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Model N, Inc. (MODN)

NYSE - Nasdaq Real Time Price. Currency in USD
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29.79+0.14 (+0.47%)
As of 10:08AM EDT. Market open.

Model N, Inc.

777 Mariners Island Boulevard
Suite 300
San Mateo, CA 94404
United States
650 610 4600
https://www.modeln.com

Sector(s)Technology
IndustrySoftware - Application
Full Time Employees1,089

Key Executives

NameTitlePayExercisedYear Born
Mr. Jason BlessingCEO & Director868.04kN/A1972
Mr. John EdererChief Financial Officer551.08kN/A1970
Mr. Mark AndersonChief Services Officer531.7kN/A1961
Mr. Timothy M. AdamsCFO of Rapid7 & Director35kN/A1960
Mr. Chris LyonChief Revenue Officer558.92kN/A1971
Mr. Suresh KannanChief Product Officer538.71kN/A1971
Gwyn LauberDirector of Investor RelationsN/AN/AN/A
Mr. Errol HunterChief Legal OfficerN/AN/AN/A
Mr. Rehmann RayaniChief Strategy & Marketing OfficerN/AN/A1981
Ms. Laura SeligChief People OfficerN/AN/A1972
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Model N, Inc. provides cloud revenue management solutions for life sciences and high-tech companies in the United States and internationally. The company offers Global Pricing Management, which minimizes price erosion of products; Global Tender Management that enhances revenue by enabling segmentation and targeting, optimal bid pricing, and post-award tracking; Provider Management, which minimizes rebate overpayments; Payer Management that minimizes revenue leakage and noncompliance of complex contracts; Government Pricing, which optimizes revenue, and reduces the risk of fines and other penalties; and Medicaid that enhances compliance with regulatory requirements and payments of rebate claims on a timely basis and at correct rates for government Medicaid programs, as well as Validata, State Pricing Transparency Management, Advanced Membership Management, and Intelligence Cloud. It also provides Deal Management, which increases deal conversion and pricing consistency; Deal Intelligence that controls price concessions and determines ideal prices; Channel Management, which provides manufacturers a view of inventory, as well as evaluate price protection and stock rotation, and matching available inventory to quotes; Market Development Fund Management that allows companies to streamline their MDF process and reduce revenue leakage; Rebates Management, which centralizes control of rebate programs; and Channel Data Management that automates the process of collection, cleansing, validation, and standardization of channel partner data, such as POS, inventory, and claims, as well as Payment Management. In addition, the company offers implementation, application, business, strategic, and customer support services. It primarily serves large, mid-sized, and small life sciences and high tech manufactures worldwide through its direct sales force. The company was incorporated in 1999 and is headquartered in San Mateo, California.

Corporate Governance

Model N, Inc.’s ISS Governance QualityScore as of April 1, 2024 is 3. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 8; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.