Insight Exchange by L.E.K. Consulting

Medtech companies are under significant pressure from several macroeconomic factors, including inflation and supply chain disruption. Shortages of components, such as semiconductors, are constraining production volumes and further driving up medtech cost structures. At the same time, rapid and dramatic foreign exchange rate fluctuations have also contributed to significant swings in pricing for both materials and finished products in select key global markets.

In this episode, we’ll discuss the following:
  • The impacts of inflation on cost structures in healthcare
  • How to handle pricing through an inflationary period
  • The five effective guiding principles that can be employed in a systematic approach to developing a solid pricing strategy.
For insights on these topics, we'll hear from Ilya Trakhtenberg, Managing Director in L.E.K. Consulting’s Chicago office; Nathalie Herman, Principal at L.E.K. Consulting; and also from Vance Moore, a former Executive at Mercy Health and current Executive in Residence at L.E.K.

Connect with our experts on LinkedIn:
Ilya Trakhtenberg: https://www.linkedin.com/in/ilyatrakhtenberg/
Nathalie Herman: https://www.linkedin.com/in/nathaliejillherman/
Vance Moore: https://www.linkedin.com/in/vancebmoore/


Visit L.E.K. Consulting at https://www.lek.com/

What is Insight Exchange by L.E.K. Consulting?

Join us as we swap ideas with thinkers, innovators and doers from around the world and around L.E.K.

Presented by consulting powerhouse L.E.K. Consulting (www.lek.com), Insight Exchange™ is a new forum dedicated to the free and open exchange of the most interesting, important, and urgent ideas in the world of business. From the farthest-reaching environmental issues to innovations in retail, industrials, and healthcare, every installment of Insight Exchange™ invites luminaries to tell us what they’re working on, what they’re worried about, what they’re excited about, and what’s coming next.

Join us on an intrepid journey of discovery as we take nothing for granted, pull no punches, and follow the research no matter where it leads. In its 30+ year history, this is what L.E.K. has done better than anyone in the world. And that’s why Insight Exchange™ is the podcast only L.E.K. could have produced. If you’re a growth investor, an advanced student, an employee, a researcher, an executive, an entrepreneur, an inventor, or a board member, we invite you to join us for Insight Exchange™. If you’d just like to keep your finger on the pulse of what’s happening in business, retail, education, healthcare, industrials, energy, media, or life sciences, we invite you to join us for Insight Exchange™.