Answers - Communications

The amount of telecommunications information generated by a typical mid-size American company is staggering compared to 20 or more years ago. Today's telecom departments

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

are inundated each month with invoices for local services, long distance, wireless, internet services, equipment leases, contracts, etc. Consistently organizing and processing

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

this mountain of information can be overwhelming to even the most seasoned of telecom departments.

Day-to-day management of telecommunications services and systems typically includes

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

many tasks - authorizing payment of bills, allocating costs, modifying and/or optimizing facilities, controlling and curbing abuse, detecting and correcting problems, training,

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

improving user productivity, etc.

Effectively managing and controlling telecom costs is directly related to your organization's ability to efficiently manage and process monthly telecom information.

First

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

Things First: Get Organized

The first step in managing telecom information successfully is to implement a compartmental system for staying organized. Operational

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

information should be grouped into five major categories - account orders and bill tracking, inventory status, usage of system capabilities and carrier facilities,

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

local and long-distance calling, and service and diagnostic information.

Compartment #1: Account Orders and Bill Tracking

The number

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

and formats of separate bills received each month from telecommunications vendors has multiplied many times over in the last 20 years. It is not unusual for even small to mid-s

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

ize companies to handle hundreds or even thousands of bills every month.

Develop an internal system for keeping track of account orders and be sure that every bill can be easi

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

y retrieved and tracked. Use of a systematic control record for each account is essential for staying organized. Simple to complex software is now available commercially or you

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

may choose to develop your own to suit your company's unique needs. Whatever option you choose, be sure that your system provides a complete visual status of each account

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

onto a single display.

Compartment #2: Inventory Status

Maintaining and updating inventory records for all aspects of your telecommunications department

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

is essential for achieving long term cost-reduction results. The term "inventory" applies not only to hardware, such as wireless handsets, but also to station

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

assignments, station numbers, carrier facilities, and wiring.

Large organizations will almost certainly use a software-based automated inventory control system. A

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

s with any system, the software is only as good as the data the system is fed. Before entering any information into an inventory database, a thorough audit and inventory analys

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

s of equipment and services should be conducted. Failure to take the proper steps in setting up your inventory system will almost certainly result in flawed information from th

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

outset.

Compartment #3: Information Drawn From Systems and Carrier Facilities

Collecting and analyzing system usage data is an

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

often overlooked area of telecom cost-reduction. This information is typically drawn from PBX systems or carrier facilities or suppliers. Most PBX and ACD systems store data on

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

how often various features are used. Older systems maintain proprietary control of system access, requiring users to obtain data through the supplier. [Part 2 of this article can be found at the link below

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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Do you know how to write a really bad resource box for your articles? Well you will after reading and using this article.

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