health strategists
FARO is a healthcare management advisory firm that helps your organization break through the noise, make sense out of existing data and come up with solutions that improve it’s bottom line while adding value to your customers.
PRACTICE
AREAS
Health Information Technology
We provide our partners with best in-class business intelligence technical assistance to:
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Organize existing medical and pharmacy claims and encounter datasets
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Complete data quality efforts
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Provide actionable interfaces to inform executive decision-making
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Make sense of clinical and operational gaps in care
Payment Reform & Healthcare Value Innovation
We put clinical evidence at the center of every program we deliver for our business partners. It is through these data elements aligned with local reimbursement and regulatory frameworks that we implement people-centered care models.
Pharmacy Benefits & Trend Management
We do deep dives into Rx claims datasets and determine which levers will help us improve Rx product mix and trend profiles. We bridge the gap between the medical and pharmacy benefits.
Our team of experts will support your organization on:
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PBM Audits
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PBM RFI/RFPs
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Formulary Design & Impact Analytics
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Pharmacoeconomic CEA & Rebates Optimization Medicare Part D Bids & Compliance
Strategy & Health Policy
We educate and build value stories in support of our healthcare clients.
We leverage our own internal clinical data-sets and apply our unique mix of financial and health economics modeling techniques to inform policy.
OUR VISION
We have a vision for what the future of healthcare should be
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We believe healthcare can be made simple and more efficient
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We believe healthcare can reward people for being healthy, while also encouraging innovation
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We create value communicating a strategy that challenges the status quo, by making sense out of complex ideas
OUR GOAL
Our goal is to drive Integrated Care through provider Payment Reform while improving Patient Outcomes
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Our end-game is to create aligned financial incentives and shared-value for our business partners
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We design and implement strategies to effectively manage complex disease states and high impact conditions
OUR TEAM
Our team of experts and collaborators work with you to maximize budgets while optimizing quality of care
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Clinical epidemiologists and health economists
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Certified accountants and financial experts
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Health IT and BI/analytics engineers
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Clinical thought-leaders and practicing physicians
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Legal and government affairs experts
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Health insurance and PBM experts
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Pharmaceutical marketing and access experts
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Certified project managers
CONTACT
FARO, LLC has offices in San Juan with expert collaborators in Chicago, Mexico City, Bogotá and São Paulo.
OUR ADDRESS
601 Fernández Juncos Ave. 1st floor, San Juan PR 00907
Email: info@farollc.com
For any general inquiries, please fill in the following contact form: