Avasant
Globalization   .   Sourcing   .   Management Consulting

        

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Medical and Life Sciences

We serve medical device makers, hospital operators, life sciences firms, healthcare insurance providers, and drug makers as they seek to benefits of sourcing their IT and business process services globally. We help improve performance for growing companies in the hyper-competitive healthcare and life science industries by helping them identify, implement and manage global sourcing solutions.

medical

 

Client Client Need Outsourced Services Value Solution Results
One of the Largest Health Insurer in California Client had outdating IT systems and wanted to move to a new product $22 million Conducted Due Diligence and created a winning solution Worked with the clients in gathering requirements and developing a solution resulting a winning bid
One of the Largest Third Party Administrators in US Client was looking for a partner to setup India operations $9 million Analyzed the TPa processes, developed process maps Worked closely with the client team in developing process maps and a Build, Operate and Transfer strategy
A $22 Billion AUM Multinational Private Equity firm The client sought a solution to consolidate back office operations of a portfolio company while addressing regulatory concerns for upcoming IPO N/A Strategic assessment review and compliance due diligence of the Finance and Accounting of a pharmaceutical company within the client investment portfolio. Development and execution of a strategic plan for consolidation of multi-national back office operations into Shared Service operations across the companys global footprint Successful audit completion for SOX and regulatory compliance for an upcoming company IPO and cost savings of 28% per annum on Shared Services Operations.
One of the Largest Health Insurer in US Commitment to use offshoring as a strategic advantage and lacked internal skills to execute offshoring transactions Transaction covered 1,200 FTEs and TCV of $120M Outsourcing Center of Excellence (OCE), including: portability assessment; selection, evaluation and contracting execution; transition; and sourcing governances Creation of Outsourcing Management Group including: financial analysts, transaction managers, procurement specialists, and program managers.
One of the Top Health Insurers providing Govt Sponsored Plans Transaction assistance with outsourcing several discrete backoffice processes. 700 ? FT6 and TCV of $8SM Engage Tier l BPO service providers through the PFP. evaluation, selection, contract development, and negotiations process for critical backoffice operations. Migration of 700+ resources across Trust, Call Center, Payroll, Recruiting, and Mortgage Processing.
One of the Top Health Insurers providing Govt Sponsored Plans Client had outdating IT systems and wanted to move to a now product $3 million Conducted Due Diligence and created an implementation road map Worked closely with the clients IT team in gathering requirements and performing due diligence as part of the the successful product implementation
One of the Top Health Insurers providing Govt Sponsored Plans Mis alignment of clients business needs and system functionalities $2.4 million Business process analysis and process automation Analyzed the business processes and IT systems and redesign the system configuration to support tho business needs

 




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