Richard Nicholas
Founder @Tpa Network Research Consortium
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WORK HISTORY
Founder @Tpa Network Research Consortium
New medical technologies account for as much as 30% of the increase in healthcare costs over time.yet little research is conducted to help payors evaluate and assess these emerging health innovations and treatments. The Research Consortium seeks to accelerate the adoption of worthy new medical technologies and cut the time it takes to bring new health innovations from the bench to widespread clinical use.something that now takes 15+ years on average. We do this by conducting research of value to payors that focuses on cost-effectiveness, return-on-investment, value (vs. the standard of care), medical outcomes, patient/payor satisfaction.and other metrics that aren\'t addressed by scientific research intended to prove efficacy This type of research is of critical value to payors to provide empirical support for the adoption and inclusion of new and emerging innovations by their health plan; ones that have been properly vetted. As a byproduct of this work, we help Plan Participants access cutting-edge medical treatments and provide Medical Researchers with valuable medical data and clinical research study participants. Funding generated from these latter activities provide a source of long-term sustainability that will enable us to provide our research at no cost to Plan Sponsors or Plan Participants. See to learn more about how your organization can join this exciting industry-wide initiative that benefits Plan Participants, Plan Sponsors and Medical Researchers.
EDUCATION
Boston College
BA, Magna Cum Laude, Political Science and Philosophy
Duke University - The Fuqua School of Business
Master of Business Administration - MBA, Accounting and Finance
ABOUT RICHARD NICHOLAS
Having 45 years of experience in the healthcare industry, I am the founder of the TPA…
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