GETTYSBURG, PA (May 21, 2023) — OPEN MINDS announced today the collaborative partnership with Altruix, formerly Terrapin Pharmacy, for the 2023-24 year. Altruix, is a high-touch pharmacy dedicated to serving individuals with behavioral health and intellectual and developmental disability populations helping them maintain independence in their homes and their communities.
“Altruix uses advanced medication technology that is all about reducing time and errors while managing medications, extending the workforce through remote monitoring for medication adherence and biometric readings, to support independent functioning and community inclusion for complex needs consumers,” says Christy Rosado, President Long-Term Care Pharmacy & Chief Marketing Officer of Altruix. “In contrast to visits and pharmacy services, our ‘smart vending solution’ has increased medication adherence to 90% or higher, resulted in 25% fewer emergency room visits, and has resulted in 40% fewer dollars spent on hospital visits.”
“Altruix is a unique solution provider and partner for OPEN MINDS,” said OPEN MINDS Chief Executive Officer, Monica E. Oss. “We are attracted to partners like Altruix who bring technology innovation to support consumers with self-management of health while simultaneously supporting a direct care workforce already stretched to meet demand.”
As part of the partnership, Altruix will be an underwriting sponsor of all five upcoming OPEN MINDS Executive Institutes taking place in fiscal years 2023-2024 including:
- The 2023 OPEN MINDS Strategy and Innovation Institute, June 13 – 15, 2023 – New Orleans, Louisiana: View Event
- The 2023 OPEN MINDS Management Best Practices Institute, August 15-17, 2023 – Long Beach, California: View Event
- The 2023 OPEN MINDS Executive Leadership Retreat, September 19-21, 2023 – Gettysburg, Pennsylvania: View Event
- The 2023 OPEN MINDS Technology & Analytics Institute, October 25-27, 2023 – Philadelphia, Pennsylvania: View Event
- The 2024 OPEN MINDS Performance Management Institute, February 13-15, 2024 – Clearwater Beach, Florida: View Event
“We are excited to expand our partnership with OPEN MINDS,” said Yeardley Green, EVP of Sales for Altruix. “Our strategic relationship with OPEN MINDS and its members helps us to bridge the gap between technological innovation and technological adoption.”
Altruix is a high-touch pharmacy dedicated to behavioral health and intellectual & developmental disability populations. The company’s pharmacy expertise, optional Medherent technology, and special packaging promote medication adherence. Altruix provides value-added services that help clients take their medications as prescribed without having to juggle pill bottles, while physicians and staff spend less time managing medications, getting essential information, and dealing with errors. Altruix customers achieve improved outcomes such as 90% adherence, 40% fewer dollars spent on ER and hospital visits. For more information, visit www.altruix.com.
About OPEN MINDS
OPEN MINDS is a national market intelligence, management consulting, and marketing services firm specializing exclusively in the markets of the health and human service field that serve consumers with chronic conditions and complex support needs. OPEN MINDS mission is to provide payers, service provider organizations, and technology and scientific firms that serve these consumers with the market and management knowledge needed to improve their organizational efficiency and effectiveness. Learn more at http://www.openminds.com.