The Power Of Patient Advocacy In Pharmaceutical Development :The Advocate

Patients deserve to have their voices heard by the healthcare industry. Their input can not only improve the quality of their own care, but also that of many others with similar needs. It also sheds light on under-recognized sources of demand in the industry and opens up new opportunities for professionals who have the skills to fill that demand with new solutions.

To this end, our research team at The Brooks Group publishes an annual report on patient advocacy in the healthcare industry. Our pharmaceutical market research publication (The Advocate: Supporting the Patient Voice) has all of the information you need to assess the state of patient advocacy in the healthcare market and determine how to better align your company's offerings with patients' stated needs.

What Is The Advocate?

The Advocate: Supporting the Patient Voice is an annual market research report published by The Brooks Group that first debuted in 2018. It was preceded by our publication STAR: Successfully Targeting Advocacy Relations, which ran from 2010 to 2017.

The Advocate comprises information from 103 healthcare companies and 37 professional organizations spanning over 18 therapeutic areas in total. It includes both quantitative and qualitative data to create a more holistic and compelling picture of patient needs.

To complete our data set, we also conduct 45-minute follow-up interviews with a selection of the top organizations in the healthcare industry. These interviews give these organizations a chance to comment on their patient advocacy efforts in more detail and outline the areas they plan to work on in the near future.

Our Goals for The Advocate

In each edition of The Advocate, we strive to:

• Help the pharmaceutical community better understand patients' needs
• Provide an overview of how each organization is viewed by the patients it serves, facilitating improvement both internally and within the industry as a whole
• Create a set of consistently measured annual benchmarks that can be used to chart progress toward major patient-centered goals

Why It Matters

Patient advocacy is more than a professional courtesy – it is a fundamental duty within the healthcare industry.

The goal of all healthcare is to improve patients' health and quality of life. Providing treatments for disease only accomplishes part of that goal. Patients must have a platform to express their needs and priorities. Patient advocacy gives this vulnerable population a voice and makes it more likely that they will receive treatments that suit their budget, lifestyle, and overall health requirements. Advocacy work may even prompt companies to develop therapies for some conditions that are currently overlooked.

Since patient advocacy information is essentially an expression of demand, it also has significant repercussions for the sales side of healthcare. Major payers often shift their buying habits in response to patient feedback. Top healthcare consulting firms emphasize the importance of this relationship when advising clients on how to navigate changing markets.

Account managers who do not take the time to keep up with the latest patient advocacy reports may suddenly discover that their pitches are no longer resonating with their clients. In contrast, keeping up with this information on a yearly basis allows healthcare sales professionals to make timely propositions that address concrete, documented patient goals.

Bridging the Gap Between Patients and Industry

Investing in patient advocacy research could significantly improve your company's ability to close sales and make meaningful investments with appreciable ROI. The Brooks Group makes it easy to upgrade your workforce's skills with account management training courses, healthcare executive training, market research, and more. Contact us today to learn more about how your organization can receive access to The Advocate or to sign up for our any of our industry-leading healthcare sales training courses.

This blog was originally posted on https://thebrooksgrouponline.com/2022/05/power-of-patient-advocacy-in-pharmaceutical-development-the-advocate/

How is Digital Health Revolutionizing the Healthcare Industry?

Digital technologies have crept into every facet of daily life, and the healthcare industry is no exception. Digital health is the latest trend set to revolutionize the healthcare industry.

This new model of care will change everything from research and development to patient care outcomes – no aspect of the field will be left untouched. Understanding this phenomenon, its benefits, and the opportunities it presents can help healthcare and pharmaceutical professionals adapt their practices to the new digital paradigm.

What is Digital Health?

Digital health is the process of integrating new digital tools into the healthcare industry. Using technologies like wearables, connected devices, and software applications, physicians and other healthcare professionals can collect vast amounts of health data from patients. This allows them to get a more well-rounded, accurate, and timely picture of each patient's health status, sometimes on a real-time basis. They can then offer high-quality care even at long distances.

