# Digital Pharmacy * **Definition:** A pharmacy that operates online, providing medication and health services, often utilizing technology to enhance patient awareness and adherence to prescriptions. * **Taxonomy:** Healthcare Topics / Digital Pharmacy ## News * Selected news on the topic of **Digital Pharmacy**, for healthcare technology leaders * 3.9K news items are in the system for this topic * Posts have been filtered for tech and healthcare-related keywords | Date | Title | Source | | --- | --- | --- | | 5/20/2025 | [**LifeMD Expands into Women's Health Through Optimal Human Health MD Acquisition**](https://thehealthcaretechnologyreport.com/lifemd-expands-into-womens-health-through-optimal-human-health-md-acquisition/) | [[Healthcare Technology Report]] | | 4/30/2025 | [**Healthcare AI adoption up, but data and integration challenges persist**](https://www.healthcareitnews.com/news/healthcare-ai-adoption-data-and-integration-challenges-persist) | [[Healthcare IT News]] | | 4/29/2025 | [**Amazon Pharmacy, Photon Partner to Improve Rx Access + Price Transparency**](https://hitconsultant.net/2025/04/29/amazon-pharmacy-partners-w-photon-to-improve-rx-access-price-transparency/) | [[HIT Consultant]] | | 4/3/2025 | [**GoodRx Launches E-commerce Experience for Retail Pharmacies**](https://hitconsultant.net/2025/04/03/goodrx-launches-e-commerce-experience-for-retail-pharmacies/) | [[HIT Consultant]] | | 3/19/2025 | [**Health IT & CIO Report Archives - Page 278 of 294 - Becker's Hospital Review**](https://www.beckershospitalreview.com/newsletter-category/beckers-hospital-cio-report-e-weekly/page/278/) | [[Beckers Hospital Review]] | | 12/27/2024 | [**U.S. Compounding Pharmacy Market Industry Outlook & Forecast 2024-2029, Featuring Profiles for Avella Specialty Pharmacy, CAPS, Fagron, Fresenius Kabi and PenCol Pharmacy - ResearchAndMarkets.com**](http://www.businesswire.com/news/home/20241227524884/en/U.S.-Compounding-Pharmacy-Market-Industry-Outlook-Forecast-2024-2029-Featuring-Profiles-for-Avella-Specialty-Pharmacy-CAPS-Fagron-Fresenius-Kabi-and-PenCol-Pharmacy---ResearchAndMarkets.com/?feedref=JjAwJuNHiystnCoBq_hl-RLXHJgazfQJNuOVHefdHP-D8R-QU5o2AvY8bhI9uvWSD8DYIYv4TIC1g1u0AKcacnnViVjtb72bOP4-4nHK5ieT3WxPE8m_kWI77F87CseT) | [[Business Wire]] | | 12/26/2024 | [**The Business and Finance of Healthcare in 2025**](https://www.healthitanswers.net/the-business-and-finance-of-healthcare-in-2025/) | [[Health IT Answers]] | | 12/23/2024 | [**China's Digital Healthcare Transformation: Local Vendors Lead 2025 EHR Adoption ...**](https://finance.yahoo.com/news/chinas-digital-healthcare-transformation-local-150000005.html) | [[Yahoo Finance]] | | 12/21/2024 | [**Industry Revenue Insights and Market Worth with a Projected CAGR of 8.7or 2024 to 2031**](https://www.linkedin.com/pulse/exploring-medical-saas-system-market-industry-revenue-insights-zmsxf) | [[Linkedin]] | | 12/12/2024 | [**Eli Lilly, telehealth firm team up to expand Zepbound access**](https://www.beckershospitalreview.com/glp-1s/eli-lilly-telehealth-firm-team-up-to-expand-zepbound-access.html) | [[Beckers Hospital Review]] | | 12/10/2024 | [**Smart Healthcare Market to Grow by USD 125.7 Billion (2023-2028), Segmented by Channel, Solution, and Geography, with AI Impacting Market Trends - Technavio**](https://www.prnewswire.com/news-releases/smart-healthcare-market-to-grow-by-usd-125-7-billion-2023-2028-segmented-by-channel-solution-and-geography-with-ai-impacting-market-trends---technavio-302326632.html) | [[PR Newswire]] | | 12/9/2024 | [**Patient Engagement Solutions Market to Reach USD 82.35 Billion by 2032, Fueled by ...**](https://finance.yahoo.com/news/patient-engagement-solutions-market-reach-130000245.html) | [[Yahoo Finance]] | | 11/30/2024 | [**Robust Growth Anticipated in the Healthcare Cloud Computing Software Market, with a ... - LinkedIn**](https://www.linkedin.com/pulse/robust-growth-anticipated-healthcare-cloud-computing-software-plywf) | [[Linkedin]] | | 11/27/2024 | [**Comprehensive Examination of the Healthcare Software As A Service Market - LinkedIn**](https://www.linkedin.com/pulse/comprehensive-examination-healthcare-software-service-bpitc) | [[Linkedin]] | | 11/26/2024 | [**Remote Patient Monitoring Market to Expand by USD 3.31 Billion (2024-2028), Focus on ...