Price, manage, and monitor innovative and standard contracts and ensure pricing is correct and optimized.
Incur minimal contracted and regulatory penalties while achieving optimal revenue margins.
PRICING STRATEGY MATTERS
We recently helped a client optimize and manage price changes:
Our client, a mid-sized pharmaceutical company, manages over 1500+ annual price changes with a department of less than 5 pricing experts. This client struggled to quantify the price erosion impacts of these decisions in advance.
We helped this client manage price changes with PriceRight by simulating and managing cross-border impacts of price changes, identifying unnecessary price cuts and sub-optimal packaging strategies. We also supported implementation of the changes within eight months.
Our client saw great results, including:
We recently helped a client optimize rebate validation and reduce revenue leakage:
One of our clients was a rapidly growing mid-size pharmaceutical company which did not perform any validations on managed care Commercial or Part D claims. We performed a two-week proof of concept on a single contract and identified a savings of $250k for one quarter.
We helped this client configure a validation module to take place during rebate processing and allow rebate analysts to load claim data directly into the system. This prevented the need for parsing files which was labor intensive and left room for error.
Our client saw great results, with >$15M excluded from rebate payment over the next 3 years.
EVERSANA rare patient adherence Avg.
*industry average is 58-62%,
**Case Study results vary
Covered lives access within four months of launch
One million square feet.
99.98% unit level accuracy