Professional Documents
Culture Documents
Abdulelah Albukhari
Contents
Executive Summary....................................................................................................3
Analyses.................................................................................................................7
PEST analysis........................................................................................................7
SWOT analysis.....................................................................................................10
Stakeholder Analysis...............................................................................................11
Gap Analysis.......................................................................................................13
Planning...............................................................................................................15
Market Segmentation..............................................................................................15
Marketing Framework.............................................................................................20
Executive Summary
The mission of the Trust Medical Care Company is to serve the patients through the
and specialized in healthcare services. Trust Medical Care Company is one of the Saudi
the pharmaceutical field. The Center of Sterile Compounding in Trust Medical Care prepares
most IV sterile compounding products with the newest technology in the market. The trust
medical care is often influenced by customers, the regulation of the country, social trends,
new technology in the market, the Saudi FDA regulation framework, and governmental
compounding products to hospitals, cancer centers, clinics, and cancer patients. The
complexity and number of human steps involved in sterile compounding create errors. So,
trust medical care finds an opportunity to introduce a permanent solution to save patients'
Technology (ARCT), the center's primary aim is to have the latest technology to ensure the
highest quality with those high-quality practices and be the first in the market. The marketing
team will focus on the hospitals, clinics, and cancer patients by influencing them. The center
helps them in the cost-effectiveness by decreasing the number of pharmacists in the hospitals.
On the other hand, the center should focus more on social media and improve the center
website content and social media to attract more patients who do not want to wait for their IV
dose in the hospital to get in the center. The marketing team has one of the most significant
opportunities by being the first center for compounding in the area that should work to reflect
how unique it is by using digital marketing opportunities like social media, website, emails,
This project matters to Trust Medical Care since targeted marketing brings more and higher
quality leads. Increased leads translate into more potential clients. Engaging those clients
produces greater profits and consistent revenue. This project provides value for Trust Medical
field. The company is working in pharmacy retails in Riyadh, Saudi Arabia. In contrast, the
company is working to meet the customer's and market needs and the culmination of
traditional pharmacy practice combined with today's technology in Saudi Arabia. The
mission of the Trust Medical Care Company is to serve the patients through the availability
solutions to patients and organizations. Moreover, the vision is to be unique and specialized
in healthcare services.
Albukhari and Ibrahim Alsemail. Both are licensed pharmacists in Saudi Arabia. Abdulelah is
the firm's principal with more than 8 years of experience in the pharmaceutical field; he
The IV sterile compounding practice is one of the most critical duties of a hospital's
inpatient pharmacy operations due to the high risk that improper preparation can pose to
patient and employee safety (Rich et al., 2013). For example, a multistate meningitis outbreak
that resulted in 64 deaths was caused by improper aseptic technique at a commercial sterile
compounding center (Bhakta et al., 2018). The complexity and number of human steps
involved in sterile compounding create errors. Advanced techniques such as photo validation,
gravimetric dose validation, and barcode scanning are available to improve safety and
accuracy during sterile compounding. However, most of these techniques are not widely
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used, partially due to the lack of research studies demonstrating cost-effectiveness (Bhakta et
al., 2018).
Therefore, the Trust Health Care finds an opportunity to introduce the permanent
solution to save patients' lives and cost-effectiveness to the hospitals, centers and patients.
handling products that present hazards to personnel during preparation. Robotic automation
devices have demonstrated safety benefits, with mixed results on operational efficiency and
pharmacy costs (Bhakta et al., 2018). In addition, this Center provides the most high-quality
home patients. This project matters to Trust Health Care since targeted marketing brings
more and higher quality leads. Increased leads translate into more potential clients. Engaging
This project provides value for Trust Medical Care clients and their customers. When
the institutions which have a contract with Trust Medical Care Sterile Compounding Center,
Making sure they have the highest quality sterile compounding products.
Decreasing the logistic process from purchasing the products and dealing with the
pharmaceutical companies.
Analyses
PEST analysis
The Center of Sterile Compounding in Trust Medical Care prepares all the IV sterile
compounding products. with the newest technology in the market. The trust in medical care is
often influenced by customers, the regulation of the country, social trends, new technology in
the market, Saudi FDA regulation framework, and governmental regulations changes.
