RxEconomics Logo - Health Economics and Outcomes Research Consultancy specializing in AI-driven analytics

Privacy Policy

Last Updated: March 27, 2025

Introduction

RxEconomics LLC ("we," "our," or "us") respects your privacy and is committed to protecting it through our compliance with this policy. This Privacy Policy describes how we collect, use, and share information when you use our website and services.

Information We Collect

We collect information that you provide directly to us, such as when you fill out a contact form, subscribe to our newsletter, or otherwise communicate with us. This information may include your name, email address, phone number, company name, and any other information you choose to provide.

As a health economics consulting firm, we do not collect Protected Health Information (PHI) through our website. Any PHI or sensitive healthcare data shared with us during the course of our professional services is handled in accordance with our professional service agreements and, where applicable, with the Health Insurance Portability and Accountability Act (HIPAA) and other relevant healthcare privacy laws.

Cookies and Automatic Data Collection

When you visit our website, we and our third-party service providers may automatically collect certain information using tracking technologies like cookies, web beacons, and similar technologies. This information may include:

  • IP address and device information
  • Browser type and settings
  • Referring website and exit pages
  • Date and time of access
  • Information about your interaction with our website

We use this information to analyze trends, administer the website, track users' movements around the website, and gather demographic information about our user base as a whole. You can control cookies through your browser settings and other tools.

Your browser may offer a "Do Not Track" option. Our site does not currently respond to Do Not Track signals, but we only use your data in accordance with this Privacy Policy.

How We Use Your Information

We use the information we collect to:

  • Provide, maintain, and improve our services
  • Respond to your inquiries and fulfill your requests
  • Send you technical notices, updates, and administrative messages
  • Provide you with information about our services that may interest you
  • Monitor and analyze trends, usage, and activities in connection with our services
  • Enhance the security and functionality of our website
  • Conduct research and analysis to better understand our clients' needs

Data Security

We implement appropriate technical and organizational measures to protect the information we collect and maintain. However, no method of transmission over the Internet or electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your personal information, we cannot guarantee its absolute security.

For client engagements involving sensitive healthcare or economic data, we employ additional security protocols as specified in our service agreements.

We use AI and advanced analytics in the course of delivering our consulting services. Any personal information processed with these tools is handled according to our data security standards, is not used to train external AI models, and is protected under the confidentiality and data protection protocols described in this policy.

Data Retention

We retain personal information for as long as necessary to fulfill the purposes for which it was collected, including for the purposes of satisfying any legal, accounting, or reporting requirements. To determine the appropriate retention period, we consider the amount, nature, and sensitivity of the data, the potential risk of harm from unauthorized use or disclosure, the purposes for which we process the data, and applicable legal requirements.

Sharing of Information

We may share your information as follows:

  • With vendors, consultants, and other service providers who need access to such information to carry out work on our behalf
  • In response to a request for information if we believe disclosure is in accordance with any applicable law, regulation, or legal process
  • If we believe your actions are inconsistent with our user agreements or policies, or to protect the rights, property, and safety of RxEconomics or others
  • In connection with, or during negotiations of, any merger, sale of company assets, financing, or acquisition of all or a portion of our business by another company
  • With your consent or at your direction

Your Rights and Choices

Depending on your location, you may have certain rights regarding your personal information. These may include:

  • The right to access personal information we hold about you
  • The right to request correction or deletion of your personal information
  • The right to restrict or object to processing of your personal information
  • The right to data portability
  • The right to withdraw consent

To exercise these rights, please contact us using the information provided below. Note that some of these rights may be limited based on applicable law and our professional obligations.

If you are a California resident, you may have additional rights under the California Consumer Privacy Act (CCPA) and California Privacy Rights Act (CPRA). Please contact us using the information below to exercise these rights or learn more.

Children's Privacy

Our website and services are not directed to individuals under the age of 13. We do not knowingly collect personal information from children. If you are a parent or guardian and believe that your child has provided us with personal information, please contact us so that we can delete such information.

International Transfers

Your information may be transferred to, and maintained on, computers located outside of your state, province, country, or other governmental jurisdiction where the data protection laws may differ from those in your jurisdiction. If you are located outside the United States and choose to provide information to us, please note that we transfer the information to the United States and process it there.

Changes to This Privacy Policy

We may update this Privacy Policy from time to time. If we make material changes, we will notify you by email or by posting a notice on our website prior to the change becoming effective. We encourage you to review this Privacy Policy periodically to stay informed about our information practices.

Contact Us

If you have any questions about this Privacy Policy, please contact us at:

RxEconomics LLC
11350 McCormick Road
EPII Suite 705
Hunt Valley, MD 21031
Email: mcr@rxeconomics.com
Phone: (410) 215-8380