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Welcome to the Empowered Patient Podcast with Karen Jagoda.  This show is a window into the latest innovations in digital health and the changing dynamic between doctors and patients.

Topics on the show include

  • the emergence of precision medicine and breakthroughs in genomics
  • advances in biopharmaceuticals
  • age-related diseases and aging in place
  • using big data from wearables and sensors
  • transparency in the medical marketplace
  • challenges for connected health entrepreneurs

The audience includes researchers, medical professionals, patient advocates, entrepreneurs, patients, caregivers, solution providers, students, journalists, and investors.

Dec 6, 2021

Dr. Colin Banas is the Chief Medical Officer at DrFirst a health IT company that's been around for over 21 years. Started as an e-prescribing platform and developed expertise in medication management. 

Colin explains, "What we as a company are hoping to do is empower patients by connecting the dots to help them get on therapy and stay on therapy. And so, one of the core things that we do as a company is around price transparency."

"And when I say price transparency, what I'm really talking about is serving up data to the multiple parties involved in prescribing decisions. When I mention price transparency for a provider, for example, what I'm saying is at the moment of making that decision to write that prescription, ostensibly with the patient in front of me, or the encounter happening, so much of it now is virtual via telehealth. But at the moment of making that prescription decision, I can see what the patient's copay will be, what they're out of pocket will be. And that really lends itself to having a conversation at that moment in time."

@DrFirst #PriceTransparency #Healthcare #Hospitals #HCTransparency #HealthcareCosts

DrFirst.com

Download the transcript here.

DrFirst