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I-many Medicaid Analytics™

Meet Financial Forecast Challenges

Quarterly financial reporting and providing accurate guidance to investors and shareholders present challenges to Life Sciences companies. Medicaid program rebates complicate these processes because they require accruals based upon estimate exposure. When it comes to financial reporting, the risks are high—failure to adequately forecast all expected costs can result in turmoil to the company stock, and potential changes, driven by new programs and contracts, create new uncertainties for the finance department.

I-many Medicaid Analytics, one of the I-many Contract Management Suite for Life Sciences™ solutions, optimizes, enhances and dramatically streamlines the Medicaid contract-analysis process allowing users to perform various “what if” analysis on Medicaid, supplemental and state programs. Manufacturers can easily evaluate and understand the impact of changes to average manufacturing price (AMP), best price (BP) and other parameters on their Medicaid liabilities. The solution also provides powerful tools to forecast future liabilities and to evaluate the revenue impact of changes to current programs or of joining new supplemental programs providing manufacturers with the data needed to improve their contract decision-making power.

Compelling Key Benefits

• Integrates with I-many Medicaid Rebates and I-many Government
  Pricing eliminating the need to re-enter complex program formulas
  and ensuring all historical data is captured and can be leveraged.
• Provides quick access to data through an easy-to-use graphical user interface (GUI) for fast analysis turnaround.
• Includes standard, out-of-the-box metrics, such as rebate per unit
  (RPU), total rebate, net and gross revenue, utilization and margin percentage—all of which can be configured to meet the unique requirements of your business.
• Includes the powerful formula editor to configure each metrics’
  calculation formulas, as well as add new metrics, such as customized return-on-investment (ROI) calculations.
• Provides automated scenario creation, and analysis and comparison
  via a graphical dashboard.
• Enables manufacturers to determine appropriate Medicaid accruals
  for future periods, in addition to best case, worst case, and expected rebate-accrual scenarios.
• Allows analysis of multiple programs within a single set of analysis assumptions, for example, analyzing the impact of an AMP change
  across all programs.
• Allows users to save forecasts and compare them against actuals to determine current forecast performance and streamline future
  performance.

Click on the following products for more information:

• I-many Contract Manager™
• I-many CARS® NG
• I-many Chargeback Verification
• I-many Government Pricing™
• I-many Medicaid Rebates™
• I-many Validata™
• I-many Medicaid Analytics™
• I-many CARS® BI
• I-many Architecture