Professional Documents
Culture Documents
Subhojit Das
Shiladitya Kar
Aranya Roy
Need to recalibrate with evolving healthcare dynamics
Emerging Trends
Tremendous pressure to control costs and deliver high Manufacturers must understand what sets Formulate a strategy for emerging healthcare
quality care these large networks and commercial models
• Hospital Supported
• Physician Led
• Commercially
Supported
*(Oliver-Wyman)
The Southern region has been doing well because of the existing DTC strategy which has worked well with physicians. However, East-West
regions are lagging behind of the dominance of the consolidated hospital-supported (IDNs and ACOs) groups
Key Insight
Changing dynamics of healthcare delivery is propelling a shift from DTC strategy to Key Account Management for East-West and Southern
regions to cater to both hospital supported and physician led groups
Who are our new customers and what do they want?
New Customers for Phoenix Pharma Focus Areas for IDNs Solutions for IDNs
Quality
Physician Hospitals and Pharmacies and Improve Health of
Parameters Payers improvement,
Networks Clinics Wholesalers Cost Improve Cost Saving Population HIT Adoption
Inflation
Real-world data,
Commercial Potential Competitive Edge Reduce Per Capita
Opportunity I cost of Healthcare
Improve efficiencies
Size Staff & reduce cost
Current sales or Share of Account Shortage D Quality of Care
Improve Patient/Provider
Influencer
Identifying Key Stakeholders
Shared
patient High level of
management Professional contracting; preferred
across integration in contracts and listing
hospital group
treatment
pathway
Gatekeeper
Forward
High degree of integration in
Therapeutic area specialization integration with
providers patient
management
Area of
Expertise Programs with
Champions
focus on Push Through strategy
In-house drug
particular
dispensing therapeutic targeting new Honchos
areas and Watchdogs
How to Approach the Market challenges- Go to Market Strategy
Pharma Approach to Address IPPN/IDN Challenges KAMs Role and Responsibilities New Salesforce Hierarchy
Restriction of Access
Head of
Restricting samples, • Create new IDN facing roles Customer • Execution of programs sales and
gifts, meeting doctors • Use non-traditional venues Services • Distribution marketing
Prescriptive Analytics tool Collect real time data about Join hands with stakeholders
Knowledge management to identify patients at risk drug’s efficacy in the and assume responsibility in
system that compare from side effects in real southern states spreading awareness
features of Povinex time regarding the disease
vis-à-vis its competitors Use this data to leverage
Patient’s prescription fill the real world evidence of Propagate Povinex’s role in
Comparison would be in history and hospital the drug’s effectiveness and providing long term
terms of use-cases, utility admission and discharge lack of side effect in IDN sustainable patient outcomes.
and efficacy data, to help prevent dominated west and Thereby reducing hospital
negative health outcomes eastern states readmission rates
Metrics, Road Ahead and Organizational Buy-in Process
Metrics Road Ahead:
Redesign Doubles Drive Innovation
the Economic Value of Products
Results
Strategic Cost
Collaborations and Fully Integrated Time Risk Net Price
Potential Areas of Engagement
Patient Access
Design evidence generation for • Patient Instruction / Support materials
• Increase in access- formulary, CPOE customer value at the outset • At home co-pays/affordability
• Consumer technologies for home monitoring
Use predictive analytics and
Organizational Effectiveness RWE wherever possible, rather • Outcomes measurement in greater detail
than RCTs • Nurse education/support for deployed nurses
• Account Planning • Physician engagement led ACOs
Over 92% of health systems are willing to collaborate with
Optimize the design of RCTs
~2x
• Customer Relationship the industry to improve the process of care delivery
with advanced analytics • Developing value-enhancing patient Economic
services,
• Collaborations in play
Engaging Payers
such as compliance management programs
Automate trial execution and Value
supported by nurses, or telephone hotline
Triple-Aim Improvement identification of patients for
trials • Payers need to understand the value of the
• Health Care Resource Utilization medicines they are reimbursing, so there is
Manage patient journeys and should be a better data sharing
Savings attributable to brand drive personalized value by • Working with Payers to address market access,
• Time from Dx to 1st fill / adherence sharing tools with customers
pricing, and reimbursement
• Defined outcomes performance Impact at Scale 20-30% 25-45% 5-20% 1-5%
• Patient satisfaction improvement Organizational Buy-in with different Stakeholders
• Brand Specific Metrics
Customer Relationship
• Expansion with C/D levels
Isolate the problem “Inviting in the Cost-Benefit Analysis, Communication Do a “full swing
• Collaborations in play and document a Lions”: Assemble Sales metrics: Quota needs to be program
• Involvement in care process clear concise vision a cross- Attainment and its frequent and execution”:
statement to begin departmental Distribution, Win/Loss very clear to Carry the
planning/innovation to socialize the idea team for a diverse Rates, Time To Ramp, summarize initiative across
with stakeholders set of opinions Customer Facing Selling progress and the finish line
• Adoption of content/services Time next steps.