Model N | Partner Portal - meddev

12/06/2020

Taking the Risk Out of Revenue With growing competitive pressures and increasing risk of government regulatory oversight, medical technology manufacturers face an unprecedented level of complexity in managing sales and revenue. The challenges are magnified because many of the processes and systems related to the revenue life cycle are spread across multiple departments in the organization. As a result, it is common to find poor hand-offs between pricing, contracts, and settlements processes, and gaps in monitoring and documentation which, when combined, lead to significant revenue leakage and regulatory compliance exposure. Model N Revenue Management Suite for Medical Technology The Model N Revenue Management Suite for Medical Technology introduces a new solution to the challenges facing leading medical technology manufacturers today. The suite links the currently disparate processes of pricing, contract creation and managment, performance compliance, and payment of settlements through a combination of industry best practices and breakthrough software technology. Sharing a common technoogy platform, the applications provide complete control of the processes across the revenue management life cycle as well as integrated regulatory compliance controls.