Model N delivers a platform for business reinvention, empowering companies to maximize revenue as they transform Sales, Marketing, Channels, Finance, and Legal processes. Our software helps companies drive mission-critical business processes such as pricing, quoting, contracting, regulatory compliance, rebates and incentives. Gain real-time visibility and insights into your institutional contracting process to reduce revenue leakage and ensure contract compliance. The 2019 State of Revenue Report is a research study, commissioned by Model N.  We polled 300 life sciences and high tech executives in North America. the most economically advantageous tender (MEAT) and competitive data. excellence. To ensure you get the most out of your Model N investment Model N provides a complete set of professional Customer Success, Services and Support offerings designed to further your business and IT success. through easily configurable rules, which is vital for innovative contracting In 1992, the Public Health Service Act 340B Drug Pricing Program was introduced to reduce the cost of outpatient prescription drugs, clinic-administered drugs, and over-the-counter... | December 6, 2020 Featuring 50 preloaded formulas. Model N supports the complex business needs of the world’s leading brands in pharmaceutical, medical device, high tech, manufacturing and semiconductors across more than 120 countries, including Pfizer, AstraZeneca, Sanofi, Gilead, Abbott, Stryker, AMD, Micron, Seagate, STMicroelectronics, NXP, Sesotec, and Southern States. Government Pricing allows complex discount bundle situations to be reallocated Streamline preparation and approval processes through automated workflows and Driving mission-critical business processes such as configure, price and quote (CPQ), contract and rebate management, business intelligence, and regulatory compliance, Model N solutions transform the revenue lifecycle from a series of disjointed operations into a strategic end-to-end process. Model N, which belongs to the Zacks Internet - Software industry, posted revenues of $41.46 million for the quarter ended September 2020, surpassing the Zacks Consensus Estimate by … With this partnership, Model N and Channel Impact will enable companies … The study shows the macro trends impacting revenue, the top challenges life sciences and high tech companies face regarding revenue management, and what best-in-class organizations look like. rebate processing, and accruals management. future complex contracting needs without customization. Tackle 340B overpayments. © Copyright 2020 Model N . Model N (MODN) delivered earnings and revenue surprises of 150.00% and 4.37%, respectively, for the quarter ended June 2020. visibility to customer commitment tracking. Model N delivers a platform for business reinvention, empowering companies to maximize revenue as they transform Sales, Marketing, Channels, Finance, and Legal processes. Before we delve into the different types of revenue models, we should spend a little time differentiating between the terms \"business model\", \"revenue model\", and \"revenue stream\", as they are very often used interchangeably. Ensure adherence to complex government pricing regulations. Optimize and protect prices globally throughout the entire lifecycle of your product. Thank you for your interest in Model N. Please submit the form and our sales team will contact Automated validations identify outliers in claims through aggregated or prescription-level utilization data validations. in GPO, IDN, health system and local hospital agreements and provides Discount Reallocation Management (DRM) keeps customers compliant with the mandates outlined in the Deficit Reduction Act (DRA). Model N is the leading provider of cloud revenue management solutions for life sciences and high tech companies. so pharma manufacturers can navigate the complex requirements for formulary, simulate IRP events, and derive insights. Regulatory Update Packs (RUPs) ensure compliance with current guidance. Model N (MODN) is benefiting from robust adoption of its revenue cloud platform and steady progress in transformation to a SaaS-based model, as reflected in … Pharma companies have determined that a strategic and unified solution to establish accuracy, confidence, compliance, and a single version of truth is critical in today’s environment. Driving mission-critical business processes such as pricing, quoting, contracting, regulatory compliance, rebates, and incentives, our software helps companies know and grow their true top line and maximize every revenue moment at speed and scale. Government Intelligence enables Medicaid analysts to generate self-service reports for rebates paid to different states for different programs. Eliminate revenue leakage in payer and provider contract pricing and rebating. Pharmaceutical manufacturers are unknowingly leaking as much as 6% of their revenue due ineffective systems, On average, pharma organizations pay 25-31% of revenue in rebates with heavy penalties for late payments, Executives report that the number of individual revenue execution moments at their company has increased by more than 10 times in just 5 years, “Once we implemented Model N, what used to take weeks, now takes minutes.” strategy into execution, and optimizes business insights into ongoing operations. view all products Right block From reshaping the quote to cash process, to transforming engagement with channels partners, to achieving excellence in global product launch, Model N enables digital reinvention with industry-specific solutions that maximize revenue. Find detailed stats on Model N revenue on Craft. membership visibility with actionable analytics to field sales and National Deal Management from Model N is the only solution that can provide Medtech companies Do the numbers hold … Driving mission-critical business processes such as … Medicaid complies with government calculation and reporting requirements, translates complementing your investments in other enterprise technology platforms such as ERP, CRM, Model N, Inc . is a research study, commissioned by Model N.  We polled 300 life sciences and high tech executives in North America. Model N’s Payer Management keeps contract documents in a single repository, Model N has over 60 deployments of rebates and incentive management with some of the largest brands in the world managing the entire continuum from program definition, to POS validation through to payment approval and analysis. Get the insights and controls you need to win more tenders at the right price. 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