Brad Tice,
Founder & CEO of RxGenomix
A full 50% of medications may not be right for any one individual, all due to their unique genetic profile. That means a medication that may be beneficial or even life-saving for one person could be ineffective or dangerous for another. Getting that one thing right could make a life-changing difference in how long it takes someone to get effective treatment, how many trips to the doctor or hospital it’s going to take, and their quality of life along the way.
The partnership between RxGenomix and NavMD began from a collaborative passion to address the rising costs of healthcare, overprescribing of medication, and ultimately, to improve the standard of healthcare to find the right medication on the first try.
When it comes to finding the
right medication for an individual, the outdated system of trial and error is costly, inefficient, and can be harmful to the patient. In fact, with the increasing instances of individuals with mental health, behavioral health and depression that came out of the pandemic, research shows it takes an average patient five to eight visits to the doctor’s office to find the medication that works for them.
Overprescribing medications remains a critical issue in medical practice today, often negatively impacting patients by worsening symptoms and even causing additional negative symptoms that didn’t exist prior.
With the availability of DNA testing, companies like RXGenomix have the opportunity to avoid unnecessary healthcare costs, find the exact medication a person needs depending on their unique genetic profile, and improve the overall health of large populations.
Using techniques like pharmacogenetic testing – combined with the data analytics of large population groups – medical practitioners are able to understand what medications work, which medications won’t work, and the correct dosage based on a person’s unique genetic profile from the beginning.
Have a tool on your side that is proven to drive results for any size, any plan.
You’re a health benefits expert; spend less time cleaning and normalizing health plan data and more time advising on solutions that create value.
Spend more time face to face with your clients, delivering solutions that make you stand out in the market.
A KOMPASS KAPITAL COMPANY
© 2023 Kompass Kapital Management, LLC