For the Center to succeed, there must be a political, economic, social, and
technological (PEST) analysis conducted. Table 1 presents a PEST analysis for the Sterile
Compounding Center.
Table 1
PEST Analysis
The Compounding Center will operate in the Trust Health Medical Company facilities
within Riyadh city, Saudi Arabia. Employing sterile compounding practices is one of the
most critical duties of inpatient pharmacy operations due to the improper high-risk
preparation can pose to patient and employee safety (Rich et al., 2013). For example, a
technique at a commercial sterile compounding center (Bhakta et al., 2018). According to the
Ministry of Health (MOH) in Saudi Arabia, the number of hospitals and beds in Saudi Arabia
in 2018 were 494 hospitals with 75,225 beds. The rate of beds is 22.5 /10000 population.
From 2014 to 2018, the number of hospitals increased from 453 to 494. The number of beds
increased from 67997 to 75225, in both government and private sector hospitals. The total
hospitals in Riyadh is where the Center is an area of focus. It has 106 hospitals and 40 private
sector hospitals. This is where the service line of Trust Medical Care Compounding Center is
focusing on 5747 beds. The hospitals of inpatients admission in private sectors were about
389,747 cases In Riyadh (moh.gov.sa). The service line focuses on the private sectors
hospitals, most of which use the traditional way in the IV sterile compounding. The only
hospital in Riyadh and Saudi using the compounding robot is the King Faisal specialty
hospital and research (KFSHR 2014), which serves more than 11k patients per year and it is a
non-profit, governmental funded organization. The main customers are the private sector
hospitals that deliver the IV sterling compounding products. It could save time, cost, space
and increase safety by using fully automated systems to decrease human interaction.
Centralizing Sterile Compounding is something new in the market, and no one tried to open
this service line before. Even in the traditional way, it is only done in the hospitals.
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2. Threat of new entrants: The threat of new entrants is high. Barriers to entry are numerous
but surmountable, Capital requirements are high, but the possible competitors have the
3. Threat of substitutes: The threat of substitutes is moderate because the hospitals are using
the traditional way now, and none of them has the robotic sterile compounding. The idea is
that none of the hospitals in Saudi are preparing their sterile products out of their hospitals,
which could help them decrease the cost of numbers of pharmacists and technicians in the
hospitals.
there are not many sterile compounding robot options in the market. The most suitable one is
the RIVA compounding robots by ARxIUM (Riva, 2021) that can provide all the services in
the timeframe.
5. Bargaining power of buyers: The bargaining power of buyers is high. The Trust Medical
Care is planning to set to robotic compounding companies that can cover the needs of willing
hospitals, with the best technology, a good price, and a decrease in their cost. The Center can
As a center located within the trust medical care company facility, it will be in Riyadh,
Saudi Arabia. One of the competitors can provide this service in Riyadh because they have
three Alhabib hospitals in Riyadh with fully equipmentmen inpatient and outpatient
pharmacies. The other compatriot that could evolve in the service line is the market's
substantial chain pharmacies. The table 2 provides information on the two competitors' scope
Table 2
Competitor Analysis
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SWOT analysis
Table 3
STRENGTHS WEAKNESSES
▪ Staffing cost and issues
▪ Latest technology
availability and high ▪ annual maintenance fee
Safety with for the new technology
implementing RIVA
▪ Less resources and
pharmacists in the
hospitals.
▪ The first in the market.
