Step 1: Feel Confident That MLR Review Delivers on the 80/20 Rule
The 80/20 rule (also known as the Pareto Principle) states that roughly 20% of efforts drive 80% of the results. In the context of AI, this means that a small subset of use cases will drive measurable business value for an organization.
MLR efficiency is an excellent use case for AI as it can deliver genuine business impact. This MLR efficiency use case:
Aligns directly with revenue growth (speed to market) and cost reduction (fewer review cycles)
Represents a big pain point and a continued inefficiency in business today
Offers many ways to measure success at key points along the workflow
Life sciences’ communication materials undergo a rigorous, labor-intensive compliance review process that takes weeks or even months for final material approval. The longer it takes for a piece to get approved by the internal Medical-Legal-Regulatory review team, the more client-side resources are expended, the more agency hours are charged -- all leading to inflated expenses and negatively impacting the bottom line.
It’s easy to measure the impact of AI software that eliminates preventable errors and focuses MLR reviewers on what’s new and different in a working document. Learn more about SecureCHEK AI by scheduling a short call.
About SecureCHEK AI
SecureCHEK AI is a Software-as-a-Service (SaaS) system that seamlessly integrates with enterprise platforms to enhance MLR efficiency. Purpose-built for pharmaceutical and medical device companies, the software helps MLR reviewers efficiently assess and mitigate compliance risks and reduce comments and re-reviews.
As the first Analytical AI software solution for pre-MLR use in life sciences, SecureCHEK AI leads the way in integrating Analytical AI with GenAI to reduce rounds of review and review time per document. Rapid deployment and the user-friendly interface minimize the learning curve, making it easy to get started.
Contact us for a demo to learn how SecureCHEK AI builds libraries and executes prechecking.