If you’re not already using “smart” reference IDs, you should start. Even though smart reference IDs are a Workday best practice, it’s often overlooked in Workday implementations and data conversion efforts. There’s inherent worth in determining the value of a reference ID to meet both business and technical needs. Reference IDs are one of the most important data conversion items, other than...Read More
To successfully compete in the tender and contracting (T&C) market, Life Sciences companies require a strong and robust tender organization with a global-to-local tender strategy. This “Think Global, Act Local” strategy can be achieved by implementing a Global Tender Network with country Tender Champions where the whole organization partners with multiple, cross functional, corporate groups to...Read More
The Centers for Medicare and Medicaid Services (“CMS”) and the Centers for Disease Control and Prevention (“CDC”) announced the 2017 ICD-10 coding update to be implemented October 1, 2016 and it’s a doozy. The first annual update since the partial code freeze was enacted in 2011 includes the addition of 3,651 ICD-10 hospital inpatient procedure codes and 1,900 ICD-10 diagnosis codes (a...Read More
On January 21, 2016, CMS released an advance-print copy of the long-awaited final rule on the Medicaid Drug Rebate Program (MDRP). The final rule implements various statutory amendments, revises the calculation of Average Manufacturer Price (AMP), makes certain changes to the determination of Best Price and addresses other issues relating to Medicaid price reporting and reimbursement. The...Read More
This entry is cross-posted on Understanding Centricity, Antonio's blog on Life Sciences Innovation and Commercial Excellence—Customer and Patient Centricity within Pharmaceutical, Medical Devices and BioTechnology Landscape.
The healthcare landscape continues to evolve in complexity for Life Sciences companies. The clear shift of prescribing power from physician prescription influence to...Read More