The startup provides managed services for pharmaceutical manufacturers, utilizing an integrated cloud data platform to streamline commercial and government contracting processes. By offering contract management, compliance support, and performance analytics, they address the complexities of evolving market access strategies and regulatory requirements in the pharmaceutical industry.
Funding
Funding not disclosed
Founders
Product
Problem
Pharmaceutical manufacturers face increasing complexity in managing commercial and government contracts due to evolving market access strategies and stringent regulatory requirements. This complexity leads to challenges in contract compliance, rebate management, and accurate pricing calculations, impacting profitability and market access.
Solution
The company offers managed services for pharmaceutical manufacturers, streamlining commercial and government contracting processes through an integrated cloud data platform. Their services encompass contract benchmarking, implementation, and compliance, alongside holistic business assessments that include financial and operational impact analysis. They provide support for payer rebate claim adjudication and payment, brand gross-to-net analysis, and internal forecasting and accrual processes. For government contracting, they manage contracts with Medicaid, Medicare, PHS, Federal, and TRICARE, covering data standardization, government reporting, and rebate adjudication. The platform includes validated Government Pricing calculation models and interactive reporting tools, simplifying compliance and maximizing business benefits.
Target Audience
The primary customers are pharmaceutical manufacturers needing support with commercial and government contract management, pricing, and market access strategies.
Features
- Cloud-based platform for managing commercial and government pharmaceutical contracts
- Contract benchmarking, implementation, and compliance monitoring
- Payer rebate claim adjudication and payment processing
- Brand gross-to-net analysis and support for financial forecasting
- Full-cycle government contract management, including monthly, quarterly, and annual GP calculations
- Interactive GP analytics and reporting with Class of Trade assignment
- Customer Master management and compliance/audit support
- Proprietary analytical toolbox for market access insights and channel assessment