Copharix analytics, informatics and information services are focused on four areas of expertise.
Pharmaceutical transactional data analysis software to characterize the components of drug prices and their demographic, geographic and temporal dynamics as well as Pharmaceutical market analytics tools that enable the assessment of distribution chain performance at the micro level including innovative metrics for assessing the relative competitiveness of micro-targeted markets.
Hierarchical Condition Category (HCC) simulation models and decision theoretic optimization algorithms that yield estimates of the risk adjusted cash flows that an insurer could expect as a result of implementing alternative risk management strategies.
Algorithmic methodologies for conducting Phase IV Observational Epidemiologic Studies utilizing big data sets containing broad based healthcare data aggregated from ePrescribing, de-identified diagnostic and therapy healthcare records and other health information sources.
Price indexes, for healthcare products and services, that are mathematically derived from pharmacoeconomics foundations thereby providing significant improvements over current methodologies such as the Average Wholesale Price (AWP), National Average Drug Acquisition Cost (NADAC) and Predictive Acquisition Cost (PAC) for calibrating drug prices used as the basis for drug reimbursements under Medicare Part D and other Pharmacy Benefit Management (PBM) Program.