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77 – The Internet of Things and Pharmacy: Opportunity or Threat?

by Robert Leave a Comment

Reading Time: 4 minutes

The Internet of connected things is enabling some amazing everyday innovations from virtually viewing your pizza from oven to doorstop, to knowing the exact time you need to leave the pharmacy to make It home for dinner. But, the magic is only just beginning when it comes to connected healthcare devices, and how that will be a major driving force of the transformation of our role as pharmacists in primary healthcare. If you would like to learn how you can take advantage and start planning your Internet of Things (iOT) strategy, then you won’t want to miss this episode of the Transpharmation Show. Here’s a short video of reason’s why you should tune in today!

Why the electrical retailers may win the battle but your #pharmacy can win the #WearableTech war #transpharmation

Click To Tweet

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In this episode you’ll learn about:

  1. How to disrupt your interruptions, saving time and reducing stress
  2. What is the Internet of Things?
  3. When are connected health devices creepy or helpful?
  4. How our patients health data and our ability to translate it into wisdom holds the key to patient loyalty and retention
  5. How connected health devices will help solve the impending aged care bed shortage crisis
  6. How to start planning your Internet of Things (iOT) strategy
  7. How to wrest the connected health device momentum from electrical and department stores
  8. New opportunities to reclaim pharmacy categories lost to the grocery channel

5 Productivity tips for ‘disrupting your interruptions’

  1. Disable phone and desktop alerts and notifications
  2. Check email only TWICE/day (Use Inbox PAUSE)
  3. Don’t file Emails
  4. Focus on High Value Pharmacist Activities (see Peter Feros’ list below)
  5. Any interruption is an opportunity to create a system to enable your team to make better decisions by following your workflow/procedure.

Peter Feros’ 10 things a Pharmacist should NEVER do! (excerpt from AJP – 2008)

  1. Take in prescriptions
  2. Enter prescription data into the computer
  3. Assemble paperwork
  4. Pick Stock
  5. Package prescriptions for pick-up
  6. Get patients to sign prescriptions
  7. Get patients to pay for prescriptions
  8. Order dispensary stock
  9. Handle PBS claims
  10. Order dispensary stationery

Episode Timeline:

00:00 Show Introduction

00:46 Opening Segment: Weekly Check-In 5 Productivity tips for ‘Disrupting your Interruptions’, Pharmacy Student Innovations

13:43 Introduction to Issac Elnekave

17:10 Where are the 50 billion Internet connected devices going to live in 2020?

19:30 What is the Internet of Things?

21:15 Why is the Internet of Things particularly relevant to Pharmacy?

24:30 Connected Health Devices: One the fastest growing categories in electrical retailers

26:15 Creepy or Helpful?

28:50 How can we help our patient’s translate their connected health device data into wisdom

31:15 Connected Healthcare and the Baby Boomer Tsunami

35:05 How to start planning your pharmacy’s Internet of Things (iOT) Strategy

37:30 How can we access our patient’s connect health device data? and start collaborating

42:20 Why we need Connected Health Dashboards

44:00 Health Data translation is a powerful patient retention service

46:40 Creating and Designing your pharmacy’s Connected Health Device Category

48:35 How to wrest the connected health device momentum from electrical and department stores

50:50 The evolving digestible tech market/opportunities

53:45 Live clinical studies and learnings regarding drug effectiveness in humans. Adaptive Medicine

55:04 Adaptive Nicotine Patches – Opportunity to reclaim the Smoking Cessation Category/Service

57:55 The Future

60:33 3 Key Learnings

64:02 Transpharmation Motivational Quote of the Week & Next Week

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Resources and Links mentioned:

  • Pharmacy Technology Group
  • Episode 50 – Morris Miselowski
  • Scanadu Scout
  • Hidrate Me – Connected Waterbottles
  • Episode 33 – Luke Fitzgerald
  • Chrono Solution – The world’s first personal smoking cessation therapy 
  • Tedx Melbourne YouTube Channel
  • Inbox Pause 
  • Episode 49 – Google Apps for Pharmacy
  • Download your FREE Audiobook, and get a FREE 30-day Audible Trial
  • Getting Things Done – David Allen
  • Transpharmation Program Brochure
  • Learn about the ‘Transpharmation’ Discovery Session
  • SHARE the Transpharmation Show with a colleague, send them to transpharmationshow.com.au
  • Register for the FREE ‘Build your customised retail category’ masterclass with Hilary Kahn (Limited to 100 seats only) 

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Transpharmation ‘Motivational’ Quote of the Week

“See opportunity where others see challenges” – Dr. Sasha Courville

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This week’s episode of ‘Transpharmation’ is brought to you by:


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Tweetables:

Why translating data from connected health devices builds trust and #pharmacy loyalty #transpharmation

Click To Tweet

How your #pharmacy can reclaim nicotine replacement therapy from supermarkets #transpharmation

Click To Tweet

Is connected #healthcare creepy or helpful? #pharmacy #transpharmation

Click To Tweet

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My 3 Key Learnings:

  1. We’re already playing catch up when it comes to connected health devices
  2. You need the right mindset and be ready to fully embrace the internet of things.
  3. Get Excited! The biggest pharmacy brands in the world are investing large amounts of resources in digital healthcare.

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Click to review and rate the ‘Transpharmation’ Show on iTunes!

I value every review I receive and often read them out on the show. If you take the time to leave one, THANK YOU!

OVER TO YOU!

Let me know YOUR key takeaways from this episode by leaving a comment below. I personally read and respond to every comment!

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Internet of Things and Pharmacy

Filed Under: Podcast, Transpharmation Tagged With: Connected Health Devices, Connected Healthcare, Internet of Things, Podcast

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