Grandpa off his meds again? A new business partnership may be able to help. Confidant of Durham, N.C., has partnered with packaging company MeadWestvaco, Glen Allen, Va., to a develop a wireless tracking system that can monitor when patients take their medications.
The partnership, which will target drug and healthcare companies, hopes to start selling next year.
Confidant, an 11-employee business founded in 2003, develops mobile phone-based communication systems that record and transmit patient data for hospitals and other healthcare providers.
"If we can also capture information about patients' prescription adherence, we'll have an even fuller set of data for healthcare providers to deliver quality care," said Thomas Wall, vice president of business development and marketing.
Patients who deviate from their medication treatment programs risk complications and cost the healthcare system about $177 billion a year, according to the National Council on Patient Information and Education. The new tracking product under development could save much of that money, Wall said.
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