State Price Transparency Management

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  Model N supports the complex business needs of the world’s leading brands in pharmaceutical, medical device, high tech, manufacturing and semiconductors across more than 120 countries, including Pfizer, AstraZeneca, Sanofi, Gilead, Abbott, Stryker, AMD, Micron, Seagate, STMicroelectronics, NXP, Sesotec, and Southern States.
  
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Contact Sales

Services & Support
- Services & Support
  To ensure you get the most out of your Model N investment Model N provides a complete set of professional Customer Success, Services and Support offerings designed to further your business and IT success.
  
  service overview
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Resources
- Resources
  Research Report
  
  2024 State of Revenue Report
  C-level executives believe leveraging data is the key to shifting from managing revenue to truly optimizing it. Learn why data is the new currency in revenue management.
  
  Read Now
- Right block
  - Col1
    - INSIGHTS
    - Case Studies
    - eBooks
    - Infographics
    - Product Briefs
    - Reports
    - Use Cases
    - Whitepapers
    - Videos
  - Col2
  - Col3

Company
- Company
  Model N supports the complex business needs of the world’s leading brands in pharmaceutical, medical device, high tech, manufacturing and semiconductors across more than 120 countries, including Pfizer, AstraZeneca, Sanofi, Gilead, Abbott, Stryker, AMD, Micron, Seagate, STMicroelectronics, NXP, Sesotec, and Southern States.
  
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Customer Successes

"“Working with Model N Business Services allows me to build out my team around strategic processes rather than administrative work.” "

Yvonne Hilsky, Head of U.S. Market Access, Moderna

Model N State Price Transparency Management

Navigating through the disparate pricing regulations on a state-by-state level can be challenging and time consuming. Model N State Price Transparency Management delivers the right balance of automation, flexibility, and diligence to ensure price transparency reporting is accurate and delivered on time. Examples include the ability to:

Manage legislation rules
Define state-specific report content and formats
Auto-generate reports
Enable cross-departmental visibility and collaboration

Support state-by-state price regulations with an automated process and reduce the manual burden

Generate and deliver all reports on time and with the data and formatting required per each state

Governance

Track and record all activity in a single application for simplified evidence collection in the event of an audit.
Reproduce previously created reports for on-demand access.

Report templates and on-demand generation

Address unique reporting needs, including data fields, rules, and formats.
Autogenerate reports based on each state’s unique triggering events to ensure state-specific timelines are always met.
Access pricing, product, and other required data via integration with Model N Revenue Cloud and other systems.

Legislation repository

Configure legislation rules based on state specific regulations.
Update rules as regulations change or new states enact laws.

What-if analysis

Analyze potential downstream impacts of future pricing or product events, such as price increases or new product launches.

US States have enacted Drug Pricing laws since 2016

State Price Transparency Management brings key features together to deliver operational excellence

Legislation Repository

Configure and manage each state’s unique transparency requirements

Report Template Repository

Define and store reports that provide all required data in the proper format

Report Scheduler

Define the date specifications and rules for each required report

Governance

Promote cross-departmental visibility and track approvals

What-If Analysis

Simulate pricing events and determine impact on reporting

Model N’s State Price Transparency Management is the only solution that automates the entire end to end process from Legislation Management through Report Generation

Turn a manual, labor intensive process into an automated, seamless one

Avoid costly fines due to late-arriving or missed reports
Provide proof of report submission and reproduce any report on-demand
Never miss a price increase or product launch event
Spend more time analyzing impact of price increases and less time on report formatting and generation
Single, Integrated Platform: Integrate State Price Transparency Management with your Model N Provider management solution