May 22, 2023 RAC Summit IntegriChain sponsored the RAC Summit on Monday, May 22nd at the Warwick Hotel in Philadelphia, PA. The Revenue Analytics Collaborative (RAC) is a private, anonymous network of business and financial professionals, who own, support, and analyze commercial, government, gross-to-net (GTN), and trade/channel data, processes, and systems in life sciences companies. The RAC facilitates sharing, learning, benchmarking, and networking with its 800 members, spanning more than 225 manufacturers. This summit gave pharmaceutical industry colleagues an opportunity to learn more about industry challenges and regulations, ask questions, and share best practices. IntegriChain at RAC Summit 2023 Jeff Baab, VP Operational Consulting for IntegriChain, presented the keynote on the State of the Business: A real-time update on political proposals, legislative items and scenario modeling, including the drug pricing reform impacts as part of the Inflation Reduction Act. Jennifer Sharpe, MBA, and other experts discussed Hot Topic roundtable sessions including: Managing PBM Contracts & Cross-Channel Business Impacts AMP Cap Removal Impacts on Business Returns Reserve & Inventory Roll Forward Reserve Successful Practices State Medicaid Invoices & Admin Trends in 340B & Revenue Leakage Management To learn more about the RAC, please visit https://racollab.org/.
