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Managed Care Pull-Through: Increasing Market Share After Formulary Access

May 20, 2011 By Bio-Medicine.Org

CHAPEL HILL, N.C., May 20, 2011 /PRNewswire/ — Managed
care formulary access is critical to a new pharmaceutical product,
but a formulary win isn’t enough anymore. Beyond formulary
placement, a new brand’s long-tem commercial success is tied to
effective pull-through programs and processes to increase market
share after the contract is signed.

To help organizations create and maintain effective pull-through
programs and processes, Best Practices, LLC has published a study,
“Managed Care
Pull-Through Excellence: From Formulary Access to Increased Market
Share
.” This timely research identifies quantitative benchmarks
and qualitative insights that will help sales and brand leaders
understand how to build an effective pull-through program and
leverage Managed Care contracts to generate pharmaceutical product
sales.

The term “pull-through” is defined in this study as an
integrated process aimed at increasing market share and generating
sales for a specific product within a given time
frame. Pull-through programs are formal agreements between
pharmaceutical companies and managed care accounts that specify
product utilization targets, messaging themes and support
programs.

The report is organized into five sections:

  • Executive Summary: The executive summary explains the
    survey objective and methodology, identifies participating
    companies, provides definitions, and reports key findings and
    insights.
  • Building an Effective Pull-Through Operation: This
    section discusses how companies establish structures and processes
    that optimize pull-through. Areas covered include pull-through
    leadership, planning, training, staff roles, cross-channel and
    cross-functional collaboration, internal communications processes
    and tools, use of templates, effectiveness metrics, and trends in
    budget and staffing levels.
  • Pull-Through i

    ‘/>”/>

SOURCE

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