MMIT

MMIT Analytics is a market access data and insights solution provided by MMIT (Managed Markets Insight & Technology). According to the vendor, this solution is designed to help businesses evaluate patient access for their brand and competitors, predict payer and pharmacy benefit manager (PBM) responses to new drug launches, analyze pharmacy and medical benefit landscapes, anticipate shifts in market share, and validate changes in payer policies. The product is aimed at companies of all sizes, including small, mid-sized, and large pharmaceutical and biotech companies. Market Access Managers, Pharmaceutical and Biotech Executives, Payer Strategy and Contracting Professionals, Pharmacy Benefit Managers (PBMs), and Healthcare Consultants are among the professionals and industries that the vendor suggests can benefit from MMIT Analytics.

Key Features

Predict Payer and PBM Responses: According to the vendor, users can analyze historical trends and predict payer and pharmacy benefit manager (PBM) responses to new drug launches, which can help anticipate shifts in market share and understand the potential impact of changes in payer policies.

Analyze Pharmacy and Medical Benefit Landscapes: The vendor claims that MMIT Analytics enables users to gain comprehensive insight into formulary and medical benefit coverage, covered lives, and policy and restriction information. This allows for analysis of pharmacy and medical benefit landscapes.

Validate Changes in Payer Policies: Users can validate changes in payer policies and understand the potential impact on their brand's market position, as stated by the vendor. This can be done by comparing month-over-month access relative to coverage, step therapy (ST), and prior authorization (PA).

Launch Coverage Analytics: According to the vendor, MMIT Analytics offers Launch Coverage Analytics, a configurable, web-based market access software. This feature allows users to track weekly patient access data performance during critical launch milestones across geographies, payer channels, and specific accounts.

Predict Opportunities for New-to-Market Gaps: The vendor claims that MMIT Analytics helps users identify opportunities at an account, channel, and region level to take advantage of new-to-market gaps. This can be done by analyzing the payer and PBM timeline and coverage approach to recent launch brands.

Access to Comprehensive Formulary and Medical Benefit Coverage: According to the vendor, MMIT Analytics provides users with comprehensive insight into formulary and medical benefit coverage. Users can access information about covered lives, policy and restriction details, and changes in coverage, which can help inform decision-making regarding their brand.