Quest Diagnostics, a supplier of diagnostic info providers, introduced it acquired LifeLabs, a supplier of laboratory diagnostic info and digital well being connectivity methods, from profit pension plan firm OMERS in a deal valued at roughly CAN $1.35 billion (USD $1 billion).
LifeLabs will proceed to function below its personal model, with the identical administration staff at its Toronto headquarters.
Secaucus, New Jersey-based Quest says it’ll provide LifeLabs with experience, new concepts and means to strengthen its providers.
The 2 corporations may also work collectively to enhance on-line appointment scheduling and pace up affected person service heart processing.
Quest may also assist LifeLabs’ knowledge safety enhancements whereas making certain Canadian sufferers’ well being knowledge stays in Canada.
“Becoming a member of forces with Quest Diagnostics marks a pivotal second for LifeLabs,” Charles Brown, president and CEO of LifeLabs, mentioned in an announcement. “Quest’s in depth diagnostic capabilities and forward-thinking technique will assist the LifeLabs staff improve entry to providers and in the end enhance healthcare for Canadians.”
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Waltz Well being, a digital search engine for prescription pricing and reimbursement, introduced a partnership with Reliance Rx, a specialty pharmacy, to decrease the price of prescription specialty medication.
Reliance Rx will turn out to be a part of Waltz Well being’s Waltz Join program as an in-network choice for all specialty drugs.
As a accomplice in Waltz Join’s market, well being plans and self-funded plan contributors needing specialty drugs could have entry to Reliance Rx’s providers at a lowered value.
“The Reliance Rx staff is concentrated on offering sufferers and suppliers with the very best specialty pharmacy expertise,” Timothy Carroll, vp of enterprise improvement and analytics at Reliance Rx, mentioned in an announcement.
“Our novel strategy layers on trendy know-how to carry transparency, effectivity and adaptability to specialty profit administration. For too lengthy, the opaque and archaic construction of the normal specialty drug provide chain has contributed to inefficiencies and misaligned incentives which have ballooned healthcare prices,” Waltz Well being cofounder and CEO Mark Thierer mentioned in an announcement
“Whenever you carry market rules to healthcare, you unlock competitors on value and differentiation on expertise. That’s no completely different in specialty medication, which is why we’re providing a complete resolution that may be tailor-made to every payer’s distinctive wants and contains a whole community of specialty pharmacy companions dedicated to supply financial savings and improved healthcare outcomes.”
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Marshall Well being Community, a West Virginia-based educational well being system, is becoming a member of forces with provider-facing healthcare-delivery platform Primefocus Well being to offer a personalized healthcare service resolution to deal with regional healthcare points, together with rural care entry, weight problems, wholesome getting old and substance abuse.
Primefocus Well being, which launched out of LG Electronics earlier this yr, will assist Marshall Well being deal with the wants of 1.4 million residents in 40 counties in West Virginia, southern Ohio and japanese Kentucky.
The 2 corporations will collaborate utilizing know-how and distant monitoring providers to supervise affected person progress for a number of medical situations and ship healthcare therapies to sufferers of their houses.
The goal is to assist healthcare suppliers efficiently handle outcomes and supply help, counseling, communication and interventions by way of an app-based affected person portal.
The alliance will start in September, with improvement plans all through the following yr and a affected person rollout in 2025.
“Working with Marshall Well being Community permits us to be entrance and heart in tackling key healthcare problems with West Virginia and rural Appalachia, as we construct out options to finest match and serve folks’s wants and get them entry to care that may assist them reside more healthy and higher lives,” Darren Sabo, CEO of Primefocus Well being, mentioned in an announcement.
