Information Mediary Corp

Background To The ROI Widget

IMC’s ROI (Return on Investment) widget is designed to give users or potential users of electronic compliance monitoring (ECM) a feel for the return on investment. Although ECM comes at a cost, the return on investment typically dwarfs the initial outlay. Many factors, some of which are likely to be unknown, underlie any ROI calculation, and the ROI widget makes a number of assumptions. Thus, the results should be viewed as estimates, but the ROI calculation is based on conservative assumptions and should, in most cases, underestimate the true ROI. The ECM quantifies patient non-compliance, a source of noise, and reduces its contribution to the denominator of the S/N ratio. This allows the signal to stand out better. This is what generates the ROI.

The rationale underlying the ROI-Calculator can be found here.

 

See Us At

The 2017 Global Clinical Supplies Group Conference
Albuquerque, New Mexico
Apr 23 - Apr 26 2017
The Global Clinical Supplies Group (GCSG) is a forum for clinical supply professionals to share knowledge, best practices and engage in open discussion.
Data Integrity for Clinical Research Summit
Morristown, NJ
May 22 - May 23 2017
The Data Integrity for Clinical Research Summit will showcase the most important trends and future direction of clinical data integrity. This program will feature case studies and panel sessions, and will uncover data integrity successes and challenges.
CPES2017
Toronto, Canada
May 24 - May 26 2017
CPES is Canada’s premier conference and trade show exhibition for printable, flexible and wearable electronics (PE). CPES2017 is the place for PE industrial companies and end-users to meet and discuss how they can work together to commercialize new products and applications. Academic researchers can discover how they can link their research to market needs and opportunities.
Interphex Japan 2017
Tokyo Big Sight
Jun 28 - Jun 30 2017
With more than 1,000 exhibitors, INTERPHEX JAPAN is the world's leading and firmly established B-to-B trade show specialized in Pharmaceutical R&D and Manufacturing.
Trial Protocol Optimization and Design Congress
Philadelphia, PA
Jul 17 - Jul 18 2017
ExL’s 2017 Trial Protocol Optimization and Design Congress will explore the complex relationship protocol design has with clinical trial success.