MOORESTOWN, N.J., March 17, 2020 (GLOBE NEWSWIRE) -- Tabula Rasa HealthCare, Inc. (TRHC) (NASDAQ: TRHC), a healthcare technology company advancing the field of medication safety, enters into an agreement with BioIntelliSense to distribute its BioSticker™, the first FDA-cleared, single-use device enabling 30 days of continuous vital sign monitoring.
The BioIntelliSense DaaS platform can be applied to a wide range of clinical use cases, including monitoring for the key symptoms associated with COVID-191.
“BioSticker remote monitoring devices will add an additional layer of patient safety to MedWise™ and to the other software solutions we currently offer,” said TRHC Co-founder, Chairman and CEO Calvin H. Knowlton, PhD. “Our board-certified pharmacists and the medical teams at our client sites across the country will be able to monitor medication therapy along with vital signs, multi-parameter biometrics and symptomatic events for early detection. More informed medical care can only lead to better health outcomes.”
BioSticker device data will populate TRHC’s unique medication safety platforms that identifiy accumulative multi-drug interactions and facilitate collaborative management of medications. TRHC’s board-certified pharmacists will access BioSticker device data to alert client clinicians to timely medication-related issues, enabling proactive intervention for safer medication use.
“As TRHC serves a variety of healthcare clients, including the majority of PACE organizations in the United States, they are an outstanding partner for introduction of remote patient monitoring into the PACE market and beyond,” said BioIntelliSense CEO James Mault, MD. “The BioIntelliSense BioSticker device and data services are ideal for older adults with complex care needs. Tabula Rasa and its PACE clients will be able to more effectively monitor these complex patients through an effortless patient experience, enabling better care at a fraction of the cost of traditional remote patient monitoring.”
PACE is a federal program providing comprehensive medical and social services to individuals 55 and older who are nursing-home eligible. The goal of PACE is to keep participants living in their own communities and to provide quality medical care. Currently, 131 PACE programs operate 263 PACE centers in 31 states, serving over 53,899 participants.
1 as described by the Centers for Disease Control and Prevention (CDC.gov Coronavirus Symptoms)
About Tabula Rasa HealthCare
Tabula Rasa HealthCare (TRHC) is a leader in patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize performance to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk. Medication risk management is TRHC’s lead offering, and its cloud-based software applications provide solutions for a range of payers, providers and other healthcare organizations. For more information please visit www.trhc.com.
About BioIntelliSense
BioIntelliSense is ushering in a new era of continuous health monitoring and clinical intelligence. Its medical-grade Data-as-a-Service (DaaS) platform seamlessly captures minute-to-minute vital signs, physiological biometrics and symptomatic events through an effortless patient experience. The FDA 510(k)-cleared BioStickerÔ device, in combination with advanced predictive analytics, is uniquely designed to screen for adverse conditions and detect trends to enable the next generation of personalized, proactive care.
