We aggregate that data creating comprehensive audits and database tools which serve health plans, hospitals, electronic prescribing software vendors and pharmaceutical companies with strategic information.
MediMedia Information Technologies has provided information services to the pharmaceutical industry since 1994. Today, MediMedia provides:
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State Medicaid Monitor provides detailed information on State Medicare programs from our continuously updated database;
Formulary promotion products for use by pharmaceutical companies' field forces communicating drug formulary statuses to physicians;
Primary market research with P&T decision-makers in hospitals and plans.
Formulary Compass had its genesis in the publishing of regional formulary reference books. The database currently contains information on drug formularies collected from over 3,000 different organizations. For each of these organizations, we capture and store a variety of demographic and organization data.
Our close relationship with pharmacy directors allows us to maintain and verify all of the information in the database on a regular basis. In fact, over 90% of the organizations in the database have formulary data less than 30 days old. No other available service can make this claim.
Formulary Compass includes:
• Detailed product status
• Dosage/strength level data
• Policies that apply to members
• Prescribing restrictions and advisories
• Tiered formularies
• Non-formulary and unlisted drug coverage
• And much more.....
In addition, Formulary Compass data is available to clients via the Internet at formularycompass.com. This application employs an easy-to-use desktop "point and click" interface to create immediate reports.
FormTrak™ Cards - The cards are produced by metropolitan statistical area or state. Your reps deliver them to let their physicians know the status of your product/products for multiple plans within a given area. These serve as an excellent access program for your sales force and, in a clear, simple way, lets the provider know that they can prescribe your products without receiving calls at the time the prescription is filled.
Formulary Planner™ - The planner was developed so that your reps would know the formulary status of your drug versus your competitors' drugs within a geographic region. These can be designed to fit in your reps' notebooks or can be laminated.
Internet Formulary Reference™ (IFR) - The formulary data is available on web sites in states where Regional Formulary References are available. Rotating banner ads can be purchased for these sites. Please refer to: oh.formularies.com
Market Research - Accurate, fast surveys of hospital and managed care formulary decision makers
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You can survey the opinions of over 8,000 Pharmacy & Therapeutic (P&T) committee members and over 20,000 healthcare professionals. Opinions of P&T committee members are important because they vote on formulary status at MCOs and hospitals.
Respondents are registered on P&T Community and are verified P&T committee members.
This is an opportunity to quickly target and communicate with key drug decision-makers. Survey response is between 5 and 7 days.
What is P&T Community?
P&T Community serves the audience of Pharmacy & Therapeutic (P&T) committee members and other formulary decision makers
Members are from MCOs and hospitals
P&T Community delivers relevant content to its audience such as:
• Journal Roundup (full journal articles)
• Career Resources
• Washington Watch
• Continuing Medical Education
• Survey Participation
P&T Community members are interested in online market research participation (90% willing to participate)
Our members are key drug decision makers
Instant response with frequency distribution graphs
Benefits
• Large audience of formulary decision makers
• Targeted/highly flexible
• Motivated audience
• Fast turn-aroundState Medicaid Monitor - Medicaid, the nation's major public health program for low-income Americans, provides health care services for more than 50 million people. Formulary Compass™ State Medicaid Monitor is poised to track this important market segment, containing information on PDL (preferred drug lists) and drug formularies for State Medicaids. For each of these organizations, we capture and store a variety of demographic and organizational data, including:
• Detailed product formulary status
• Enrollment/demographic statistics
• Prior authorization procedures
• Over the Counter coverage
• Tracking of Open and Closed classes at the drug level
To maintain the most up-to-date information on PDL/formulary changes, MMIT maintains frequent contact with pharmacy directors. As a result, the database is updated continuously with the latest available information.
