PanHealth is a healthcare technology company offering unique solutions with proprietary devices, voice and wireless solutions to address the problem of patient compliance to physician prescribed regimen.

Pharmaceutical companies find these services attractive as marketing and brand communication tools to increase drug sales. Health Plans find these disease management tools useful in improving patient outcomes and reducing overall treatment costs. Patient compliance is considered by the leading industry analysts to be a $162B market segment.
 
 
Market Segment
PanHealth has designed and implemented products to operate in two distinct areas of healthcare, namely:
  • Efficacy Tools: Patient Compliance Tools
  • Efficiency Tools: Medical Transcriptions

The healthcare industry is estimated at $ 1.3 Trillion and growing at an annual rate of about 10%. The United States Government Accounting Office (GAO) estimates that as much as $ 340 Billion is wasted annually on unnecessary utilization, duplication of services and fraud (study by Forrester Research Group).

Patient Non-Compliance alone accounts for over $ 100 Billion annually (source: BTAB/ Managed Care 94). This wasteful expenditure is a savings and a market opportunity.

Chronic diseases like Diabetes and Hypertension rank high in medical non-compliance owing to their non-symptomatic nature. Since these diseases affect over 50 Million Americans, there is a huge opportunity to cut healthcare costs as well as improve management of the diseases by the application of PanHealth™ Compliance Engine™.
PanHealth™ has designed and implemented products to work over a range of communication methods making them universally deployable, convenient and effective.