57 Medical Leaders on Leveraging Medical Excellence Teams to Boost Impact

CHAPEL HILL, N.C.,Oct. 21, 2022/PRNewswire/ -- The growth in the breadth and depth of Medical Affairs has created the need for specialized Medical Excellence groups, especially as tools and technologies have transformed the engagement model and unlocked new opportunity areas.

Numerous key improvements such as standardization, alignment, efficiency, coordination, upskilling, and value measurement can all be lifted by a high-performing Medical Excellence (Med X) group. But what are the activities and operational benchmarks that successful Med X organizations leverage?

This new Best Practices, LLC study answers this question for Medical leaders.

The study found that the most common internal teams supported by Medical Excellence include Field Medical (served by 88% of surveyed Medical Excellence groups), Training (82%), Strategy (67%), Med Ops (67%) and Thought Leader Management (58%).

"Building an Elite Medical Excellence Group" is a 70-page study that examines how organizations are leveraging their Medical Excellence groups to raise efficiency and impact across their Medical organization.

Key topics included in this 102-page research:

• Medical Excellence Groups in Biopharma – An Overview
• Drivers for Medical Excellence Group Creation
• Key Medical Excellence Activities
• Staffing, Investment and Reporting of the Medical Excellence Group
• Medical Excellence Group Objectives and KPIs
• Benchmarks for Proposed Medical Excellence Groups

Best Practices, LLC engaged 57 leaders from 42 companies in this research though a benchmarking survey instrument and roundtable sessions. The report delivers benchmarks around maturity, drivers, benefits, activities, staffing, investment, structure, and key performance measures. This report also includes benchmark data from organizations planning to establish a Medical Excellence group in the near future. To learn more about this report, download a complimentary report excerpt at https://www.best-in-class.com/rw151.htm.

ABOUT BEST PRACTICES, LLC

Best Practices, LLC is a leading benchmarking, consulting and advisory services firm serving biopharmaceutical and medical device companies worldwide. Best Practices, LLC's clients include all the top 10 and 48 of the top 50 global healthcare companies. The firm conducts primary research and consulting using its comprehensive proprietary benchmarking tools and analysis. The operational insights, findings and analysis form the basis for our Benchmarking Reports, databases and advisory services to support executives in commercial and R&D operations.