BUSINESS DESCRIPTION
Specialist Medical Education Agency
Vital NHS & Big Pharma relationships
Ref. CC183
Location : Somerset
Asking Price : £150,000
This very well established and unique Medical & Management Education Agency specialises in the pharmaceutical, medical device, health and social care sectors, building knowledge and relationships between key health-care providers and suppliers since 1998. In that time business has built a sterling reputation throughout the UK and enjoys the loyalty and trust of clients and benefits from strong referral rates.
The business offers what it describes as a vital link between Health-Care managers and clinicians, ensuring that the key aspects of learning and product attributes are well understood and can be best utilised and efficiently & economically procured. This can include developing market access strategies targeted to different key customers, payers, providers, regulators and patients.
This service has proven itself, over the years to be an essential part of the efforts in health-care provision and pharmaceutical procurement, in avoiding waste and maintaining effective communication. The company understands deeply, the needs of both the NHS and pharma suppliers to develop bespoke, value added services and solutions for companies to work in partnership with the NHS where medicine meets management and has been shown to improve quality, productivity and patient care.
Most of the company’s services and solutions are developed or launched at outcome driven, managed workshops for commissioners, providers and other stakeholders to implement national policy at the local level.
This very well established and unique Medical & Management Education Agency specialises in the pharmaceutical, medical device, health and social care sectors, building knowledge and relationships between key health-care providers and suppliers since 1998. In that time business has built a sterling reputation throughout the UK and enjoys the loyalty and trust of clients and benefits from strong referral rates.
The business offers what it describes as a vital link between Health-Care managers and clinicians, ensuring that the key aspects of learning and product attributes are well understood and can be best utilised and efficiently & economically procured. This can include developing market access strategies targeted to different key customers, payers, providers, regulators and patients.
This service has proven itself, over the years to be an essential part of the efforts in health-care provision and pharmaceutical procurement, in avoiding waste and maintaining effective communication. The company understands deeply, the needs of both the NHS and pharma suppliers to develop bespoke, value added services and solutions for companies to work in partnership with the NHS where medicine meets management and has been shown to improve quality, productivity and patient care.
Most of the company’s services and solutions are developed or launched at outcome driven, managed workshops for commissioners, providers and other stakeholders to implement national policy at the local level.
The business is focused around Pharma sponsorship but it also runs training events for NHS Clinicians and commissioners and a consultancy service to these people as well.
Expansion Potential
The business has enjoyed steady trading over its lifetime and this is expected to continue, and while profitable and successful, has been run in more recent times in line with the vendor’s personal wishes and by their own admission the clearest opportunity to grow the business would be by committing to more vigorous marketing techniques.
The business is well positioned to take maximum advantage of this growth as it occurs as it has the necessary infrastructure in place.
Due to the recent launch of the NHS Long Term Plan the business is currently negotiating with two new clients and contracts regarding the implementation of the NHS Plan. The Company has an excellent base to build on this and further grow and expand. In particular it now has plans to relaunch a highly successful printed publication, as an online, digital journal which is highly relevant to the NHS Long Term Plan.
Market / Competition / Non-Competition Agreements
The business enjoys exceptionally high levels of referral, leading to repeat business from a loyal customer base.
There is also a comprehensive and informative website detailing the services and facilities offered.