Oct 3, 2018
Did you know that text messaging has the potential to save millions of lives and billions in health care costs by ensuring patients adhere to their prescriptions?
Every day, millions of people fail to take their medications as
prescribed and the resulting personal and financial costs are
staggering. Worldwide, non-adherence results in $700 billion in
avoidable medical costs.
Non-adherence accounts for upwards of 50% of doctor visits, 40% of long-term care admissions, and more than 50% of hospital readmissions? Texting could provide a simple solution to a devastating problem, especially for managing chronic conditions like diabetes, hypertension, and mental health disorders.
"If adherence therapy were a new drug it would be hailed as a potentially major advance in medical treatment” - Professor Richard Gray
I wanted to learn more about how Curaizon is revolutionizing healthcare and improving drug-adherence through big data analytics delivered via the blockchain. CEO, Nicholas Rumble, discusses Curaizon’s approach to tackling this critical challenge facing healthcare and why blockchain/ICO is the perfect fit for what they want to achieve.
"Increasing the effectiveness of adherence interventions may have a far greater impact on the health of the population than any improvement in specific medical treatments.” The World Health Organization
I also learn how text messaging has the potential to save millions of lives and billions in healthcare costs by ensuring patients adhere to their prescriptions.
On today's tech podcast, we explore how the key to improving healthcare, reducing costs and saving lives could be as simple as helping patients take their medications properly.
We also discuss how the data Curaizon creates is unique and has enormous value to pharmaceutical companies, researchers and governments. Every time a patient uses their CuraServe technology, their data grows in utility and value.
Curaizon™ solves drug non-adherence problem by deploying their technology through national health services. As part of our solution, they collect fully anonymized data about how and when patients take medications.
We also explore how CuraTokens™ is the only way to access this data. Tokens can be redeemed to access the data, which will advance medical research, drive down healthcare costs and save lives.