Mobile-based Sure Med Compliance has been awarded $1 million in early stage funding to help launch a new online program to make use of pain medication safer. Perspectives in Care is designed to ease the risk of opioid addiction.
Funding leadership came from Birmingham-based ProAssurance, one of the nation’s largest providers of medical malpractice insurance. Innovate Alabama also provided $250,000 of the funding total.
Sure Med hopes to expand use of its platform to orthopedic, acute care and addiction medicine — three other areas that commonly prescribe controlled substance.
Sure Med, which was founded in 2016, has developed compliance technology that “combines an electronic patient-reported outcome (ePRO) platform that has been shown to improve outcomes for patients and providers in pain management settings, with a private marketplace that allows life-sciences companies to advertise their products to the doctor at the point of care.” In 2020, the firm received a National Institutes of Health grant and began a clinical trial in partnership with the University of Florida College of Pharmacy.
John Bowman, founder and CEO of Sure Med Compliance, said, “At Sure Med Compliance we believe that mitigating risk to the provider is the most effective way to improve patient outcomes in pain management settings. This partnership with ProAssurance not only enables us to advocate for physicians struggling to navigate the complexities of the current medicolegal landscape, but also provides us with a viable path to reaching scale and becoming the leader in pain management digital health solutions.”
ProAssurance Executive Vice President Rob Francis added, “By partnering with companies dedicated to new technologies and innovation that benefit patients and improve lives, ProAssurance is able to reduce provider risk and ultimately protect others. It is an intersection of potential that aligns with our purpose. Through our affiliation with Sure Med, ProAssurance is at the forefront of helping physicians to prescribe responsibly, leading to better outcomes for patients.”
Sure Med is offering the platform free to the first 250 clinics that sign up.