The claims conundrum

Integrating openness and precision for competitive advantage

With an abundance of healthcare data available, life sciences organisations have an unprecedented opportunity to make more informed decisions at critical business milestones. The challenge, however, lies in determining which claims data foundation—open claims, closed claims, or an integrated claims approach—delivers the optimal balance of breadth, accuracy, and relevance for your organisation’s unique needs.

In this whitepaper, Symphony Health, an ICON plc company, explores how industry leaders can maximise the value of claims data in healthcare by choosing the most suitable claims data foundation from which to build. This essential resource will help you:

  • Understand the strengths and limitations of open claims, closed claims, and integrated open + closed claims dataset foundations.
  • Identify the best data strategy for different departments and use cases, from payer and provider claims analysis to claims data for commercialisation strategy, avoiding common pitfalls and maximising decision-making impact.
  • Gain a competitive edge by leveraging the right combination of patient claims data, pharma claims data, and health claims data for deeper insights and better business outcomes.

Whether you're focused on health economics and outcomes research (HEOR), pharmaceutical data analytics, or improving data visibility in pharma, selecting the right claims data healthcare foundation is not just a technical choice—it is a strategic advantage.

Download the whitepaper to explore which foundational dataset might be the right choice for you, and how Symphony Health, an ICON plc company, can help advance data strategies and goals with comprehensive claims datasets, holistic claims analytics, and support for real-world data (RWD) in pharma and life sciences data solutions.

Whitepaper

The claims conundrum: Integrating openness and precision for competitive advantage