Model N Inc (MODN)

Overview

Model N, Inc. is a leading provider of cloud-based revenue management solutions tailored for the life sciences and high-tech industries. Operating both in the United States and internationally, the company assists its clients in maximizing revenues and minimizing financial risks through a suite of comprehensive services and technologies. Model N addresses the complex landscape of global pricing, tender management, and regulatory compliance with an aim to enhance profitability and operational efficiency for life sciences and high-tech companies. Having been incorporated in 1999, Model N has established its headquarters in San Mateo, California, and continues to serve a diverse range of large, mid-sized, and small manufacturers worldwide via its direct sales force.

Products and Services

• Global Pricing Management - Helps minimize price erosion of products by enabling strategic pricing decisions across global markets.
• Global Tender Management - Enhances revenue through segmentation and targeting, optimal bid pricing, and post-award tracking.
• Provider Management - Aims to minimize rebate overpayments through effective management of provider relationships.
• Payer Management - Addresses revenue leakage and contract compliance complexities with payers to ensure optimal financial outcomes.
• Government Pricing - Optimizes revenue and reduces the risk of fines and penalties through compliance with government pricing regulations.
• Medicaid - Enhances compliance with regulatory requirements for Medicaid programs, ensuring timely and accurate rebate payments.
• Validata, State Pricing Transparency Management, Advanced Membership Management, Intelligence Cloud - Various solutions aimed at improving pricing transparency, membership management, and data intelligence.
• Deal Management - Increases deal conversion rates and ensures pricing consistency across transactions.
• Deal Intelligence - Provides insights to control price concessions and determine ideal pricing strategies.
• Channel Management - Offers manufacturers insights into inventory levels, price protection, and stock rotation, aligning inventory with quotes.
• Market Development Fund Management - Streamlines the MDF process to reduce revenue leakage and improve promotional investment returns.
• Rebates Management - Centralizes control over rebate programs to ensure efficiency and compliance.
• Channel Data Management - Automates collection, cleansing, validation, and standardization of channel partner data, including POS, inventory, and claims.
• Payment Management - Offers solutions for the streamlined management of payments and financial transactions.

In addition, Model N provides a wide range of services including implementation, application, business, strategic, and customer support services aimed at ensuring the successful deployment and utilization of their solutions by clients worldwide.