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Therapy Economics Modeling, Analysis and Planning Software IHS has developed a customizable software system to enable health care companies to develop economic models of new drugs, therapies and devices in any stage of development. TE-MAP provides the flexibility to create and analyze economic models of any therapy while still maintaining a consistent analysis framework. Consistency in valuation and analysis methods is valuable when trying to compare projects and determine priorities. Use of a standard framework also encourages efficient cross-functional interaction of research, outcomes, pricing, marketing and product team personnel by allowing them to focus on the relationships between cost, price, effectiveness and outcomes in order to maximize overall product value.
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