BeneSalus will focus on measuring and improving patient wellness through objective and quantifiable measures. As we roll out our product and integration roadmap, one of the first items that we will focus on is prescription adherence. Prescription Adherence is defined as the extent to which a person's behavior taking medication corresponds with agreed recommendations from their health care provider.
Non-adherence to medications is a serious public health concern that is recognized throughout the world. Each year in the US, medication non-adherence is responsible for an estimated 125,000 deaths, over $300 billion in direct and indirect medical costs and $50 billion in lost productivity.
Technology improves access to data, provides critical linkages, and data sharing beyond that of the consumer. With the adoption of Electronic Health Records, electronic prescribing is steadily growing. The number of prescribers routing prescriptions electronically grew 66% from 2009 to 2010, representing approximately one-third of all office-based prescribers. The benefit of this real-time identification of non-adhering patients was illustrated in Surescripts research which indicated an 11% improvement in new prescriptions filled using electronic prescribing. Yet, this alone does not solve the adherence concerns when the medication is taken home.
Our goal is to provide tools for the patient and provider that address both the practical and behavioral reasons that patients donâ€™t take their medication as prescribed at home and overlay this with biometrics that can monitor compliance. With an active tool that is focused to close the loop between patient and provider, we can identify hurdles that limit the patientâ€™s ability to take their medication appropriately.