For Payors
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The Problem
Direct health care costs associated with nonadherence have grown to $100B – $300B each year. Only 25-30% of prescribed medications are taken correctly. A Joint Commission Study found that up to 80% of medical information patients are told during office visits is immediately forgotten.
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The Why
Nonadherence can result from low health literacy, experienced or fear of potential side effects, and administration issues including pill burden, regimen issues, and missed doses. Additionally, patients can have misconceptions about the efficacy or the need for their medication.
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The Solution
Effectiv improves medication adherence by proactively monitoring for side effects, tracking efficacy, and educating patients through our digital platform. Our low-friction solution can improve patient outcomes while decreasing costs associated with nonadherence.