Chattanooga-based Picture Rx, LLC Is Sold To Bioscape Digital

Tuesday, January 28, 2014

Bioscape Digital, a leader in innovation and development of patient engagement platforms, today announced it will acquire Chattanooga-based Picture Rx, LLC, an industry leader in the development of intuitive patient-centric medication tools.  The addition of PictureRx's industry relationships and expertise in medication management will accelerate Bioscape's broader strategy to enable seamless integration of tablet-based technology into a better patient experience, it was stated.

 

Officials said, "This acquisition will help solidify Bioscape as the patient engagement platform of the future, optimizing healthcare for all key stakeholders: the patient, the provider and the health system. PictureRx's founders will remain active participants in Bioscape to support both the strategic vision of Bioscape and the execution of medication-specific tools and technologies."

  The combined entity will be headquartered in Atlanta with an office in Tennessee.  

Stuart Bracken, chief executive officer of Bioscape Digital, said, "The acquisition of PictureRx is a milestone for Bioscape. PictureRx's technology and subject matter experts will accelerate the development of our visionary platform.  As a result, Bioscape will re-empower both patient and provider, while at the same time, saving the healthcare system millions of dollars."  

Sheila Boyington, co-founder of PictureRx, said, "We are excited to enter into this acquisition to provide PictureRx with a pathway to grow to its full potential. Garnering over $2 million in NIH grants has allowed us to develop PictureRx into a dynamic technology for improving patient health.   When combined with Bioscape's innovate healthcare platform, we will be able to provide health systems an unbeatable complete solution for medication and healthcare information delivery."

Founded in 2007, PictureRx was inspired by the many patients who have difficulty taking their medicines correctly, and by their friends and family members who try to help them. PictureRx grew out of research which proves that using pictures helps both children and adults remember what medicines to take, what they are for, and how to take them. PictureRx is one of the few medication aids tested in clinical research studies. Four out of five patients said PictureRx helped them keep up with their medicines.  Among many other accolades, PictureRx was recently awarded a Phase II SBIR Contract to improve Medication Safety.

Founded in 2012, Bioscape Digital is a patient engagement service enabler that delivers relevant information into health systems utilizing tablet based technology.  With Bioscape, patients are empowered to engage in their health, providers are enabled to practice medicine more effectively and health systems are elevated to the next level in quality of care. Bioscape recently earned finalist recognition for the 2013 Intel Innovation Awards.


Christopher & Banks Opens New Store In Northgate Mall

Christopher & Banks Corporation, a women’s specialty retailer, Wednesday announced the grand opening of its new retail concept store at Northgate Mall.   The new store combines its Christopher & Banks and CJ Banks brands, bringing missy, petite and women’s sizes 4 – 24 into one shopping location. “We are thrilled to bring this concept to Chattanooga,” said LuAnn ... (click for more)

Volkswagen Celebrates 200 Million Vehicles Produced

The Volkswagen Group has now produced 200 million vehicles. Volkswagen is one of the few manufacturers in the world to have reached this total. At the Group evening, the sports car study Volkswagen XL Sport made its world debut as the 200 millionth Group vehicle. On the occasion of the production record, actress Catherine Deneuve, founding chairperson of “Cinema for Peace”, received ... (click for more)

Teen, 17, Charged With Aggravated Rape In Attack On 69-Year-Old North Chattanooga Runner

A 17-year-old has been charged with aggravated rape in connection with an attack on a 69-year-old runner in North Chattanooga on Monday morning. The teen was identified by Juvenile Court officials as Diontae Smartt. Authorities said he has given a confession. Smartt has a detention hearing Thursday at 12:30. The incident happened at approximately 7:30 a.m. ... (click for more)

Berke Implements New Pay Plan For Chattanooga Fire Department

Mayor Andy Berke joined the International Association of Fire Fighters (IAFF) and leadership of the Chattanooga Fire Department to unveil the department’s new pay plan Wednesday afternoon. At a press conference at Fire Hall #1 on Main Street, Mayor Berke and IAFF Local 820 President Jack Thompson signed a memorandum of understanding which sets forth regular raises for fire ... (click for more)

Leaders Lead On Amendment 1

This week the Hamilton County Commission was faced with what I believe may be one of the most important votes they have cast during their tenure.  Granted, the vote was over a "mere" Resolution that resulted in no overt action or new law in our county.  But there are times when simply speaking Truth and taking a stand on a foundational Principle is paramount and as such ... (click for more)

Roy Exum: My October Garden

Hark! It is the first day of October and, as I make my monthly stroll through the garden, I find a growing numbers of leaves and acorns. Autumn leaves are beautiful while acorns are nuts, thus you will get the idea as we make our monthly awards: A PRETTY LEAF to Phil Hughes after the Minnesota Twins pitcher came within one inning of earning a $500,000 bonus this season. The deal ... (click for more)