ETL-Driven Data Integration for Enhanced Pharmaceutical Manufacturer Rebate Processing
DOI:
https://doi.org/10.15662/9cfsb587Keywords:
Pharmaceutical rebates, eRebate, ETL data pipelines, Informatica PowerCenter, SnapLogicAbstract
Pharmaceutical rebates are monetary incentives that are paid to payers (even health plan and pharmacy benefit managers) by a drug manufacturer in an effort to reduce drug cost and enhance availability in the marketplace. Rebates can be based on performance, volume, or other elements related to the drug manufacturers' pharmaceutical data about prescribers and practices, and span the range of levels of prescribing, formulary placement, and total healthcare spending. The eRebate platform allows pharmaceutical manufacturers and their wholesale distributors to do an automated management of rebates by providing visibility to rebate contracts, by checking and monitoring the information accurately, and payment is processed. Overall, business operations are more efficient and there is enhanced transparency. This is all accomplished through rigorous ETL data pipelines that gather, transform, and centralize drug manufacturer and payer data using software tools such as Informatica PowerCenter and SnapLogic. The eRebate methodology involves making iterative changes to be able to practice agile governance and data quality. As automated workflows and enhanced troubleshooting processes are established, manufacturers and their trading partners will have the means to successfully manage burdening processing of rebate data in order to issue refunds and conduct analysis that are useful for data-driven decisions to effectively administer rebates.
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