Navigate the Shifting Landscape of Medical Device Revenue Management
Discover how to stay competitive as pricing pressures rise, commercial strategies grow more complex and the industry is reshaped by 4 key trends.
Hear from Alejandra Garitonandia, Industry Principal for Life Sciences at Vistex EMEA
And Bob Stelle, Industry Principal for Life Sciences at Vistex North America
Unlock new ways to set the right price, embrace emerging pricing models and overcome your most urgent market challenges. Start your journey toward smarter, more sustainable revenue strategies — backed by insight, innovation and the right tools to drive change.
Start Your JourneyThe power of a well-orchestrated end-to-end software solution delivers 360° visibility into revenue and margin management through the pillars of plan, execute, analyze and run.
Access a single source of truth for all master data to improve clarity, reduce complexity and confidently close the books.
Secure more contracts, minimize chargeback discrepancies and reveal comprehensive Gross-to-Net insights that drive profitability, not expenses.
Turn complex data into actionable insights that minimize pricing errors, boost compliance and drive profitable choices.
Program Services: Last Year by the Numbers…
79,200 claim and tax invoice audits completed with 99.9% adherence to SLA
118,000 helpdesk inquiries with 98% adherence to SLA
20 languages supported through helpdesk and auditing services
Global Payments: Last Year by the Numbers…
2.6 Billion in funds disbursed globally in beneficiaries’ currency of choice
36,600 payment transactions
130 currencies available
Email Marketing: Last Year by the Numbers…
103 campaigns in 12 languages
93.4% deliverability
51.1% average open rate versus all industry average of 36.5%
18.23% average click-through rate versus all industry average of 1.4%
Medical Device: Success Stories
Enterprise software for
Planning
Develop strategic and tactical pricing plans to optimize revenue and margin.
Value-Based Contracting
Support unique pricing and reimbursement scenarios with non-traditional contract rules and data.
Price Management, Guidance & Optimization
Streamline end-to-end price management process – from price planning to execution, aligning pricing models with sales strategies.
Bids & Tenders
Manage tenders and bid responses from ingestion and analysis through award and execution.
Contract Management
Manage complex contracts, including direct, indirect, rental, lease and third-party agreements. Support on-invoice conditions, chargebacks and service contracts. Enable utilization models like cost-per-test, cost-per-result and outcome-based procedures. Manage bundles, subscriptions, royalties, promotions and multi-tier performance-based rebates — all in one unified platform.
Gross-to-Net
Gain insight into your profitability at the customer and product/brand level by capturing all elements of product and channel costs.
Chargebacks
Leverage a comprehensive solution that accepts
EDI 844/867 files, portal inputs and handwritten claims. Adjudicate using contracts and advanced membership and eligibility tools. Validate against guidelines, automate financial postings and resubmissions, including EDI 849 and trading partner reporting.
Accruals
Complete accrual capabilities from rate development and on-invoice GtN to financial postings and true-ups.
Rebates
Execute all customer and trading partner rebate calculations, from simple per-unit rebates to performance-based scaled rebates and complex scenarios. When provided with the necessary data sources, the platform processes any logical arithmetic formula.
Analytics
Benefit from greater operational control, provide contextual and real-time strategic analytics with deep data insights to drive profitability.
Configure Price Quote
Manage equipment configuration, multiple reimbursement models, compliance, revenue recognition, warranty and service contracts in one place.
Regulatory Compliance
Automate the calculation of required government reportable pricing and manage government rebate programs with a preconfigured solution.
Global Payment Programs
Make rapid, secure global payments in over 135
currencies while reducing operational costs and
increasing payee satisfaction and engagement.
Services
Professional services deliver your project on time and on budget. Our highly skilled experts bring deep industry expertise to the implementation and are specially trained to ensure deployment maximizes the value of our solutions.
Program Services >
Experts act as an extension of your team to deliver best-in-class program administration.
Solution Delivery >
Experts facilitate successful implementations, upgrades and post-production support.
Global Payments >
Obtain shorter payment cycles and higher security for claim audits, account reconciliation and more.
Business Advisory >
Consultants and services are a resource for efficiency and program effectiveness with analytical and problem-solving skills to help drive project success.
Training >
Global and local support teams and training programs offered online and in the classroom.
Medical Device: Blogs
Strategic solutions for Life Sciences to mitigate challenges from parallel trade
View Blog >
Gain unprecedented visibility in Gross-to-Net
View Blog >
Value-based contracting in the medical device industry: A new direction in revenue management
View Blog >
What are the right medical device pricing strategies?
View Blog >
Moving medical device innovation to a new frontier
View Blog >
What are digital health and digital therapeutics, and what role do medical device and pharma companies play?
View Blog >
View More Blogs
Explore our Medical Device Resources
Maximize revenue potential across your product lifecycle
Navigating complex pricing structures, provider agreements, GPO contracts, reimbursement challenges and evolving regulatory demands creates significant revenue management hurdles that impact your bottom line. Is your organization equipped to address these industry-specific challenges with precision?
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