|By Business Wire||
|August 20, 2014 08:31 AM EDT||
MeadWestvaco Corp. (NYSE: MWV), a global leader in packaging and packaging solutions, today announced the commercial availability of the Avive® Multimed system, a software-based solution that establishes a pharmacy home, synchronizes medication regimens, improves adherence, supports reimbursement for services including medication therapy management and helps dramatically improve CMS Star Ratings performance. Avive is unique among pharmacy solutions because it offers multiple benefits in one seamless, proprietary software system.
Avive® is a software-based pharmacy system with proven benefits across patient, payer and provider needs that increases medication adherence, pharmacy efficiency and CMS Star Ratings (Photo: Business Wire)
MWV Healthcare and its partner, LTCPCMS, Inc., developed the Avive system to decrease the complexities of poly-pharmacy. Avive is designed to provide pharmacists and health care management personnel with software tools and workflow to create synchronized, personalized medication regimens. These regimens drive patient adherence by accommodating their input and activities of daily living. The Avive solution is supported by pending patents.
“We have successfully used the Avive solution in a test environment for nearly two years on a very adherence-challenged patient population with multiple chronic diseases,” said Tom Grinnan, senior director, Healthcare Innovation & EU Adherence, MWV. “The data has shown that Avive is distinctly successful in achieving a full pharmacy home and improving refill rates. We are now ready to license this unique program to pharmacy partners, developers and PBMs.”
Avive addresses the growing number of people in the United States suffering from co-morbidities who are taking an increasing number of medications, prescribed by a number of physicians and purchased from a myriad of pharmacies. Research shows that by synchronizing these medications with one pharmacy home, patients can experience better health outcomes, health-related expenses are lowered and refill rates rise dramatically.
The Avive solution offers these additional benefits:
- Creates customized regimens with multiple patient pack systems, including Rx vials and bottles, calendared blister packs and pouch/strip pack systems
- Develops customized hours of administration (HOAs) and universal medication schedules (UMS) and drives data transfer of simplified labeling and regimen calendars to pharmacy printer and automation equipment, without significant modification of pharmacy host systems
- Provides unique methodology for prescription synchronization and personalized regimen creation
- Provides checks for multi-med drug regimen compatibility
- Creates patient regimen databases and reporting
- Develops a call and follow-up schedule to update and modify the customized regimen over time, not after initial synchronization
Designed for use in retail pharmacy, mail order, call center and PBM environments, the Avive system is available for non-exclusive licensing to potential partners.
MeadWestvaco Corporation (NYSE: MWV) is a global packaging company providing innovative solutions to the world’s most admired brands in the healthcare, beauty and personal care, food, beverage, home and garden, and agricultural industries. The company also produces specialty chemicals for the automotive, energy, and infrastructure industries and maximizes the value of its development land holdings. MWV’s network of 125 facilities and 16,000 employees spans North America, South America, Europe and Asia. The company has been recognized for financial performance and environmental stewardship with a place on the Dow Jones Sustainability World Index every year since 2004. Learn more at mwv.com.
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