Showing posts with label wharton. Show all posts
Showing posts with label wharton. Show all posts

Friday, September 12, 2008

MEDICINE: Aetna-Wharton To Test Paying Patients To Take Their Heart Meds

(previously published here at www.thebulletin.us)

Researchers at the University of Pennsylvania's Wharton School are studying whether daily lottery cash incentives of $10 and $100 will help improve the likelihood of patients' taking their prescribed medication.

The research will begin this fall and take place over a six-month period, with results being available in March of next year.

The Aetna Foundation, the non-profit arm of the national health insurer, is sponsoring the study with a $400,000 grant. Philadelphia is a designated community under the foundation's Healthy Community Grants Program and Healthy Community Outreach Program.

Dr. Kevin G. Volpp, director of the Center on Health Incentives at Wharton's Leonard Davis Institute for Health Economics, explained that since people often stop taking medication within a few days, potential health benefits cannot be realized.

"People find it difficult to do things long term [like taking medication] in the short term [on a daily basis]," Dr. Volpp said. "A lot of behavioral economic research shows that people tend to weigh the present more heavily as opposed to [a] future decision."

So he and colleagues designed a two-arm randomized trial based on a system of feedback and incentives and proposed it to Aetna. The trial would enroll 100 participants to test a daily lottery as incentive for taking Warfarin, a blood thinner prescribed to prevent swelling and blood clots.

An electronic monitor would connect to pill boxes, tracking whether each participant takes his or her medicine. Participants would receive daily text messages saying whether he or she has won the lottery, or, if the dose was missed, whether they would have won.

An incentive group of 50 people would have a 1-in-10 chance of winning $10 for every day they take their medication and a 1-in-100 chance of winning $100. A control group of 50 people would use the same electronic monitor but not be entered into the lottery.

According to Dr. Troyen A. Brennan, Aetna's Chief Medical Officer, they chose to sponsor the trial because adherence is key to quality of care and statistics show that a year after beginning medication, only about 50 percent of patients are taking medications as directed. "If it looks like it works, we'll try to incorporate it in things we do," he said.

For Dr. Volpp, the trial's co-founder, this is just one of many possibilities in using behavioral economic tools towards strengthening health applications.

"There is a synergy between health professionals who want people to adopt healthy behaviors and commercial interests who want to find ways to effectively make sure that people ... behave in healthy ways in higher rates," Dr. Volpp said. "I think there are big opportunities to try to think creatively about how to use incentive systems to try to help people adopt healthy behaviors at higher rates."


Heather J. Chin can be reached at hchin@thebulletin.us.

©The Evening Bulletin 2008

Tuesday, July 22, 2008

Alumnus Donates $1.5M In Grants To Two Penn Schools

(previously published here at www.thebulletin.us)

University of Pennsylvania alumnus Arthur Bilger and his wife, Dahlia, made two monetary gifts this week to his alma mater to be used to support research into interactive media business models and therapeutic drugs to treat Alzheimer's disease.

The Wharton School received a $1 million gift to create and support the Wharton Interactive Media Initiative (WIMI), a research program focusing on interactive media, its effect on global business and its influence on traditional media business models. This data-driven research will hopefully be applied to helping media companies do profitable business.

Of his family's donation to Wharton, Mr. Bilger said "Through the WIMI, Wharton will continue its tradition of cutting-edge scholarship with practical applications... to the world of business."

The Bilger Foundation's $500,000 donation to the School of Medicine will establish the Nathan Bilger Alzheimer Drug Discovery Initiative in memory and honor of Mr. Bilger's father. The monetary gift will be used by the Center for Neurodegenerative Disease Research (CNDR) to identify new methods and drug targets for the treatment of Alzheimer's disease that can hopefully be translated by their Marian S. Ware Alzheimer's Drug Discovery Center into new therapeutic drugs.

"The Bilger family gift will enable us to determine if an off-label drug used to treat organ rejection in transplant patients can be used to treat Alzheimer's disease," Dr. Virginia M.Y. Lee, CNDR director, said to the Almanac, a Penn-run publication.

Dr. John Q. Trojanowski, director of PennMed's Institute on Aging, explained that this is significant because early studies that are promising need a lot of money to evaluate them further as potential Alzheimer's therapies, and, "if successful, could put more drugs in the pipeline aimed at helping... patients by blocking... the disease process."

Mr. Bilger manages a private investment firm in California, is a member of Wharton's Board of Overseers, and along with his wife has supported the School of Arts and Sciences, Penn Medicine, and a scholarship for undergraduates.

Heather J. Chin can be reached at hchin@thebulletin.us

©The Evening Bulletin 2008