Jun 10, 2015
For more than 25
years, Patricia has chosen the “road less traveled” in building her
career, focused on breaking new ground in order to solve hard
problems. She brings executive operating experience from both early
stage and mature companies in the medical device, diagnostics,
life science companies, including Life Technologies, T Cell
Sciences and Sigma Aldrich Corporation. She has brought
multiple new products to market in the areas of HIV monitoring;
cancer diagnostics, pharmaceutical drug discovery. Prior to
founding ActualMeds , Patricia founded RedTail Solutions, a
Software as a Service (SaaS) company serving middle-market
manufacturers in the global supply chain. While serving as its CEO
(2000-2008), she established a new revenue and business model in
this segment and built a capital-efficient business that
achieved profitability in 2007. Armed with lessons learned in
the retail supply chain about the value chain of information, Pat
has returned to healthcare at a time when interoperability is one
of the keys to its transformation, and she expects ActualMeds to
play a major role in it. Patricia holds a B.A. degree in Biology
from Kenyon College, an M.S. in Biochemistry and an M.B.A.
from Case Western Reserve University.
00:00 Pat talks adherence and non-adherence.
01:45 80% of the adherence problem is attributed to high-risk group
and older adults--over 65, and multiple chronic issues.
05:00 The complexity of being “adherent” vs. making sure that the
patient is taking the right amount of medication that they
need.
09:00 The average amount of time that a doctor actually sees a
patient during a visit is somewhere around 7-9 minutes.
11:25 Pat explains ActualMeds, and what the company is doing to
improve patient adherence, point of care, and overall a patient’s
health.
12:30 A typical scenario of what using ActualMeds looks like.
15:00 Surescripts and how this company’s data sets helps ActualMeds
and improving patient adherence.
16:30 The problem with EHRs and too much data.
18:30 How ActualMeds is automating the need to call and verify
patient medications with pharmacists.
20:00 The ways in which users can access the ActualMeds
systems.
22:00 How ActualMeds provides information for doctors so that they
can make the right calls to ensure that patients are not doubling
up or taking unnecessary medications.
23:20 Who utilizes ActualMeds the most.
25:00 How do hospitals and large health systems reconcile with
patients post-acute care?
26:30 Medication management is now considered to be a
best-practice.
27:00 How and when ActualMeds was founded.
28:50 The huge gap in patient medication reconciliation.
30:10 Medication Reconciliation is part of wellness visits, and how
it is becoming more and more a best-practice requirement.
34:00 If you want to learn more about Actual Meds you can visit
their website at http://www.adheretx.com/.