Case Study: a leading pharmaceutical company predicts payor mix shifts with Tredence's scenario analyzer

a leading pharmaceutical company builds what-if payor mix scenarios with Tredence

The leading pharmaceutical company faced challenges with evolving managed care partnerships and complex payment contracts, which hampered their visibility into payor performance. They engaged Tredence to create an integrated source of information to better predict shifts in their payor mix.

Tredence implemented a four-phased analytical approach, which included defining the business problem, evaluating datasets, segmenting the payor universe, and building forecasting models. This solution enabled the client to build 'what-if' scenarios and provided prescriptive direction for their future payor mix, generating product-specific recommendations based on significant factors.