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In 2024, several states have passed drug takeback programs, new 340B requirements, and more

Case Study

AI-Powered Pharma Compliance Management: A LighthouseAI Case Study with Henry Schein

Henry Schein, a Fortune 500 company, faced challenges in managing 1000+ state license and regulatory requirements across the United States. This case study demonstrates how LighthouseAI, a B2B SaaS product, helped Henry Schein overcome these challenges, leading to revenue protection, risk mitigation, and reduced costs.

Pharma Compliance Management

The Solution: LighthouseAI

Henry Schein adopted LighthouseAI, a software platform offering a centralize location for managing and tracking regulatory requirements, licenses, and compliance activities. LighthouseAI’s user-friendly interface, centralized document management capabilities, and advanced analytics allowed Henry Schein to gain deep insights and streamline their compliance processes.

At A Glance

Challenges

Complex licenses
Regulatory tracking

Benefits

Streamlined compliance
Risk mitigation
Revenue protection
Cost reduction
Managing multiple business branches that conduct various operational activities has proven to be a challenging task for our compliance team. However, LighthouseAI has provided us with a single solution that offers transparency and the activity-level management we need.
Jennifer Cunningham

Regulatory Affairs Manager

The Results

  • Automation-Enhanced Compliance: LighthouseAI’s platform optimized Henry
    Schein’s compliance strategies and reduced the risk of missed deadlines.
  • Revenue Protection and Risk Mitigation: The insights provided by LighthouseAI
    helped Henry Schein proactively address potential areas of risk to avoid disciplinary
    actions and reduce fines.
  • Time and Cost Savings: LighthouseAI’s automation and streamlining reduced the time
    and effort required by the compliance team.
  • Improved Visibility and Control: LighthouseAI’s advanced analytics and reporting
    features provided Henry Schein’s leadership with data-driven insights.

Conclusion

LighthouseAI’s innovative platform proved to be a strategic tool for Henry Schein, enabling them to efficiently manage complex compliance requirements. By leveraging data-driven insights, a centralized database, and comprehensive capabilities, Henry Schein has centralized their compliance management, protected revenue, mitigated risks, and reduced costs.

Download the Case Study

Click the button below to download a PDF version of the Henry Schein case study.

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