Now a Key Component of HEOR, Real-World Evidence Relies on Effective Data Utilization to Provide Real-World Insights
Real-world evidence has evolved into a central component of Healthcare Economic and Outcomes Research (HEOR), driven by intersecting trends in healthcare. Once a supplementary resource, real-world evidence is now vital for assessing the real-world effectiveness, economic impact and therapeutic value of treatments.
Regulatory bodies like the FDA increasingly use real-world evidence for label expansions, safety monitoring and post-market surveillance of marketed therapies. At the same time, payers demand more real-world validation of therapeutic benefits. This shift requires manufacturers to demonstrate effectiveness and economic value beyond clinical trials.
AI Enhances Utility of Real-World Evidence
Technological advances, particularly in artificial intelligence and machine learning, are enhancing the utility of real-world evidence by enabling faster insights, personalized care and adaptive modeling. As clinical trials face challenges due to more targeted drug development, real-world evidence fills critical gaps with real-world comparators and endpoints.
Overcoming Data Fragmentation in Pursuit of Real-World Evidence
To realize meaningful real-world evidence, HEOR teams must carefully select and manage diverse real-world data while overcoming the challenges of data fragmentation. Success depends on evaluating data vendors for quality, interoperability and analytical readiness—focusing on connected, usable data that enables timely, evidence-based decision-making.
This ebook will help you understand the 6 proven best practices for making real-world evidence work, including:
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Ensuring privacy and regulatory compliance
- Understanding token precision and match quality
- Assessing the breadth and depth of data sources
- Verifying interoperability and standardization of data formats
- Confirming analytical readiness
- Ensuring effective data governance and stewardship
Ready to leverage data for real-world insights?
Get started by downloading the ebook, 6 Best Practices for Unlocking the Full Value of RWE in HEOR, including a convenient Data Partner Conversation Guide!