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Why IHS |
IHS understands the importance manufacturers place upon optimizing profitability through contracted agreements with pharmacy benefit management (PBM) companies and health benefit organizations. Because rebates can amount to 20% of the top line, they significantly impact the overall profitability of the organization. As a result, critical assessment of rebate spend and contract performance has become a heightened priority for all U.S. pharmaceutical manufacturers.
Since 1995, IHS has been solely focused on serving the managed markets needs of pharmaceutical manufacturers, combining depth of expertise and technology solutions to ensure efficiency and accuracy for its clients. IHS provides services and solutions that are tailored to the pharmaceutical industry and are customizable according to unique client requirements.
IHS has a proven track record of helping pharmaceutical manufacturers assess and improve the effectiveness of their contractual relationships with PBM and health benefit organizations and has conducted hundreds of contract compliance audits. IHS has a thorough understanding of the multi-layered, complex world of pharmaceutical rebate management. Rebate data management is IHS’ core competency, bringing streamlined processes and optimizing efficiency while assuring accuracy. Every day, IHS experts manage and analyze pharmaceutical data, which affords an in-depth understanding of trends at a detail level across multiple clients.
With a rich history in the pharmaceutical industry, IHS analysts are able to proactively respond to emerging trends on behalf of its clients. IHS also monitors industry events, compliance requirements, client requests and other activities that keep clients ahead of their competitors.
IHS assists pharmaceutical manufacturers in fostering complex relationships, including:
- Government agencies
- Hospitals
- Health Benefit Organizations
- PBMs
IHS understands that to be effective, contract management must encompass all phases of the contract cycle, including:
- Proposals
- Negotiations
- Execution
- Administration
In addition to business process outsourcing solutions, IHS provides reporting and analytical solutions to support day-to-day decision-making, allowing business users to analyze and review critical business metrics on demand via the Web.
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About Us
Why IHS
