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PEMBROKE PINES, Fla.--(BUSINESS WIRE)--MDH Insights (MDH) game-changing in-house software EmpowerRM can be the best 2021 resolution embraced by small to mid-size generic pharma manufacturers that outsource their chargeback processing or do not have a revenue management system in place. According to MDH president and owner Matthew D. Hoenig, it is especially valuable for generic drug manufacturers financially squeezed by volumes of wholesaler chargebacks and experiencing related revenue leakage. As he shared in a CIO Review magazine cover article on MDH and EmpowerRM, Hoenig was able to turn his own financial insights as a former CIO for a generic drug manufacturer into a groundbreaking pharma revenue-increasing advantage through development of the trailblazing EmpowerRM scalable software solution. For emerging generic and brand drug manufacturers, EmpowerRMs software automates all contracts and chargeback processing to deliver a holistic revenue management solution that provides advanced validation, real-time visibility, detailed analytics and report generation. It minimizes losses while increasing the profit margins of generic pharma manufacturers, all while giving them a competitive edge. Next-Generation Software: Faster, More Intuitive, Seamless Built from the ground up by industry experts who understand the issues that arise in pharma drug contract management, revenue management and chargeback processing, MHDs flexible enterprise-level system helps SMB pharmaceutical manufacturers identify opportunities for renegotiating pricing, cutting costs and generating more revenue. The software streamlines operations, mitigates risks, and eliminates common discrepancies by automation, predictive analytics, and seamless integration with enterprise resource planning (ERP) systems. Using advanced validation, the software detects issues arising from wholesalers like providing inaccurate pricing on chargeback lines or selling products to ineligible customers, which cause financial loss for pharmaceutical manufacturers. SMB pharma manufacturers with tight profit margins are no longer well-served by outdated, but still perceived as tried and true, industry standard-bearers that were built on old web-based technologies 20+ years ago, reported Hoenig. Just as businesses could not succeed today by still using the original operating systems of Microsoft Windows or a first-generation iPhone, the same is true of pharma revenue management software. The EmpowerRM Advantage: To increase profitability and minimize processing time, the industrys most agile chargeback processing solution offers: About MDH Insight and EmpowerRM MDH Insight, headquartered in Pembroke Pines, Fla., is a technology company that focuses on delivering innovative software solutions to the pharmaceutical industry. Its EmpowerRM solution is designed to bring enterprise-level software capabilities to small and mid-size manufacturers. The game-changing solution for Pharmaceutical Revenue Management is breaking the mold of chargeback processing and revenue management. With scalable automated processing, the software does the heavy lifting and allows customers to focus on growing their business. To learn more about MDHs EmpowerRM, visit www.empowerrm.com or call 954-671-7565.

Answer: This New Year, SMB Generic Drug Manufacturers Take Back Control with MDH Insights Trailblazing EmpowerRM Pharma Chargeback Software