Express Scripts' chief innovation officer says technology is what is going to change the healthcare landscape for the better, and that's why the pharmacy benefits manager remains optimistic about its investments in digital health solutions, according to Yahoo Finance.
Glen Stettin, MD, chief innovation officer of Express Scripts, spoke at CES on Jan. 8 about the company's progress in virtual care, artificial intelligence and other digital health efforts. With bullish views on digital health in 2020, Express Scripts has launched a digital health formulary.
The formulary allows startups and tech giants to access a platform that can distribute their solutions to a larger patient base. To get access, companies must either have a pilot or contractual agreement with insurers or employers. With the digital formulary, Dr. Stettin hopes to create a standard for digital health solutions.
Along with the formulary, Dr. Stettin discussed Express Scripts' telehealth efforts. Currently, Express Scripts is building a "telehealth capability that gets at the issues of wellness and primary care," according to Mr. Stettin and cited by Yahoo Finance.
Express Scripts is also investing in artificial intelligence and data analytics to better equip patients and physicians with information.