TRHC and Drake University Partner to Demonstrate Value of Pairing Remote Patient Monitoring and MedWise® to Enhance Health Care in Rural Areas via Telehealth

Rhea-AI Summary

Tabula Rasa HealthCare (TRHC) announced a partnership with Drake University and Certintell to enhance health outcomes via remote patient monitoring (RPM) and medication management in rural Iowa. Funded by a $1.6 million grant from HRSA, the initiative aims to improve care for adults suffering from uncontrolled diabetes, hypertension, and obesity. TRHC’s MedWise technology will facilitate medication safety reviews, aiming to reduce medication-related issues and hospitalizations. This project underscores TRHC's commitment to innovative telehealth solutions for underserved populations.

Positive

• Partnership with Drake University and Certintell to improve healthcare outcomes.
• Funding secured: $1.6 million grant from HRSA.
• Focus on enhancing chronic care management and telehealth services in rural areas.

Negative

• None.

MOORESTOWN, N.J., Aug. 19, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, today announced a new initiative with Drake University and Certintell to drive improved health outcomes and demonstrate the value of combining remote patient monitoring (RPM) and comprehensive medication management, including MedWise® Medication Safety Reviews (MSRs) throughout rural Iowa.  The project is being funded through a 5-year $1.6 million grant from the Health Resources and Services Administration (HRSA).

New initiative demonstrates value of pairing remote patient monitoring and TRHC's MedWise® to Enhance Healthcare

"This innovative initiative will further demonstrate the value of MedWise® to improve health outcomes using a team-based, comprehensive medication management telehealth approach," said TRHC Chair and CEO Calvin H. Knowlton, Ph.D. "Through our collaboration with Drake University, our proprietary MedWise technology will facilitate medication safety reviews, conducted by a certified MedWise pharmacist, to help improve medication safety and, through Certintell's RPM clinical workflows, the proportion of adults with uncontrolled type 2 diabetes, hypertension, and/or obesity. The culmination of these efforts will result in reduced medication-related problems, including falls, and hospitalizations."

The grant will focus on delivering primary care, remote patient monitoring, chronic care management, and comprehensive medication management via telehealth. Through these collaborative efforts, this initiative will provide a sustainable, evidence-based telehealth network program (EB TNP) for Iowa's rural population seeking care at critical access hospitals, rural health clinics, in-home, and through virtual medical practices.

TRHC's Research and Development Pillar, through its Office of Translational Research and Residency Programs, will conduct a prospective investigation to demonstrate the impact of MedWise medication safety reviews in tandem with primary care services and health coaches to improve health outcomes for Dual-Eligible and Medicare beneficiaries.

About Tabula Rasa HealthCare
Tabula Rasa HealthCare (TRHC) (NASDAQ: TRHC) provides medication safety solutions that empower healthcare professionals and consumers to optimize medication regimens, combatting medication overload and reducing adverse drug events – the fourth leading cause of death in the US. TRHC's proprietary technology solutions, including MedWise®, improve patient outcomes, reduce hospitalizations, and lower healthcare costs. TRHC's extensive clinical tele-pharmacy network improves care for patients nationwide. Its solutions are trusted by health plans and pharmacies to help drive value-based care. For more information, visit TRHC.com.

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SOURCE Tabula Rasa HealthCare, Inc.

FAQ

What is the TRHC partnership with Drake University about?

The partnership focuses on improving health outcomes through remote patient monitoring and comprehensive medication management in rural Iowa.

How much funding did TRHC receive for its new initiative?

TRHC received a $1.6 million grant from the Health Resources and Services Administration (HRSA) for the initiative.

What technology does TRHC use to enhance medication safety?

TRHC uses its proprietary MedWise technology to conduct medication safety reviews and improve healthcare outcomes.

What health conditions does the TRHC initiative target?

The initiative targets adults with uncontrolled type 2 diabetes, hypertension, and obesity.

How will the TRHC initiative impact rural healthcare?

It aims to provide sustainable, evidence-based telehealth services to improve healthcare access and outcomes in rural communities.