Medpanel is a leading provider of healthcare market research and insights, serving the pharmaceutical, biotech, and medical device companies around the world. With a team of experienced professionals and a proprietary panel of healthcare professionals, Medpanel helps clients gain a deep understanding of the medical landscape, including trends in treatment, prescribing behaviours, and patient attitudes and preferences.
Founding Minds partnered with Medpanel in a wide range of research services, including online surveys, focus groups, and in-depth interviews with healthcare professionals and patients. Founding Minds also offers consulting services to help Medpanel to interpret and act on the insights gathered through their research.
Some specific services that FMS offers include:
- Survey creation platforms: Medpanel uses a variety of survey creation platforms to conduct its research studies, depending on the specific needs of each project. Some of the platforms that Medpanel may use include
- Qualtrics: This is a powerful survey platform that allows the Founding Minds team to create and distribute surveys to healthcare professionals and patients through a variety of channels, including email, social media, and web-based surveys. Qualtrics also provides a range of advanced features, such as the ability to conduct real-time analysis and create custom reports.
- Alchemer: Founding Minds developers use Alchemer for designing surveys. Alchamer allows developers to create skip logic and routing, so that survey respondents only see questions that are relevant to them. FMS uses Alchaemer for managing and tracking responses, including real-time dashboards and data export capabilities.
- Sawtooth: FMS uses Sawtooth software to create conjoint analysis surveys as part of its market research services. Founding Minds developers use Sawtooth’s advanced statistical tools for analyzing conjoint data, including choice-based conjoint (CBC) and full-profile conjoint (FPC). These tools allow Medpanel to estimate part-worth utilities and derive market simulations to understand how different product configurations would be received by the market.
Regardless of the platform used, the Founding Minds team of experienced professionals is skilled in designing surveys that are both effective and compliant with relevant regulations and guidelines. This includes ensuring that all surveys are properly informed and that responses are collected in a secure and confidential manner. The survey creation platform also provides a range of advanced features, such as the ability to conduct real-time analysis and create custom reports.
- Recruitment & Panel Management: Founding Minds has partnered with Medpanel to create a proprietary panel of healthcare professionals and patients that it uses to conduct research and gather insights.
- Recruitment: Founding Minds helps Medpanel recruit panel members using a variety of methods, including online advertising, social media, and direct outreach. Founding Minds is skilled at identifying and recruiting panel members who are representative of the target population and have relevant expertise or experience.
- Engagement: Founding Minds has a range of tools and techniques for engaging and retaining panel members, including regular communication, incentives, and personalized support. This helps to ensure that panel members remain active and interested in participating in research projects.
- Data management: Founding Minds helps Medpanel to develop a robust system in place for managing and storing panel member data, including ensuring that all data is collected and stored in a secure and compliant manner.
Medpanel’s partnership with Founding Minds helps to develop robust panel management capabilities designed to help Medpanel to build and maintain a high-quality panel of healthcare professionals and patients that can be used to conduct research and gather insights. This allows Medpanel to provide clients with accurate and reliable data that can be used to inform business decisions.
- Data analytics: FMS has a strong team that focuses on data analytics, and we use a range of tools and techniques to analyze and interpret the data collected through its research studies. Some specific capabilities and services that FMS offer in this area include:
- Data cleaning and preparation: FMS’s team of analysts is skilled in preparing data for analysis, including cleaning and organizing raw data to ensure that it is accurate and complete.
- Descriptive analysis: FMS team provides basic summary statistics and visualizations of the data, including frequency distributions, cross-tabulations, and charts and graphs.
- Inferential analysis: FMS also conducts more advanced statistical analyses to help Medpanel to draw conclusions and make predictions based on the data. This may include techniques such as regression analysis, chi-square tests, and t-tests.
- Customized reporting: FMS helps to create custom reports and dashboards to help Medpanel clients understand and act on the insights generated through the analysis. These reports can be tailored to the specific needs and goals of each client and may include a range of data visualization and analysis tools.
Founding Minds’ data analytics capabilities are designed to help Medpanel make sense of the data they collect and use it to inform business decisions. Whether it’s understanding market trends, identifying key drivers of prescribing behaviour, or predicting patient outcomes, FMS’s team of experts provide the insights and analysis needed to drive success.
Overall, the Founding Minds partnership helps Medpanel’s clients to navigate the complex and constantly evolving healthcare landscape and make informed decisions that drive business success.
