• Skip to main content

DistilINFO LifeSciences

Weekly round up from Life Sciences Industry.

  • Publications
    • Home
    • DistilINFO HealthPlan
    • DistilINFO HospitalIT
    • DistilINFO IT
    • DistilINFO Retail
    • DistilINFO POPHealth
    • DistilINFO Ageing
    • DistilINFO Life Sciences
    • DistilINFO GovHealth
    • DistilINFO EHS
    • DistilINFO HealthIndia
    • Subscribe
    • Submit Article
    • Advertise
    • Newsletters

Indiana University Health, WakeMed testing blockchain to track specialty prescriptions

Share:

May 7, 2019

Indiana University Health and Raleigh, North Carolina-based WakeMed Health & Hospitals have teamed up with blockchain and pharmacy companies to better track specialty prescription drugs.

The multistate pilot, approved by the U.S. Food and Drug Administration, will use blockchain-enabled data tracking technology to target intra- and interhealth system medication transport and usage in North Carolina, Indiana and Tennessee.

The organizations are focused on improving supply monitoring to enhance quality control of medicine, provide data for more targeted inventory and recall management and save lives, the organizations said in a press release.

The group will test implementation of the Drug Supply Chain Security Act (DSCSA) starting in August.

Want to publish your own articles on DistilINFO Publications?

Send us an email, we will get in touch with you.

Healthcare blockchain company Rymedi and Zebra Technologies’ Temptime, a developer of temperature monitoring devices for the healthcare industry, will work with the health systems as well as Good Shepherd Pharmacy and the Center for Supply Chain Studies and the Global Health Policy Institute to test the application of blockchain and internet of things technology to monitor specialty medication distribution across supply chains.

As part of the pilot, WakeMed and Indiana University Health will implement the blockchain technology to track specialty medicines across provider locations within their networks, as well as transfers to other provider networks, as is commonly done to address regional inventory shortages.

According to the organizations, the connected health infrastructure that will be developed as part of this pilot advances emerging best practices for healthcare system data sharing and coordination.

“Blockchain technology provides a platform to innovate healthcare delivery, and we are proud to be part of the collaborative effort to enhance interoperability for the benefit of patients,” Diana Rhyne, executive director for WakeMed Innovations, said in a statement. “Its applications have the potential to make a positive impact across the full spectrum of the healthcare continuum—from data integrity and pharmaceutical supply chain to improved patient safety and health outcomes.”

Using blockchain technology, Rymedi’s data platform provides immutable supply genealogy and multipartner data access to track medicines from wholesale distributors and third-party logistics providers.

Good Shepherd Pharmacy and its associated RemediChain project will apply the solution to medicine transfers to connect patients unable to afford specialty and rare disease medications with donated medications, all while assuring patients, regulators and providers of the origin and quality of the donated medicines.

The Center for Supply Chain Studies and the Global Health Policy Institute at the University of California, San Diego will provide design and evaluation support to optimize the pilot’s impact on policy and industry standards development, the organizations said.

Date: May 07, 2019

Source: Fierce Healthcare

Coffee with DistilINFO's Morning Updates...

Sign up for DistilINFO e-Newsletters.

Just a little bit more about you...
PROCEED
Choose Lists
BACK

Related Stories

  • Surmodics Builds Thrombectomy Portfolio with Acquisition of Vetex Medical LimitedSurmodics Builds Thrombectomy Portfolio with Acquisition of Vetex Medical Limited
  • AppliedVR Lands $29M for VR Platform to Treat Chronic PainAppliedVR Lands $29M for VR Platform to Treat Chronic Pain
  • Amalgam RX Acquires Adaptive, Conversational, Artificial Intelligence (AI) AssetsAmalgam RX Acquires Adaptive, Conversational, Artificial Intelligence (AI) Assets
  • LabCorp : and Mount Sinai Health System Collaborate to Establish Digital and AI-Enabled Pathology Center of ExcellenceLabCorp : and Mount Sinai Health System Collaborate to Establish Digital and AI-Enabled Pathology Center of Excellence
  • Google Fit Will Soon Use Smartphone Cameras to Log Heart Rate and Respiratory RateGoogle Fit Will Soon Use Smartphone Cameras to Log Heart Rate and Respiratory Rate
  • Nutritional High Bolsters Its California Brand Portfolio With LOI to Acquire Leading California Edibles CompanyNutritional High Bolsters Its California Brand Portfolio With LOI to Acquire Leading California Edibles Company
  • YishengBio Raises $130 Million in Series B Funding to Accelerate Pipeline Development and CommercializationYishengBio Raises $130 Million in Series B Funding to Accelerate Pipeline Development and Commercialization
  • Spacelabs Healthcare Strengthens Digital Health Portfolio with Acquisition of Patient and Device Reporting BusinessSpacelabs Healthcare Strengthens Digital Health Portfolio with Acquisition of Patient and Device Reporting Business

Trending This Week

Sorry. No data so far.

About Us

DistilINFO is media company that publishes Industry news, views and Interviews. We distil the information for you – saving time and keeping you up to date on your interest areas.

More About Us

Follow Us


Useful Links

  • Subscribe
  • Contact
  • Advertise
  • Privacy Policy
  • Terms of Service
  • Feedback

All Publications

  • DistilINFO HealthPlan Advisory
  • DistilINFO HospitalIT Advisory
  • DistilINFO IT Advisory
  • DistilINFO Retail Advisory
  • DistilINFO POPHealth Advisory
  • DistilINFO Ageing Advisory
  • DistilINFO Life Sciences Advisory
  • DistilINFO GovHealth Advisory
  • DistilINFO EHS Advisory
  • DistilINFO HealthIndia Advisory

© DistilINFO Publications