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Quand Medication Compliance Software
Where Lifestyle Adherence Meets Medication Compliance
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Quand offers an innovative solution to the problem of medication compliance in three settings:
Hospitals and clinics
Clinical trials for new prescription drugs
Consumer
Using a combination of Near Field Communication (NFC) and mobile phone technology, the Quand application becomes the proxy of an attentive medication manager, handling cueing, deferrals, missed doses, and all other complexities for single or multi-medication regimens. To respond to a cue, the patient must at some point bring the correct NFC-tagged medication package into close proximity to the reader, which acts as confirmation that the dose has been taken.
With a mobile phone and medication package fitted with an NFC tag, Quand authenticates both the consumer and the medication, eliminating medication error risks. Without any user programming, it immediately links the consumer to tools that oversee safety concerns (conflicts, contra-indications), display progress feedback, provide drug and therapy related information, and open a window to additional support resources or advertising. Using a familiar device that is a daily companion - the mobile phone - allows Quand to focus attention on compliance, and not on technology.
Delivered value
Hospitals and clinics
Quand delivers value to hospitals and clinics by:
Providing increased medication compliance leading to increased patient safety and higher drug efficacy
Providing an audit trail of the drug dispensing activities of practitioners
Delivering lower insurance/ liability costs by increasing patient safety
Pharmaceutical companies
Quand delivers value to pharmaceutical companies by:
Allowing them to capture a portion of the $30 billion that prescription non-compliance costs them annually
Protecting patent life and product lifetime value by accelerating time-to-market
Reducing the $9b annually spent on drug development by compressing R&D cycle times
Leveraging the investment being made in RFID for ePedigree programs
Reducing liability due to increased contra-indicators identification during dispensing
Consumers
Quand delivers value to consumers by:
Relieving them of the responsibility of remembering their medication intake schedules
Re-adjusting delivery schedules automatically upon a missed event
Reminding them to take each dose as recommended (with food, on an empty stomach, avoiding alcohol, avoiding milk, etc.)
Reinforcing the medically recommended behavior changes to improve medication efficacy (diet, exercise, etc.)
Increasing consumer satisfaction by facilitating in-home care with a higher degree of compliance and certainty-of-outcome
HMOs and Insurers
Quand delivers value to HMOs and insurers by:
Reducing hospitalization and treatment costs stemming from drug errors
Reducing the 33% of chronic healthcare facility admissions resulting from patient non-compliance.
Contract research organizations
Quand delivers value to contract/ clinical research organizations (CROs) by:
Allowing them to increase the quality and granularity of their trials data, and to use that as a source of competitive advantage
Delivering lower insurance/ liability costs by increasing patient safety
Increasing patient safety by providing real-time information to practitioners about changes in the patient's condition that require adjustment to the prescription
Decreasing patient attrition by automating laborious data collection processes.
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Quand's medical compliance solution:
- Allows pharmaceutical companies to capture a portion of the $30 billion that prescription non-compliance costs them annually
- Relieves consumers of the responsibility of remembering their medication intake schedules
- Allows hospitals to increase medication compliance, leading to increased patient safety and higher drug efficacy
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