Our Services
At Veratrix, we specialize in consulting services that help pharmaceutical companies improve their interactions with payers and PBMs. Our goal is to optimize access so patients can get the medications they need. Our expertise spans payer dynamics, reimbursement strategy, clinical consulting, market access, and data analytics.
Payer Interaction Optimization
We help you understand and navigate the complexities of health plans and PBMs to ensure your drugs are optimally covered.
Payer Dynamics Analysis
Our experts analyze payer dynamics to provide insights that enhance your interactions and improve drug coverage. We help you understand payer decision-making processes and identify key leverage points.
Custom Strategy Development
We develop tailored strategies to address your specific payer challenges and opportunities. Our strategies are designed to align with your business objectives and market conditions.
Implementation Support
Our team provides hands-on support to implement the strategies effectively, ensuring seamless execution. We work closely with your team to ensure the strategies are integrated into your operations smoothly.
Payer Dynamics Education
Our eLearning course reveals and unpacks payer approaches to modeling various access scenarios to prepare your team to operate from a level position with your customers.
Medicare Part D
We create comprehensive reimbursement strategies that optimize revenue from payer contracts. Our approach includes evaluating current reimbursement scenarios and developing plans to improve them.
Inflation Reduction Act
Our team assists in negotiating contracts with payers and PBMs to secure favorable terms. We leverage our deep understanding of payer expectations to help you achieve the best possible outcomes.
Commercial Market
We continuously monitor the performance of implemented strategies, making adjustments as needed to maintain optimal results. Our ongoing support ensures that you remain responsive to market changes.
Strategy Development
Providing insights into formulary coverage and access decisions, we help you develop winning strategies, drawing on our actuarial and clinical expertise.
Formulary Insights
Detailed assessments of formulary coverage help you understand how your products are perceived and accessed by payers. We identify gaps and opportunities for improving your drug's placement on formularies.
Financial Evaluation
Evaluating the financial implications of contracting offers and their impact on drug coverage. We provide critical analyses that inform your pricing and contracting decisions.
Medicare Part D Strategy
Guiding you through the complexities of Medicare Part D, considering the IRA benefit redesign and its impact on drug pricing and contracting. We help you navigate regulatory changes and optimize your strategies accordingly.