**](https://www.prnewswire.com/news-releases/remote-patient-monitoring-market-to-expand-by-usd-3-31-billion-2024-2028-focus-on-chronic-disease-management-ai-powered-market-evolution---technavio-302315566.html) | [[PR Newswire]] | | 11/26/2024 | [**Mount Sinai Center to Combine AI, Data Science, Genomics - Healthcare Innovation**](https://www.hcinnovationgroup.com/analytics-ai/artifical-intelligence-machine-learning/news/55246083/mount-sinai-center-to-combine-ai-data-science-genomics) | [[Healthcare Innovation]] | | 11/25/2024 | [**Digi-Tech Pharma & AI Conference 2025: AI and Genomics Take Center Stage (London ...**](https://www.marketwatch.com/press-release/digi-tech-pharma-ai-conference-2025-ai-and-genomics-take-center-stage-london-united-kingdom-may-28-29-2025-researchandmarkets-com-2a20b074) | [[MarketWatch]] | | 11/23/2024 | [**Future Growth Trends in Offsite Medical Case Management Market with a Forecasted 11.1 ...**](https://www.linkedin.com/pulse/future-growth-trends-offsite-medical-case-management-pjnuc) | [[Linkedin]] | | 11/22/2024 | [**Market Trends Report: Analyzing the Mobile Medical Device Connectivity Market's ... - LinkedIn**](https://www.linkedin.com/pulse/market-trends-report-analyzing-mobile-medical-device-w9qqe) | [[Linkedin]] | | 11/20/2024 | [**Mobile Healthcare (mHealth) Solutions Market Growth Outlook 2024-2031 - LinkedIn**](https://www.linkedin.com/pulse/mobile-healthcare-mhealth-solutions-market-growth-outlook-jxfde) | [[Linkedin]] | | 11/19/2024 | [**Digital Pharmacy Market Size to Reach $483.52 Billion by 2032, Witnessing a CAGR of 17.3**](https://finance.yahoo.com/news/digital-pharmacy-market-size-reach-125800768.html) | [[Yahoo Finance]] | | 11/14/2024 | [**AI in Healthcare Market to Grow by USD 20.34 Billion (2024-2028), Driven by ... - MarketWatch**](https://www.marketwatch.com/press-release/ai-in-healthcare-market-to-grow-by-usd-20-34-billion-2024-2028-driven-by-healthcare-digitization-ai-powered-report-highlights-market-transformation-technavio-ef87aa24) | [[MarketWatch]] | | 11/12/2024 | [**Healthcare IT Market to Grow by USD 199.8 Billion (2024-2028), Driven by Focus on Service ...**](https://www.prnewswire.com/news-releases/healthcare-it-market-to-grow-by-usd-199-8-billion-2024-2028-driven-by-focus-on-service-quality-and-efficiency-ai-powered-report-highlights-market-transformation---technavio-302301465.html) | [[PR Newswire]] | | 7/30/2024 | [**Strategies for Medtech Startup Success in Europe**](https://www.medicaltechoutlook.com/news/strategies-for-medtech-startup-success-in-europe-nwid-3580.html) | medicaltechoutlook.com | | 4/27/2021 | [**Digital pharmacy startup Capsule clinches $300M to invest in 'one-stop-shop' for digital health**](https://www.fiercehealthcare.com/tech/digital-pharmacy-startup-capsule-clinches-300m-to-invest-one-stop-shop-for-digital-healthcare) | [[FierceHealthcare]] | ## Topic Overview (Some LLM-derived content — please confirm with above primary sources) ### Key Players - **Alto Pharmacy**: A digital pharmacy that enhances patient care and simplifies medication access through technology, serving over 500,000 patients. - **GoodRx**: A digital platform that has launched an e-commerce experience to improve how consumers obtain medications through retail pharmacies. - **Photon Health**: A company that partnered with Amazon Pharmacy to enhance prescription access and price transparency. - **MedAdvisor Solutions**: A company focused on enhancing pharmacy experiences through digital technology to improve patient outcomes and communication. - **Surescripts**: A leading e-prescribing network that facilitates electronic prescriptions and medication management. - **DrFirst**: A healthcare technology vendor focused on enhancing medication management workflows and improving patient care. - **LetsGetChecked**: A healthcare company that acquired Truepill to enhance its pharmacy technology capabilities and improve healthcare delivery. - **Avel eCare**: A healthcare organization that provides telepharmacy support and management services, recently acquiring Hospital Pharmacy Management, Inc. - **Practice Fusion**: An electronic health record (EHR) provider that offers integrated e-prescribing solutions. - **The Sequoia Project**: An organization that launched a Pharmacy Workgroup to enhance health IT interoperability. - **VSee Health**: A telehealth platform that enhances healthcare delivery through customized workflows and partnerships with organizations like SkywardRx. - **Shadowbox**: A healthcare