MeadWestvaco Corp. a provider of pharmaceutical packaging solutions, has joined the Center for Health Transformation (CHT) to support the 21
Poor medication adherence – not following medication regimens as directed – is increasingly recognized as a significant source of waste and has been estimated to cost 125,000 lives annually in the U.S. According to a Harvard University study (2010), as many as half of all patients do not adhere faithfully to their prescription-medication regimens – and the result is more than $100 billion spent each year on avoidable hospitalizations.
"As highlighted in the white paper, we need industry integration across private and public sectors to improve health care delivery, reduce costs and increase adherence. MWV is working to catalyze this effort through raising the profile of this white paper and offering its deep consumer insights and research regarding causes of non-adherence," Ted Lithgow, PhD, MWV’s chief science officer. "MWV’s packaging systems help patients adhere to their medication regimens which in turn improves health outcomes and extends the capabilities of the system for everyone."
The Center for Health Transformation (CHT), founded by former Speaker of the House Newt Gingrich, is a collaboration of private and public sector leaders committed to creating a 21
"MWV’s industry experience and science-based solutions, combined with market insights, innovations and state of the art production and support, enable the company to deliver packaging solutions that meet the needs of pharmacists, brand managers, healthcare providers and most importantly patients," added Lithgow.
st Century Intelligent Pharmacy Project white paper entitled, "The Importance of Medication Adherence: Saving Lives and Saving Money by Improving Medication Adherence through a Coordinated Approach to Integrated Healthcare". Recently published, the white paper elevates the role of the pharmacist as patient educator and specifies how intuitive pharmaceutical packaging and industry integration between healthcare providers will continue to drive improved outcomes for patients. st Century Intelligent Health System that saves lives and money for the U.S. MWV and CHT have joined forces previously to host forums on the topic of healthcare reform and technology solutions. "MWV has extended its point of view on improving adherence with its expertise of the healthcare packaging industry," said Newt Gingrich, Founder, CHT. "Adherence packaging is a smart, proven way to realize cost savings, create efficiencies for doctors and pharmacists and provide tangible health benefits to patients – which is a critical factor when looking at a coordinated approach to integrated healthcare."
