CHEORS can also develop customizable, user-friendly tools for pharmaceutical and device companies to facilitate in-person engagements with decision-makers by allowing inputs and results to be relevant to the customer’s specific situation. These tools are increasing in demand by payers as they use these tools to help track their budgets and aid in their formulary decision making efforts.
For example, Cost Calculators are used to evaluate the cost associated with a treatment and to compare costs across different treatment programs. Other tools may also be used to evaluate short-term return-on-investment decisions, informing payers as to resources required in the immediate future as well as which programs to prioritize based on greater revenue potential.
