Study Highlights Best Practices in Medical Education Program Strategy

CHAPEL HILL, N.C, April 15, 2016 /PRNewswire/ -- Medical Education plays a critical role in updating physicians and health care professionals with the latest medical knowledge. However, new compliance, transparency roles and regulations have tempered the sponsorship of some medical education programs by pharmaceutical companies, as well as some third-party vendors of such services.

According to research from benchmarking firm, Best Practices, LLC, pharmaceutical companies expect stagnation in the number of field based educators. A total of 86% of pharmaceutical participants foresee no change in staffing of field based educators in the coming two years. However, 14% of participants also expect the staffing for field based Medical educators to decrease by more than 10%.

The related report, "Best Practices in Medical Education Program Strategy: Establishing the Right Structures, Resources and Activities to Optimize Biopharmaceutical Education Groups," investigates emerging Medical Education trends at pharmaceutical organizations regarding funding and program types.

Key study topics include:

• Medical Education group structure and activities performed
• The funding channels utilized by Medical Education groups
• Staffing benchmarks for Medical Education groups
• Benchmark Medical Education resources, investment allocation and budget allocation by region and program type.
• Trends in grants to professional societies/associations for accredited and non-accredited education programs
• Future trends in Medical Education staffing & investment

To access the full report, or to download a complimentary summary containing insights found in this report, click on the following link: http://www.best-in-class.com/rr1423.htm

For more information on other recent primary research studies, contact us at 919.403.0251. For related research, visit our Best Practices, LLC website at http://www.best-in-class.com/

ABOUT BEST PRACTICES, LLC
Best Practices, LLC is a leading benchmarking, consulting and advisory services firm serving biopharmaceutical and medical device companies worldwide. Best Practices, LLC's clients include all the top 10 and 48 of the top 50 global healthcare companies. The firm conducts primary research and consulting using its comprehensive proprietary benchmarking tools and analysis. The operational insights, findings and analysis form the basis for our Benchmarking Reports, databases and advisory services to support executives in commercial and R&D operations. Best Practices, LLC believes in the profound principle that organizations can chart a course to superior economic performance by studying the best business practices, operating tactics and winning strategies of world-class companies.

SOURCE Best Practices, LLC

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