HOW WE DO IT
We have created the very best panel of payer and hospital P&T participants in the biopharmaceutical industry. No retirees, no consultants, no misrepresentations!
AUTHENTICITY / INTEGRITY / COMPLIANCE
We leverage technology to:
Validate panelist identities
Provide a secure, online workspace that mirrors typical drug evaluation methodologies
Ensure thorough and complete panelist inputs
Guarantee compliance with industry requirements
We eliminate biases common to traditional advisory boards and phone interviews by using a double-blinded and automated study approach.
Using technology not only eliminates bias, it improves time- and cost-efficiencies. From panelist invitation to report delivery, projects take anywhere from 1 week for basic studies, to 4-5 weeks for more complex studies.
Our pricing averages 50% of traditional payer advisory board costs with variation driven by study complexity and panel size.
Formulary Insights guarantees the most authentic and reliable payer insights available.
WHAT IT’S LIKE TO WORK WITH US
- Identify problem(s) to solve
- Identify target audience
- Develop study design
- Client approval
- Signed SOW
- Panel invitations are sent with project description and timeline
- Panelists accept and begin project
- Panelists can begin work immediately after project acceptance
- On-time completion is required
- Quantitative results tabulate
- QC of quantitative data
- Compilation of qualitative data measures
- QC of qualitative data
- Report and presentation prepared for client