CATEGORY

Professional Education

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Category Alerts


CATEGORY ALERTS

UVI Unveils a Medical Simulation Facility

July 25, 2022
alert level: Low
CATEGORY ALERTS

The National Institutes of Health will fund the establishment of cancer-care telehealth research centers.

August 29, 2022
alert level: Medium

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Professional Education Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Professional Education category is 5.40%

Payment Terms

(in days)

The industry average payment terms in Professional Education category for the current quarter is 73.4 days

Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™

Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Professional Education Suppliers


    76,415
    Total Suppliers
    4,862
    Diverse Suppliers
    52
    Normalized Supplier Rating
    Professional Education Supplier

    Find the right-fit professional education supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    IQVIA HOLDINGS INC.
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    4
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    36

    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    41
    Social
    30
    Governance
    43
    6 Domains Performance (/100)
    Business behaviour
    48
    Human rights
    39
    Community Environment
    31
    Corporate governance
    40
    Human resources
    22
    Security Scorecard
    77

    Threat indicators
    C
    75
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    63
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    70
    Application Security
    Detecting common website application vulnerbilities
    C
    77
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    D
    60
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    iqvia.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    1
    Human Rights Issues
    0
    Production Supply Chain Issues
    0
    Environmental Non Compliance Flags
    1
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    2
    Fraud Issues
    0
    Labor Health Safety Flags
    0
    Regulatory Issues
    2
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    28
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    No

    Professional Education market report transcript


    Market Overview on Professional Education

    HCP training and education is currently executed through a hybrid approach, leveraging the strengths of face-to-face, as well as virtual training. Therapeutic area holds a high impact on the type of training, wherein HCP from niche therapeutics prefer
    live meetings when compared to virtual setting.

    HCPs are rapidly adopting digital training platforms to learn, communicate, and network

    • Congresses demonstrate attitudes have shifted with HCPs seeing conferences as 365-day interactive conversations rather than events that take place at a fixed place and time

    Supplier Market Trends:

    • Most prevalent resources for HCP training include subscriptions, journal access, and KOL-led content. The preference for KOL let content is high for niche therapeutics, like rare diseases and neurology
    • E-learning platforms are the second most preferred learning platform. For example suppliers maintain a mobile-based application to search relevant therapeutic related information and conduct CME through robust modules
    • With regards to skilled experts, while 40–48 percent are maintaining in-house, the remaining is done through academic collaboration. For example, suppliers collaborate for journal access and experts majorly

     Impact of COVID-19 on Patient Affordability

    • COVID-19 pandemic has drastically impacted HCP education approach calling for major revamp in strategy. With many congresses cancelled, pharma are shifting their sales force to digital platforms. Spend on digital marketing channels are expecting to rise at least by 7–10 percent
    • Companies are strategizing to avoid delay in their existing pipeline, especially for those in later stages of the trials
    • Trials and tools have started to bring about remote connectivity that can help industry to continue the trial at a slower rate rather than to hold
    • As the health care personnel need to help virtually, related support are being shared with them
    • Lack of staffs and increasing cases for trials and tests have increased the demand for temporary staffs
    • The recruitment agencies are also using this opportunity to demand exorbitant rates from hospitals and sites 
    • With temporary staffs and interns being recruited for trial sites and at home visits, training of these professionals to maintain standard procedure is a must
    • This would add on to the cost of overall staffing services
    • Requirement of PAP experienced personnel, who can work with patient virtually to cater current demand