SYSTEM AND METHOD FOR COMPARING DRUG PRODUCT INFORMATION
First Claim
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1. A system comprising:
- a network interface communicating with a non-transitory memory;
the memory communicating with a processor;
the processor, when executing a computer program, is configured to;
receive a first data feed and a second data feed;
parse the first data feed into first data comprising at least one of a package quantity identifier, a therapeutic class identifier, a clinical formulation identifier, an additional detail identifier, a package size equivalent identifier, and a unit dose identifierparse the second data feed into second data comprising at least one of the package quantity identifier, the therapeutic class identifier, the clinical formulation identifier, the additional detail identifier, the package size equivalent identifier, and the unit dose identifier;
analyze the first data and the second data to determine a relationship between the first data and the second data, wherein the relationship is associated with at least one of a cost effectiveness of purchasing a drug product from different suppliers, a determination of a lowest cost per unit of the drug product, a manufacturer market share for the drug product, and a strategy for submitting a contract bid for the drug product; and
generate a report based at least partially on the relationship.
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Abstract
A system and method for analyzing vast amounts of drug product information at granular levels is provided. This analysis enables determining a relationship which is associated with at least one of a cost effectiveness of purchasing a drug product from different suppliers, a determination of a lowest cost per unit of the drug product, a manufacturer market share for the drug product, and a strategy for submitting a contract bid for the drug product.
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Citations
15 Claims
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1. A system comprising:
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a network interface communicating with a non-transitory memory; the memory communicating with a processor; the processor, when executing a computer program, is configured to; receive a first data feed and a second data feed; parse the first data feed into first data comprising at least one of a package quantity identifier, a therapeutic class identifier, a clinical formulation identifier, an additional detail identifier, a package size equivalent identifier, and a unit dose identifier parse the second data feed into second data comprising at least one of the package quantity identifier, the therapeutic class identifier, the clinical formulation identifier, the additional detail identifier, the package size equivalent identifier, and the unit dose identifier; analyze the first data and the second data to determine a relationship between the first data and the second data, wherein the relationship is associated with at least one of a cost effectiveness of purchasing a drug product from different suppliers, a determination of a lowest cost per unit of the drug product, a manufacturer market share for the drug product, and a strategy for submitting a contract bid for the drug product; and generate a report based at least partially on the relationship. - View Dependent Claims (2, 3, 4, 5)
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6. A computer-based method for determining relationships comprising:
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parsing, by a computer for determining relationships, a first data feed into first data comprising at least one of a package quantity identifier, a therapeutic class identifier, a clinical formulation identifier, an additional detail identifier, a package size equivalent identifier, and a unit dose identifier; parsing, by the computer, a second data feed into second data comprising at least one of a package quantity identifier, a therapeutic class identifier, a clinical formulation identifier, an additional detail identifier, a package size equivalent identifier, and a unit dose identifier; analyzing, by the computer, the first data and the second data to determine a relationship between the first data and the second data, wherein the relationship is associated with at least one of a cost effectiveness of purchasing a drug product from different suppliers, a determination of a lowest cost per unit of the drug product, a manufacturer market share for the drug product, and a strategy for submitting a contract bid for the drug product; and generating, by the computer, output data based at least partially on the relationship. - View Dependent Claims (7, 8, 9, 10, 11, 12, 13, 14)
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15. A non-transitory, computer-readable medium having computer-executable instructions stored thereon that, if executed by a computer for determining relationships, cause the computer to perform operations comprising:
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parsing, by the computer, a first data feed into first data comprising at least one of a package quantity identifier, a therapeutic class identifier, a clinical formulation identifier, an additional detail identifier, a package size equivalent identifier, and a unit dose identifier; parsing, by the computer, a second data feed into second data comprising at least one of a package quantity identifier, a therapeutic class identifier, a clinical formulation identifier, an additional detail identifier, a package size equivalent identifier, and a unit dose identifier; analyzing, by the computer, the first data and the second data to determine a relationship between the first data and the second data, wherein the relationship is associated with at least one of a cost effectiveness of purchasing a drug product from different suppliers, a determination of a lowest cost per unit of the drug product, a manufacturer market share for the drug product, and a strategy for submitting a contract bid for the drug product; and generating, by the computer, output data based at least partially on the relationship.
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Specification