PharmD Live, an emerging digital health company, welcomes Jene’ Hong as the chief financial officer (CFO). Hong is an exceptional leader and certified public accountant (CPA) with more than 25 years experience in a variety of industries including biotechnology and pharma. Hong will oversee the company’s accounting, risk management, financial planning and reporting. She will join Dr. Cynthia Nwaubani, PharmD Live’s chief executive officer (CEO) in navigating the capital raise in preparation for the solution’s anticipated mid-November launch.
“Hong was selected for the CFO role because of her extensive experience in leading emerging companies to market-leading positions,” stated Nwaubani. “Her background and experience dovetail with PharmD Live’s current market position and short and long-term growth strategies. We welcome her to the PharmD Live team and look forward to her catalytic impact on commercial growth.”
PharmD Live will enter the market with their pharmacist-led chronic care management solutions in anticipation of changes to reimbursement models for physicians and physician groups occurring on January 1, 2019, set forth in the Medicare Access and CHIP Reauthorization Act (MACRA) of 2015. PharmD Live will serve as a third-party extension of healthcare entities to assist them in meeting and reporting quality measures through the Merit-Based Incentive Payment System (MIPS) or Advanced Alternative Payment Models (AAPMs).
“We are committed to easing the transition to value-based care and improving quality of life for patients. We anticipate significant commercial and clinical impact for our healthcare partners,” stated Hong. “I am proud to be an integral part of the PharmD Live team, and look forward to addressing the challenges in the current healthcare landscape as one of PharmD Live’s leaders.”
Patient-centric care and patient engagement are the hallmarks of the pharmacist-led solution, which relies on an advanced clinical rules engine and artificial intelligence (AI) to deliver state of the art chronic care management. Around-the-clock access to a clinical pharmacist via a patient portal, telephony or in-person visits eases the administrative and clinical burden on physicians and ensures patient satisfaction and improved health outcomes. Bi-directional data flow between electronic health records (EHR) ensures real-time communication for clinical decisions.
About PharmD Live:
PharmD Live is a digital health company providing pharmacist-led turnkey care management solutions and medication risk management, including adherence programs, to improve clinical outcomes and quality of life. PharmD Live partners with physicians, accountable care organizations, post-acute care facilities, hospitals and pharmaceutical companies to ease the transition to value-based care, promote medication adherence and deliver turnkey care management services, including chronic care management (CCM), transitional care management (TCM), and annual wellness visits (AWV) to Medicare and Medicaid beneficiaries. PharmD Live’s adherence solutions are designed to support value-based purchasing for pharmaceutical companies. PharmD Live’s innovative software is designed to solve chronic care, medication adherence and billing challenges facing patients and practices.