FOR IMMEDIATE RELEASE Contact: Bill Park, President & CEO [email protected] Randy Parker, Vice President & CFO [email protected] (843) 277-8250 PHARMRIGHT CORPORATION ANNOUNCES ANOTHER PRE-SALE OF LIVITM DEVICES Schuyler Hospital Reserves Automated Home Medication Dispensers April 10, 2015; Charleston, SC: PharmRight Corporation, a healthcare technology company based in Charleston, SC, TM announced today that Schuyler Hospital of Montour Falls, NY, has signed a Letter of Intent to purchase Livi devices. TM Livi is a fully-automated, cloud-connected home medication dispensing system designed and developed by PharmRight. Bill Park, President and CEO of PharmRight, said “This agreement with Schuyler Hospital represents Livi’s initial entry TM to the hospital world. Among other uses, Schuyler sees Livi as a tool for patients who are managing their own oral TM solid medications while in the facility. This represents a new market segment for Livi which we hadn’t anticipated until now.” Bill Barnett, Director of Pharmacy/Pharmacy Clinical Services at Schuyler Hospital said, “As a hospital pharmacy director, you are always looking for the next great bit of technology that will deliver safe and accurate care with the TM ultimate goal of improving a patient’s outcome. I believe Livi can do that for us in a safer and more secure way than other medication on demand (MOD) devices. With her unique ability to talk with my hospital's electronic medical record and nursing staff, I am able to get meds to our patients quicker while ensuring all safety checks remain in TM place. Livi is truly revolutionary in its adaptable approach to a patient’s ability to self-administer medication.” About PharmRight PharmRight Corporation was formed in 2013 to produce devices and offer services that maximize medication TM adherence and allow patients to age in place. The company has developed Livi , an innovative, fully-automated TM home medication dispenser. A new entrant to what is being called “The Internet of Things,” Livi is designed to simulate the supervision of an on-site caregiver by prompting the user to take the right medication…at the right time…in the right quantity…with the right instructions under the Internet-enabled remote oversight of a caregiver or a team of caregivers. A cloud application monitors and captures all user interactions with the device. Family members and professional caregivers can be alerted via text message or e-mail if a user misses a dose or requires a re-fill. Comprehensive medication adherence reports are available via computer and mobile devices. About Schuyler Hospital Schuyler Hospital is a 25-bed critical access hospital, with a 120-bed skilled nursing facility attached. Schuyler Hospital's main campus, on over 50 acres overlooking breathtaking Seneca Lake, is located in Montour Falls, NY. With a history dating back nearly 100 years, Schuyler Hospital has grown and evolved into a network of providers, programs, and services that reaches throughout Schuyler County and into southern Yates and Seneca Counties to meet the healthcare needs of over 32,000 residents. For more information, contact PharmRight at (843) 277-8250 or [email protected].
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