Empower your Life Sciences business with sales order automation for Life Sciences

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foreign situation caused surge in healthcare demands as well as in healthcare expenditure to counter these hospital care at home became a growing Reality by 2025 40 percent of healthcare providers will shift 20 percent of hospital beds to home care and this is creating a sharp rise in demands for rental home care of medical equipment considering this unpredictable Market disruptions the life science Industry and the medical device sellers need a composable digital solution that they currently lack in to establish a composable business architecture for future expansion diversification or modification of their existing business model to retail rental charity care or private pre-orders as and when needed the global medical equipment rental market will grow from USD 54.8 billion in 2021 to USD 87.3 billion by 2030. without business compatibility this new market will become untapped resulting significant Revenue loss for life science organizations and medical device sellers by leveraging the power of the APN platform Coco just developed a composable digital solution as a one shop stock for the life science Industry for the sales order automation of any medical devices using any business model like retail rental Home Care charity care or private pay orders the sales order process captures and maintains the providers peers and patients clinical information to qualify the sales orders and ensures on-time delivery of products with uninterrupted Revenue flow peer recommended contextual medical criteria evaluation benefit and eligibility verification authorization check clinical evaluation these are the integral parts of the solution for ensuring no Revenue leakage the APN portal for patients and connectors built for NPI registry and EPS address validations ensure seamless data interchanges with external parties without compromising the healthcare data privacy with composable technology framework composable business architecture and design thinking is the foundation of the sales order application built using APN low code and scalable architecture the dynamic case management solution is extendable to external Business Systems and expandable to different sales order variants to support different business models the solution is entirely configurable flexible and composable to support any medical devices and related business loans the entire solution is built to enable and empower the business users to configure and manage their own sales order process as for their current and future business needs the customer portals has made the patients just one click away from ordering their needed medical equipment the first release orders configured for critical patient care helps track the Urgent deliveries so that those can reach to the patients in time ensuring High customer centricity and reliability the application ensures more than 50 watts in reduction in delayed delivery within few months of implementation by streamlining order processing and Order prioritization also by attaining being on time all the time the solution ensures minimal Revenue loss foreign features of this solution are portal support the solution has patient portal for new order request and it also provides easy to use portal axis for patients and providers to send back pending documents and information for order processing contextual UI ux the solution has user role based contextual UI ux with system guided actions and navigations for faster turnaround time order 360 view the solution is a single source of proof to hold all the order related data the ordered C63 UI provides all the relevant order information to the user to take structured decisions resulting improved operational efficiency dashboard reports the dashboard shows user role-wise meaningful analytical reports generated by slice and dice of order data for operational excellence third party Integrations the application has built-in connectors for data capture and data validation from NPI registry and UPS address validations to ensure data correctness and high operational efficiency extension for future expansion the application has ready extension point for automatic benefit and eligibility check from pairs by using SSI connectors ready for vertical and horizontal expansion the extensions are available to diversify business which makes the solution extendable expansible and configurable for any organizational process fit we'll have a plan for a phase wise customer value driven approach for this application rollout we are already in discussion with two organizations who have shown interest in this solution in the next three months we are planning to deploy the solution and create a joint lab with them and then index the solution with valuable customer feedbacks for the expansion to other geographies after six months the application is built for the rental medical equipment Market which is valued at USD 54.8 billion in 2021 and is estimated to grow at a cigar of 5.32 percent in the absence of any dedicated unified application in the market the life science Industry has been using multiple disjointed and Loosely connected systems for sales automation with this application Appian has streamlined the sales process by bringing all the relevant parties under one platform this future proof application is a one shop stock or order creation to order servicing and collection to order closer and hence ensures lower total cost of ownership the ready to use application ensures mlp-based delivery within few weeks to show the benefits of the low hanging fruits of automation foreign