1.45 Billion in 2024, and is expected to reach USD 2.48 Billion by 2030, rising at a CAGR of 9.36% The Global Healthcare Information Exchange (HIE) Market is experiencing significant growth and transformation, driven by the increasing digitization of healthcare systems, growing demand for efficient data sharing, and a focus on improving patient care and outcomes. This market overview provides insights into the key drivers, challenges, trends, and opportunities shaping the HIE landscape worldwide. Moreover, Government support for healthcare information technology to improve care quality is another key driver. For instance, in May 2023, Ontario launched a health information exchange (HIE) system called eHub to improve patient care. This system, enabled by Oracle, allows 21 hospitals to securely share patient data, making communication more efficient and reducing the administrative burden. This collaboration between healthcare providers and TransForm aims to enhance care coordination for Ontarians. Regional InsightsNorth America emerged as the dominant region in the global Healthcare Information Exchange market in 2022, holding the largest market share in terms of value. The presence of numerous healthcare providers, hospitals, and clinics drives the demand for HIE solutions to enhance patient care and streamline operations. Strong Regulatory Environment: The United States has robust data privacy regulations like HIPAA, which mandate secure and interoperable data exchange in regulatory framework has stimulated HIE adoption as healthcare organizations strive to achieve compliance. Technological Advancements: North America is a global hub for healthcare technology innovation. The region has witnessed significant investments in electronic health records (EHRs), telehealth, and interoperability solutions, fostering the growth of the HIE market. Large and Diverse Population: The North American region's large and diverse population demands efficient healthcare data exchange to ensure patient-centric care, care coordination, and public health several strategic activities in the region by key market players, such as the launch of new technology, collaborations, and partnerships. For instance, according to the news reported on March 2024, Orion Health group of companies inaugurated the "State Health Data Center of Excellence (SHDCoE)" in the U.S. The primary focus of this strategic launch was to engage in new collaborations and be an innovation hub to elevate regional Health Information Exchange (HIE) operations in the health information exchange market was identified as a lucrative region in this industry. The increasing awareness in the government about the importance of healthcare data, investments in data centers, strategic partnerships, and advanced technologies are attributable to the growth in Europe. For instance, as per the news the World Health Organization published in December 2023, WHO and the European Commission entered into a partnership to support healthcare services for about 1 billion people, strengthen health information systems, and boost health data governance and interoperability in the European Region. This project cost USD 13.0 million and was supported by the European government. Such initiatives propelled the market growth and are expected to function similarly in the coming Insights Setup InsightBased on Setup, the private HIE segment emerged as the dominant player in the global market for Healthcare Information Exchange in 2024. Private HIEs give healthcare organizations greater control over patient data, ensuring compliance with data privacy regulations like HIPAA in the United States or GDPR in Europe. This control instills trust among patients that their sensitive health information is handled with care and in accordance with legal requirements. Customization: Private HIEs allow healthcare entities to tailor the system to their specific needs and workflows. This customization ensures that the HIE aligns seamlessly with existing processes, optimizing efficiency and usability. Data Security: By maintaining a private HIE, organizations can implement their security measures and protocols. This level of control mitigates security risks and minimizes the potential for data breaches, which is especially critical in the healthcare sector. Patient Access: Private HIEs empower patients by providing them with secure access to their health records and information. This access fosters active engagement in their healthcare journey and encourages them to take ownership of their health. Transparency: Patients appreciate transparency in their care. Private HIEs allow patients to view their test results, treatment plans, and medical history, creating a transparent and trusting relationship between patients and healthcare providers. Telehealth Integration: Many private HIEs offer integrated telehealth capabilities, allowing patients to participate in virtual consultations and receive remote care. This convenience and accessibility enhance patient satisfaction. Application InsightBased Application, the web portal development segment emerged as the dominant player in the global market for Healthcare Information Exchange in 2024. Web portals provide a user-friendly interface that healthcare providers, patients, and other stakeholders find easy to navigate. This accessibility encourages adoption and active engagement. The dominance of web portals in the Global Healthcare Information Exchange Market is a result of their accessibility, user-friendliness, real-time data sharing, patient-centered approach, and robust data security. These applications empower healthcare providers and patients alike by offering seamless access to critical healthcare information and enabling efficient collaboration. Web portals prioritize data privacy and compliance with regulations, ensuring that patient data remains secure and protected. In a healthcare landscape that values patient engagement, timely information sharing, and data security, web portals have emerged as the preferred application for HIE. Universal Access: Web-based portals are accessible from any device with an internet connection, making them a versatile tool for healthcare data exchange. Users can access critical patient information on desktops, laptops, tablets, and smartphones. Patient Empowerment: Patients appreciate the simplicity and accessibility of web portals, as they can easily access their medical records, lab results, appointment schedules, and communicate with healthcare providers. This empowerment enhances patient engagement and satisfaction. End-User InsightsBased on End-User, healthcare providers segment emerged as the dominant player in the global market for Healthcare Information Exchange. Healthcare providers, including hospitals, clinics, and physician practices, are the primary users of patient data. They require access to comprehensive medical records, test results, and treatment history to make informed clinical decisions and provide optimal patient care. Timely Diagnoses and Treatment: Healthcare providers rely on HIE