Net Revenue Suite
Improving Net Price Realization
Navigating patient access and net revenue is increasingly challenging for pharmaceutical manufacturers due to rising regulatory pressures, distribution/patient support costs, and payer constraints. The ICyte® Net Revenue Suite offers integrated solutions powered by ICyte®, addressing compliance, contract, pricing, discounting, and gross-to-net challenges for manufacturers of all sizes and complexities.
Powered by ICyte®, this suite enables commercial leadership teams to:
- Increase net revenue by reducing price concessions per script without compromising demand conversion.
- Increase net revenue by improving controls and reducing leakage, waste, fraud, and abuse.
- Reduce labor and vendor costs while reducing the organization’s exposure to audit and compliance issues.
- Optimize contracting and pricing strategies in the face of IRA and other regulatory pressures.
Government Pricing
Expert management of the complexities and compliance requirements of government pricing, including comprehensive and auditable control reports covering all price calculation details.
State Price Transparency Reporting
An integrated technology and services solution to address challenges related to the complexity of reporting requirements, data collection and management, timing and deadlines, and legal and financial risks.
Claims Data Management
An end-to-end solution designed to minimize claim-related revenue leakage by thoroughly scrubbing all types of government and commercial claims, even down to the script level. The process includes data ingestion, refinement, validation, and comprehensive reporting.
Government Rebates
Manages contracts, validates formularies, and processes all claims (Medicaid, Tricare, Coverage Gap) to ensure compliance, reduce rebate costs, and prepare for Part D Inflation rebates.
Utilization-based Rebates
On time, reliable, and secure contract management, formulary validation, and processing for utilization-based rebates (e.g., 340B, Part D, Coverage gap). This helps you meet rebate claim commitments and lowers the cost and effort of managing rebate teams.
Purchase-based Rebates
Offers timely, reliable, and secure contract management, formulary validation, and processing for purchase-based rebates (e.g., GPO Admin, Distribution, Market Share, Volume). This streamlines rebate claim fulfillment and reduces management costs.
Distribution Contracts
An auditable and configurable application with advanced analytics for managing trade partner contracts, payments and purchase orders. Ensure trade partner execution of distribution service agreements and accurately measure pay for performance terms.
Gross-to-Net Forecasts
Pharmaceutical finance and market access teams can accurately forecast net revenue by payer and channel, avoiding common challenges like inaccurate data (pricing, discount, copay, inventory, returns), unclear methodologies, fragile spreadsheet models, and difficulty retaining Gross-to-Net talent.
Gross-to-Net Accruals
An auditable and configurable application with advanced analytics for managing trade partner contracts, payments and purchase orders. Ensure trade partner execution of distribution service agreements and accurately measure pay for performance terms.
