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Millennium Research Group Now Tracks SKU-Level Purchases in US Hospitals

Tue, 10/23/2012 - 8:00am
The Associated Press

TORONTO--(BUSINESS WIRE)--Oct 23, 2012--Millennium Research Group (MRG), the global authority on medical technology market intelligence, announced today that it has launched an extension of its Marketrack product that now allows clients to track the performance of their brands by stock keeping unit (SKU) in US hospitals, month over month.

The data covers every product implanted or consumed across each facility, down to SKU level and is reported to clients on a monthly basis. The data reflects the price actually paid by the facility for each product, not an estimated or contract price. The augmented Marketrack product can be tailored to provide specific views of the data of particular markets of interest for any disposable or implant in the US, with as much analytic support as a client requires.

“We don’t just provide our clients with a pile of data and expect they’ll sort through it,” said MRG Marketrack Product Manager Jennifer Thomas. “The data our clients receive has been cleaned, normalized and extrapolated to a national total by our team of market experts. The resulting deliverable is intuitive, easy to manipulate and analyze, allowing for comparisons across facilities, over time and against competing products, without additional analysis. No one else offers hospital purchasing data that is simultaneously this extensive and this clean.” About Marketrack Marketrack provides clients with brand-level market data from facilities in 35 countries and in 20 different therapeutic markets worldwide. It provides some of the most rapidly updated data available. Compiled and error-checked data is available within 15 business days of the end of the month or quarter, depending on client needs.

About Millennium Research Group Millennium Research Group ( www.MRG.net ), a Decision Resources, Inc. company ( www.DecisionResourcesInc.com ), is the global authority on medical technology market intelligence and the leading provider of strategic information to the healthcare sector. The company provides specialized industry expertise through multiclient market research, ongoing Marketrack™ projects, customer loyalty tracking, facility-level procedure forecasting, and customized solutions.

About Decision Resources, Inc. Decision Resources, Inc. is a cohesive portfolio of companies that offers best-in-class, high-value information, and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources, Inc. at www.DecisionResourcesInc.com.

All company, brand or product names contained in this document may be trademarks or registered trademarks of their respective holders.

CONTACT: Decision Resources, Inc.

Christopher Comfort, 781-993-2597 ccomfort@dresources.com or Millennium Research Group Alex Jablokow, 617-599-8613 ajablokow@mrg.net KEYWORD: UNITED STATES NORTH AMERICA CANADA MASSACHUSETTS INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY HOSPITALS MEDICAL DEVICES RESEARCH MEDICAL SUPPLIES SCIENCE GENERAL HEALTH SOURCE: Millennium Research Group Copyright Business Wire 2012 PUB: 10/23/2012 08:00 AM/DISC: 10/23/2012 08:00 AM http://www.businesswire.com/news/home/20121023005181/

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