MARKHAM, ON, Dec. 1, 2020 /CNW/ - HumanisRx today
announced it has entered into an agreement to provide medication
optimization services to The North West Company (TSX: NWC) by
leveraging its MedMonitor program. MedMonitor is a unique Canadian
program applying RxCompanion™ software to run clinical algorithms
against prescription data to identify risks related to a patient's
medication therapy. Patients who are provided health and
pharmacy services by NWC will be referred directly to the
MedMonitor program.
NWC provides high quality and vital healthcare services in
remote locations in a large geographical region in Northern Canada. The distance these
patients must travel for healthcare makes monitoring and follow-up
for disease management difficult, leading to a pressing need for
improved primary care in remote northern communities. Utilizing
MedMonitor, NWC aims to identify patients with more urgent need of
healthcare services to address their issues earlier before their
conditions escalate and require more severe and costly
intervention.
Earlier this year, NWC engaged HumanisRx to conduct a study on
9,000 of its patients using RxCompanion™ software. The study
found:
- One in every 2.5 patients had at least one drug therapy
problem.
- Drug therapy problems related to mental health were identified
most often followed by diabetes and cardiovascular disease.
- 16% of patients had multiple drug therapy problems, carrying a
higher risk of health issues leading to increased morbidity and
healthcare costs.
"We are very excited to have partnered with HumanisRx in an
effort to further enhance patient care utilizing their
population-level monitoring tool that identifies patients at risk
of poor health outcomes." states Laurie
Kaminsky, Vice President, Health Product & Services,
North West Company. "Our healthcare teams of physicians and
pharmacists will act on the risks identified to proactively improve
the quality of health services to the remote populations we are
proud to serve."
"Both public and private payors and healthcare providers can
improve efficiency and realize signification cost savings through
the implementation of MedMonitor," said Sayeh Radpay, President of HumanisRx. "Through
earlier identification and resolution of medication-related health
risks, MedMonitor helps resolve problems before they escalate and
even avoid some health issues altogether."
About HumanisRx
HumanisRx Corporation helps Canadians
with complex or unique needs get the best results from their
medications. Its team of licensed pharmacists and technology
experts is dedicated to building solutions that support the shared
goals of private and public payors, healthcare providers, health
organizations and the Canadians they serve. RxCompanion™ is a
software solution powered by Tabula Rasa HealthCare.
About The North West Company
The North West Company
Inc., through its subsidiaries, is a leading retailer of food and
everyday products and services to rural or remote communities and
urban neighbourhoods in Canada,
Alaska, the South Pacific and the
Caribbean. North West operates 249
stores under the trading names Northern, NorthMart, Giant Tiger,
Alaska Commercial Company, Cost-U-Less and RiteWay Food Markets and
has annualized sales of approximately CDN$2.0 billion.
SOURCE HumanisRx
