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Health tech entrepreneurs Titan PMR invest in latest ground-breaking software
Bristol tech entrepreneurs Titan PMR have created their latest ground-breaking software as the company continues its mission to revolutionise community pharmacy.
Two years and more than £1m of private investment has gone into creating Titanverse – a ground-breaking pharmacy management system.
The innovative platform enables pharmacy chain owners to digitally transfer workloads between separate pharmacies, communicate directly with patients, carry out consultations, manage appointments and promote specialist clinical services.
Tariq Muhammad, a former community pharmacist and now CEO of Titan PMR, said his mission is to give pharmacists the ability to independently grow their businesses and evolve to administer a wider range of clinical services, providing the paying public with a viable alternative to relying on the NHS.
“Through our nation’s health services I see people stuck in their ways without the freedom to innovate,” he said. “What we’ve created here is genuinely game-changing, a creative solution to the problems our sector faces.
“We’re using modern technology and applying it in a real-world context to help get the most out of pharmacists, who are an under-appreciated and overlooked resource.
“In the process we’re giving pharmacists the ability to grow independently of the shackles of the NHS. My vision is that, one day, pharmacies can become genuine community health hubs – not just dispensing but also diagnosing and prescribing solutions for a range of health problems.
“That can only be good news for patients, pharmacists and for the wider NHS.”
The new Titanverse system comes into fruition four years after the company’s revolutionary patient medication record (PMR) software became the first cloud-based software for managing medicine dispensing to be accredited by the NHS.
Since then the system has been adopted by more than 500 community and online pharmacies, as well becoming accredited for remote rural dispensing doctor surgeries. It is now used to process almost 7 per cent of all prescriptions in the UK.
“Titanverse is going to introduce similarly ground-breaking workflow efficiencies as Titan PMR did,” said Tariq. “It’s just going to be on a wider range of aspects of running a pharmacy business and delivering clinical services.
“Now we’ve got pharmacists out of the dispensary we need to give them a platform to embrace those new roles and carve out that professional, independent model of pharmacy for the future.
“At the moment 90 per cent of the average pharmacist’s work comes via the NHS. We can create a parallel medical service that sits in the community, paid for by people who want to pay for it. That’s the vision that I’m trying to provide.”
Titanverse will be revealed in full to delegates at this year’s Pharmacy Show, held at the NEC in Birmingham on October 15 – 16.
The system has been developed by the team at Invatech Health – parent company of Titan PMR – based in offices in Eastville, Bristol.
Heading up the technical elements of the development has been Tariq’s brother and Titan PMR CEO Wahid Muhammad.
Speaking at a soft launch of the system to Titan PMR customers last week, he said: “Titanverse is going to offer pharmacists a one-stop-shop to support their business from top to bottom.
“It starts with a web-based map with the pharmacy in the middle – from there, users can manage clinical elements, operations, finance and team efficiency. We have also built in KPIs for each one with a traffic light system to alert pharmacists if their attention is urgently needed.
“This system is going to empower pharmacy owners to have their businesses in the palm of their hands, giving them authority and autonomy and freeing them up to grow and better serve the communities in which they operate.
“We’re delighted with Titanverse and are looking forward to seeing it rolled out.”
Pictured: Tariq (left) and Wahid Muhammad of Invatech Health
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