SWOT
OPPORTUNITIES THREATS
▪ Creating partnerships ▪ Errors from the machine
with other hospitals
▪ Not working which may
and centers
▪ Increase Time and cause late in process
Effective of the IV
▪ Other potential
center (55 dosage per
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Stakeholder Analysis
The information was used to analyse the Center of Sterile Compounding in Trust
Medical Care. The internal environment and relevant characteristics of the external
environment came from two primary sources: First, the pharmacist consultant who worked
for the National Guard hospital in Saudi Arabia for ten years, which gave him an intimate
understanding of the business and who is becoming part of the team. Secondly, the marketing
team had used public information based on the Ministry of Health from Saudi Arabia
website, which gave the marketing team insight to determine the Center's progress and
success. Moreover, the marketing team had used the Ministry of Health to determine external
factors of the Center of sterile compounding current competitors and vendors; the Ministry of
Health website would provide critical information about the new competitors in the market
The stakeholder inventory (Figure 1) and the stakeholder analysis (Table 4) were
completed from the perspective of the Center of Sterile Compounding in Trust Medical Care
executive team. The stakeholders were categorized by the importance of the Center's
As mentioned in Table 4, the top three stakeholders were the Customers (buyers), the
Cancer patients, and the Supply Chain. The Customers are the primary stakeholders because
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the Center of Sterile Compounding in Trust Medical Care is selling the sterile products to
them. They are the main Stakeholder for the Center. Patients are the second most important
stakeholders. Trust Medical Care on its mission is to provide the safest practice and
availability of drug to all of the patient through its customers (buyers). The Supply Chain
department is the third Stakeholder, the availability of the devices and the pharmaceutical
supply is the most vital issue for the Center without it the Center cannot continue working.
So, the Center must constantly to have a healthy business relationship with the stakeholders.
Establishing a strong image of the Center will help in increase the business opportunity for
the Center.
Figure 1
Stakeholder Inventory
Table 4
Stakeholder Analysis
Stakeholder Definition
Gap Analysis
The Center of the IV compounding drugs is a part of the Trust for Medical Care
Company. The stakeholders will require a gap analysis that will require financial data,
staffing data, and quality health care data of the Center of the IV compounding drug. The gap
analysis will include 6 metrics that will determine the success of the IV compounding center,
and the measurements are listed in table 5. The following metrics are time and effective
quality of the IV Center, staffing, preparation rate, the type of the compounding drug, The
Center market share, and the revenue. The measurements provide transparent data of the
current state of the Center and the desired outcomes that the Center will need to operate and
function to provide the safest IV sterile compounding and adequate patient care successfully.
Table 5
Gap Analysis
The Sterile IV Center has provided a transparent gap analysis to the Trust Medical
Care stakeholders. The gap analysis has provided up-to-date information about the status of
the Center. The Center needs more staff and equipment to approach the Center's goals and
fulfill its obligations because in the pharmaceutical field, all the parties expect the product
delivery on time, and the Center needs to build a trustable image to the customers.
Planning
Market Segmentation
The Center of the IV compounding drugs in the Trust Medical Care marketing
research team conducted an extensive market segmentation using the ministry of annual
health report for 2018. The team extracted data to determine the specific market that the
Center of the IV compounding drug will be focusing on in the population. The Center focuses
on the private sector hospitals, where most services are provided through private hospitals
and clinics. The service is provided to the patients through those hospitals and centers. The
marketing team used sociodemographic, geographic, and user segmentation to determine the
Center's specific population. The table 6 represents the market segmentation of the
compounding Center.
Table 6
Market Segmentation
hospitals
Patients who are
coming only for their
IV antimicrobial dose.
demographics and criteria to the standard Center patient population. The Center can now
focus its efforts to showcase a more comprehensive marketing campaign to the private
hospitals, clinics, and cancer patients who are coming only for their IV antimicrobial dose. In
the Riyadh region, the market segmentation can also be the foundation to build future centers
all over Saudi Arabia. There are currently an estimated 18,883 inpatient beds in the private
sector in Saudi Arabia, and the total estimated cases is 1,646,008. As stated in the market
segmentation, many private hospitals and clinics do not provide fully sterile compounding
drugs and seek to deal with other tertiary hospitals to get supplies from them. That would
consider them valuable buyers who served the sociodemographic patients provided in the
table.
The Center uses the automation of the compounding procedure to reduce pharmacy
costs and eliminates the cost of medicine residues, preparation errors, preparation failures,
and other additional costs of running sterile compounding manually; the Robotic sterile
compounding will allow the payers to decrease the number of pharmacists in the sterile
compounding (Soumoy & Hecq, 2019), decreasing operational costs for the potential payers
According to data from the American College of Hospital Pharmacists, only 0.3% of
hospitals introduced robots for intravenous compounds in 2019" (Zhang et al., 2021, para. 2).
