IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

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“Increasing the effectiveness of adherence interventions will have a far greater impact on the health of the population than any improvement in specific medical Confidential - Socially Relevant Inc. IMPACTMed s

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Transcript of IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

Page 1: IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

“Increasing the effectiveness of adherence interventions will have a far greater impact on the health of the population than any improvement in specific medical treatments.”

World Health OrganizationConfidential - Socially Relevant Inc.

IMPACTMeds

Page 2: IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

Increases Costs and Hospita l i zati on RiskPoor Adherence

2Confidential Do Not Distribute

Source: Medco, 2005

Page 3: IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

$37 BILLION

The cost to insurers when refill rates for Diabetes patients is less than 80%

Page 4: IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

6 2 % o f P e o p l e

W h o N e e d M e d i c a ti o n s f o r

D i a b e t e s

W i l l S t o p B u y i n g T h e m

W i t h i n 2 4 M o n t h

Confidential Do Not Distribute

Source: PHARMA

Page 5: IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

Patients often suffer from unnecessary complications including

heart attacks, strokes, heart failure, peripheral vascular disease,

amputations. End-stage renal disease,

retinopathy and vision loss.

Page 6: IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

Improving medication adherence by only

25%just for Diabetes Drugs would

increase Pharmaceutical sales by

2.9 BILLION DOLLARS SOURCE: Estimated Annual Pharmaceutical Revenue Loss Due to Medication Adherence, Capgemini Consulting

Page 7: IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

The Gold Standard Soluti on

14 years of clinical trials conducted by the American Pharmacy Association demonstrate a

3x increase in adherence

Project IMPACT

Page 8: IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

Confidential- Socially Relevant Inc.

Participating Pharmacies Delivering

IMPACT Care Today

Page 9: IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

Pharmacists Provide Patients with Education & Simple Tools to Improve Medication Adherence

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Consumer

Accepts &

Participates

Pharmacist

Provides

Medication & Service

Adherence &

Outcomes

Increase

Doctor Prescrib

es Medication & Adhere

nce Service

s

Page 10: IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

Pilo

t

Scaled

Demonstration

National

Implementation

IMPACT 2013

T E X A S & C A L I F O R N I A

IMPACTMe

ds

How We Scale AdherenceIMPACT Programs Increase Adherence by 3x in Clinical Trials

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Page 11: IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

The Users’ ExperienceT h e P h a r m a c y e d u c a ti o n , c o u n s e l i n g & t o o l s p r o v i d e d b y p h a r m a c i s t s

At H o m e g e t m e d i c a ti o n i n f o r m a ti o n , r e m i n d e r s , t r a c k u s a g e a n d c o u n s e l i n g o n l i n e

Confidential Do Not Distribute

Page 12: IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

Improve Patient Adherence with Collaborative Therapy

1. Assess Risks- Algorithms and Automated Questionnaire 2. Build Understanding- Clinical Interview and Chart Review3. Deliver Care- Targeted Action Plan, Monitoring and Follow-up Care4. Sales Increase

Pharmacists’ Experience

Confidential Do Not Distribute

Page 13: IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

Confidential- Socially Relevant Inc.

Patients Can:1. Find a pharmacist, tools and technology2. Ask medication questions3. Schedule to meet with a pharmacist4. Redeem Med Credits5. Meet online using video or at pharmacy

Easy Access Online

Page 14: IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

Prepaid MedCredits

Name:Patient No:

Signature:

ACO_________________________Manufacturer _________________________

Insurance _________________________

John DoeA987654

Employer _________________________

Date: 04/30/13

100200400QTY

MedCredits

Get answers to medication questions for free and receive special care. Redeem Med Credits at your local pharmacy or www.IMPACTMeds.com

Med Credits expire in 60 days. Ask your pharmacist for more.

Special CareProvided by:

Simple for Pati ents & Sponsors

Medicare Part D

Dallas Nephrology Amgen

Page 15: IMPACTMeds Presentation in HITLAB's Healthcare Innovation Worldcup Semi-Finals

Contact information:

Benjamin Bluml, R.Ph.VP Research APhA [email protected]

David Parpart, D.C. CEO [email protected]

IMPACTMeds

Confidential Do Not Distribute

We Provide Pharmacists and Patients with Simple Tools to Improve Medication Adherence

Nidhi Sharma, Nurse, MBAVP [email protected]