This may seem like a simple question, but when you consider the factors that impact data quality, it is quite complex. Not unlike other businesses, pharma relies on a rich flow of data for making and assessing strategic decisions. For pharma, data comes from many different sources. The ability to capture patient data from multiple disparate sources, such as SP and HUB data, and integrate it...
Read More
The future of medicine is being driven by technology as a part of scientific discovery. Precision medicine, an emerging treatment paradigm, aims to find the right therapy at the right time based on an individual's unique genetic background,. Studies of phenotypes and genotypes, along with the use of Artificial Intelligence (AI), have provided vast and expanding knowledge of how genomics play a role in determining...
Read More
Imagine that your company is preparing to launch a new branded drug with distinct advantages in efficacy and side-effect profile. You are challenged by a crowded market dominated by generics. Ninety-six percent of the market share is shared across multiple generics; three other branded products compete for the remaining 4%. The market value is high, so dominating the branded competitors is not only a significant...
Read More
Over the past decade, the distribution model for medication delivery has evolved from retail pharmacies and mail order to Specialty Pharmacies (SP), 340B Contract Pharmacies, and Rare Disease Pharmacies. In addition, large health systems are continuing the trend of market consolidation by purchasing physician practices, smaller regional hospitals, long-term care facilities and other ancillary healthcare services. These health systems are using their size and influence...
Read More
Specialty Pharmacy data analytics are changing due to the fact that combining clinical data with Specialty Pharmacy data gives a more complete picture of the patient’s story. Aggregated patient-centric data guides product development and product distribution, from the discovery process through patient outcomes measurement and ultimately determining the effectiveness of the drug. Specialty Pharmacy data analytics that aggregate Specialty Pharmacy data with data from other sources can measure both the...
Read More
High quality healthcare data is a strategic asset. Having appropriate healthcare data quality processes in place directly correlates with an organization’s ability to make the right decisions. Rapidly growing volumes of differently structured healthcare data from multiple (internal and external) sources and stricter compliance requirements make it more important than ever to ensure that data quality standards are met. MSA's Quality Process, a key differentiator, identifies and eliminates...
Read More