What is PharmD Live?
PharmD Live operates as a digital health innovator, delivering comprehensive pharmacist-led turnkey care management solutions and robust medication risk management programs. These services are meticulously designed to enhance clinical outcomes and elevate the quality of life for patients. The company collaborates with a diverse network of healthcare stakeholders, including physicians, accountable care organizations, post-acute care facilities, hospitals, and pharmaceutical companies. This collaborative approach facilitates the transition to value-based care models, actively promotes medication adherence, and provides essential services such as chronic care management (CCM), transitional care management (TCM), and annual wellness visits (AWV) tailored for Medicare and Medicaid beneficiaries. PharmD Live's adherence solutions are strategically aligned to support value-based purchasing initiatives within the pharmaceutical industry, addressing critical chronic care, medication adherence, and billing challenges faced by both patients and healthcare practices through its innovative software platform.
How much funding has PharmD Live raised?
PharmD Live has raised a total of $1M across 1 funding round:
Angel/Seed
$1M
Angel/Seed (2022): $1M with participation from TeleDoc
Key Investors in PharmD Live
TeleDoc
TeleDoc, an undisclosed investor, participated in the company's Angel/Seed funding round. Their involvement suggests a strategic interest in the digital health and care management space.
What's next for PharmD Live?
The recent major strategic investment in PharmD Live signals a strong validation of its business model and its potential for expansion within the evolving digital health landscape. This capital infusion is expected to fuel further development of its care management and medication risk solutions, potentially enabling broader market penetration and the enhancement of its technological infrastructure. The company's focus on value-based care and adherence programs positions it favorably to capitalize on the shift towards outcome-driven healthcare reimbursement models. Future growth may involve strategic partnerships, expanded service offerings, and deeper integration with healthcare systems to further optimize patient care and operational efficiencies.
See full PharmD Live company page
