Pricing and Contracting
Maximize profit, revenue, and long-term shareholder value
Savings in rebates, discounts, prevention of revenue
leakage, and AI/ML-driven confident decisions
Standardized data integration approach
for swift analytics insights
Transparent “no black box” approach
for operational transparency and trust
Quantitative real-world evidence (RWE)
and impact measurement
Simulations to assess future scenarios
for contracting decisions
Scalable enterprise-grade solutions
for information consistency
Proven benefits from data > insights > operations
Pricing and contracting solutions offered
Changes in the “share of practice” of one product category influence prescribing behavior in other categories. Merging multiple data feeds is critical to develop a pricing and contracting model.
Axtria’s integrated database capabilities help in mapping relevant contract attributes for brands.
Market share is dependent on copay for the products and competitors, which impacts a product’s pricing and contracting outcomes.
Axtria’s advanced methods help evaluate the impact of copay on market share by each payer plan category.
Many factors influence deal performance. A comprehensive evaluation of levers that influence contract performance is essential.
Axtria’s Deal Assessment Framework provides the predictive capability for deal negotiations.
Managed care influence in strategic analysis
Managed care influence, along with other local drivers, can be used for optimizing resource allocations.
Axtria’s driver-based geography profiling capabilities help establish the sub-national segmentation schema for brands.
Read Blog / Drug pricing policies under the biden administration