Leveraging clinical pharmacists, pharmacogenomics, and advanced data science, Medication Therapy Optimization aims to improve patient outcomes and end trial-and-error prescribing
DecisionRx, Inc., a value-based healthcare company reducing the cost of care by helping individuals eliminate medication failure, announced a partnership with Philadelphia-based Beanstalk Benefits. Beanstalk Benefits is now offering the DecisionRx Medication Therapy Optimization (MTO) program to their benefit platform members to improve patient outcomes and help care teams optimize prescribing decisions for each patient.
“We each know what works for us and what doesn’t across our daily lives – our learning styles, motivators, even hair products. When it comes to medicines, though, individuals haven’t historically had access to the science behind why a treatment may succeed or not,” said Beanstalk Benefits CEO Matthew Sydney. “DecisionRx is an exceptional complement to Beanstalk health resources like Tiny Health’s gut tests and Vous Vitamin’s personalized vitamins. Better health outcomes require better engagement of individuals at a personal level, and we’re excited to collaborate with DecisionRx to empower people to take more informed action.”
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Research indicates that around 40% of prescriptions are either ineffective or cause new medical issues, leading to ER visits, hospitalizations, and even deaths that are preventable with optimized medication therapy. Utilizing its data-driven MTO platform, DecisionRx’s clinically trained pharmacists provide healthcare providers with detailed information and tailored recommendations, enabling more effective customization of medication plans for individual patients.
“When it comes to improving health outcomes and costs, we’re all more likely to use what we choose for ourselves,” said DecisionRx co-founder and President Travis Morgan. “Employee uptake of employer-sponsored benefits is sometimes low, yet consumers spend $480 billion annually on wellness. The demand is there. What’s been missing is the mechanism to put the benefits decisions in employees’ hands.”
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Currently, Beanstalk Benefits offers 40+ services and products for members to choose from, allowing employers of any size, as well as freelance or independent contractors, to access the same benefit resource options. The company’s target buyers include individuals and employers with under 5,000 employees.
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Source – businesswire
