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Patient Affordability
Market, Supplier, Risk and
Competitive Intelligence

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  • Category Report with unlimited updates
  • Supplier Watchlist for 3 suppliers
  • Supplier Shortlisting Tool

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

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Manage Patient Affordability Category with Ai powered
Procurement Productivity Suite

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Abi will answer all Patient Affordability related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

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Get up-to-date market and supplier info on Patient Affordability to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Get information on key factors affecting your supply

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

meet-abi-1

Abi will answer all Patient Affordability related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Patient Affordability to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Report Coverage

  • COVID– 19 Impact
  • Market Trends
  • Case Studies

Market Size

Global Market Size

$1.37 Billion

US

548 Million

Europe

411 Million

Table of contents

  1. Patient Affordability Executive Summary/COVID-19 Update
  2. Executive Summary
  3. COVID– 19 Impact
  1. Patient Affordability Market Analysis
  2. Market Overview
  3. Market Trends

 

  1. Patient Affordability Industry Best Practices
  2. Sourcing Best Practice
  3. Case Studies

 

  1. Patient Affordability Innovation Framework
  2. Technology Trends

 

  1. Patient Affordability Supplier Performance Assessment
  2. Supplier Selection

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Global Market Outlook on Patient Affordability

Pharmaceutical companies are increasing their reliance on patient access, affordability, and adherence programs, as they are a cost-efficient way of fulfilling marketing needs and providing marketing managers with insights into physician and patient behavior.

Drivers
• Stringent and changing regulations
• Increasing government support for improving healthcare infrastructure
• The need for reducing healthcare costs
• Increasing volume of claims denials
• High number of private healthcare payers and well-established government payers
• The presence of a large number of healthcare IT companies

Constraints

• Slower adoption rate
• Lack of awareness about the available access opportunities
• Lack of denials management

Patient Affordability Latest Market Trends

Changing regulations in the healthcare sector is advancing the need of electronic data exchange and expanded treatment medical access. The legislation is providing amendments to lower the drug prices and simultaneously, paving the way for the bio-similars and generic drugs.

Five-Tier Plan

  • Companies have designed a new pharmacy benefits plan, five-tier plan, where a patient can pay five different amounts of payments, depending upon the drug he/she takes
  • Five-Tier Plan: T-1: Low cost prescription drugs, T-2: Medium cost prescription drugs, T-3: High cost prescription drugs, T-4: High cost branded drugs, T-5: High cost branded and specialty drugs. Central US is pushing the payers and patients to use five tier plans

Insurance Landscape Changes

  • Post the implementation of Affordable Care Act, the number of uninsured person has come down and is expected to go down further
  • Understanding of the reimbursement landscape can help to determine what type of support patients will need, which will reduce out-of-pocket healthcare expenses

Co-pay Accumulators

  • Copay accumulators is a novel policy designed by PBMs and insurers to avoid using manufacturer co-pay cards, which will help in excluding copayment liabilities, covered by copay assistance programs. This will enable patients to have access to affordable prescriptions and care
  • People with employee sponsored plans and high-deductible health plans are most likely to be in co-pay accumulators plan

Technological Advances

  • Interactive Voice Response (IVR), online patient communities are being opted by pharma in order to provide reminders and updates
  • This will indirectly improve patient adherence and provide with a wide variety of enrollment opportunities for a trial

 

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

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