5 min reading time
I found an interesting paper from group member Tony Signorelli which illustrated the difference between medical device selling into physician practices and into hospitals and Integrated Delivery Networks (IDNs). When selling to physician practices, the problems you’re solving are: • Not enough money — budgets are tight, costs are high, insurance cuts their payments, and cash flow is always a challenge. Tony writes, “If reps are positioning to these customers like they do to an independent physician-owned practice, the positioning will fail because in the new environment, your product can’t deliver those things to the IDN employee. • Save time? No matter how successful, you will not reduce the physician’s time at work because now they are a full-time employee. The point of Tony’s paper (available at http://medgroup.biz/signorelli) is how to build the sales force of tomorrow. But I want to take today’s conversation in a different direction. You might say training clinicians on product use is a kind of sales interaction. Beyond this, and unless the physician is part of a value analysis committee, how much time should sales reps spend with physicians who work in the hospital if their influence on purchasing decisions is minimized? What is your organization doing? ++++++++++ You May Have Missed… Another Artificial Heart Strategy (507 likes) 3D medtech printing under EU Medical Devices Directive and under future Medical Devices Regulation (238 likes) ++++++++++ Two Job Opportunities: Quality Assurance Engineer and a Manufacturing Engineer It’s for a medical device startup based out of Scottsdale, Arizona for my friends at https://theneolight.com. If you apply, tell them Joe Hage sent you. Good luck! ++++++++++ Make it a great week. Joe Hage P.S. Ken Grant guessed a Patriots Super Bowl victory with 34 points over the Falcons and will be my guest at the fifth annual 10x Medical Device Conference. Join us in May (San Diego). See http://medgroup.biz/10x for details. Mike Strange Mark Maloney Deborah Dellavechia G M Butcher Shaun Pasdon Chloe Lu David K. Hart Ruben del Amo Larry Brewton Martin Berka Alessandro Borroni Neda Al-Saadi Sherri Sabino Bill Harwood (LION) Bill Harwood (LION) Bill Harwood (LION) Marked as spam
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