Medical & Surgical
Precision empowers B2B medical and surgical companies to unlock new avenues for innovation and growth. Our data analytics solutions help you rethink and refine your commercial models, optimize portfolio management, and accelerate R&D, driving your business forward.
Medical & Surgical
Precision empowers B2B medical and surgical companies to unlock new avenues for innovation and growth. Our data analytics solutions help you rethink and refine your commercial models, optimize portfolio management, and accelerate R&D, driving your business forward.
Service Breakdown
Medical and surgical (Med-Surg) companies have been feeling the stress of inflation and pricing pressure since the COVID epidemic began. The price of medical equipment and supplies increased by 5%+ (2021-2022), outpacing revenue growth for many healthcare systems. This has put pressure on suppliers to absorb costs or raise prices further, putting companies in an extremely difficult situation.
By leveraging actionable insights, we address key challenges in the Med-Surg industry, such as enhancing distributor-manufacturer collaboration, optimizing sales performance, and strategically allocating resources for the highest return on investment.
Precision's Med-Surg areas of expertise:
- Acute Care
- Long Term Care
- DME/HME/Home Care
- Primary Care
- Ambulatory Surgery Center (ASC)
- EMS
- Other
- GPOs
- Packaging
- Wholesale
Working Together
Distributor/Manufacturer Collaboration
Improve your business relationships with actionable data informatics. Precision can help you identify your most profitable and strategic partners, revealing opportunities to drive mutual profitability through category management initiatives, sales team alignment, incentive program maximization, and more.
Sales Benchmarking
Understand how your sales stack up against your competition in each end-user segment and category you play in using data insights from Precision. Know the answer to imperative commercial sales questions:
“Is your share with your key distribution partners growing or declining?”
“Which category and vertical segments are primed to grow the most in the next year?”
Data Insights & Analytics
Ensure dollars are invested in the right areas to maximize ROI. From understanding how each category’s role fits into your overall value proposition, to measuring your preferred distributor / manufacturer partner’s performance, Precision can provide the data insights you need to run your business more effectively.