Pharmaceutical Digital Solution

The Vendor is required to provide a secure, web-based browser accessible, comprehensive Pharmaceutical Digital Solution (PDS) that supports agency.
- The PDS will serve to provide actionable insights into drug life-cycle events, competitive market shifts, and reimbursement impacts.
- The browser must support Medicaid program administrators, and compliance officers in making informed, cost-effective decisions and ensure compliance with evolving federal and state healthcare regulations.
- The PDS will assist agency in improving clinical guidance, supporting regulatory audits, protecting sensitive data, and preparing for future healthcare innovations by providing but not limited to:
• Provide strategically forecasted drug exclusivity timelines, biosimilar launches, and pipeline developments
• Deliver marketing forecasts to guide formulary planning and rebate negotiations
• Monitor litigation and regulatory updates affecting drug availability and pricing
• Support budget impact modeling and financial planning for Medicaid programs
• Assist with operational efficiency through integrated dashboards and reporting tools
- Provide a comprehensive PDS, to include access to up-to-date source libraries, customized research briefs, drug network tracking, clinical criteria benchmarking, coverage and patient financial assistance programs.
- The goal is to ensure the information remains current to support accurate, defensible decisions with access to reliable evidence, to improve operational efficiency, and better serve members and stakeholders through informed, data-driven practices.
- Drug Life-Cycle Intelligence
• Forecasts of brand-to-generic transitions and biosimilar market entry
• Pipeline monitoring for upcoming therapies and competitive launches.
• Exclusivity tracking, including patent expirations and regulatory exclusivity periods.
- Market and Financial Analytics
• Budget impact models for formulary and reimbursement planning
• Rebate monitoring and forecasting tools.
• Competitive landscape analysis for brand vs. generic pricing.
- Litigation and Regulatory Monitoring
• Real-time updates on patent litigation, settlements, and trial outcomes.
• Regulatory intelligence on FDA approvals, denials, and market access changes.
- Integration and Accessibility
• Web-based dashboards with customizable reporting.
• Role-based access for procurement, compliance, and executive teams.
- Pharmaceutical Analysis Briefs
• Provide detailed analyses of new and current drugs.
• Financial considerations and comparisons to current therapeutics.
• Proposed management strategies, insights and medical literature.
• Real time analysis of considerations for current guidelines, and coding practices.
- Evidence-Based Knowledge Browser
• High-Quality Evidence Sources
• Evidence-Based Appraisal and Grading tools
• Comprehensive Drug Information
• Clinical Decision Support (CDS) Features
• Regulatory Compliance Understanding
• Health Economics and Outcomes Research (HEOR).