Medocity Announces Two Major Deals with Leading Global Pharma and Payer Organizations
PARSIPPANY, N.J., OCTOBER 27, 2019 — Medocity announced that it has signed two landmark deals for its enterprise digital care platform with a global pharmaceutical manufacturer and one of the nation’s largest health insurance services companies.
In the first agreement with a major global pharma company, Medocity was selected to build a digital monitoring ecosystem for one of their key drugs with safety issues to optimize engagement, improve process efficiencies, and ensure a unified experience across all touchpoints. The program involves connecting providers, patients, a monitoring portal, several specialty pharmacies, and integrating data from multiple labs. Medocity was chosen after an extensive landscape assessment and was identified as the only vendor capable of stitching the complex ecosystem together digitally. The program is expected to significantly expand the access and bring novel drug benefits to patients in need by not only reducing the burden of prescribing for providers but also supporting patients and helping them stay longer on the therapy.
The second agreement, with a top 5 US payer, leverages Medocity’s Digital Care Platform to provide an innovative, end-to-end behavioral health management program for employers. Medocity was selected to help solve complex multi-party interoperability issues that frequently plague attempts to deliver true connected intelligent care solutions. The platform integrates with clinical grade wearables, captures and analyzes data utilizing artificial intelligence and machine learning, identifies potential anomalies, and generates alerts allowing real-time interventions and personalized behavioral coaching to avert potential negative health events. This unique employer-based program aims to improve outcomes, lower medical costs, and improve productivity for employer clients.
Medocity will be featuring its award-winning enterprise solution at HLTH 2019, the Conference for Health Innovation, on October 27-30. Company executives will be on hand at booth 349 to demonstrate the company’s flagship product, the Medocity Digital Care Platform, which combines artificial intelligence and multiple virtual care capabilities in a single end-to-end solution.
The Medocity Digital Care Platform is the leading enterprise solution transforming management of chronic and complex disease. Serving pharma, payer and healthcare organizations seeking to improve outcomes and adherence while reducing total costs, Medocity’s best-in-class capabilities help bridge the gap in non-clinical settings by enabling real-time support, early detection and proactive interventions. Medocity’s award-winning technology combines artificial intelligence, condition management, remote data capture, clinical decision support and telehealth interventions in a single cloud-based ecosystem. Accessible in real time on any device or operating system, the Medocity Platform integrates with hundreds of connected sensors, wearables, EMRs and digital assistants, delivering meaningful patient-centered care outside traditional clinical settings. Medocity was recognized by Gartner as a 2018 Cool Vendor in health value delivery, and the company was named Best Virtual Care Solution by the MedTech Breakthrough Awards. Virtual care. Real outcomes.
For more information, please visit www.medocity.com
HLTH is the leading event for innovation in the health industry. It’s an unprecedented, large-scale forum for individuals, companies, and policymakers who are reshaping the health industry to learn, collaborate and evolve. The event is unique in bringing together all key stakeholders, ranging from established payers, providers, employers, and pharma services to disruptive startups and prolific investors, as well as representatives from government, academia, health associations and business groups, media, and industry analysts. By leading the development of a new dialogue and ecosystem, HLTH’s mission is to drive substantial reductions in health costs and dramatic increases in health quality. HLTH takes place on October 27-30, 2019 at the MGM Grand’s brand-new conference facility in Las Vegas.