As the healthcare industry continues to face data challenges, PurpleLab® is making significant investments in its data and infrastructure to reinforce its position as a trusted leader in real-world data (RWD). We’ve recently secured several new data sources that will dramatically improve the comprehensiveness and composition of our data.
Building on our existing foundation of more than 14 billion annual open and closed medical and pharmacy claims, we are continuously enriching our data with new sources, including eligibility, remittance, social determinants of health (SDOH), and mortality data. These recent enhancements unlock significant advantages for our customers across all market segments and use cases.
Key Data Enhancements
- Pharmacy Data: PurpleLab has added 9.5 billion claims from thousands of pharmacy locations, with full NPI and payer visibility. This new multi-source data feed provides weekly updates, giving customers better visibility into specialty, retail, mail-order, and independent pharmacies. This expansion enhances our ability to track prescription trends, utilization, and adherence metrics for branded and generic drugs, as well as vaccines, and creates a robust coverage of the specialty pharmacy market.
- Remittance Data: We’ve added comprehensive, multi-source remittance data that provides deep insights into the financial lifecycle of a claim. This includes payment and allowed amounts, adjustments, patient responsibility, and denial reasons. A total of 17 billion records, dating back to 2014, have been added, with the vast majority linked to claim submissions. This expansion strengthens PurpleLab’s cost/price solutions and can be combined with our Standardized Pricing and price transparency data to support a wide range of cost and payer analyses. For maximum flexibility, this data is available either linked to claims or as a standalone dataset.
Our Data Foundation
- Total Coverage:
- 140B+ medical and pharmacy claims
- Average Annual Coverage*:
- 7B+ annual medical claims
- 7B+ annual pharmacy claims
- 330M+ US patient lives
- 3M+ healthcare practitioners
- 680K+ healthcare organizations
*2022-2024: 3 year average
A Better Approach to RWD
While competitors struggle with closed claims and high data latency, and marketplaces suffer from low margins and difficult use rights negotiations, PurpleLab’s integrated approach offers a more effective solution. By combining scale, operational leverage, and streamlined licensing, we overcome these common hurdles.
We are on track to surpass pre-Change Healthcare ransomware attack coverage levels. The company's core mission is to maximize population coverage, patient completeness, time to insights, and price-to-value ratios.
As the healthcare industry accelerates toward AI-powered efficiencies, PurpleLab’s strategy is to add significant breadth and depth to its core foundation, ensuring our real-world data is not only comprehensive but also ethically managed and rapidly accessible. This is positioning us as a leader in driving value for stakeholders across the ecosystem.
Why Choose PurpleLab?
Unlike legacy aggregators, we continue to grow and reinvest in our multi-source approach, making us one of the largest partners for comprehensive patient insights. While some marketplace vendors may seem cost-effective, they often hand off data from suppliers and take no accountability for its quality or accuracy. PurpleLab, on the other hand, ensures you have the most accurate view of healthcare encounters, delivering high-quality insights that improve our customers’ outcomes.
Our expanded data supply opens the door for new, innovative partnerships that form the backbone of our RWD’s breadth and depth. We partner with suppliers who meet our high standards for data quality and transparency and expand relevant payer and provider coverage across the US.
Our Commitment Pillar As Trusted RWD Partner
- Complete and Representative Coverage
- Data Accuracy and Reliability
- Speed to Insights
- Price to Value