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Time & Cost Analysis

Quantified savings across different review types and organizational contexts

Time & Cost Analysis

Evidence synthesis has traditionally been expensive and time-consuming. This analysis quantifies the efficiency gains possible with EvidAI across different contexts and review types.


Systematic Literature Review (Full)

Time Comparison

PhaseTraditional DurationEvidAI DurationTime Saved
Protocol Development2-4 weeks2-3 days85%
Search Strategy1-2 weeks1 day90%
Database Searching1-2 weeks2-4 hours95%
Deduplication4-8 hours2 minutes99%
Title/Abstract Screening4-8 weeks3-5 days90%
Full-Text Retrieval1-2 weeks2-3 days80%
Full-Text Screening2-3 weeks2-3 days85%
Data Extraction4-8 weeks1-2 weeks75%
Quality Assessment2-3 weeks3-5 days80%
Meta-Analysis2-4 weeks1-3 days90%
Report Writing4-8 weeks3-5 days90%
TOTAL6-12 months6-8 weeks78%

Cost Comparison

Cost CategoryTraditionalEvidAISavings
Personnel time (200-500 hrs × $100/hr)$20,000-50,000$5,000-10,00075-80%
Tool subscriptions (multiple)$3,000-6,000Included100%
Statistical consulting$3,000-8,000Not needed100%
External contractors$10,000-50,000Minimal80-95%
TOTAL$36,000-114,000$5,000-15,00075-90%

Rapid Review

Time Comparison

PhaseTraditionalEvidAISaved
Protocol1 week1 day85%
Search1 week4 hours95%
Screening (2,000 papers)2-3 weeks2-3 days85%
Extraction (20 studies)2 weeks3-4 days75%
Synthesis1-2 weeks1-2 days85%
Report1-2 weeks1-2 days85%
TOTAL8-12 weeks1-2 weeks85%

When Rapid Reviews Are Needed

ScenarioTraditional TimelineEvidAI Timeline
Regulatory query responseOften too slowAchievable
Safety signal investigation3-6 months1-2 weeks
Board meeting preparationLimited scopeFull rapid review
Competitive intelligenceOutdated by completionCurrent

Scoping Review

Time Comparison

PhaseTraditionalEvidAISaved
Protocol2 weeks2-3 days80%
Search (broad)2 weeks1-2 days90%
Screening (5,000+ papers)6-8 weeks1 week85%
Charting4-6 weeks1-2 weeks70%
Visualization2-3 weeks2-3 days85%
Report2-4 weeks3-5 days80%
TOTAL4-8 months4-6 weeks75%

Living Review (Annual Cost)

Comparison

ActivityTraditional AnnualEvidAI Annual
Monitoring labor$15,000-25,000Automated
Screening updates$5,000-10,000Automated
Analysis updates$5,000-15,000Automated
Report revisions$5,000-10,000Automated
Platform subscriptionN/A$15,000-30,000
TOTAL$30,000-60,000$15,000-30,000

Key Insight: Traditional living reviews often aren't attempted due to cost. EvidAI makes them economically viable.


Cost by Organization Type

Academic Research Group

ScenarioTraditionalEvidAI
PhD dissertation SLR$5,000-15,000 (student time)$1,000-3,000
Grant-funded review$40,000-80,000$8,000-15,000
Multi-site collaboration$60,000-120,000$12,000-25,000

Pharmaceutical Company

ScenarioTraditional (CRO)EvidAI
NDA supporting SLR$150,000-300,000$25,000-50,000
Competitive landscape$50,000-100,000$10,000-20,000
Safety signal review$75,000-150,000$15,000-30,000
Living review (annual)$100,000-200,000$25,000-50,000

Health Technology Assessment

ScenarioTraditionalEvidAI
Technology assessment$80,000-150,000$15,000-30,000
Rapid assessment$30,000-60,000$5,000-10,000
Reassessment update$50,000-100,000$10,000-20,000

Healthcare System

ScenarioTraditionalEvidAI
Guideline development$100,000-200,000$20,000-40,000
Formulary review$40,000-80,000$8,000-15,000
Policy evidence brief$20,000-40,000$4,000-8,000

ROI Calculator

Example: Mid-Size Pharma (10 reviews/year)

MetricTraditionalEvidAIDifference
Reviews per year1010-
Avg cost per review$150,000$30,000-$120,000
Annual spend$1,500,000$300,000-$1,200,000
Time per review12 months8 weeks-10 months
Reviews possible/year1030++200%

Example: Academic Department (5 reviews/year)

MetricTraditionalEvidAIDifference
Reviews per year55-
Avg cost per review$40,000$8,000-$32,000
Annual spend$200,000$40,000-$160,000
Researcher time500 hrs/review100 hrs/review-80%

Hidden Cost Savings

Beyond direct costs, EvidAI eliminates hidden expenses:

Hidden CostTraditionalEvidAI
Training (multiple tools)40-80 hours4-8 hours
Data transfer errors5-10% reworkNear zero
Tool integration effortOngoingNone
Audit preparationDays-weeksHours
Version control issuesCommonEliminated
Missed updatesFrequentAutomated alerts

Summary

Time Savings by Review Type

Review TypeTraditionalEvidAISavings
Full SLR6-12 months6-8 weeks78%
Rapid Review8-12 weeks1-2 weeks85%
Scoping Review4-8 months4-6 weeks75%
Umbrella Review9-15 months5-7 weeks80%
Living (annual)Continuous laborAutomated90%

Cost Savings by Organization

Organization TypeTraditional AnnualEvidAI AnnualSavings
Large Pharma$2-5M$400K-1M75-80%
Mid Pharma$500K-2M$100K-400K75-80%
HTA Body$500K-1M$100K-200K75-80%
Academic$100K-300K$20K-60K75-80%

The math is clear: EvidAI delivers the same—or better—quality output at a fraction of the time and cost of traditional approaches.

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