IntegriChain delivers the life science industry’s largest and only data and business process platform for therapy commercialization and access. Manufacturers rely on our analytics, applications, managed services and expert advisors to power their operations and harness the value of their channel, patient and payer data.
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To ensure you get the most out of your access and commercialization investment, IntegriChain provides a complete set of professional Advisory and Systems Integration Services designed to further your business and success.
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IntegriChain provides wide array of resources to help you navigate your journey to market access success.
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We help all stakeholders in the life sciences industry drive access. We do this through our relentless focus on unifying all of the critical business functions for therapy commercialization and access – contracts and pricing, gross-to-net, channel, and patient services – unlocking strategic payer, provider, pharmacy and patient access insights for our life sciences customers.
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October 26, 2020 | Mia Scioscia
Our latest ICyte advancement is all about achieving a unified platform vision for market access. GTN Analytics compliments IntegriChain’s GTN Accruals and GTN Forecasting solutions by delivering insights and uniquely integrating financial data with channel and patient data; including national demand, third-party logistics, specialty pharmacy, specialty distribution, and rebate data. This will help consolidate and improve the analytics experience for both Managed Services and SaaS users while seamlessly integrating into the patient and channel components of the ICyte platform.
The recent addition of GTN Analytics will improve the accuracy and predictability of accruals and forecasts through the following key components:
Data on Demand
Reduces the risk of GTN accrual mistakes and improves overall contract decision making by providing Finance and Market Access teams a consistent way to visualize, extract, and integrate data into existing workflows. GTN Analytics includes self-service data access, including ad-hoc analysis, pre-built reports and dashboards, on-demand data exports, and a robust API for business intelligence (BI) tools.
GTN Reporting
Allows manufacturers to evaluate key Gross-to-Net metrics and trends with web-based data visualization and analysis tools. Reports can be quickly created and are aligned with industry best practices, including product profit and loss statements, customer profit and loss statements, and actual and forecast variance analyses. Trends reporting includes a Mix of Gross Sales, Payer Mix of Demand Sales, GTN Average Discount Rate by GTN Line, and GTN Rate Trends to analyze the effectiveness of contract decision-making. Since contracts impact product utilization across trade/channels, payers, and gross-to-net, it also illustrates how distribution channels and indirect programs impact overall profitability.
Interested in finding out more? Get a closer look at some of these analytic enhancements and how they can benefit your business:
Mix of Gross Sales Units
Financial Accrual Rate
Payer Mix of Demand Sales
Conclusion
Market access and finance leaders require consolidated views of existing data silos to manage their business. These data silos currently prevent vendors and customer teams from consolidating information in a consistent, efficient way. With the inception of GTN Analytics, market access and finance teams can now leverage simple, consolidated views across their Gross-to-Net datasets all within a single dashboard, so that the historical data and operational silos are no longer barriers to transparency and optimal business decisions.
For more information on what GTN Analytics can do for your business, reach out to your customer success manager or sales@integrichain.com.