Company Spotlight: AdhereTech

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AdhereTech wants to solve the problem of medication adherence through a connected pill bottle that tracks whether a patient has taken their medications. The pill bottles use cellular technology and sensors to remind patients if they miss a dose through an automated phone call or text message. The bottle can then send real-time data on medication adherence anywhere in the world. We sat down with AdhereTech co-founder Josh Stein to learn more.

HOW IT WORKS
“There’s a number of sensors on the bottle, especially the cap. When a patient opens, or does not open, the bottle at the recommended time, the AdhereTech bottle (cap senses and) automatically records that data and sends it to a cell tower. The bottle sends streams of data automatically to our company, the patient and the provider. If a dose is missed, the patient automatically gets an automated phone call or text message, whichever is easiest for them, reminding them to take their medication. The bottle can also light up or chime when a dose is missed. If a pattern becomes an issue, AdhereTech sends an automated question and info message. For example, an immediate real-time phone call will ask the patient to “press one” if they are experiencing ill symptoms from taking the medication, and so on.”

IDEAL
“Our specialty is in making bottles for oncology, Hep C and other more serious illnesses requiring calculated dosage and adherence. The average age of a patient using the bottle is 70.”

BUSINESS MODEL
“The patient never pays to use the bottle. We partner with over 60 in-hospital and mail-order pharmacies. The pharmacies are our customers, officially. Providers help partner with patients that might benefit from our service.”

NEXT STEPS
“Our product is analytics based. We aim to improve the hardware of the bottle each year but our data is improving twenty-four seven. We consider ourselves a data and analytics company for patients. One of the biggest problems in healthcare today is how to make tech easy for people. Tech obviously bleeds into people’s lives, so it only makes sense healthcare would too. We have more info now in a smartphone in our pockets than Bill Clinton had when he was president. We really want to connect the patient with seamless tech to improve their care.”

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