As pharma costs continue to soar, employers are working to lessen the burden on their organizations and employees. Today, Americans spend more on prescription drugs than anyone else in the world. On average, $1,100 comes out of every pocket each year. Specialty drugs are a big chunk. In the U.S., specialty drug spending is predicted […]
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Making BIG Pharma Feel Small(er) for Employers
Innovation Labs: Why Apple and Amazon are Investing in Healthcare for Their Employees
Recent moves by Apple and Amazon to invest in medical clinics for their own employees have made headlines. Behind the news lurks a question: why? CNBC reporter Christina Farr published this story, seeking to find the answer. The story explores three possible reasons: • To control costs • To test new products • To prepare […]
Best Buy and GreatCall: Unexpected Partnerships are the New Normal in Healthcare
Best Buy, the electronics retailer, recently announced an $800M deal to buy GreatCall, a health technology company that focuses on the elderly. Read on to learn why the deal makes sense for Best Buy and the surprising trends behind it. The company provides connected health and emergency response services to more than 900,000 paying subscribers. […]
Medication Adherence: How Employers Can Help Employees Be Healthier
The old saying goes: “the most expensive medication is the one you didn’t take.” If that rings true, why is skipping medications so common?
Lifestyle Medicine: Some companies go beyond wellness to embrace a new prescription for health
The term “medicine” calls to mind pills, injections, and visits to the pharmacist. But what if the most effective treatment can’t be written on a prescription pad? Lifestyle medicine is an approach to health and healthcare that has gotten tons of press recently. But unlike some health trends, it has a lot of science behind […]