Over 70% of MedTech revenue comes from contracts, yet most companies are still leaving money on the table. AcuityMD Contracts helps you unlock the full potential of your IDN and GPO agreements by embedding contract intelligence directly into your commercial workflows.
We surveyed 150 MedTech commercial executives and 100% of them agreed that their companies are leaving money on the table by not fully leveraging their existing contracts. It takes a lot of time and resources to secure a contract, so how can MedTech companies ensure they’re getting the most out of this valuable asset?
Eliminate spreadsheets and manual cross-referencing with a centralized repository for all your contracts. Our AI-powered Entity Resolution technology and curated IDN rosters accurately maps disparate contract data to your market opportunities.
Put contract intelligence directly in front of your sales team to help them prioritize opportunities that will close faster. On-contract deals typically close 40% faster because they require fewer steps to gain procurement approval.
Monitor contract penetration by product, category, or site of care, track progress toward commitments and contract tiers, and provide leadership with clear visibility into contract performance across your portfolio.
AcuityMD Contracts allowed Intellijoint Surgical to streamline their contract management, accelerate revenue growth, and change their strategic outlook around contracts. With a lean team, reducing the contract process to a simple, repeatable playbook allows them to now focus the majority of their time targeting high-value, high-volume opportunities.
“We worked with AcuityMD for Contracts about a year ago, and in the last fiscal year, we had our best month, our best quarter, and our best year. This has been instrumental in that."
Alex McLachlan
US Director, Commercial, Intellijoint Surgical
Want to see how AcuityMD meets your unique contract challenges? Give us 30 minutes and we’ll show you how quickly AcuityMD can operationalize and prioritize on-contract opportunities.
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Over 70% of MedTech revenue comes from contracts, yet most companies are still leaving money on the table. AcuityMD Contracts helps you unlock the full potential of your IDN and GPO agreements by embedding contract intelligence directly into your commercial workflows.