We are a small group of innovators and entrepreneurs who have dealt with the complexity of the healthcare system and are still amazed at the inefficiency and confusion that is so pervasive especially in our experience with medications. With this in mind, we wanted to find a way that we could hopefully help other individuals and families dealing with a life threatening disease and have chosen improving medication adherence as the first area to hopefully make a measurable difference.
What is Medication Therapy Management?
Medication Therapy Management (MTM) is medical care provided by pharmacists whose aim is to optimize drug therapy and improve therapeutic outcomes for patients. One major aspect of MTM is monitoring medication adherence (Medication adherence is loosely defined as taking the right medication at the right time in the right amount delivered via the right route) and NON-adherence is any deviation from this.
Why Controlling NON-Adherence is so Important
Poor medication adherence is a growing public health concern in the United States with an estimated 125,000 deaths and a cost burden of $290-317 billion annually. Addressing this problem quickly is especially critical as the number of Americans affected by at least one chronic disease/condition* requiring close medication adherence is expected to grow from 133 to 157 million by 2020.
*A chronic disease is one lasting 3 months or more. Chronic diseases are responsible for 7of 10 deaths each year, and treating people with chronic diseases accounts for 86% of our nation’s health care costs. The most prevalent chronic diseases and conditions in the US are: heart disease, stroke, cancer, diabetes, obesity, and arthritis.
How Can MTM Research™ Help?
MTM’s Solution will be broken down in two phases. Phase one will utilize audible and visual notifications which will alert patients of when and which medications should be taken throughout the day. In addition, the visual notifications will include specific instructions on how to take those medications i.e., on an empty stomach, with food, no milk, etc., along with the cursory cautionary notifications. These audible and visual notification reminders along with instructions on how to take the prescribed medication and the ability to order low cost refills for home delivery through our software eliminate 4 of the top 5 reported reasons for lack of medication adherence according to the Center for Disease Control. In addition, this HIPPA compliant software will include options to alert patient caregivers and/or family members via text, email or phone call if a medication has not been taken and will keep running records of adherence for future reference. Phase two will build on phase one and will include iOS Healthkit/Google Fit integration.