2 ms·
> Now prove to an insurer/PBM that this type of packaging saves more than it costs (e.g. improved compliance) and they will come knocking on your door. Emphasi
by tel 12y ago
> Now prove to an insurer/PBM that this type of packaging saves more than it costs (e.g. improved compliance) and they will come knocking on your door.
Emphasis mine.
I think this is often the key to healthcare startups. You need to generate hard evidence to really make a case. To begin you don't necessarily need to actually have the evidence, but you may need to conduct a clinical trial just to have room at the table to talk. People want to see, ultimately, ROI, and they're used to a standard of evidence where people have to sink considerable resources into objective proof before anything can move forward.
So there's a barrier here. How does a small company conduct clinical trials? It's not impossible, but it's very difficult, and your power is likely to be small.
- refurb 12y agoIt doesn't necessarily need to be an "official" clinical trail like those done for FDA approval. That would be overkill in terms of how rigorous it is (which also means it's expensive). Probably the best way to get the data would be a pilot with a pharmacy or PBM. Offer to cover the costs of the pilot (yes it won't be cheap) and I think you could find someone who would be game.