However, the low number of centers shifting to sterile, robotic compounding gives the Center
The center market research team had performed a marketing audit to analyse the
awareness and engagement through digital marketing. In addition, the marketing team
regarding the benefits to the Center. The Center of the IV compounding drugs digital
marketing strategy focuses on the private sector hospitals. The service is provided to the
hospitals' patients and in the Center for patients who don't want to wait in hospitals.
The Center of the IV compounding drugs marketing audit aims to better align with the
trust medical care organizational strategies. Furthermore, the marketing audit's purpose is to
standardize the marketing activities' efficiency so it may be aligned with the mission and
vision statement of the trust medical care and meet the patient's needs.
Table 7 provides a detailed checklist for the marketing audit for the following criteria:
website design, search engine optimization (SEO), email outreach, social media presence,
and content marketing. The categories indicate if the marketing criteria are met, the current
state of the marketing criteria, and the marketing action plan to improve.
Table 7
Current State: The Center of the IV compounding drugs website has not been developed
yet. The Center is a new service line. It should be under the trust medical care company
website, which it needs to redesign the domine available but is needed to develop.
website and link it with social media accounts. The marketing team should work on the
content, like what it's about, including the Center's mission and vision. Moreover, the
contact tools and the website should be linked with the physicians and provide the
patients a dashboard on the website to follow up with their sterile medication times and
The SEO
Current State: The SEO for the Center only can be found in the search for Trust
Pharmacy on Google. The marketing team had entered the general information about the
location and some pictures from the pharmacy line in trust medical care.
Improvement Opportunities: The Center marketing team should enhance Google search
for accessibility. The proposed plan would be to have minimal search words for the
Center, in addition to working on adding more information about the Center on the trust
promotional emails to the purchasers in the hospitals and to the patients who took their
medication in the center. In addition, it provides emails notices to the patients in terms of
The Content
Current Result:
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The website it’s not developed yet so there is no content but that gives a good opportunity
Improvement Opportunities:
The website should give the user ability to make appointments, view all services that can
provide in the Center. In addition, the website should introduce resources. For example,
the current research, current media/news, and publications. The market team should keep
Current Result: The Center currently has a social media presence through trust
pharmacy twitter account but that has not been updated since 2019.
a Facebook page, Instagram account, and LinkedIn account. Having a strong and frequent
social media presence can only benefit the Center by educating the patients and the
customers.
The Center digital marketing audit has indicated many weaknesses staring with the
website, social media, and online presence. The website is not yet developed and design. The
Center is currently underutilizing its email marketing capabilities and social media presence.
The Center needs to develop its marketing content to exponentially grow the Center to other
regions.
As presented in the SWOT analysis, the Center of the IV compounding drugs is a part
of the Trust for Medical Care Company, provides a competitive advantage to the hospitals,
clinics, and patients in the Riyadh region in Saudi Arabia. The Center is genuinely confident
in adapting the mission, vision, values, and persuasive branding efforts that the Trust Medical
Care Company has produced to deliver quality healthcare to patients. The marketing
Marketing Framework
The Center of IV compounding has provided a fine marketing framework to the Trust
Medical Care Company stakeholders. The overall analysis of the Center marketing
overview to adopt a clear and concise mission, vision, and values statement.
The marketing framework had addressed all the past issues in their situational analysis and
the goals to solve all the issues. the Center has taken the proper steps to thoroughly develop
Trust Medical Care has considered one of the pharmacy chains in the Riyadh region
that serves the patients in Riyadh city. The Company is working to meet the customer's and
market needs and the culmination of traditional pharmacy practice combined with today's
technology in Saudi Arabia. The Company has adopted a strategic plan that consists of the
company's Mission, Vision, and Values. The Company also adopted key principles, goals,
and objectives that sustain the mission, vision, and values essence and purpose.
