Innovative Healthcare Solutions
A single source of truth for pharmaceuticals and OTC products.
Driving Profitability in the Regulated Pharma Industry
Future-proof with Digital Wave's AI-Native ONE™ Platform and solutions that address critical business challenges in the complex and regulated pharmaceutical industry. We offer highly differentiated Master Data Management (MDM), Product Information Management (PIM), planning, and price optimization solutions for retailers, wholesalers, and suppliers of pharmaceutical, OTC and wholesale medical supplies. With regulations like the Drug Supply Chain Security Act (DSCSA) and the need to optimize razor-thin margins due to Pharmacy Benefit Managers (PBMs), we handle the complexities of product content, demand planning, and pricing for pharmaceuticals and OTC products. Digital Wave ONE™ easily adapts to country and regional regulations.
Master Data Management (MDM)
In the healthcare and pharmaceutical industries, data accuracy is paramount, especially with the stringent requirements of the Drug Supply Chain Security Act (DSCSA). The need to pass serialized data down the supply chain, from manufacturers to distributors and ultimately to retailers, demands a robust Master Data Management (MDM) solution that clearly ensures one version of the truth. Our AI-native MDM analytical data platform ensures data governance, data accuracy, and integrity throughout this complex process, preventing the paralyzing effects of bad data. By automating, centralizing, and standardizing data entry and cleanliness, we help you maintain compliance, reduce errors, and ensure that every transaction is completed efficiently, with product and information aligned perfectly. Our modern, cloud-native platform is highly scalable, extensible, and easily integrates with Epic, Cerner, SAP, and a wide range of ERP, legacy, and other systems. With Digital Wave, safeguard your supply chain, avoid costly disruptions, and ensure that your operations run smoothly in an increasingly regulated environment.
Product Information Management (PIM)
Product Information Management, Master Data Management, and Digital Asset Management
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Leverage the unparalleled capabilities of our AI-native Product Information Management (PIM) solution tailored for omnichannel enterprise healthcare companies. Whether you distribute or sell pharmaceuticals, OTC products, or medical supplies, Digital Wave's AI-native PIM automates the extraction, cleansing, enrichment, and syndication of product content to both internal and external systems, including E-commerce platforms, digital marketplaces, social commerce, stores, back office, and marketing systems. From managing intricate product details needed for prescription drugs and medical device specifications to ensuring regulatory compliance, our PIM solution efficiently handles the complexities of healthcare product data. With effortless updates across diverse platforms, pharmaceutical firms can guarantee healthcare professionals and patients access to precise, up-to-date information, ultimately promoting safe product usage, elevating patient care standards, and reinforcing the company's reputation in the regulated healthcare sector. Choose our PIM solution to streamline your healthcare operations, achieving unparalleled efficiency and compliance.
Price Optimization and Management
In the highly regulated and complex landscape of healthcare and pharmaceutical products, optimizing gross margin within specific constraints is crucial. Digital Wave's AI-native Price Optimization and Management solution is designed to handle both OTC and pharmaceutical products where PBMs and drug manufacturers pricing practices not only leave little opportunity for wholesale and retail margins, but could potentially result in negative net margin. This advanced solution, part of Digital Waves ONE™ Platform, enables you to navigate the intricate pricing challenges posed by regulations, Pharmacy Benefit Managers (PBMs), and fluctuating market conditions. By utilizing AI to analyze comprehensive datasets, including drug classifications, complicated pricing rules, rebates, competitive pricing, and regional demand trends, our solution delivers precise, compliant pricing recommendations that maximize profitability.
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Whether you're managing prescription drugs or over-the-counter products, our solution helps you strategically set prices to optimize margins, adjust swiftly to market changes, and maintain regulatory compliance. With Digital Wave, transform your pricing approach into a powerful lever for competitive advantage and operational efficiency in the healthcare and pharmaceutical sectors.​
Assortment Planning with Demand Forecasting
Assortment planning in the pharmaceutical sector entails selecting a broad range of products to address consumers' health needs. Digital Wave’s AI-native Assortment Planning solution assists in aligning product offerings with the needs of diverse patient groups, managing inventory costs, and enhancing customer satisfaction. Pharmaceuticals have distinct needs, such as different dosages, generic substitutions, formulations, expiration dates, and packaging, all of which must be factored into assortment planning. Additionally, competition, market trends, and regulatory guidelines significantly influence planning decisions. Successful assortment planning enables pharmacies to streamline product selections, strengthen customer loyalty, and reduce instances of out-of-stock, overstock, and expired products.
Driving Efficiency and Compliance in Healthcare
Maximize & Retain Profitability
Better
Patient Care
Improve Competitive Edge
Boost Operational Efficiency