Explore the Convergence of the Digital Revolution with Pharmacy
Pharmacy Transformation in Action
New pharmacy models have emerged that focus on convenience, cost-savings, and customer service – medications and at-home diagnostics are being delivered to the home often coupled with counseling and support via a range of telehealth modalities. As digital health products and solutions continue to expand, we may soon find that patients are routinely receiving medications plus their digital companion as part of their treatment – transforming the patient care experience and expanding the pharmacist’s role as the medication expert to include digital health product curator, translator, and coach. Specifically, pharmacists may have a role in matching patients to the most appropriate digital health products, assisting patients with product set-up and education on self-management, and accessing the data for remote patient monitoring to augment comprehensive medication management.
Examples of companies disrupting the Pharmacy space
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Medication convenience packaging in "strip" form has become a preferred alternative to traditional bottles for patients taking multiple prescriptions.
Insightfil instruments this packaging with a proprietary NFC tag that can be read by popular smartphones. Patients or their caregivers simply tear open the packet, administer the medications, and tap the empty packet to their phone.
Insightfil collects valuable data – including whether the packet has indeed been opened – that can keep the patient and their circle of care informed of their progress and facilitate interventions when necessary in an effort to preempt hospitalizations.
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