Three preventable health-management issues cost society 420,000 lives and $664 billion per year: (1) Medication Non-Adherence – 50% of Americans do not take their drug regimens as prescribed, costing payers an average of $4,800 per patient per year in preventable medical expenses; 60% simply forget; (2) Drug Interactions & Adverse Events – prescription drug interactions kill 180,000 Americans yearly; it is the 4th leading cause of death; and, (3) Poly-Provider – the average American adult sees 18 providers, 28 for older or sicker Americans, many of whom don’t know of the others’ existence, let alone what they are doing with patients. Globally, these problems are worse.
Our entereprise intelligence platform ingests and collects streams of patient data, including from the IoT, transforms it into meaning, and acts. Patients receive alerts, in their preferred ways, when and how to take medications, while interactions are prevented via 100% screening, and they e-report adverse events in real-time. Providers receive team-wide reports and real-time alerts from AI rules and predictive analytics enabling them to intervene to prevent expensive medical consequences by getting the right info to who needs it most at the right times.
Rx&You™ is a cloud-based patient-engagement and medication-event monitoring platform combining AI and complex event processing that is accessible via any Internet-enabled device, which remotely monitors patient medication behaviors in real time across their whole regimen. It coordinates information and care across all providers and enables them to intervene when and how appropriate to help keep patients on their treatment paths, maximize drug safety, while creating large volumes of patient-generated data for knowledge discovery. Because medication events are monitored in real time, it can also formulate pharmacokinetic curves to personalize treatment, and track their behaviors to enable pay-for-performance.
What Could This Mean?
For patients, this could mean having a smart-device reminder system for their whole medication regimen that is patient-centric, meaning the system reminds them when they need it in the modes they prefer (e.g., call, email, SMS text, or direct messaging). It also maximizes patient safety by: (a) checking for drug-drug interactions regimen-wide from all providers before they take them; and, (b) notifying patients’ treatment team when critical medications events occur.
For payers, this could mean saved lives and money via cost prevention. For only one American insurer, we predict Rx&You™ will prevent 521,000 serious drug interactions, 25,000 of which are fatal, and $2-7 billion, every year. For only one national health services, we predict Rx&You™ will prevent 469,000 serious drug interactions, 23,000 of which are fatal, and $.8 - $7 billion per year.
For providers, it means knowing which patients are adhering on a dose-by-dose basis for every medication, and if non-adherent, why, to discuss during consultation.
Rx&You™ is gaining traction and ready to scale. It is built and tested, a global finalist (1 of 5) for C3 Prize at Stanford MedX and 2016 World Technology Award in health & medicine (1 of 6).
Video Overview: vimeo.com/185213604
Slide Deck: slideshare.net/EricLuellenBost...
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