healthcaretechoutlook
| | December 202019UTLOOK Healthcare Tech time on the data itself. Further, the platform generates recommendations and interventions for the care team, helping them optimize the patient's medication regimen. ActualMeds also enables users to reconcile the medications and communicate patient medication action plans across multiple stakeholders and organizations.There are many "point" solutions to help with various aspects of medication management for patients as well as providers, but they tend to strand data with the user or confine it to the care setting. What differentiates ActualMeds from the competitors is its platform. "Whether the patients are at home, skilled nursing, or long-term care facility, there may be point solutions in each but once the patient moves to the next care setting, the medication information often does not follow. We don't just map data from one system to another, but combine data from disparate sources and transform them to meaningful information that is available to the care team at the right time and the right place," explains Patricia. Further adding to its strength is the dedicated team of experts in the company, most with over 20 years of experience, including business professionals, clinical pharmacists, and software developers, who understand the challenges of marrying data interoperability with medication management workflows. The current COVID-19 pandemic has emphasized the need to keep patients at-home for care delivery due to the extreme restrictions and capacity challenges placed in the acute care setting and, as a result, Covid and non-Covid patients are relocated across care systems. The healthcare system itself is being further transformed with the relaxation of regulatory requirements for patient care at home, including those related to telemedicine. Much of the transformation catalyzed by COVID-19 is likely to become permanent as it is directly driving the Affordable Care Act goals to deliver better healthcare cost-effectively and to improve patient outcomes. As all patients move through the care continuum, ActualMeds can provide timely information that is critical to a successful transition.Illustrating the same, Patricia highlights an instance in which the company helped one of their pharmacy services customers to provide the New Jersey Covid-19 field hospitals with real-time medication history for patients admitted. Using the platform, the pharmacists were able to create real-time reports at the time of admission and offer it to the care team. In the absence of other major information infrastructure in the field hospitals, this helped the admitting care team view active medications that indicated any underlying medical conditions for patients as a way to triage them efficiently. Patricia also highlights the success rate of ActualMeds in the corrections system, where obtaining prisoners' active medications during intake can be difficult. This could take days for collecting data by interviewing the person or calling local pharmacies. The risk can be extreme in these cases as the unavailability of critical medication can result in adverse drug events if intake processing is delayed, which is frequently the case in this setting. Nurses can utilize ActualMed's tool for on-demand reports, thus preventing any delay in delivering critical patient care, while the corrections facility is accountable for the patient's well-being. Moving ahead, ActualMeds plans to roll out its Pharmacist-On-Demand Service (PODS)TM before the end of this year. Interestingly, this illustrates the company's farsightedness as they started on the strategy at the end of the last year, and Covid-19 has accelerated the plans to bring it to the market. Through this technology-enabled service, ActualMeds allows pharmacists' clinical services to be scaled across the care continuum and fill the current market gap that cannot be filled by telehealth solutions alone. HTWe provide patient-centered medication management that reduces the risk of adverse drug events and keeps the high-risk patients out of the hospital
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