Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
The Blue Cross Blue Shield Association wants to help people pick up their prescriptions.
The insurance group's new subsidiary, the Blue Cross Blue Shield Institute, is partnering with Lyft, Walgreens and CVS to offer rides to drugstores. The move comes nearly a year after the BCBS association announced it started working with Lyft.
The BCBS Institute will test the pharmacy rides at select Walgreens locations in Chicago and select CVS locations in Pittsburgh. Patients in both cities will also be able to get rides to their primary care physicians. BCBS insurance companies will pay for rides to doctors, and the retailers will pay for rides to and from pharmacies.
Using ride-sharing services in health care has become more common as the industry tries to overcome barriers people face when trying to access services. One of those issues is transportation.
"What we wanted to be able to do was to look for opportunities to immediately impact some of the barriers we're seeing, and one we thought we could immediately address was transportation," said Dr. Trent Haywood, BCBSA chief medical officer and president of the Blue Cross Blue Shield Institute.
Lyft and Uber have both introduced technology to allow doctor's offices to schedule rides for their patients. The BCBS Association is the first insurer Lyft has announced it's working with, and this initiative to bring patients to pharmacies is the first of its kind, said Chief Business Officer David Baga.
This is also the first time CVS and Walgreens have experimented with coordinating transportation to their pharmacies. The idea is that by helping people pick up their prescriptions, they can boost the rates of people taking their drugs, improve patient outcomes and ultimately lower costs.
Nimesh Jhaveri, Walgreens' vice president of health care services, recognizes it's a "lofty goal," but it's one the company believes there's a need for.
"In health care, one of the causes of poor outcomes is starting to point toward social determinants of health, and one of those factors causing poorer outcomes is missed appointments to physicians and lack of adherence to medications," he said. "Providing transportation gives patients and customers the ability to actually get the health care they need."
Through the pilot, CVS hopes it can learn more about how eliminating barriers can increase access to its pharmacy care and health care services, a spokesman said in an email.
In the short-term, the BCBS Institute will measure the program's effectiveness through changes in no-show rates to physician offices and people failing to pick up prescriptions, Haywood said.
In the long run, he said, the group will analyze utilization rates and see how they correlate to higher health outcomes, such as lower hospitalization rates, fewer visits to emergency rooms and higher rates of adherence to medications.
The BCBS Institute will introduce ride-sharing services for patients to get to and from primary care appointments in a handful of other markets later this year. Next year, the group plans to tackle nutrition and fitness deserts.