What is PharmD Live?
PharmD Live operates at the intersection of digital health and pharmaceutical services, offering pharmacist-led turnkey care management solutions and medication risk management. Their services, including adherence programs, are designed to enhance clinical outcomes and patient quality of life. The company collaborates with a diverse range of healthcare entities such as physicians, accountable care organizations, post-acute care facilities, hospitals, and pharmaceutical companies. This strategic positioning enables PharmD Live to facilitate the transition to value-based care models, bolster medication adherence, and deliver comprehensive care management services, including Chronic Care Management (CCM), Transitional Care Management (TCM), and Annual Wellness Visits (AWV) specifically for Medicare and Medicaid beneficiaries. Their adherence solutions are also tailored to support value-based purchasing initiatives within the pharmaceutical sector, highlighting a dual focus on patient well-being and industry-specific financial incentives.
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 is an investor participating in the funding round, with a focus that may align with digital health or telehealth solutions.
What's next for PharmD Live?
The recent major strategic investment signifies a pivotal moment for PharmD Live, likely enabling accelerated expansion of its service offerings and technological infrastructure. This backing is expected to fuel further development in its digital health platform, enhancing its capabilities in medication risk management and pharmacist-led care coordination. The company's focus on value-based care solutions positions it favorably to capitalize on the growing demand for efficient, outcome-driven healthcare services, particularly within the Medicare and Medicaid populations. Future growth may involve deeper integration with healthcare providers and pharmaceutical partners, solidifying its role in optimizing patient care pathways and demonstrating measurable improvements in clinical outcomes and cost-effectiveness.
See full PharmD Live company page
