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Follow on Google News | 10 Key Changes in VAC Decisions That Shape Pricing StrategiesBy: IDR Medical 1. Value-Based Care First VACs prioritize patient outcomes over procedure volume. Manufacturers should highlight long-term clinical and economic value—such as reducing complications or readmissions— 2. Total Cost of Ownership (TCO) Purchasing decisions now go beyond the sticker price to include training, maintenance, and consumables. Transparent pricing that bundles services or offers subscription models can ease cost concerns and improve predictability for hospitals. 3. Real-World Evidence (RWE) Randomized trials alone aren't enough. VACs expect proof from real-world settings to confirm performance. Pricing strategies should include the cost of collecting RWE and may offer tiered pricing tied to proven outcomes. 4. Compatibility with Digital & AI Systems New technologies must integrate with hospitals' digital infrastructure. VACs value AI-enabled efficiencies, so manufacturers can justify premium pricing by showing how AI compatibility adds operational value. Modular pricing for AI features is another option. 5. Reimbursement Alignment Reimbursability is a growing concern. VACs assess how well a product aligns with payer models. Manufacturers should ensure pricing supports billing codes or offer flexible financing options if reimbursement is uncertain. 6. Supply Chain Reliability Ongoing supply chain disruptions have made VACs more risk-averse. They favor vendors with secure and consistent supply. Pricing strategies that reflect stable production, regional contracts, or volume discounts may boost buyer confidence. 7. Multi-Stakeholder Involvement VACs are increasingly cross-functional, with members from finance, IT, and patient advocacy. Pricing must appeal to both clinical and financial decision-makers. Flexible structures can meet varied needs across departments. 8. Sustainability Matters Eco-conscious hospitals are pushing for greener solutions. VACs are rewarding energy efficiency, recyclability, and reduced waste. Manufacturers should emphasize environmental benefits and consider offering sustainability- 9. Faster Evaluations for Innovation VACs are accelerating decisions for cutting-edge technologies. To support rapid adoption, pricing models should include limited-time offers, pilot programs, or phased payments. 10. Demand for Post-Sale Support Robust post-implementation support such as training and maintenance is now expected. Pricing should include these services in comprehensive packages or through ongoing subscription models to build long-term value and relationships. To succeed in this environment, MedTech companies must price with insight, flexibility, and a deep understanding of VAC dynamics. It's not just about cost, it's about delivering value across the patient, provider, and system level. Find out more at https://idrmedical.com End
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