Customer Success Stories - Axtria - Ingenious Insights

$15M Incremental Revenue with AI/ML Enabled Patient Adherence

Written by Admin | May 11, 2020 8:34:00 PM

Patient non-adherence is a big concern not just for the pharma manufacturers but also for the physicians, especially with the increasing emphasis on improved patient lives. Treatment non-adherence not only degrades patient outcomes but also adds millions to healthcare costs.

With the volume and variety of healthcare data available, including rich patient-level information, companies can develop effective predictive algorithms to detect non-adherence patterns. Machine Learning (ML) can enable rule-based automation, and artificial intelligence (AI) can detect and flag anomalies in treatment patterns. When used efficiently, such data and technology can help improve health and save patient lives.

Well nourished data and thorough ML iterations benefitted the client with:

Identification of
3,000 new patients, including 400 with high non-adherence risk

An estimated 50,000 additional Days of Therapy (DoT)

A projection of
$15M lift in the Rx revenue

Appropriate intervention mechanisms to improve patient health outcomes

Read this illustration to learn about Axtria’s AI/ML algorithm to monitor patient adherence. 

Contact us at insights@axtria.com with any questions.