systems to access critical patient information quickly. Timely access to data enables faster diagnoses, treatment planning, and interventions, ultimately improving patient outcomes. Care Coordination: Healthcare providers often work in multidisciplinary teams to provide coordinated care to patients. HIE systems facilitate seamless data sharing and communication among these teams, leading to more effective care coordination. Streamlined Data Exchange: Healthcare providers heavily depend on efficient data sharing to avoid redundant tests, unnecessary procedures, and delays in care delivery. HIE systems streamline the exchange of patient data, reducing administrative overhead and improving workflow efficiency. Integration with EHR Systems: Electronic Health Record (EHR) systems are integral to healthcare providers' daily operations. HIE systems can seamlessly integrate with EHRs, ensuring that providers have immediate access to patient data within their familiar workflow. Improved Patient Engagement: HIE systems empower healthcare providers to engage patients more actively in their care. They can share medical records, test results, and treatment plans with patients through secure portals, fostering greater patient engagement and adherence to treatment regimens. These factors collectively contribute to the growth of this segment. Key Attributes: Report Attribute Details No. of Pages 182 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $1.45 Billion Forecasted Market Value (USD) by 2030 $2.48 Billion Compound Annual Growth Rate 9.3% Regions Covered Global Report Scope: Key Market Players Allscripts Healthcare Solutions Inc. Cerner Corporation Open Text Corporation Conifer Health Solutions Epic Corporation Inc. Infor, Inc Medicity, Inc. NextGen Healthcare Information Systems LLC Optum Inc. Orion Health Healthcare Information Exchange Market, By Implementation Model: Centralized /Consolidated Models Decentralized / Federated Models Hybrid Model Healthcare Information Exchange Market, By Setup Type: Private Public Healthcare Information Exchange Market, By Application: Internal Interfacing Secure Messaging Workflow Management Web portal Development Other Healthcare Information Exchange Market, By Exchange Type: Direct Exchange Query-based Exchange Consumer Mediated Exchange Healthcare Information Exchange Market, By Component: Enterprise Master Person Index (EMPI) Healthcare Provider Directory (HPD) Record Locator Service (RLS) Clinical Data Repository Other Healthcare Information Exchange Market, By End-User: Public Health Agencies Healthcare Providers Others Healthcare Information Exchange Market, By Region: North America United States Canada Mexico Europe France United Kingdom Italy Germany Spain Asia-Pacific China India Japan Australia South Korea South America Brazil Argentina Colombia Middle East & Africa South Africa Saudi Arabia UAE For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Healthcare Information Exchange Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
17 hours ago
- Business
- Globe and Mail
UnitedHealth (UNH) Gets a Buy from KeyBanc
In a report released today, Matthew Gillmor CFA from KeyBanc maintained a Buy rating on UnitedHealth (UNH – Research Report), with a price target of $400.00. Confident Investing Starts Here: According to TipRanks, Gillmor CFA is an analyst with an average return of -6.7% and a 37.93% success rate. Gillmor CFA covers the Healthcare sector, focusing on stocks such as UnitedHealth, Acadia Healthcare, and Encompass Health. In addition to KeyBanc, UnitedHealth also received a Buy from Bernstein's Lance Wilkes in a report issued on May 21. However, on the same day, HSBC downgraded UnitedHealth (NYSE: UNH) to a Sell. See Insiders' Hot Stocks on TipRanks >> The company has a one-year high of $630.73 and a one-year low of $248.88. Currently, UnitedHealth has an average volume of 14.35M. Based on the recent corporate insider activity of 147 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of UNH in relation to earlier this year. Last month, Timothy Patrick Flynn, a Director at UNH bought 1,533.00 shares for a total of $491,786.40.
Medscape
a day ago
- General
- Medscape
CMSC 2025
Guidelines on Rapid BP Reduction in Stroke Challenged A new study challenges guideline recommendations to rapidly reduce BP in acute ischemic stroke patients to allow for swift thrombolysis. Medscape Medical News , May 22, 2024 Guidelines on Rapid BP Reduction in Stroke Challenged Shift Needed in Research, Treatment, for Aging MS Population Biologic age is more important than chronological age, and both are more important than disease duration for framing the care of aging patients with multiple sclerosis. Medscape Medical News , Jun 14, 2024 Shift Needed in Research, Treatment, for Aging MS Population Anti-CD20 HGG Linked to Serious Infection Risk in MS Hypogammaglobulinemia is a known risk linked to B-cell–depleting therapies, but a real-world study has specified the risk and risk factors in multiple sclerosis. Medscape Medical News, Jun 07, 2024
Yahoo
2 days ago
- Automotive
- Yahoo
Eagers Automotive's (ASX:APE) Returns On Capital Are Heading Higher
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So when we looked at Eagers Automotive (ASX:APE) and its trend of ROCE, we really liked what we saw. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Eagers Automotive is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.18 = AU$538m ÷ (AU$5.5b - AU$2.4b) (Based on the trailing twelve months to December 2024). So, Eagers Automotive has an ROCE of 18%. In absolute terms, that's a pretty normal return, and it's somewhat close to the Specialty Retail industry average of 16%. View our latest analysis for Eagers Automotive In the above chart we have measured Eagers Automotive's prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free analyst report for Eagers Automotive . Eagers Automotive is displaying some positive trends. The numbers show that in the last five years, the returns generated on capital employed have grown considerably to 18%. Basically the business is earning more per dollar of capital invested and in addition to that, 31% more capital is being employed now too. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers. Another thing to note, Eagers Automotive has a high ratio of current liabilities to total assets of 44%. This can bring about some risks because the company is basically operating with a rather large reliance on its suppliers or other sorts of short-term creditors. Ideally we'd like to see this reduce as that would mean fewer obligations bearing risks. To sum it up, Eagers Automotive has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. And a remarkable 199% total return over the last five years tells us that investors are expecting more good things to come in the future. Therefore, we think it would be worth your time to check if these trends are going to continue. On a final note, we found 3 warning signs for Eagers Automotive (1 is significant) you should be aware of. If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
