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Pharmaceuticals and Life Sciences - Overview

 

Health Economics | Outcomes Research | Disease Modelling | Secondary Use


As the healthcare industry moves towards replacing fee-for-service arrangements with bundled and outcomes-based payments, pharma and device manufacturers are focusing on defining and detailing evidence of outcomes and value of their products. From an economic perspective, health insurance organizations and risk carrying entities such as ACOs and MCOs are focusing on increasing efficiencies and minimizing waste.

Life Science & Pharmaceutical companies are facing significant challenges in high drug development costs and timelines. Next generation of innovation and cost efficiencies in the life science and pharmaceutical industry are likely to be driven by closer access and analysis of clinical information residing in diverse set of clinical applications and devices distributed across an equally diverse group of hospitals, ambulatory practices and consumers. Industry trends (e.g., personalized medicine) and new regulations (e.g., REMS) are further driving these requirements.

We are currently witnessing an exponential growth in the quality and quantity of clinical data collected across the nation; primarily driven by regulatory initiatives such as Meaningful Use, HIEs and payment reforms. Pharma and Life science organizations need to leverage the aggregated clinical data from across multiple care settings aiding in driving multiple business cases –


  • Health economics and outcomes research
  • Disease modeling & patient profiles
  • Clinical research
  • Data-driven clinical trial recruitment & retention
  • Distributed data queries & population health

 


CitiusTech has significant expertise in helping organizations extract real-time clinical data, to provide clinical alerts, clinical decision support, and population health analytics across the healthcare ecosystem. CitiusTech offers end-to-end analytics and technology support to help pharma / life sciences companies leverage clinical data for research. CitiusTech’s BI-Clinical platform offers 40+ apps and 600+ pre-built KPIs for integrated clinical and claims based analytics and providing custom solutions for new data needs. CitiusTech's wide range of solutions & services for Life Science & Pharmaceutical companies include:

Healthcare Interoperability


  • Integrating EHRs, labs, medical devices, and imaging data to support clinical research
  • Architecting and developing interoperability platforms for clinical trials, levering our expertise in healthcare standards - IHE, CDISC, HL7 V2, HL7 V3 RIM, ICD-9/10, NDC, NCPDP

  • Tracking of inpatient and ambulatory clinical quality measures for outcome based analysis
  • Developing tools for analysing and benchmarking patient cohorts
  • Conducting statistical analysis for comparative effectiveness study & research

  • Designing and developing technology platform for FDA’s Risk Evaluation & Mitigation Strategies (REMS) program
  • Developing of core and advanced solutions like patient portals for ePRO, patient engagement, assessment surveys & adverse event reporting
  • Creating rules based Patient recruitment solution for Clinical Trials

Pharmaceutical Product Development, Inc. (PPD) received the 2011 Scrip Awards for deploying the best technological development in clinical trials and Risk Evaluation and Mitigation Strategies (REMS), an initiative supported by CitiusTech.


To know more, please contact us by email at info@citiustech.com or call us at +1 (877) CITIUS 1.

 
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