Increasingly, manufacturers are feeling pressure to modify their commercial models in light of changes in the market environment. As healthcare delivery organizations consolidate into integrated delivery networks (IDNs) product decision-making processes are changing. The shift to institutional decision-making impacts how purchase decisions get made, by whom, and the criteria used, to name just a few of the implications. The recent pandemic is further intensifying pressure as manufacturers try to find new ways to get in front of clinicians and other decision-makers. Manufacturers must challenge the assumptions behind their commercial models if they plan to remain viable. Future commercial success will depend on rapid realignment of marketing and sales with the evolving purchasing decision processes of IDNs.

While there is growing realization across the industry that a new commercial approach is needed, many manufacturers are uncertain about what that new approach should be. The old model of intensive physician engagement and extensive product promotion is well understood, but increasingly ineffective. Less understood is what a value-driven approach geared for new constituencies and decision-making criteria looks like.

Read More

Thank you for your interest in our content. Registering allows you to access a wide range of informative articles, briefs, and whitepapers throughout the site.

Privacy is important. We do not share registrant information with anyone outside of Numerof & Associates. For details, please see our Privacy Policy. Subscribers to our mailings can unsubscribe instantly at any time.

×