PharmD Live provides telehealth solutions that integrate clinical pharmacist expertise with AI-driven technology and predictive analytics to enhance medication management and chronic care for patients. The platform addresses medication nonadherence and adverse drug events, which contribute to significant healthcare costs and patient morbidity.
Funding
$1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Medication nonadherence and adverse drug events significantly contribute to healthcare costs and patient morbidity, with a substantial portion of medications not taken as directed and a high incidence of preventable hospitalizations. Chronic diseases further exacerbate these issues, driving up healthcare expenses and straining the healthcare system due to an aging population and increasing prevalence of chronic conditions.
Solution
PharmD Live offers telehealth solutions integrating clinical pharmacist expertise with AI-driven technology and predictive analytics to enhance medication management and chronic care for patients. The platform leverages remote patient monitoring devices to capture real-time data, enabling proactive clinical interventions and personalized care. By focusing on medication therapy management, pharmacogenomics, and chronic disease oversight, PharmD Live aims to reduce adverse drug events, improve medication adherence, and optimize patient health outcomes. The company's approach extends to transitional care management, annual wellness visits, and diabetes prevention programs, providing comprehensive support across the continuum of care. PharmD Live's technology platform is designed to integrate with existing EHR systems, providing advanced insights and ensuring HIPAA compliance.
Target Audience
PharmD Live partners with physicians, hospitals and health systems, ACOs/IDNs, healthcare payors, post-acute care facilities, and pharmaceutical companies to deliver telehealth solutions for patients with multiple chronic conditions.
Features
- Clinical pharmacist-led approach with dedicated pharmacists specializing in chronic care and medication management.
- AI-driven telehealth platform for seamless integration with current EHR systems.
- Remote patient monitoring using state-of-the-art devices to capture real-time patient data.
- Medication Therapy Management (MTM) to reduce adverse drug events.
- Pharmacogenomics to identify drug therapy responders and non-responders for individualized treatment plans.
- Chronic Care Management (CCM) extending disease oversight, management, and education to patients and caregivers.
- Transitional Care Management (TCM) to support patients during care transitions and reduce hospital readmissions.
- Annual Wellness Visits (AWV) to optimize patients’ health through health risk assessments and personalized disease prevention plans.
- Diabetes Prevention Program (DPP) with evidence-based interventions to help prevent type 2 diabetes.