3. 50%
of patients with chronic illness mishandle their medications
$177 billion
in additional medical bills in the US from missed medications or overdoses
$2000
in additional doctor visits per patient due to poor medication adherence
3
4. Problem
How can we help
individuals better
adhere to their
medications and
manage their
health?
4
BIG
6. Reminder for patients to
take pills.
“Check off” feature that
confirms medication has
been taken.
Alert that notifies patients
when their prescription is
almost empty and reminds
them to order a refill.
Clear display of pharmacy
notes and special
instructions for patients
while taking medication.
Scheduling feature to
remind patients of doctor
appointments.
Set goals to reach and track
progress.
Core Capabilities 6
Notes Schedule Goals
Reminders Check Off Alerts
7. 7
Manual Medicine
Tracker
Smart Pill Bottle
Technology
Broader Health
Management
Connection to
Pharmacy
Competitive Analysis
(Standalone Product)
13. Any questions?
You can contact us at:
» kayla.herbst@temple.edu
» ian.usher@temple.edu
» eric.rose@temple.edu
» claudine.youssef@temple.edu
» yzhou@temple.edu
13THANKS!
Editor's Notes
Growth is projected to average 5.8 percent from 2015 to 2025, below the pace before the 2007-2009 economic recession but faster than in recent years that saw health care spending moving in step with modest economic growth.
On average, half of patients with chronic illnesses like heart disease or asthma skip doses or otherwise mess up their medication, says a report being issued later this week.
Poor medication adherence can cost an extra $2,000 a year for each patient in extra doctor visits alone, and it's associated with as many as 40 percent of nursing home admissions, even more costly.
Add preventable hospitalizations and premature death, and the report estimates that poor medication adherence could be costing the country $177 billion in medical bills and lost productivity
http://www.nbcnews.com/id/20039597/ns/health-health_care/t/millions-skip-meds-dont-take-pills-correctly/#.WtEwctPwYWq
How can individuals decrease costs, prepare for the future and better monitor their health?
“Our project looks to solve this problem by integrating smart pill bottles with a proprietary health management application.”
Value Proposition: Making healthcare as transparent as possible ***Through innovative partnerships, SmartCare is the only app to link the four key players that create better medication adherence and healthcare management, the patient, pharmaceutical companies, the patient’s pharmacy, and doctors***
From Business Case: “SmartCare is the only app on the market to link smart pill bottle technology with a pharmacy, while simultaneously integrating life management tools like doctor appointment tracking, and the ability to view doctor’s notes into the app’s user interface. Through the integration of these features, Smart Care provides users with the essential tools necessary to handle their conditions independently. As a result, SmartCare will boost users’ adherence to their medications and appointments, which will create better health outcomes.”
“Our project looks to solve this problem by integrating smart pill bottles with a proprietary health management application.”
Reminder for patients to take pills.
“Check off” feature that confirms medication has been taken.
Alert that notifies patients their prescription is almost empty and reminds them to order a refill.
Clear display of pharmacy notes and special instructions for patients while taking medication.
Scheduling feature to remind patients of doctors appointments.