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MediSafe - Mobile Medication Management Platform

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• MediSafe is a mobile-first medication management platform, different from a pill reminder application, because it addresses all of the major causes of non-adherence -- forgetfulness, lack of support, emotional distress, information overload, low engagement, and rising medication costs (in the form of copays).

• MediSafe engages patients in their treatment by sharing results (e.g. via lab tests and biometrics), motivates futher through connections to physicians and care teams, and offers a holistic and simplified approach to managing their health via related educational content (e.g. diet, exercise), easy access to prescription refills, and other value added services.

• MediSafe is the industry leader with over 1.3 million downloads and hundreds of thousands of weekly active users across iOS and Android smartphones and tablets.

• MediSafe apps have earned a 4.5 star rating from 50,000+ reviews across Google Play and iTunes app stores.

Published in: Health & Medicine
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MediSafe - Mobile Medication Management Platform

  1. 1. Intelligent Medication Management
  2. 2. MediSafe is a medication management platform, addressing the major causes of non-adherence. What is MediSafe? Forgetfulness Lack of support Emotional distress Information overloadLack of connectivity Low engagement Medication costs
  3. 3. Why and When? Key Dates Founded Aug. 2012 First Funding Aug. 2013 Launched Nov 2012 (alpha) May 2013 (beta)
  4. 4. The Problem 146M Americans prescribed daily meds 700,000 Suffer an over/under dose emergency each year 19 minan American dies due to non-adherence Every $187B Lost sales to pharma and pharmacies each year $290B US healthcare costs related to non-adherence Lost Revenues Quality of Care Healthcare Costs CVS research, 2012 CDC research. 2012 Congress report regarding non-adherence, 2012 CapGemini/HealthPrize research 2012
  5. 5. Our Opportunity Hospital/ HMO/ ACO Pharmacy Pharma Data Rx and Treatment Rx Transfers / Refills Targeting education AnalyticsE-Prescription, pt history Cost savings FREE PA info Adherence Data & Biometrics
  6. 6. MediSafe is an engaging, holistic solution addressing the major causes of non-adherence : Forgetfulness Lack of support Negative feeling Miscommunication Lack of connectivity Low engagement Medication costs Helpful tools & services Reminders Patient education Positive reinforcement Telecare Diet tips and content Family notifications Bio feedback Consumer Solution
  7. 7. 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Where We Are 1,200,000 Downloads Active Users: Hundreds of thousands Doses Taken Correctly: 75M+ Sessions: 200,000,000+
  8. 8. Provider Dashboard
  9. 9. Population Health
  10. 10. Pharma Dashboard Annual $ Value of Increased Adherence $1,804,032Based on: 36% increased adherence = 10 days/MO 16,000 patients using solution $0.87 lowest retail cost per pill Active users Average Adherence Ages Gender Location Active users Monthly Average adherence 24K 86% People who take Lipitor also take: 1. Vitamin D 2. Metformin 3. Insulin 4. Contraceptives 16000 8000 86% 76% Estimated ROI X5 Total value / total cost
  11. 11. Platform Expansion to Wearables Hand Gesture Technology Cross-referencing Data The Next Level
  12. 12. Questions? Intelligent Medication Management Platform

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