Benefits of Digital Health

Healthcare providers who adopt the digital health paradigm benefit in many ways, including:

• Better communication. Patients who are treated using digital health technologies can communicate directly with their doctor for most of their treatment, facilitating trust and openness between both parties. Patients do not need to discuss their health information with receptionists, assistants, and other people who may be present in a typical clinic setting.
• Accelerated treatment. Because digital health solutions are usually extremely efficient and require very little human input, patients treated with these technologies can receive treatment much more quickly than someone being treated using conventional methods.
• Lower costs. Digital health technologies make it easier to deliver quality care with fewer resources. This benefits healthcare providers, insurers, and patients alike.
• Increased accessibility. Digital technologies like telemedicine solutions allow more people in need to access healthcare services, even when they live hundreds of miles away from the specialists they need to see.
• Improved knowledge of patient profiles. Digital health allows healthcare providers to access patient health data directly using a single touchpoint, improving their ability to assess each patient's condition and relay accurate information to them.

Digital Health and the Pharmaceutical Industry

Digital health has also made a noticeable impact on the pharmaceutical industry.

Now that electronic health records are more widely used, patients' health information is being recorded in a standardized and easily accessible format for the first time. This shift gives researchers and healthcare providers access to more detailed patient health profiles, including current vitals readings and records of any comorbidities each patient has.

This information unlocks a whole new realm of possibilities for drug companies. Researchers can use it to develop drugs that are targeted to specific presentations of a particular condition. They can also determine which type of patient responds best to each medication and market their products appropriately. This process can be aided by AI-powered drug discovery methods that can experiment with thousands of chemical combinations to find the formula that produces the desired effects.

Digital Health and Pharma Sales

These opportunities presented by digital health technologies have additional implications for pharmaceutical sales.  Account managers who factor digital health advancements into their services and pitches will be the most successful in this new reality.

To do this, salespeople will need access to specific tools. Pharmaceutical market research is critical to keeping abreast of new developments powered by digital health technologies. Account management training courses can refine professionals' ability to tailor their pitches to customer needs. Pairing the two together gives account managers the skills and knowledge they need to seize the opportunities before them.

Don’t Let Your Company Get Left Behind

As one of the top healthcare consulting firms in operation today, The Brooks Group recognizes the importance of staying up to date with the latest digital health developments. We offer a multitude of services designed to improve market knowledge and sales skills in healthcare professionals, including healthcare executive training and managed care training. Contact us today for more information on any of our world-class training programs or to sign up for an upcoming session.

This blog was originally posted on https://thebrooksgrouponline.com/2022/05/how-is-digital-health-revolutionizing-the-healthcare-industry/

Career Advancement Tips for Pharmaceutical Sales

Working in a pharmaceutical sales role is a challenging task that many professionals find very rewarding. However, most people strive for improvement in status, recognition, and responsibilities, continuing over the course of their careers. Whether you are just starting out in this field or are hoping to make some progress after a few years of stagnation, these five tips will help you set the stage for the career progression you desire in pharmaceutical sales.

1. Set Clear Goals

You know you want to develop your career, but have you given any thought to what that development should look like?

You may want to develop professional renown based on your in-depth knowledge of the pharmaceutical industry. Perhaps you would like to make it into the executive suite one day. You may even want to shift your focus altogether and break into the medical device, or biotechnology space instead. Identify what meaningful career progression looks like to you, then use that information to determine which skills you need to develop through education or practical experience. This will help you chart your course to greater heights.

2. Develop Your Resiliency

Even the best sales representatives will encounter the occasional roadblock during their career. Not all your pitches will be well-received, and you may even lose some long-term clients due to problems like economic downturns or corporate restructuring.

These things are disappointing, but they are also unavoidable at times. A good salesperson views failures as an opportunity to learn and improve. Instead of becoming discouraged over these setbacks, ask yourself what you could do better next time. These reflections will help you identify the weak points in your sales approach and determine what needs to be done to improve your skills in that area.

