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Everest Group Life Sciences Digital Services Specialists PEAK Matrix® Assessment 2024
We’re proud to have been named a Leader in the Everest Group Life Sciences Digital Services Specialists PEAK Matrix® Report. Everest Group classified ...
The Relationship Between Drug Price Controls And Patient Health Outcomes
No long-term “solution” on drug pricing has emerged gaining broad consensus among public policy officials and politicians, patient advocacy groups, medical and health service researchers, biopharma industry representatives, and healthcare professionals. However, the “quick and easy fix” option of price controls invariably comes up. While this option is publicly appealing, the question is what (if ...
Deploying K Nearest Neighbor Modeling Methodologies For Real World Problems
There has been an immense improvement of theory and algorithms in recent times leading to enhancement in computation power. Also, online data availability was never easier than now. As a result, machine learning techniques have become more popular in solving real world problems. There are a number of machine learning techniques available now for continuous as well as categorical target events. K ...
Payer Influence On Product Performance In Pharmaceutical Industry
Payers vary in their ability to assert formulary compliance. We will explore how tools and analytics can enable a pharmaceutical manufacturer to assess factors impacting formulary control and incorporate those findings when evaluating contracting opportunities. We apply these approaches to understand the various levers payers use to control product utilization and measure the direct and indirect ...
From “Sick” Care To “Health” Care: Analytics Driven Transformation
Globally, healthcare continues to focus on treating disease. More reactive ‘sick care’ than proactive ‘healthcare’! This approach basically leads to intervention only when the health of any person reaches a critical stage, resulting in costly clinical interventions and hospitalizations. Inefficiencies in the delivery of healthcare further contribute to spiraling costs. The unsustainable economic ...
Enabling Smarter Commercial Model Experimentation
The pharmaceutical industry is changing and manufacturers need to modify approaches and structures to survive in a competitive environment. The pace of change necessitates that Pharmaceutical companies undergo a transformation; with organizations expanding the capabilities of their commercial models through smarter experimentation, scalable measurement, faster learning, and dynamic decision ...
Be The (Medicare) Star: Improve STAR Rating With Analytics Powered Therapy Adherence Strategy
Improving the quality of care and services to patients and enrollees is one of the key imperatives of the Affordable Care Act (ACA). Several initiatives and measures have been put in place to make this imperative an operational reality across the entire healthcare landscape. For several years, CMS has posted quality ratings of Medicare Advantage plans (STAR Ratings) to help Medicare ...