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January 2013
  Volume 9, Issue 1
In This Issue
Accountable Care eLearning Course
The Traits of a Successful Hospital Salesperson
Developing Hospital Partnerships: A Manager's Guide
Accountable Care Driving Hospital CFO Involvement in Operational Decisions
Are You a Medical Device Sales Manager? Join Our LinkedIn Group

 

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Our New Accountable Care eLearning Course Is Now Available! 


Our latest eLearning course is now available entitled Navigating Accountable Care. This brand new eLearning course will provide you insight into the key Medicare Accountable Care initiatives impacting hospitals and the medical devices you sell. This course is structured from the perspective of the medical device company and covers four key initiatives:

1. Hospital Value-Based Purchasing.
2. Hospital Readmission Reductions Program.
3. Accountable Care Organizations.
4. Bundled Payment Initiative.

This course is available online from our Learning Management System (LMS) or for license to load on your company's LMS.

Click here to download a brochure.

For more information contact Jay Spielvogel at jay@tapllc.com or (914) 584-2282. 
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The Traits of a Successful Hospital Salesperson

hand shake One of the biggest challenges faced by sales managers is hiring salespeople that will be 
successful developing high level relationships and driving customer share in an acute care 
setting. When trying to find a great clinical rep that will also thrive in an environment with 
multiple call points from OR to C-suite, there are dozens of personality traits that come into play. 

At Technology Access Partners, we have had the opportunity to assess and train thousands of medical device salespeople. Our work has enabled us to identify specific traits that tend to make some salespeople more successful selling to hospitals than others. In order to categorize and describe these traits we use the acronym (CAFE) to identify the four most critical ones necessary to be successful, regardless of whether they sell capital equipment, high cost implantables, diagnostic imaging or any other type of medical product. 

[C]AFE - Coach Ability 

Gone are the days where being a great medical device rep was based solely on the strength of the salesperson's relationship with the physician or hospital clinical personnel. Today, there are many environmental changes affecting medical device sales teams; economic, regulatory and operational.

Click here to read the full article
 
Developing Hospital Partnerships Webinar Register
Join us for this important discussion on Thursday, January 24, 2013, from 1:00 PM - 2:00 PM EST 

Click here to register

The new Accountable Care laws are shifting the healthcare marketplace from a volume-driven market to a value-driven one. As a result, hospitals are demanding more from device companies than simply innovative and reliable products. Hospitals now expect companies to help them better manage patient care, improve clinical and financial performance and function as a true business partner. 

During this complimentary, 60-minute webinar we will discuss: 
  • The changing healthcare paradigm: from volume to value. 
  • Establishing a sales management process that is strategic, measurable and accountable. 
  • Developing a comprehensive suite of hospital economic resources. 
  • Establishing a core economic language and understanding within your sales team. 
  • Implementing a process for mapping and evaluating hospital accounts and key hospital stakeholders. 
  • Developing stakeholder-specific strategies and tactics. 
  • Optimally engaging salespeople and their clinical relationships in the partnership process.

Click here to register
 
Accountable Care Driving Hospital CFO Involvement in Operational Decisions
Hospital CFOs do not generally involve themselves in most operational decisions. They tend to leave such responsibilities to the stakeholders that are better suited to deal with those decisions, such as Department Administrators, the COO and the Medical Director. 

The new operational demands and financial penalties associated with the Affordable Care Act is forcing the financial stakeholders to take a more active role in operations.

To read more about some of these changes in stakeholder responsibilities click here.

 

Are You a Medical Device Sales Manager? Join Our LinkedIn Group
Medical Device Sales Management Group
The LinkedIn Medical Device Sales Management group is a community for all levels of sales management in the device industry to network and share ideas and best practices with their peers.


This group is strictly for regional, area director and VP level sales managers in medical device (implantable and capital equipment), diagnostic, tissue engineering and other medical technology related industries.
Within this group we will share updates and ideas on issues related to direct and indirect sales force management, recruiting techniques, economic sales tools and resources, managing hospital value analysis and technology management review committees and new regulatory initiatives affecting hospital and physician customers.

 

Click here to learn more and join the group 


Martin Gold and Jay Spielvogel 

Technology Access Partners LLC 

Ph: 845-596-6508

www.TAPLLC.com