hol webinar summary
TRANSCRIPT
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Best Practices, LLC
Webinar Presentation Highlights
Health Outcomes Liaisons: : The New Information Conduits for Showing Value
to Payers
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About Our Guest Speaker
Cameron Tew serves as executive director of research for Best Practices, LLC. He has led numerous projects in Medical Affairs, and specifically surrounding MSLs. He currently is completing a new project examining how to optimize the management of Key Opinion Leaders.
PHARMA
BIOTECH
PAYERS
COMMERCIAL
& R&D
HOSPITALS
MEDICAL
DEVICES
GROUP
PROBLEM
SOLVING
Client Sectors
E-mail: [email protected]
Phone 919-767-9246
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Companies Participating in Study
Benchmark Participants
Amgen, Becton Dickinson, Boehringer Ingelheim, Cubist, Daiichi-Sankyo, Endo Pharmaceuticals, Fresenius, Genentech,
GlaxoSmithKline, Janssen, Medivation, Merck & Co., Merck Serono, Pacira, Peloton, Sanofi, Sanofi Pasteur, Shire, Teva
92%
4% 4%
Represented Industries
Bio-pharmaceutical
Medical Device
Diagnostic
(n = 23)
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BEST PRACTICES,
®
LLC
Health Outcome Liaisons: Key Recommendations
High-performing HOLs have clinical backgrounds, advanced degrees,
experience in the payer industry, analytics skills and an ability to build and
maintain lasting customer relationships. Because recruiting and hiring for
this unique skillset is difficult, savvy companies invest in developing and
retaining HOL staff after they are brought on board.
Recruit & Retain
Talented HOLs
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Interviewed executives favor a generalist model, with HOLs typically
covering all major products for an assigned region.
The preference for generalization over specialization by product or
therapeutic area is customer driven, with customers favoring “one stop
shopping” and a single point of contact.
Adopt a Generalist
HOL Model
Differentiation falls along the line of emerging value-based decision makers,
though some companies are building hybrid groups
Strong business acumen to go with scientific knowledge sets HOLs apart from
other liaisons
HOLs can have greater access to clients at some levels than sales reps or
MSLs because of regulatory concerns
Differentiate HOLs
As the field becomes more sophisticated, the pathway toward a highly
developed model based on patient outcomes continues to emerge.
Stakeholders must move along the organizational maturity curve from simple
cost analysis of one drug vs. another to looking holistically at treatment,
including cost of avoidance, cost of medical vs. surgical approaches, and
patient outcomes.
Advance Along
Maturity Curve
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HOL Collaboration
HOL Role Impacts Pharma Product & Healthcare System Quality
“We provide a translation component—explain why the information matters—when we talk with customers to put actionable
information into their hands. You have to get this information out there to get feedback on how it resonates and what’s
important to the customers so that you can improve. Once we get more individuals in these positions and look at it as a
two-way equation, it’s going to be better for everyone. Because of the value of the information that we bring back, HOLs
are being given increasing responsibility and internal credibility. As a result, they are involving us more in the decision making
or strategic planning around products.” -- Interviewed Director
HOL Pharma
Company
Customer/
Thought
Leader
Collect Inform
Better Products Better Healthcare Management
Deliver Outcomes Data
Deliver Customer Feedback
Define Need Inform
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BEST PRACTICES,
®
LLC
Q. Please indicate the level of an HOL's time dedicated to each of the following activities.
Presenting Data & Delivering Speeches Are Top HOL Activities
5%
53%
6%
19%
6%
21%
5%
25%
25%
13%
25%
38%
13%
44%
44%
31%
13%
19%
24%
38%
19%
19%
56%
38%
13%
13%
6%
6%
13%
50%
Presenting
pharmacoeconomic data
Delivering
presentations/speeches
Identifying and building
KOL relationships
Advocating for higher
reimbursement rates
Developing scientific
collateral/documents
Training new HOLs
Developing product
profiles
Much time spent
on activity
Activity is a central
focus of HOLs
Some time spent
on activity
Little time spent
on activity
Primary HOL Activities
Activity not performed
by HOLs
n =
16
16
16
15
16
16
16
% Responses
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BEST PRACTICES,
®
LLC
HOLs Maximize Value by Focusing on Payer Relationships
Value Added Proposition: Differentiating By Function and Activity
Greatest Value Proposition for HOLs: • Have most influence with managed care
organizations and outcomes-focused KOLs
• Payers are more in need of clinical
data to inform decisions
• Develop specific payer communication plans
for delivering evidence based HEOR
Scientific Value Critical: • Provide medical or clinical information
to physicians
• Help companies understand where
therapeutic guidelines and practices
are headed
Medical Science Liaisons
Pa
ye
rs
Minor Opportunity for Value: • Provide health outcomes data to sales reps
to share with physicians to inform decisions
• Ensure delivery of scientifically credible and
consistent key value messages to public and
private segments
Minor Opportunity for Value
Proposition: • Field based teams charged with
calling on payers to discuss health
economic potential of company’s
brands
Health Outcome Liaisons
KO
Ls
Greater
HOL
Value
Added
Lower
HOL
Value
Added
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BEST PRACTICES,
®
LLC
On Average, Face-to-Face Visits Last 30-60 Minutes
(n=17)
Q. On average, how long does each face-to-face
visit with a thought leader last?
0%
18%
59%
18%
6%
Other
More than
an hour
30 minutes
to an hour
15-30
minutes
Less than
15 minutes
Q. On average, how long does each face-to-face
visit with a payer group/representative last?
(n=17)
0%
35%
47%
18%
0%
Other
More than
an hour
30 minutes
to an hour
15-30
minutes
Less than
15 minutes
Length of Visits with Thought Leaders Length of Visits with Payer Group
% Responses % Responses
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BEST PRACTICES,
®
LLC Copyright © Best Practices, LLC
About Best Practices, LLC
Best Practices, LLC is a research and consulting firm that conducts work based on the simple yet profound principle that organizations can chart a course to superior economic performance by studying the best business practices, operating tactics, and winning strategies of world-class companies.
9
Best Practices, LLC
6350 Quadrangle Drive, Suite 200,
Chapel Hill, NC 27517
www.best-in-class.com
Telephone: 919-403-0251