CASE STUDY

Effectiveness and cost-efficiency of a new treatment using real-world data (RWD) from electronic health records and claims databases.

Context

One of our clients wanted to assess the impact of a new diabetes medication on hospitalization rates and overall healthcare costs compared to standard treatment.

Resolution

Our team cleaned and merged large claims datasets, mapped variables to standardized formats for HEOR analysis, applied propensity score matching to balance treatment and control groups and finally used inverse probability weighting and doubly robust estimation to adjust for confounding.

Result

The new treatment reduced hospitalization rates as compared to standard care, the total healthcare costs were lower over a 12-month follow-up period, and the findings supported favourable reimbursement decisions and formulary inclusion.

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    Recent Case-studies

    Effectiveness and cost-efficiency of a new treatment using real-world data (RWD) from electronic health records and claims databases.

    Context

    One of our clients wanted to assess the impact of a new diabetes medication on hospitalization rates and overall healthcare costs compared to standard treatment.

    Resolution

    Our team cleaned and merged large claims datasets, mapped variables to standardized formats for HEOR analysis, applied propensity score matching to balance treatment and control groups and finally used inverse probability weighting and doubly robust estimation to adjust for confounding.

    Result

    The new treatment reduced hospitalization rates as compared to standard care, the total healthcare costs were lower over a 12-month follow-up period, and the findings supported favourable reimbursement decisions and formulary inclusion.

    About Us

    Headquartered in New Jersey, Rang Technologies has dedicated over a decade delivering innovative solutions and best talent to help businesses get the most out of the latest technologies in their digital transformation journey. Rang Technologies has grown to become a global leader in Analytics, Data Science, Artificial Intelligence, Machine Learning, Salesforce CRM, Cloud, DevOps, Internet of Things (IoT), Cybersecurity, IT Consulting and Staffing, and Corporate Training. Our clients, which include Fortune 500 to Start-up companies, come from a wide array of industries, including pharmaceuticals, healthcare, retail, technology, BFSI, media, automobile, manufacturing, and several others. Our clients know they can rely on Rang Technologies to deliver customized and comprehensive digital solutions and talent to complement their business and technical objectives.

    sales@rangtech.com | info@rangtech.com | (732) 947 4119
    Headquarters: 15 Corporate Place South, Suite #356, Piscataway, NJ 08854

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