Boston-Area Tech Tells People to Take Their Meds, Targets Billions in Wasted Healthcare Spending

xconomy.com
March 18, 2010

Poor adherence to medications has been a bugaboo in the healthcare system for a long time. When sick patients don’t take their meds, they often get even sicker and end up in the hospital. The problem is expensive because of all the extra care these patients need. So it has caught the attention of entrepreneurs from MIT and physicians affiliated with Harvard Medical School, leading to the creation of several IT devices or services that are gaining more traction in the healthcare field...

Health insurance companies have a reason to pay attention to such efforts: patients who don’t take their medicine when they’re supposed to cost the U.S. healthcare system a mind-boggling $290 billion per year, according to the New England Healthcare Institute, a nonprofit health policy group in Cambridge, MA.

Link to Full Article: http://www.xconomy.com/boston/2010/03/18/boston-area-tech-tells-people-to-t…