IRA Selection Tool
and Analysis
The SSR Health IRA Selection Tool provides all the information an organization needs to understand the direct and indirect impacts of the IRA Drug Price Negotiation Program. Insights include drug-level probabilities of selection for at least the next 3 IPAYS, historical changes in those probabilities of selection, and quarterly updates to incorporate new policies, guidance, and drug-specific events and sales dynamics.
The tool is driven by a proprietary probabilistic prediction framework informed by a range of data sources, including, most importantly, the 100% Part D and Part B spending files directly from CMS. This gold standard drug-level spending history informs a bootstrapped model that is based on a census of Medicare lifecycles and can generate the most precise range of spending projections in the industry.
Critically, the Selection Tool presents drug-level odds of selection, rather than simple point-estimate sales projections or sales ranks. This allows users to identify brands whose selection odds are similar and whose adaptive responses directly impact a brand’s odds. And the multiple-IPAY forecast horizon gives companies ample time to react with longer-term potential solutions (e.g., HEOR).
Interactive tables and visualizations are hosted on our Tableau Online platform, which offers analyses by company, and/or therapeutic area, or enables clients to perform analyses customized to their specific requirements.