technology company focused on enhancing patient care through accessible and secure patient data management. - **GE Healthcare**: A provider of medical technologies and services, including remote monitoring solutions. - **Genex Services**: A company focused on delivering integrated healthcare solutions, utilizing digital tools for case management. - **Koninklijke Philips**: A global leader in health technology, focusing on remote patient monitoring and telehealth solutions. - **Optum**: A leading healthcare services company that enhances service delivery through technology and innovative care models. - **FDA**: The U.S. Food and Drug Administration, which has established the Digital Health Advisory Committee to discuss the use of generative AI in medical devices. - **CareCloud**: A healthcare technology company that provides integrated solutions for practice management and patient engagement. - **LifeMD**: A healthcare company that acquired assets from Optimal Human Health MD to develop a nationwide virtual care program focused on women's health. ### Partnerships and Collaborations - **LetsGetChecked and Truepill**: Acquisition aimed at improving healthcare delivery through advanced pharmacy technology. - **MedAdvisor Solutions**: Collaborates with pharmacies to integrate an omnichannel engagement platform for better patient communication. - **Digi-Tech Pharma & AI 2025 Conference**: A platform for pharmaceutical companies and healthcare providers to collaborate on advancements in drug development and digital health. - **CareCloud and DrFirst**: Expanded partnership to include RxInform functionality aimed at improving medication adherence and reducing prescription costs. - **Avel eCare and Hospital Pharmacy Management, Inc.**: This acquisition aims to improve pharmacy care services and address staffing shortages in health systems. - **Alto Pharmacy and Alto Technologies**: Alto Technologies integrates pharmacist expertise with automation and AI to enhance pharmacy efficiency. - **VSee Health and SkywardRx**: This partnership aims to enhance telehealth and billing services for various clients, improving patient access and reducing costs. - **Digital Medicine Society and Consumer Technology Association**: Co-hosting the Connected Health Collaborative Community to enhance connected health technologies. - **Eli Lilly and Ro**: Partnership to enhance access to weight loss drug Zepbound through telehealth services. - **Intelligent Product Solutions (IPS) and HaH Project**: Collaboration to enhance at-home digital healthcare and promote connected health solutions. - **Royal Melbourne Hospital and ANDHealth**: Partnership to support digital transformation and access to emerging technologies. - **NHS England**: Adopting open-source IT solutions to meet local healthcare needs, promoting innovation and customization in healthcare delivery. - **NYU Langone Health**: Established a new IT department focused on health informatics to leverage emerging technologies like generative AI. - **Providence and Xsolis**: Expanding collaboration to implement AI-driven operational efficiencies across additional hospitals. - **Mount Sinai Health System**: Engaged in multiple partnerships to develop AI tools and enhance decision-making across its hospitals. - **VSee Health and Tele911**: This partnership aims to address emergency room overcrowding by utilizing telehealth solutions for low-acuity 911 calls, improving patient-centered care. - **Mobile Medical Device Connectivity Market**: Acquisition of Lifepack by MNDR to enhance telehealth capabilities in Indonesia. - **AvaSure and Ouva**: AvaSure acquired Ouva's AI-powered smart room solutions to enhance its Intelligent Virtual Care Platform. ### Innovations, Trends, and Initiatives - **Digital Pharmacy Solutions**: HealthDyne emphasizes the role of technology in enhancing patient care and reducing fragmentation in healthcare communication. - **E-commerce in Pharmacy**: GoodRx's new e-commerce platform allows users to check medication availability and complete orders online. - **Blockchain Technology**: Used to ensure the authenticity of pharmaceutical products and enhance data integrity in e-pharmacies. - **Telemedicine and E-Pharmacy Convergence**: This trend is expanding access to healthcare by facilitating remote prescriptions and consultations. - **E-Prescribing Growth**: 92% of prescribers now utilize e-prescribing