ZappRx provides a digital health platform. The company provides a comprehensive portal that allows patients, physicians, and pharmacists to work together to improve patient’s access to treatment and deliver medicine faster. It was founded in 2012 and is based in Boston, Massachusetts. In June 2019, ZappRx was acquired by Veradigm.
Expert Collections containing ZappRx
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
ZappRx is included in 1 Expert Collection, including Digital Health.
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Latest ZappRx News
Feb 11, 2022
" - https://www.reportlinker.com/p06229195/?utm_source=GNW and General Electric Company. The global digital health market is expected to grow from $201.24 billion in 2021 to $252.47 billion in 2022 at a compound annual growth rate (CAGR) of 25.5%. The slow growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $596.56 billion in 2026 at a CAGR of 24.0%. The digital health market consists of sales of digital health services by entities (organizations, sole traders, and partnerships) that are engaged in providing digital health services for the smooth functioning of healthcare-related services.Digital health refers to the use of information technology/electronic communication tools, services, and procedures to provide healthcare services or to promote improved health care. Only goods and services traded between entities or sold to end consumers are included. The main types of digital technologies are mobile health (mHealth), health information technology, telehealth and telemedicine, and health analytics.Mobile health is the medicine and public health service supported by mobile devices such as mobile phones, tablets, personal digital assistants and the wireless infrastructure. These are used by healthcare providers, healthcare payers, pharmaceutical companies in the areas of cardiology, diabetes, neurology, sleep apnea, and oncology. The favorable government initiatives in response to COVID-19 are expected to propel the growth of the digital health market in the coming years.Governments around the world have rapidly brought health policies and extra advantages on linked health tools, such as digital health and remote patient monitoring, in response to COVID-19. A survey of US specialists found that owing to COVID-19, almost 80% of them expanded their use of digital health resources.In Medicare, before the pandemic, nearly 13,000 fee-for-service (FFS) recipients accessed digital health coverage in one week. Moreover, by the end of April 2020, the use of telehealth rose by 130 times as nearly 1.7 million FFS recipients accessed such services in one week. Therefore, favorable government initiatives in response to COVID-19 drive the growth of the digital health market. The data security concern associated with the potential mishandling of patient data is expected to hamper the growth of the digital health market in the coming years.The healthcare sector is digitizing business management and data management systems and is introducing new technologies to increase performance and minimize costs, but many weaknesses have been identified in this technology in several cases. The healthcare sector is regularly targeted by cyber-criminals who are searching for some tool in their armor to carry out their hacks, and several of these attacks have been successful.According to the Healthcare Protection Vision Study from CyberMDX released in February 2020, nearly 30% of healthcare delivery organizations (HDOs) have suffered a data breach in the last 12 months. Therefore, the security concerns regarding patient data restrain the growth of the digital health market. Major companies operating in the digital health sector are focusing on developing technologically advanced solutions for digital health.For instance, Allscripts released Avenel, a mobile-first, cloud-based electronic health record (EHR) that employs machine learning to minimize the time in medical documentation and boost EHR usability for providers. Avenel was developed on Microsoft Azure and incorporates clinical care trends to offer providers more efficient clinical reporting and medical decision-making. In June 2019, Allscripts Healthcare Solutions, Inc., a US-based company offering healthcare information technology solutions that advance clinical, financial, and organizational outcomes, acquired ZappRx for an undisclosed amount. This acquisition improved the digital health product range of Allscripts and increased its customer base. ZappRx is a US-based digital health company that is engaged in simplifying and modernizing the process required to order specialty medications. North America was the largest region in the digital health market in 2021.Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the digital health market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
ZappRx Frequently Asked Questions (FAQ)
When was ZappRx founded?
ZappRx was founded in 2012.
Where is ZappRx's headquarters?
ZappRx's headquarters is located at 745 Atlantic Avenue, Boston.
What is ZappRx's latest funding round?
ZappRx's latest funding round is Acquired.
How much did ZappRx raise?
ZappRx raised a total of $32.6M.
Who are the investors of ZappRx?
Investors of ZappRx include Veradigm, CureDuchenne Ventures, SR One, Qiming Venture Partners, Google Ventures and 10 more.
Who are ZappRx's competitors?
Competitors of ZappRx include Alto Pharmacy, Truepill, Medly, Arrive Health, Nimble and 7 more.
Compare ZappRx to Competitors
Phil operates as a patient access platform. It helps patients find and access life science products, including prescription drugs, medical devices, biologics, and more. It provides patients to manage their prescriptions, including refilling prescriptions, tracking their medication history, and getting notifications about upcoming refills. It was founded in 2015 and is based in San Francisco, California.
Capsule offers mobile-based pharmacy solutions. It delivers medication to users after they send their refills or prescriptions. It also allows users to transfer their refills or prescription from their old pharmacies and coordinates with their doctors and insurance companies. It was founded in 2015 and is based in New York, New York.
Alto Pharmacy is a digital pharmacy. The company offers services such as prescription delivery, access to care specialists, and support with insurance. It primarily serves individuals who require medication. It was formerly known as ScriptDash. It was founded in 2015 and is based in San Francisco, California.
Blink Health operates as a digital health company. The company's main service includes a cloud-based pharmacy platform to allow patients to access prescription medications at the lowest possible price, with the option for home delivery or local pharmacy pickup. The company primarily serves the healthcare industry. It was founded in 2014 and is based in New York, New York.
Nimble operates as a digital health company. It provides prescription delivery services. It works with pharmacies and insurance companies to deliver prescriptions directly to patients. It was formerly known as Nimble Pharmacy. The company was founded in 2015 and is based in Redwood City, California.
Truepill provides an online pharmacy platform. The company offers telehealth and diagnostics services delivering its patients through its application programming interface (API) driven healthcare infrastructure. Truepill was formerly known as PostMeds. The company was founded in 2016 and is based in Hayward, California.