The Credit2B solution is customized for pharmaceutical and medical device manufacturers and distributors.
Pharmaceutical and Medical Products companies have unique challenges, especially with credit to hospitals. Many private and public institutions exist in a state near-insolvency due to conditions inherent in the industry. The usual credit and financial information may not be timely and is inadequate, and does not look below the surface to determine the acute risks.
These unseen risks are qualitative based on patient service quality. Credit2B Health Sciences reporting, on the other hand, includes current Medicare patient outcomes benchmarks, and other data, which we believe are more predictive of bankruptcy and non-payment than stale financial information.
Credit2B’s powerful management dashboard enables you to monitor your entire business credit exposures in just a few minutes a day. Plus, with Credit2B’s massive payments database and benchmark tools, you can determine where you need to focus your credit and collection activities.