Life Cycle Maintenance (LCM)
Medical device industry faces a world of opportunity. New markets continue to emerge, Patients needs driving novel solutions, technology innovations happening at faster pace, global aging economies, and legislations like Affordable Care Act has introduced new patient populations.
But uncertainty lies ahead as well. New regulations and standards are emerging, healthcare dynamics are evolving, newer diseases/pandemic impacts, reimbursement rules are becoming more complex and companies are facing an increasingly competitive landscape. This challenging climate requires that device companies reduce costs, streamline their operations and innovate more quickly.
MakroCare’s Lifecycle group partners with manufacturers in supporting their legacy/matured products doing Regulatory, Post-market surveillance, Safety, Clinical and Medical Affairs activities. Combining these functions in different combinations with different business models will help us leverage synergies to improve efficiencies. This will help organizations reduce their overall operational costs and allows them to have their core team focus on strategic initiatives as well as important products/functions.
6 Ways MakroCare improves your Operational Efficiency
- Reliability: Meeting the desired performance standards in performing required functions/deliverables within agreed KPIs.
- Availability and Flexibility of services:Quickly adjust to any portfolio changesor seasonal peaks/lows.
- Increased Productivity & Focus: With our LCM team handling routine or Adhoc projects, your core team can focus on important or high priority tasks leading to internal productivity gains.
- Access to advanced technology: Leverage our pre-built Digital technologies that will be part of LCM program, at no additional cost to you
- Predictive Life cycle maintenance helps you minimize compliance and CAPA issues
- Specialized resources on as-needed basis: Qualified and experienced resources with deep experience in several device risk classes and therapeutic areas
Ultimately, this will help your Competitive positioning and market share gain