Comprehensive Drug Database Use

Flexible Pricing for Implementing Clinical Decision Support

Sunday, December 26, 2010 by Darik Warnke
As a startup EMR, Consumer Website, or even an e-prescribing application, you need a flexible pricing model for your drug data and clinical decision support. 

As a startup organization one of the components that you need for your EMR product is decision support and drug data.  At this point you probably have few, if any, current business to generate revenue.  For this reason, choosing a drug data provider that will adapt pricing for a drug list, duplicate therapy checking, drug interactions, dose range checking, etc to fit your business model is key.  How do you charge?  By number of providers? Or by number of prescriptions?  Maybe you charge a flat rate per use.  You may also want to consider how long of a contract you sign with your drug data provider and what your payments will look like long term if your revenue does not grow as planned.

As a start up consumer site, one component that you will need to provide your users is drug information and patient education.  Depending whether your business model is either aggressive or conservative for growth you do not want to extend yourself by locking in to a long-term agreement or getting locked into a pricing model that does not allow flexibility.

Lexicomp does provide flexible pricing models that allow our customers to grow.  Lexi-Data acts as more of a partner through the implementation of drug data into your system rather than an obstacle.  Lexicomp has worked with many startups and established EMR, consumer sites, etc and can put together pricing and drug data packages that will grow as you grow.

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