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» Products & Services » » Market Access » Resource Benchmarks

Meeting the Needs of Payers Through the Market Access Function: Structure, Impact, and Activities

ID: 5789


Features:

3 Info Graphics

10 Data Graphics

170+ Metrics


Pages/Slides: 20


Published: 2024


Delivery Format: Online PDF Document


 

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  • STUDY OVERVIEW
  • BENCHMARK CLASS
  • SPECIAL OFFER
Non-members: Click here to review a complimentary excerpt from “Meeting the Needs of Payers Through the Market Access Function: Structure, Impact, and Activities”

STUDY OVERVIEW

The Market Access function has steadily attained importance due to the increased need for value over existing treatments among regulatory and reimbursement agencies. Recognizing this, pharmaceutical companies are establishing dedicated Market Access teams with well-defined roles and responsibilities.

Best Practices, LLC conducted benchmarking research to uncover winning practices that enhance operational performance and improve payer engagement. This study focuses on pivotal aspects, including leadership dynamics, structural innovations, reporting relationships, critical activities, and engagement metrics.

KEY TOPICS

  • Market Access Leadership Dynamics
  • Market Access Structure and Reporting
  • Effective Payer Engagement Activities
  • Operational Impact of Market Access Function

KEY METRICS

  • Leadership goals for Market Access teams
  • Existing and preferred Market Access function structures
  • Functions to which Market Access groups typically report
  • Leadership reporting levels for Market Access
  • Market Access function's influence on listed operational categories
  • Assessing payer engagement activities and their impact on Market Access organization success
  • Effectiveness of payer engagement metrics

SAMPLE KEY FINDINGS

  • Activities and Impact Insights: Relationship management and insight gathering from payers are universally acknowledged as effective strategies to enhance success in Market Access.

METHODOLOGY

Best Practices, LLC engaged 11 Market Access leaders across diverse biopharma organizations in this benchmarking research.

Industries Profiled:
Pharmaceutical; Biopharmaceutical; Manufacturing; Biotech; Consumer Products; Diagnostic; Medical Device; Market Research


Companies Profiled:
AbbVie; Alkermes; Bayer; Boehringer Ingelheim; F2G - The Rare Fungal Disease Company; Ferring Pharmaceuticals; Health Industries Research Companies (HIRC); Idorsia; Ipsen; Jazz Pharmaceuticals; UCB Pharma

If you purchase Best Practice Database document(s), you will have 30 days from the date of purchase to apply some or all of the cost of the document(s) toward the cost of a Full Access Individual, Pharma, Group or University Membership. Write us at DatabaseTeam@bestpracticesllc.com or call David Guinn at 919-767-9179 if you have any questions.