3. Network Frequently

Finding success in pharmaceutical sales often comes down to relationship-building – not just with your current clients, but also with other contacts within your field. Trade shows are an excellent place to find new prospects with whom you can slowly establish trust. Professional organizations like the National Association of Pharmaceutical Representatives are another good resource.

4. Find a Mentor

There are many things about sales that can only be learned through experience. Finding a mentor allows you to learn from their experience instead of having to find these things out on your own.

Connecting with a more experienced sales professional gives you access to someone who can guide you through the finer points of your role. Your mentor may also have received additional training that you have not. For instance, they may have undergone advanced courses like healthcare executive training to prepare to step up to higher roles. They can impart some of this knowledge to you and let you know which types of training have been most valuable to their career trajectory.

5. Invest in Continuing Education

Finally, be sure to keep up with your professional education over the course of your career. Earning a postgraduate degree is one way to show your customers you have advanced scientific knowledge. This can help you win their trust, but it will not necessarily make you a better salesperson.

A better approach is to invest in individual continuing education courses. Many top healthcare consulting firms offer training specific to the pharmaceutical industry. The knowledge imparted through these courses is immediately applicable to your daily work. You can use this information to generate impressive results and have a tangible impact on your company's bottom line. Proving your value in this way makes you an excellent candidate for the raises, promotions, and other benefits that establish career progression.

Get Ahead with Professional Healthcare Sales Training

Your career will not build itself: it is up to you to take the steps needed to accomplish your goals. Invest in your future potential with professional training from The Brooks Group. Our pharmaceutical market research services and account management training courses have helped many a trainee develop into a leader in the healthcare industry. Contact us for more information on any of our healthcare training courses and begin working toward industry prominence.

This blog was originally posted in https://thebrooksgrouponline.com/2022/04/career-advancement-tips-for-pharmaceutical-sales/

Refresher Training Enhances Retention by 35%. Do you need one?

 

Workers in the healthcare and pharmaceutical industry are required to possess extensive specialized knowledge, and compliance is paramount in every role. Healthcare executives and account managers are expected to cultivate a deep understanding of their company's products, their customers' pain points, new shifts in the healthcare market, and much more.

With so much to remember, it is no surprise that some of the specifics, especially new information that is not attached to years of experience begins to fizzle out after the training courses. Healthcare consulting companies often recommend refresher training to help with knowledge retention. Providing refresher training to your staff may boost retention rates by up to 35%.  

What is Refresher Training?

Rather than teaching new skills and concepts, refresher training is used to review information the learner has already been through. It may also be used to update learners on new developments in topics they have already covered or to clarify certain company-specific concepts during an employee onboarding training program.

Benefits of Refresher Training

Aside from increased retention, some of the improvements you can expect to see following a round of refresher training include:

•    Increased efficiency.
•    Higher compliance.
•    More confident employees.
•    Better awareness of new products and industry trends.
•    An improved ability to identify gaps in skills and knowledge among the team.

When is Refresher Training in Order?

The following five situations are some of the most common instances in which your organization may benefit from refresher training.

1. When Repeated Mistakes are Being Made

Everyone makes the occasional mistake, but when the same mistakes surface over and over again, there may be some confusion over what is expected for certain tasks. Refresher training helps to clarify these expectations, ensure that standard procedures are being followed, and create a consistent experience for your customers.

2. When New Information Must Be Disseminated

The world of pharmaceuticals and biotech is fast-paced and unforgiving. Healthcare executive training teaches the information that is relevant at the moment, but what is cutting-edge today may become obsolete tomorrow. Without regular refresher training, employees may struggle to keep up with changes in internal policy or new developments in the field.

3. When Tech is Being Underutilized

Technology is becoming an increasingly prominent part of the healthcare industry, even for executives. If your company has implemented new tools (such as a new CRM system or an appointment scheduling tool) that are not being fully leveraged, refresher training that reminds employees how to use these solutions may help to boost their adoption rate.

4. When Productivity is Declining  

When employees are unsure of how to properly do their jobs, their performance often begins to slip. If you've noticed declining revenue, lower customer retention rates, or rising turnover among your employees, some refresher training may be able to correct the problem.

