View
337
Download
5
Category
Preview:
Citation preview
PRESCRIPTIQ
The Problem
• CDC labels it an “epidemic”
• $72 billion spent on drug diversion• 20,000 deaths from Rx drug overdose
Our Product
Brings visibility to aberrant patient prescription behavior by analyzing consolidated medical records
on a website accessible by health providers
No current market competition Innovative Addresses need
Easily implementable Compatible with preexisting systems Improves patient and community health
Team
Alice XiaCornell ‘16
Jennifer WangCornell ‘16
Vivienne ChenCornell ‘17
Rehan SaberCornell ‘17
Yana KostCornell ‘17
Hun Jae LeeCase Western ‘17
How It Works
Web based applicationutilizes secure third
party data storage
Pulls prescription datavia unique identifier
to protect patient data
Flags unusual patient to curb prescription
drug abuse at 3 levels
EMR [Cerner] -> Truvault Asses risk levels using Rx datesUsers log in via portal
Who’s Buying?
Doctors Pharmacies InsuranceCompanies
FIRST STEP
No prescription written
• Less malpractice• Improve medical compliance
SECOND STEP
No prescription filled
• Correct stock levels• Incentive via insurance
FINAL STEP
Increase premiums, not cover payment
• Decreases abuse-related costs• Adjust premium rates
How Will We Fund This?
■ Revenue from insurance companies
■ Seed funding
■ Government grants
■ public health research grant from NIDA (active partnerships in private sector)
What Are The Potential Risks?
■ Lack of direct profit incentive– Insurance directly profits
■ EMR systems hesitant to share data– Purchase data subscription from IMS Health
■ Patient Dissatisfaction– Referral to addiction clinic or pain management
What’s Our Plan?Within 1
Year• Partner with EMR company
[Cerner]• Purchase secure, HIPPA
compliant data storage
Within 3 years
• Implementation in test healthcare network
• Increase value and services as more data is acquired
Future• Expand
implementation nationally
• Integrate service into EMR interface
We’ve Asked You Enough Questions- Got Any For Us?
Recommended