Perigon Health 360 Company Profile
Background
Perigon Health 360 is a digital healthcare company that integrates innovative technology with high-touch pharmacy services to enhance patient engagement and medication adherence. Formed in June 2021 through the merger of Lifeboost, Inc. and Vivaleas' Valeda Rx, the company operates three divisions: Tespo Vitamins, Baritastic, and Perigon Pharmacy 360. Perigon Pharmacy 360 is licensed to serve all 50 states and the District of Columbia and holds dual accreditation from both URAC and ACHC.
Key Strategic Focus
Perigon Health 360's strategic objectives include:
- Precision Digital Pharmacy: Combining advanced technology with personalized pharmacy care to monitor real-time medication compliance and enhance collaboration among patients, pharmacists, and providers.
- Patient Engagement: Utilizing platforms like Medesto Connect to assess social determinants of health (SDoH) and provide tailored patient support.
- Medication Adherence: Implementing tools such as the spencer® SmartHub to promote adherence and collect real-world data for improved health outcomes.
Financials and Funding
Specific financial details and funding history for Perigon Health 360 are not publicly disclosed.
Pipeline Development
Perigon Health 360 focuses on developing and integrating technologies that support medication adherence and patient engagement. Notable developments include the Medesto Go handheld medication adherence device, set to launch in Q1, designed to support patients in maintaining medication schedules while on the move.
Technological Platform and Innovation
Perigon Health 360 distinguishes itself through several proprietary technologies and methodologies:
- Medesto Platform: A comprehensive patient engagement software that facilitates real-time data collection and personalized patient support.
- Spencer® SmartHub: An in-home digital medication dispensing device that promotes adherence and collects daily patient insights, integrating data from wearable biometric devices.
- Medesto Go: A forthcoming handheld device aimed at enhancing medication adherence for patients on the move.
Leadership Team
- Ted Mills: Chief Executive Officer
- Don Howard: Chairman of the Board
- Mark Carroll: Chief Financial Officer
- Shannon Hastings: Chief Technology Officer
- Dan Abeling: Chief Product Officer
- Genese Hendrickson: Chief Executive Officer of Perigon Pharmacy 360
These leaders bring extensive experience in healthcare, pharmacy, and technology, guiding the company's strategic direction and innovation efforts.
Leadership Changes
In July 2021, Perigon Health 360 announced the addition of Mark Carroll as CFO, Shannon Hastings as CTO, Dan Abeling as Chief Product Officer, and Genese Hendrickson as CEO of Perigon Pharmacy 360.
Competitor Profile
Market Insights and Dynamics
The digital health and pharmacy sectors are experiencing significant growth, driven by increasing demand for personalized healthcare solutions and advancements in technology. The focus on medication adherence and patient engagement presents substantial opportunities for companies like Perigon Health 360.
Competitor Analysis
Key competitors in the digital pharmacy and health technology space include:
- PillPack by Amazon Pharmacy: Offers pre-sorted medication packaging and home delivery services.
- Capsule: Provides same-day prescription delivery and digital pharmacist consultations.
- Medisafe: Develops medication management apps to improve adherence.
These companies focus on enhancing medication adherence and patient engagement through various technological solutions.
Strategic Collaborations and Partnerships
Perigon Health 360 has established several strategic partnerships to enhance its service offerings:
- Instacart Health: Collaborated to address food insecurity among patients, integrating nutritional support into patient care.
- Seqster: Partnered to deliver patient-centric recruitment, engagement, and medication adherence solutions by integrating real-time health data.
- Spencer Health Solutions: Teamed up to bring in-home engagement technology to high-touch pharmacy care, utilizing the spencer® SmartHub.
Operational Insights
Perigon Health 360 differentiates itself through its Precision Digital Pharmacy model, which combines advanced technology with personalized pharmacy services. This approach enables real-time monitoring of medication adherence and fosters collaboration among patients, pharmacists, and providers, positioning the company as a leader in patient-centric digital healthcare solutions.
Strategic Opportunities and Future Directions
Looking ahead, Perigon Health 360 aims to expand its technological offerings, such as the upcoming Medesto Go device, and strengthen its partnerships to address broader aspects of patient care, including social determinants of health. By leveraging real-time data and personalized support, the company is well-positioned to enhance patient outcomes and drive growth in the digital health sector.
Contact Information
For more information, visit Perigon Health 360's official website.
Note: Specific contact details such as email addresses and phone numbers are not provided in this profile.
