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Bringing the very first prescription digital therapeutic (PDT) to market in 2017, Pear Therapeutics went above and beyond to follow suggested regulatory guidelines, obtained Food & Drug Administration (FDA) clearance, and provided solid clinical study evidence. Photo: Bulat Silvia, Getty Images
SUMMARY: The media loves to blame pharma companies for high healthcare costs, but unless we start to invest in healthy lifestyles, we’re headed for a healthcare crisis the likes of which we have never experienced. Forget the fact that prescription drugs only account for $.10 The explanation of why is actually quite simple.
It’s no wonder that voters consistently rank bringing down prescription drug prices and other measures to reduce the cost of care as among Congress’ top priorities. Congress rightly chose to negioate drug prices for Medicare, but prescription drugs are only 10-12% of every healthcare dollar we spend.
Throughout 2016 and until mid-2019 we conducted a deep technology due diligence, as well as market research, and met and spoke with dozens of mental healthcareproviders. Hendler in 2016 and we were fascinated with both her, the technology, and the paradigm shift we can drive with her in psychiatry.
Though 80% of healthcareproviders (HCPs) identified as “rep-accessible” in 2008 (that is, willing to meet with over 70% of the sales reps who try to approach them), that number had decreased to 44% in 2017. Fierce Healthcare. Updated September 17, 2019. Updated May 13, 2019. References: 1. Finnegan J.
Much like how many consumers are turning to Amazon or Instacart delivery instead of in-store shopping during the pandemic, early data suggests that large swaths of the US population are choosing telehealth encounters instead of in-person visits with their healthcareproviders. In some states, the observed rate went as high as 23%.
Gundersen Health System , founded in 1959, is a healthcareprovider in La Crosse, Wisconsin. With 8,000+ employees, it is a frontrunner in innovative, top-quality, community-based healthcare delivery methods. They abide by US Dietary Guidelines, including fresh fruits and vegetables with whole grains in their prescriptions.
While I’m witnessing the phenomena of healthcare technology companies becoming tech-enabled healthcareproviders, not all companies choose to do so, and other models are constantly emerging. If their products require a prescription, they will partner with providers, but they do not hold themselves out as healthcareproviders.
While biologics only account for 2% of overall prescriptions, they contribute to 37% of net drug spending [1]. This can make these treatment options much less accessible to the general public as it forces many healthcare professionals and insurance companies to rule them out for cheaper, possibly inferior, formulations.
Under stage 2 of Meaningful Use for EHR regulations, the government required that healthcareproviders offer the means to electronically exchange information securely with their patients. Prescription renewals linked to a pharmacy of choice. Easier prescription refills. Medical history and lab test results.
The challenge is that the overall volume of interactive engagement, whether virtual or face to face, remains down in Europe, Japan, and China on 2019 levels by between 14% and 37%. Healthcare has a substantial carbon footprint, approximately 4% of global emissions and, of that, medicines generate up to one third.
A change to the risk evaluation and mitigation strategy (REMS) for mifepristone – sold as Mifeprex by Danco Labs and also available as a generic – means that it no longer needs to be dispensed in person by a healthcareprovider at a registered clinic.
The huge pressure on healthcare systems as populations grow and age will drive continued innovation in the sector, with parties increasingly exploring the benefits of cloud computing or artificial intelligence across the whole healthcare ecosystem.
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