Life Sciences

CLM: A Tool to Accelerate the Contract Lifecycle

Manufacturers contract with third parties in every major function within an organization and are executing hundreds, if not thousands, of agreements every year. Between master service agreements (MSAs), statement of…

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Trends in Price Protection

In today’s world of increasing price pressure on pharmaceutical manufacturers, Payers and Pharmacy Benefit Managers (PBMs), it is important for every stakeholder to stay competitive. To promote sales, pharmaceutical manufacturers…

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Stickiness in Tendering (Part 1): What it is and is it a Reality?

FIRST – WHAT IS STICKINESS? Co-written by Andra Mironescu, Senior Consultant, Pricing, Tenders & Contracts Throughout the course of this blog the reader will notice the frequent use of “Incumbent”…

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Trump’s Blueprint on International Drug Pricing; What to Expect

The U.S. always stood out as a different healthcare system. Well, maybe not anymore. The Trump Administration released an International Drug Pricing blueprint in 2018 and it was received with…

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Discount Safe Harbor Proposed Rule: How Process Works and What does it mean?

July 2019 Update As first reported by The Wall Street Journal and Axios on July 11, 2019, the Trump Administration has decided to abandon implementation of the proposed Discount Safe…

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Contract Lifecycle Management (CLM) in Life Sciences – A Strong Uptake

Contract Lifecycle Management (CLM) implementations are picking up, replacing legacy systems with cloud-based technologies. Besides the benefits of a CLM tool as shown in the diagram below, there are a…

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Telemedicine: The Cost-Effective Future of Healthcare

Healthcare professionals can evaluate, diagnose, and treat patients at a distance using telemedicine.1 Telemedicine is delivered via video-conferencing, audio, or text-messaging using smartphones, tablets, and desktop computers. Over the past…

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Contract Lifecycle Management (CLM) in Life Sciences – A Strong Uptake

Contract Lifecycle Management (CLM) implementations are picking up, replacing legacy systems with cloud-based technologies. Besides the benefits of a CLM tool as shown in the diagram below, there are a…

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CMS 2019 Final Rule and the Scope of the 340B Program

In its final rule for 2018, the Centers for Medicare and Medicaid Services (CMS) reduced Medicare Part B reimbursement for 340B-acquired drugs from Average Sales Price (ASP) plus 6% to…

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