US 7,597,247 B2
System and method for comparing drug product information
Robert P Helmin, Blue Island, Ill. (US); and William R Magruder, Western Springs, Ill. (US)
Assigned to Global Healthcare Exchange, LLC, Louisville, Colo. (US)
Filed on Sep. 29, 2006, as Appl. No. 11/537,427.
Prior Publication US 2008/0078828 A1, Apr. 03, 2008
Int. Cl. G06F 17/00 (2006.01)
U.S. Cl. 235—375  [705/2] 14 Claims
OG exemplary drawing
 
1. A system comprising:
a first data feed;
a second data feed;
a processing engine configured to:
receive the first data feed and the second data feed;
parse the first data feed into first data and the second data feed into second data;
assemble a first unique key based upon the first data, wherein the first unique key comprises at least one of a package quantity identifier, a therapeutic class identifier, a clinical formulation identifier, an additional detail identifier, a package size equivalent identifier, or a unit dose identifier;
assemble a second unique key based upon the second data, wherein the second unique key comprises at least one of a package quantity identifier, a therapeutic class identifier, a clinical formulation identifier, an additional detail identifier, a package size equivalent identifier, or a unit dose identifier;
determine a relationship between the first data and the second data by comparing the first unique key and the second unique key;
analyze the relationship to create output data, wherein the output data comprises at least one of: a cost effectiveness of purchasing a drug product from different suppliers, a determination of a lowest cost per unit of the drug product, a manufacturer market share for the drug product, or a strategy for submitting a contract bid for the drug product;
a database configured to store the first unique key, the second unique key and the output data; and,
a reporting engine configured to generate reports based at least partially on the output data.