Improving Clinical Trials Efficiency With the Help of Real World Evidence Engagement | A Case Study by Quantzig
LONDON--(BUSINESS WIRE)--May 2, 2019--A global data analytics and advisory firm, Quantzig, that delivers actionable analytics solutions to resolve complex business problems has announced the completion of their latest real world evidence engagement for a healthcare service provider. During the course of this engagement, the real world evidence analytics experts at Quantzig helped a leading healthcare company to improve clinical trials efficiency.
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Improving clinical trials efficiency with the help of real world evidence engagement. (Graphic: Business Wire)
The Business Problem: The client, a renowned healthcare service provider, faced multiple challenges due to their inability to tackle the rising cost of data management. The healthcare service provider is well-known for offering innovative patient care and have several healthcare centers spread across Scotland and Northern Ireland. Also, with the growing complexity of clinical trials, the client was looking for solutions to maintain electronic health records and validate the patient data in real time.
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The Solution Offered: Given the complexity of the situation, the experts at Quantzig leveraged real world evidence analytics to understand two critical imperatives cost control and improvements in clinical trials. Also, the analytics experts developed a customized real world evidence platform and integrated it with the clinical database. This helped the client to adopt a business model that helped them experience a significant reduction in the cost and improvement in the efficiency of their clinical trials in not more than two weeks.
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Quantzig’s real world evidence solutions helped the client to:
- Gain insights into treatment pathways and pricing levels
- Examine the safety, efficacy and ethics of their clinical trials
Quantzig’s real world evidence solutions offered predictive insights on:
- Satisfying customer demands for cost-effective healthcare services
- Accelerating time to market by 10% by developing a constructive marketing strategy
- Wondering how to utilize real world data to gain critical insights on treatment plans and ways to improve patient care? Request a free demo now!
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit:https://www.quantzig.com/request-for-proposal
View source version on businesswire.com:https://www.businesswire.com/news/home/20190502005606/en/
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INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HEALTH CLINICAL TRIALS HOSPITALS
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PUB: 05/02/2019 11:33 AM/DISC: 05/02/2019 11:33 AM