A small biotech organization with a robust pipeline of products expressed an interest in adding efficiencies and value to the IME programs they supported. With limited funding for supporting an internal head count, it contracted with Omni-HC for our on-demand IME services.
In the initial year of support, the Omni-HC team of managers and writers accomplished the following:
While these accomplishments added efficiencies to the organization’s IME program, the creation of RFPs designed to attract targeted, productive grants based on needs assessments added the greatest value to the program. Once the RFP approach was implemented, the GRC meetings were no longer consumed with reviewing funding submissions for support of programs outside of targeted audiences, desired timelines, or budget constraints. RFPs can offer a growing IME support a chance to dip their toe into the work of IME and how this type of education can have great impact and ROI when used properly.
The long-term benefit of adopting this RFP strategy will helped to ensure the accomplishment of IME product objectives, support cost-effective educational programs, and positively impact outcomes measurement.
In the initial year of support, the Omni-HC team of managers and writers accomplished the following:
- Organized and managed monthly grant review committee (GRC) meetings
- Developed and implemented IME plans for all pipeline products
- Managed service providers for approved grants
- Ensured that service providers complied with program outcomes measurements
- Identified and implemented an electronic grant portal
- Tracked budget spend and payments
- Organized outcomes reporting
While these accomplishments added efficiencies to the organization’s IME program, the creation of RFPs designed to attract targeted, productive grants based on needs assessments added the greatest value to the program. Once the RFP approach was implemented, the GRC meetings were no longer consumed with reviewing funding submissions for support of programs outside of targeted audiences, desired timelines, or budget constraints. RFPs can offer a growing IME support a chance to dip their toe into the work of IME and how this type of education can have great impact and ROI when used properly.
The long-term benefit of adopting this RFP strategy will helped to ensure the accomplishment of IME product objectives, support cost-effective educational programs, and positively impact outcomes measurement.