Comprehensive Drug Pricing Information
Tracking drug price changes and new product introductions require timely, comprehensive information from multiple sources. Nevertheless, many companies still perform pricing analysis manually. Even existing electronic solutions typically don't have automated access to all the pricing information they need.
First DataBank offers the simplest way to automate the complex and time-consuming process of manual pricing analysis. Our
drug databases incorporate user-friendly access to multiple therapeutic classification systems, as well as a drug vocabulary that's both wide and deep. This eases your ability to do competitive comparisons for products by therapeutic class at both general and specific levels.
Moreover, simple drug lookups by product name or multiple identification types (including National Drug Code number) allow you to examine current pricing and price history. You can print or export spreadsheet reports and set up custom fields to assign a price type to a drug that data providers don't typically capture.
You save time and money through:
- Ready access to comprehensive, up-to-date drug information
- The ability to analyze that information quickly and efficiently
- And the ability to export that information in easy-to-read report formats
Essential Building Blocks
PricePoint Rx delivers authoritative drug price information in seconds, using an intuitive design that allows you to look up current and historical pricing, and easily review competitors' products and prices.
AnalySource® Online, a Web-based, analytical software tool from First DataBank business partner DMD America, leverages the
National Drug Data File (NDDF) Plus in ways that allow healthcare industry analysts to make critical drug pricing-related decisions. Drug pricing analysis and formulary management can be extremely complicated and time consuming, but with AnalySource Online’s simplified user access and intuitive navigation, you now have a quick and easy way to perform these tasks.
Extremely powerful, yet simple to use, AnalySource Online allows you to compare drug prices with competing brands, forecast drug price changes based on trends, analyze how drug pricing affects prescribing volume or identify opportunities for developing generic products. By applying highly customizable filter and query capabilities, graphics functionality, exporting tools and email notifications, users can obtain data in formats that meet their business objectives.