HxRefactored Sneak Preview: Josh Stein, CEO, AdhereTech
We’re nearing the end of our HxRefactored sneak peak interviews! But the upside is that HxR is soon! Don’t forget to register! Helping close up this series is Josh Stein. Josh is the CEO of a company that makes smart pill bottles, to improve health care!
What is your burning mission in health and why?
JS: My mission is to improve medication adherence, the biggest problem in healthcare. Average adherence rates are about 60%, and low adherence leads to about $300B in increased costs, $100B in lost revenues, and 125,000 premature deaths each year.
What is your patient story?
JS: Even as the CEO of a medication adherence company, I’ve been non-adherent to certain medications (in the past – before AdhereTech, of course). It’s an issue that affects all patients.
What new health-related website, app, or technology do you think will improve health?
JS: AdhereTech! I’m biased… Some other great health-tech hardware companies out there include Misfit Wearables, Kinsa, and IntelligentM. All of these firms leverage seemingly simple devices – in conjunction with elegant technologies and behavioral economics – to drive positive change in patient behavior.
Why should people come to your session?
JS: I will give practical advice about working with large healthcare firms, from a non-technical perspective.