5. Customer Relationships Are Suffering

Maintaining strong links with current customers is key to the stability of a business. If your customers are expressing dissatisfaction with the way their accounts are being handled, a fresh round of account management training can help to remind your staff of how they can meet those customers' needs.

Refresher training may be delivered in a variety of formats, including in-person and online. Companies can develop customized refresher training courses by using The Brooks Group's instructional design services to translate their content into lessons, quizzes, and other educational resources.

Building Employee Confidence for Future Success

Your organization cannot thrive without confident staff who are sure of their abilities and their role. Solidifying key concepts with refresher training is an investment in both the satisfaction of your current customers and your organization’s future. Contact The Brooks Group today to build refresher training programs for your company.

This blog was originally posted on https://thebrooksgrouponline.com/2021/06/refresher-training-enhances-retention-by-35-do-you-need-one/

Understanding Managed Care in 2020 and Beyond

The foundation of sales or account management is understanding clients’ needs. Keeping up with managed care trends and knowing where the market is headed, helps with anticipating needs and providing a higher level of service to clients.

Here are the major trends impacting the healthcare landscape in 2020 and beyond.

The Changing Healthcare Landscape

Managed care began with a simple goal: to decrease the cost of healthcare in the United States. But while most managed care plans were focused on cutting costs, they didn’t give much thought to consumers. Managed care became a one-size-fits-all healthcare solution for everyone.

To provide personalized care at an affordable cost, there have been several advancements in the managed care landscape including Accountable Care Organizations (ACO) and the Affordable Care Act (ACA)—otherwise known as Obamacare. The ACA offers consumers more options to choose and fine-tune their healthcare coverage, while ACOs allow healthcare providers to focus on the quality of care rather than cost.

This has led to changing the healthcare landscape from cost-based to consumer-based. Plus, as more people are becoming eligible for Medicaid due to its expansion, managed care plans are being forced to change their products, programs, and benefits to be more consumer-centric to keep up with the increased demand.

Looking Beyond 2020

The future of managed care is consumer-focused. Instead of focusing on how to pay for care, most managed care plans are now centered around what consumers need and how to compete in the changing landscape. Here are some of the major trends impacting the future of managed care:

1. Telehealth and Remote Healthcare Options

Telehealth has seen significant adoption in the healthcare industry over the past several years. More and more healthcare providers are choosing to offer remote, virtual care to their patients to help cut costs both on their end and for their patients.

While many might think of telehealth as a trend born of the COVID-19 pandemic, research shows that remote healthcare is here to stay. Over 83% of patients expect to continue using virtual appointments even after the pandemic is resolved.

2. Medicaid Expansion

In 2018, new legislation was introduced to expand Medicaid coverage to even more Americans. Of course, the wheels of the government move slowly, so many states have yet to adopt the new legislation and referendums.

In the upcoming years, expect states to continue expanding Medicaid coverage. Health systems will need to care for an increased number of patients without sacrificing quality. To support the increased demand, small healthcare organizations and hospitals will need to merge and contract more specialty services with other companies to handle the workload. This means a more collaborative healthcare landscape.

3. Machine Learning and Artificial Intelligence (AI)

Trillions of dollars have been poured into advancements in machine learning and artificial intelligence to create a space where data modelling is readily available to patients, healthcare providers, and industry professionals. 

For managed care providers, this means access to more meaningful data than ever before. It’ll become simpler to research trends and use predictive analyses to anticipate needs, leading to a higher quality of personalized patient care.

4. Consumerism

Patients now have more access to information and managed care choices. People are looking for the lowest cost managed care plans that best suit their unique needs. With this switch to consumerism, government bodies have been pushing healthcare providers to offer transparent pricing and quality scores to simplify choices for consumers.

Stay in the know with our Managed Care Seminars

Account managers in the pharmaceutical and biotech industries are expected to have a strong knowledge of the changing trends in the healthcare system and the factors driving it, so that they can anticipate the implications of their customers and address their needs and concerns with competence.

