MedTera™, an integrated marketing solutions company dedicated to improving education, promotion and communications in the healthcare, life sciences and pharmaceutical industries, today announced its formal partnership with HealthPrize Technologies, a web-based software company that motivates people to fill and stay on prescription medications. The partnership brings together MedTera's online and offline educational resources and HealthPrize's online, interactive platform to educate people about their chronic diseases and incentivize them for taking their medications as prescribed. With non-adherence leading to $290 billion in otherwise avoidable medical spending each year and the issue being the fourth leading cause of death in the United States, the partnership comes at a critical time for this healthcare crisis.
“Combining MedTera's educational resources with HealthPrize's innovative motivation and engagement program will successfully ensure the long-term health of patients - benefiting not only them, but employers, health plans, pharmaceutical firms and healthcare providers.”
"There are two critical factors that need to happen to ensure positive patient outcomes: access to high-quality, high-impact educational tools and sticking to prescription medication regimens," said David S. Duplay, MedTera's president and a member of the HealthPrize Advisory Board. "Educating patients and rewarding them for their positive behavior is a powerful combination - and I'm excited to see the successful patient stories that will result from our partnership with HealthPrize."
The MedTera and HealthPrize partnership will provide patients and their caregivers with dimensional tools, online resources and mobile applications to help them better understand and manage their diseases. Patients will then earn points, play games and have chances to win various prizes for adhering to their medication schedule and refilling their prescriptions on time.
"The healthcare industry is in a state of flux and it's more important than ever that resources are available to people in order to help improve self-management skills when it comes to taking their medication and ensuring continuous and long-term wellness," said Tom Kottler, CEO and co-founder of HealthPrize. "Combining MedTera's educational resources with HealthPrize's innovative motivation and engagement program will successfully ensure the long-term health of patients - benefiting not only them, but employers, health plans, pharmaceutical firms and healthcare providers."