CABHI-funded i2p2 study will prelude product launch for AceAge’s medication delivery solution Karie
GUELPH, ON | August 7, 2018 – AceAge Inc., the company behind the creation of the automated medication delivery appliance Karie, will collaborate with Centric Health Corporation (“Centric Health”) as the pharmacy fulfillment partner for its upcoming Industry Innovation Partnership Program (i2p2) study, led by the Centre for Aging + Brain Health Innovation (CABHI). The program helps accelerate the testing and evaluation of products and services designed for aging populations.
“Centric Health was not only a natural choice as they are our strategic partner, but they are a great addition to the team in a clinical research setting, where we will be validating our product,” shares AceAge CEO Spencer Waugh. “We are thrilled to be working with one of the top Canadian pharmacies for safe, secure and high quality medication dispensing.”
Karie schedules, monitors and delivers medication for its users, leaving no room for human error leading to medication mix-ups. Karie was developed to improve health outcomes, enable older individuals to age in place and relieve caregivers from the task of medication management.
“We are very pleased to be collaborating with AceAge in the i2p2 study,” says Tim Matthews, COO of Specialty Pharmacy at Centric Health. “We have believed in the vision and efficacy of Karie from the outset as an early partner of AceAge and are of the view that it will become an important tool in managing the health of seniors. We are excited at the clinical validation that we believe will be demonstrated through the study.”
The study, funded by CABHI with matching funds from AceAge, will take place in two provinces at West Park Healthcare Centre in Ontario, and CapitalCare in Alberta. The study will be conducted with rehab patients and early onset dementia patients with an in-home caregiver, demonstrating how adherence and health outcomes improve when patients take their medication using Karie.
The value that Karie’s automated system brings to the healthcare system will be explored in a cost-effectiveness analysis. The objective of the study is to provide clinical evidence, building towards a more informative decision on paid benefit for insurers and the government.
“We are thrilled to see AceAge collaborating with Centric Health Corporation to test Karie through CABHI’s Industry Innovation Partnership Program. Partnerships like these are at the core of everything CABHI does,” says Dr. Allison Sekuler, Vice-President Research and Sandra A. Rotman Chair at Baycrest, and Managing Director of CABHI. “When innovators and healthcare partners work together, we can get innovative products like Karie into the hands of older adults – in Ontario, in Alberta, and across Canada – and help them live longer and live better.”
About AceAge Inc.
AceAge Inc. is a healthcare technology company, creating intuitive products to ease the aging process and improve health outcomes. Its upcoming product Karie is a home health appliance designed to help people take their medication safely, as directed by their physician. In addition to the release of Karie in 2018, AceAge has been working on various other upcoming initiatives, including i2P2 Studies.
Watch how Karie works: Karie – Medication Made Simple Video
About Centre for Aging + Brain Health Innovation (CABHI)
The Centre for Aging + Brain Health Innovation, led by Baycrest, is an innovation accelerator for the aging and brain health sector, providing funding and support to innovators for the development, testing, and dissemination of new ideas and technologies that address unmet brain health and seniors’ care needs. Established in 2015, it is the result of the largest investment in brain health and aging in Canadian history. Spearheaded by Baycrest Health Sciences, CABHI is a unique collaboration of healthcare, science, industry, not-for-profit and government partners. CABHI’s objective is to help improve quality of life for the world’s aging population, allowing older adults to age safely in the setting of their choice while maintaining their cognitive, emotional, and physical well-being. For more information on CABHI, please visit: www.cabhi.com.
About Centric Health
Centric Health’s vision is to be Canada’s most respected and recognized provider in the independent healthcare sectors in which it operates, world renowned for delivering the highest levels of quality care and outcomes, innovative solutions and value to patients, clients and stakeholders. To this end, Centric Health primarily focuses on two core healthcare businesses:
- The Specialty Pharmacy division is a “Seniors First” model composed of a growing national network of fulfilment centres that deliver high-volume solutions for the cost effective supply of chronic medication and other specialty clinical care services, serving more than 28,000 residents in over 440 seniors communities (long-term care facilities, retirement homes and assisted living facilities) nationally. The Specialty Pharmacy division also provides pharmaceutical dispensing services for employees insured by corporate health plans.
- The Surgical & Medical Centres division is Canada’s largest independent surgical provider operating five facilities across four provinces. It serves a diversified customer base with private paid non-insured surgeries and diagnostics, government outsourcing of insured surgeries and diagnostics and other procedures funded by third-party payors (including Workers Compensation) and is the proud owner of Canada’s first Centre of Excellence in Metabolic and Bariatric Surgery.
With national networks of facilities in each of its businesses, deep knowledge and experience of healthcare delivery and extensive, trusted relationships with payers, physicians, and government agencies, Centric Health is uniquely positioned to address current and future healthcare needs in growing markets as the Canadian healthcare industry goes through a major transformation over the medium to long term. www.centrichealth.ca
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