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Brand-name drug
makers are fighting for a shrinking share of premium real estate on
prescription drug formularies as generic drug competition and medical
costs continue to rise. A shift in consumer and prescriber drug
preferences could hurt revenues for pharmaceutical and life sciences
companies in the U.S. that don’t accelerate efforts to prove value and
build trust with doctors, hospitals and health plans.
Physicians, health insurers and patients now want to know how well a
drug will work and affect total medical costs. Yet, health plan
leaders find the information currently provided by the
biopharmaceutical industry no longer suffices. As the basis for payment
shifts to improved patient outcomes, health organizations are looking
for more robust evidence of clinical and economic comparative
effectiveness. Drug makers that have faced challenges with formulary
acceptance or reimbursement levels will need to speed their efforts to
create and reliably demonstrate better outcomes for patients.
Pharmaceutical companies that are first to meet healthcare’s new
expectations of value could have an advantage in the competition for
market share and brand differentiation.
In this session, the changing payment landscape for the US
pharmaceutical industry is examined, with a look at how health insurers
view evidence of drug effectiveness, contracting strategies and
relationships with pharmaceutical companies. Five major forces
dramatically altering pharmaceutical revenue models are examined,
including: (1) pharma's big bet on biologics; (2) the movement toward
outcomes-based payments; (3) the demand for more and better data; (4)
patient compliance; and (5) technology and increased transparency.
Please join PwC's Christopher Khoury on Thursday, August 9th, 2012 as he
presents PwC research findings and explores potential paths for drug
manufacturers to unleash value, improve clinical and economic evidence
of comparative effectiveness, and build trust with other health
organizations.
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Participants will be able to:
- Understand the five forces
dramatically altering pharmaceutical revenue models
- Consider health plan
perspectives on evidence of drug effectiveness, contracting
strategies and relationships with pharmaceutical companies
- Explore the implications for pharmaceutical companies,
health plans, PBMs, and other applicable
stakeholders regarding PwC research findings
- Examine how pharmaceutical organization and health plan
relationships will evolve, and how stakeholders should position
themselves for future success in this arena
- Engage in interactive learning through online question
submission, attendee feedback and opportunity for follow up
questions, and networking with attendees, faculty and other
professionals through dedicated LinkedIn group
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Interested attendees would include:
- C-Suite Executives
- Prescription Benefit Executives and Staff
- Pharmaceutical Managed Market Executives and Staff
- Medical Directors
- Pharmacy Directors
- Comparative Effectiveness Executives and Staff
- Contracting Executives and Staff
- Strategy and Planning Executives and Staff
- Business Intelligence Staff
- Other Interested Parties
Attendees would represent
organizations including:
- Pharmaceutical Organizations
- Health Plans
- PBMs
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Employers
- Third Party Administrators
- Benefit Consulting Organizations
- Provider Networks and Accountable Care Organizations
- Hospitals and Health Systems
- Solutions Providers
- Associations, Institutes and Research Organizations
- Media
- Other Interested Organizations
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Individual Registration Fee: $195. Audio Conference CD-ROM: $40
for attendees; $285 for non-attendees after the event.
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Christopher Khoury,
MSc, MBA
Senior Manager,
Health Research Institute,
PwC
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Christopher Khoury is a Senior Manager of the Health
Research Institute (HRI). HRI is a dedicated research group
that provides new intelligence, perspective, and analysis on
major health-related business issues. Christopher's primary
focus is pharmaceutical, life sciences and biotechnology
thought leadership and research initiatives.
He has worked in the healthcare sector for 12 years. Prior
to joining HRI, he advised clients on workplace, customer,
and brand strategy issues in provider, philanthropy and
government health sectors. He previously worked in life
sciences R&D, product development, and as a data manager at
an academic medical center.
Christopher is the author of several publications and spoken
presentations on health, technology, and management subject
matter. He also holds patents covering biotechnology
subjects. Christopher earned an M.B.A. from The Ohio State
University Fisher College of Business magna cum laude.
Christopher received his B.S. from the University of
Illinois and holds an M.S. in biomedical engineering from
the University of Wisconsin.
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