Business Challenge
Value based contracts and Rebate Agreements have multiple layers of subjective rules that require careful mitigation, repeated reviews, and maintenance. This makes the eco-system slow in terms of adapting to changes in near real time, creating inefficiencies for PBMs and drug manufacturers.
Merkle Solution
- Powered by machine learning and generative AI, Intelligent workspace allows drug manufacturers and PBMs draw insights from multitude of documents and automate essential repetitive and time-consuming manual workflows.
- From auto organizing documents to extracting summaries and key sections, intelligent workspace is designed to speed up its user’s ability to make quick decisions.
- Key term extraction and talk-to-data features automate and enhance the process to create VBAs and perform Rebate calculations.
Technology
- Azure
- OpenAI API
- Fast API
- Docker + Postgre SQL
- Python + Tesseract OCR