Mission
The mission of the Trust Health Care Company is to serve the patients through the
Vision
The vision of the Trust Health Care Company is to be unique and specialized in
healthcare services and to be the benchmark of excellence and value in healthcare and
benefits by providing the unique services that are both patient-centered and evidence-based.
Values
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The values of the Center are the following: Equity, Integrity, Commitment, Respect,
Equity: Demonstrate fairness and collaboration in dealing with all parties to a transaction.
Integrity: Conduct business in an ethical manner; establish realistic expectations for clients.
Client-centered: Understand clients’ needs and expectations to create and deliver value.
Reputation for Success: Be recognized for achieving actual, measurable outcomes for clients.
Marketing Strategy
The center of the IV compounding has used marketing strategy helps to modernize the
business systems and technology aspect. By transforming the business systems and
technology for the Center, keep the employees to enhance the overall quality of care and
services. The Center aims to improve the business operations by modernizing systems and
focusing resources more efficiently to be competitive and provide the best customer service
to the customers. The objectives of the Center would be to make improvements in health care
achieve the value for Trust Medical Care clients and their customers. The marketing
framework identified in Table 8 presents the goals, activity type, action, and measurement of
Table 8
Marketing Framework
User Experience
Links
Real Business
Information
research, current
media/news, and
publications.
center
Improved brand
awareness and
engagement.
Overall ROI
emails notices to the patients in
Subscribe Rate
terms of appointment reminders,
Interaction with
create a monthly newsletter.
email rate
Having a strong and Social The center will be more involved Number of
frequent social media in social media by creating a new
Media followers
twitter page, Facebook page,
Instagram account, and LinkedIn
Impressions
account. For patients educations
and the customers. And let them Engagements
know more about what services is
provide in the center. Website Visits
Organizational Structure
Regarding the Center of the IV compounding, the Trust Medical Care organizational
leadership structure consists of CEO Abdulelah Albukhari; Assistant CEO Ibrahim Alismail;
Director Dr. Saif; Associate Director Dr. Sameh. The information was synthesized into an
services and support activities. Since the Trust Medical Company has limited staff, it is
recommended that the new roles be extensive in scope. The office CEO would oversee
operations and implement process improvement initiatives. Likewise, the director would
Figure 2
Organization Structure
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Achieve the current goals plan and future expansion opportunities for the Center of
Center's progress and dosage production volume. That will allow the Center to consider any
improvement protocols needed. However, the Center will conduct an annual market share
analysis. In addition, there will be a competitive market share with the development of
The Center’s team will follow any new updates in the Saudi Food and Drug Authority
guidelines for the Manufacturing and Compounding of medications guidelines (SFDA 2022).
To improve the Center's process, techniques, and possibly new developments, all the
departments in the Center will work together with the marketing team to represent what
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changes have has applied to present the Center in an ideal way in the market. However, the
Center has the potential opportunity to expand to other Saudi cities depending on Riyadh's
demands. In addition, the unique development of the Center will provide advertising control
to the targeted patients and institution. The Center marketing team will conduct an A/B test
every month on the main landing page of the Center and the Center's social media like
Twitter, Facebook, etc. This will allow the marketing team to evaluate and update any new
information regarding the Center, organizational changes, website layout, and design.
milestones indicated in the Center's marketing framework. In addition, weekly meetings will
be arranged between the marketing team and the stakeholders to monitor and evaluate the
progression. Moreover, to evaluate the improvement in the orders, new patient numbers, and
the opportunities. In addition, the Center’s team can evaluate the orders load in the Center
within the first two years and deem if there is an opportunity to expand. On the other hand, if
the results are less than desired, the marketing team should diagnose the problem, analyze it
and arrange a meeting with the executive board to find the solutions and correct the issue.
Once the marketing diagnoses any issues, they should report immediately to the director.
Discover what the solutions are available, and if the issue needs external consultation, it's one
The CEO will carry out the project evaluation. The CEO will be delegating specific
tasks to the stakeholders and team. In addition, the CEO will forecast the semi-annual budget.
Lastly, the project manager will create the baseline for the development of the Center.
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