Our Services

Health Economics and Outcomes Research (HEOR)

SHENUX researchers and consultants have extensive knowledge and experience in the field of health economics and outcomes research (HEOR). These services include a wide variety of offerings across the product development continuum. In the early stages of development, we provide insights and analysis on potential market size and the design of rigorous economic evaluations, such as cost-effectiveness analysis and clinical studies. In later stages of development, we can offer more in-depth analyses to support expanded market access. We have extensive experience in advising health care leaders and managers in the following HEOR areas:

  • Evidence Planning & Study Design
  • Conceptual Models
  • Literature Synthesis & Meta-Analysis
  • Data Sourcing, Analysis & Interpretation
  • Economic Modeling, Cost Effectiveness Analysis & Budget Impact Analysis
  • Patient-Reported Outcomes & Utilities
  • Market Access & Reimbursement
  • Payer Research and Engagement
  • Peer-Reviewed Publications & Communications
  • Clinical research monitoring and study coordination

SAMPLE PROJECTS

Predictive modeling of total cost

Developed a statistical model using historical member data, had the model cross validated and tested, then use the built model to predict all current members’ total cost in the upcoming 12 months. So can target the group of members who are more likely to incur high cost in the future, and assign them to applicable management program.

Disease management program evaluation

Used propensity score to select 1:1 matched case-control pairs, then applied difference in differences approach to evaluate the impact of several disease management programs along time on selected utilization outcomes, such as hospital cost, pharmacy cost, re-admission rate.

Physician efficiency assessment index based on episode treatment group

Monitored physicians’ cost efficiency in providing high quality of services to their patients, and ranked physicians according to their standardized cost. As sometimes delivering high quality services can lead to higher cost in the short run, physicians’ costs needed to be adjusted for their quality scores prior to ranking.

 

Business Analytics & Management Consulting

SHENUX researchers and consultants have extensive knowledge and experience applying health economics analysis to a wide variety of health care business management and strategy problems to help health care businesses improve efficiency, improve market share, and expand market boundaries. Our services in our Business Analytics practice area include:

  • Management Consulting
  • Data Analytics & Statistics
  • Predictive Analytics & Forecasting
  • Market Research
  • Market Development & Expansion
  • Investor Research & Analysis
  • Benchmarking Reimbursement & Performance Metrics
  • Technology Assessment & Economic Evaluation

SAMPLE PROJECTS

Nationwide market reporting

Weekly/monthly trend of sales rep calls, products market share at each sales territory, promotion event expenses. Reports generated by Business Objects, backend databases maintained via SQL.

Business practice management reporting

Monthly/quarterly reporting to monitor current on-going pre-authorization process, including volume, process rate, return on investment analysis on business savings over overhead cost and more. Reports generated via Excel pivot table and chart.