technology, significantly improving patient care through real-time access to information. - **AI and Machine Learning**: These technologies are being integrated into digital pharmacies to provide personalized services and improve operational efficiency. - **Pharmacy Workgroup**: The Sequoia Project's initiative to enhance interoperability in pharmacy services. - **Digital Transformation**: Healthcare organizations are increasingly adopting digital health solutions, including telehealth and remote patient monitoring, to improve patient care. - **Omnichannel Engagement**: MedAdvisor Solutions developed a platform to improve patient engagement and medication adherence. - **Telehealth Growth**: The rise of telehealth services is transforming access to medications and healthcare, particularly in response to the COVID-19 pandemic. - **Patient Engagement Solutions**: The market is growing due to advancements in mobile health applications and patient portals, enhancing communication and personalized care. - **AI in Diagnostics**: AI applications in diagnostics, treatment planning, and drug discovery are streamlining healthcare operations and improving patient outcomes. - **Telehealth Expansion**: Significant growth in telehealth services, particularly for behavioral health, driven by the Covid-19 pandemic. - **Telemedicine**: The telemedicine market is projected to grow at a CAGR of 7.6% from 2024 to 2031, driven by resource optimization and cost-effectiveness. - **AI Integration**: Increasing use of AI in healthcare applications for diagnostics, patient monitoring, and personalized medicine. - **Hospital-at-Home Model**: A transformative approach to healthcare delivery that aims to lower costs and improve patient outcomes. - **Remote Patient Monitoring (RPM)**: RPM technologies are expanding due to the integration of IoT devices and telemedicine applications, improving patient engagement and chronic disease management. - **mHealth Solutions**: The mHealth market is expected to grow at a CAGR of 5.7% from 2024 to 2031, focusing on cost reduction and resource optimization through mobile apps and telemedicine platforms. ### Challenges and Concerns - **Regulatory Compliance**: Digital pharmacies must ensure compliance with healthcare regulations while adopting new technologies. - **Patient Data Privacy**: Concerns regarding the confidentiality and safety of patient records are significant challenges in the digital pharmacy landscape. - **Data Privacy**: Concerns about data privacy and compliance challenges in telehealth and digital pharmacy services. - **Regulatory Hurdles**: The digital pharmacy sector faces challenges related to compliance with evolving regulations and data privacy concerns. - **Interoperability Issues**: Disconnect between electronic health records and pharmacy systems hinders effective medication management. - **Healthcare Payment System Issues**: Challenges within the payment system may hinder the effectiveness of digital transformation in pharmacies. - **Regulatory Complexities**: Challenges in navigating the regulatory landscape for telehealth and e-prescribing. - **Regulatory Scrutiny**: Increasing scrutiny from agencies like the DEA and FDA regarding telehealth and prescription practices. - **Data Security**: As digital health solutions proliferate, concerns over data security and patient confidentiality remain significant. - **Prescription Fraud**: Concerns about prescription fraud and the need for balanced policies to ensure responsible prescribing. - **Prescription Abandonment**: Up to 25% of new prescriptions are never filled, leading to significant costs in the healthcare system. - **Cybersecurity Risks**: The healthcare sector faces increased cybersecurity challenges, including data breaches and fraud, which threaten patient care and organizational integrity. - **Integration Issues**: The integration of AI technologies into clinical practices poses challenges, including standardization and ensuring compliance with regulations. - **Cybersecurity**: A data breach at Memorial Hermann raises concerns about cybersecurity in healthcare organizations. - **Market Consolidation**: Mergers and acquisitions in the healthcare sector may lead to reduced competition and innovation. - **Data Security Risks**: The reliance on cloud services poses risks of data disruptions, leading to potential information loss and system failures.