The Brooks Group offers managed care training seminars to get your team to understand and keep up to date with the latest trends in the managed care landscape. 

If you’re interested in learning about our other healthcare executive training programs, contact us. You can also register for classes using our online portal. Custom classes for your team are available upon request.

This blog was originally posted on https://thebrooksgrouponline.com/2020/12/understanding-managed-care-in-2020-and-beyond/

5 KEY PRESENTATION SKILLS THAT HEALTHCARE EXECUTIVES NEED TO DEVELOP TODAY

At the executive level, success depends a lot on effective communication. This is particularly true for healthcare, where entities frequently rely on one another for insights into healthcare market research, strategic goals and leadership development.

Innovations move fast in healthcare, and executives who want to keep pace will need to relay these insights to key participants within their organization, as well as other entities through presentations, boardroom meetings, or other speaking engagements. To this end, they need a communication strategy that gets the information across in a clear and concise manner, and demonstrates leadership, competence, and confidence.

These are the fundamental traits to have when presenting to strategic-level personnel, and they’re achievable by first nailing down a few essential presentation skills, noted below.

1. Develop the Right Content Structure for Effective Presentations

Presentations given to healthcare personnel must be well-designed, and logical. They need to speak to the benefits of new healthcare methodologies and get clinicians on board. For these audiences, content should be created with the following elements in mind:

• Clear objective setting
• Strategic focus of the content
• Logical structuring of material
• Establishing relevance to the audience’s area of work

In other words, it all starts with the content and how well it is structured.

2. Manage Distractions During Presentations

Technical problems. Memory lapses. Co-presenters going off-script. Distractions are inevitable. It’s how the presenter deals with them that matters.

Managing distraction is a function of experience and deliberate application of personal skills around voice and body language. Healthcare executives don’t need to be clever or quick on their feet to manage distractions; they just need to apply the same skills-based approach to distractions as they do to their other presentation goals. With the right healthcare executive training, presenters will have all the tools they need to stay one step ahead of such disruptions.

3. Leverage Media Tools to Support Verbal Messages

Slideshows and handouts are old favorites, but to be effective in today’s world of short attention spans, executives need to take things one step further. These days, interactive multimedia presentations are the easiest way to keep audiences engaged.

Modern digital media like 3D modeling and simulations, infographics, gamification, can all be leveraged to create interactive learning experiences for audiences. After all, the best healthcare presentations don’t simply speak to audiences. They’re customized with specific audiences in mind and built to facilitate participation and thoughtful dialogue.

The idea here is to determine the best combination of technologies to engage each audience and leave them with a “wow” factor that makes them eager to hear more!

4. Identify & Manage Varying Types of Audience Participants

It’s common to feel alone up there on the platform. But presenters aren’t alone – not when they’re familiar with their audience and how they can help reinforce the presenter’s goals. Some audience members may be supporters an executive can turn to for validation; others may be detractors, or “fence-sitters” that jam up a group consensus.

Learning to identify and manage these participants helps healthcare executives retain control during presentations and create better engagement among attendees.

5. Create Purposeful Audience Interaction

Healthcare is a dynamic industry, and healthcare presentations need to follow suit by engaging audience members and driving purposeful results from their participation.

But it isn’t easy to shake attendees out of apathy and get them involved in the discussion, which is why it helps to have dedicated training from healthcare consulting firms on the best way to create purpose-driven interactions in each presentation.

Healthcare Executive Training Begins With Communication

The above are just a few essential presentation skills that effective healthcare executives should know, but they’re only the tip of the iceberg in terms of what’s possible. The Brooks Group provides detailed presentation training through our Carpei Audientiam program, specifically designed to enhance executive presentation skills and the way they connect with their audience. Registration is available through open enrollment sessions here, or by custom course with your organization.

This blog was originally posted on https://thebrooksgrouponline.com/2020/11/5-key-presentation-skills-that-healthcare-executives-need-to-develop-today/