Which RWD source maintains records showing services rendered and billed by payers?
Answer
Medical Claims Data
Medical Claims Data serves as a crucial source of Real-World Data (RWD) because these records are typically maintained by payers, such as insurance companies. They provide a broad, high-level overview of healthcare utilization by documenting the specific services that were rendered to patients and subsequently billed for processing. This contrasts with Electronic Health Records (EHRs), which focus more on clinical details like diagnoses and lab results, or Patient-Reported Outcomes (PROs) and wearables, which capture direct patient experience or physiological measurements outside of the formal billing structure.
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