Insights

In the United States, the prevalence of people incorrectly taking their medications is at crisis level. Over 1.3 million people are hospitalized and 125,000 people die each year from not adhering to their medications. The situation is especially grave in the elderly who have multiple chronic diseases and thus need multiple medications. They constantly struggle with the complexity of the medications they have to take. They often miss or make mistakes with their medications, which can lead to hospitalizations or being put into nursing homes. They fear growing sicker, being placed into a nursing home, and losing their independence.

Intention/purpose

This medication dispenser and connected care hub are set to address the crisis in medication adherence through a unique, data-driven connected care network.

Adaptation of an existing platform or a new innovation.

An innovation. It’s connecting patients, pharmacists, and caregivers in a data-driven way that hasn’t been done before.

How it works

It connects patients, caregivers, and pharmacists through an intelligent data-driven framework to deliver not just pills but also motivation and intervention at the right time. It adds a human face and ease of use to what is a complex interchange of data, communications, and medication. This brings humanity and greater engagement to elderly patients.

Components

• An in-home medication dispenser and connected care hub.

• An app that connects to caregivers to deliver notifications, alerts, and supports.

• A connected pharmacist portal and dashboard.

Platforms

A cloud-based, real-time connection between the pharmacist, patient, doctor, and caregivers.

What stage is it at?

Fully developed. Launch is imminent.

DESCRIBE THE EXPECTATIONS/OUTCOMES

Long-term outcome

• Healthier patients and improved clinical outcomes based on greater adherence to medications.

• A significant reduction in health costs due to fewer hospitalizations and less ongoing care.

• Greater independence for patients who can stay at home longer instead of going to nursing homes.

Scalability

Once the great human and financial value of the connected care hub is established, it will be adopted by individuals, payers, and healthcare systems across the country.

Industry relevance

It is set to address the primary driver of poor outcomes for elderly patients and rising healthcare costs—not taking medications correctly.

Results/successes/developments to date.

Currently involved in an extensive pilot project by one of the largest healthcare systems in the United States.

Investment received

N/A

Projected sales.

N/A

Medical non-adherence-not taking medications correctly-has reached a crisis level in America, especially for the elderly who suffer from multiple chronic diseases. This entry is an innovative medication dispenser and connected health hub that’s driven by data and connected by care. It delivers help with adherence and better health for elderly patients in a new way.

Technological influences

The rise of telemedicine and virtual health, and in-home health monitoring deployed by hospitals.

Context

The rapidly aging US population who are treating multiple chronic diseases and making errors in taking their multiple medications.

Limitations restriction regulations

The product must provide a high degree of personalization while maintaining privacy and security. Must encourage elderly patients to adapt to new

technology.

Budgets.

N/A