Hal Walsh: Transforming Healthcare with Passion and Expertise
The 10 Most Influential Leaders in Pharmaceutical, 2021
Hal Walsh, CEO of SymmetryRX, has a rich history of working in the healthcare
industry. While he has worked in the healthcare industry all of his career, he
has never taken the same position twice, providing him immeasurable experience
and the ability to develop his skillset in many segments and functional areas. This
experience, along with his background in finance, has set him up to be a top
leader in the pharmaceutical industry.
The Twelve-Year Journey
Hal began his professional career after receiving a Bachelor
of Science in Finance from Villanova University. Before acquiring SymmetryRX,
he was a partner in the business for twelve years. Hal came across a White
Paper about the company and identified some gaps in their market strategy. Hal
presented his findings and insights to the CEO at the time, which resulted in
the establishment of a separate business, that under Hal’s leadership, would focus
on US distribution. It began with a two-year exclusive agreement and turned
into a twelve-year partnership. After which, Hal acquired SymmetryRX, where he
currently serves as CEO. By the time Hal acquired the business, the insights he
had gained over the previous twelve years helped him see that there were still
opportunities to increase the value to the market. He stepped into his new role
with a clear vision for how to build upon the foundation that was in place and
take the business to the next level.
Creating Symmetry in the Business
Symmetry means “balanced proportions,” and Hal believes they
have found a way to strike a balance between the regulatory and marketing
environment for manufacturers and the operational and regulatory environment
for prescribers and practices that offer drug samples to their patients. Medication
adherence, taking a medication as prescribed, saves countless lives and
healthcare dollars. Drug sampling is a major driver of medication adherence. Datamonitor
has reported that thirty percent of people only fill a prescription if they get
a drug sample, regardless of age, income, or gender.
Traditionally, pharma reps have delivered drug samples to
physician practices. Overtime, as health systems have acquired practices,
pharma reps have found their practice access to be more limited. SymmetryRX
creates an access point that supports pharma companies and reps through its online
drug sampling service, available to prescribers 24/7.
SymmetryRX’s SampleCenterTM is a free, online service
that enables prescribers to quickly, easily and securely request patient drug
samples from multiple manufacturers. SymmetryRX also creates and manages eSample®
websites for individual manufacturers and brands. SymmetryRX does not promote specific
drug brands; it promotes access to the service. SymmetryRX even has a dedicated
remote drug sample management platform (PowerSampleTM) for use by
pharma field and internal reps that has proven invaluable to pharma reps during
Covid-19.
SymmetryRX’s market leading technology empowers the easy
linking to manufacturer fulfillment operations and extending pharma reach to
virtually every prescriber in the US. Pharma manufacturers’ internal and field
sales teams naturally want to connect prescribers only to their brands: SymmetryRx
supports this experience with its eSample® pharma enterprise and
brand sample request sites. However, there are about 150 sampled brands making
it nearly impossible for a practice to manage the drug sample request process by
going to all of the manufacturer websites. This makes SampleCenterTM
the prescriber preferred method to request drug samples.
As of October 2020, prescribers can now use electronic
signatures (eSignature) on the SampleCenterTM platform. After
completing an authentication process, eSignature allows a prescriber to “sign”
a Sample Request Form with a “click.” The electronic signature is more secure,
provides faster delivery time, and eliminates common errors associated with
faxed forms; making the process even more seamless. SymmetryRX is continually increasing the
scope of what their systems can do to make it easier for prescribers to access
their drug sample allocations for patients. Samples enable patients to start
treatment sooner and ultimately improve medication adherence.
The latest feature added to SampleCenterTM is Direct
Ship-to-Patient (DSTP). This HIPAA compliant feature allows a prescriber to make
a sample request that will ship a sample directly to a patient. The transaction
is paperless. This capability is particularly useful in the context of drug
sampling for telemedicine patients.
As SymmetryRX continues to innovate, the company works
closely with manufacturers to understand their needs and requirements, but they
are not waiting for anyone to ask for solutions before they begin creating next
generation capabilities. SymmetryRX truly understands the market so it is proactive
at working on solutions to enable next generation sampling request and supply
chain technologies. With Hal’s 35 years of experience in the healthcare
industry, he fully understands the industry and environment and believes that
SymmetryRX’s mission includes helping the market figure out where to go next. Hal
and his team see the possibilities and play a vital role in advancing the
industry. Since Hal took over the business two years ago, SymmetryRX has delivered
technological innovation at lightning speed. This is at the core of the value
that SymmetryRX brings to pharmaceutical manufacturers, prescribers, practices
and patients.
Overcoming Challenges
Every company has challenges and obstacles it must face
along the way as it continues to grow and expand. If Hal could pinpoint
SymmetryRX’s biggest challenge, it is that projects must be sequenced and
cannot happen all at once. Despite that, Hal’s skilled leadership provides
clarity of vision and direction. Ultimately, SymmetryRX is building the only pharmaceutical
industry drug sampling utility for a one-stop-shop prescriber experience that
meets the unique supply chain, regulatory, documentation, and reporting requirements
for all manufacturers, prescribers, and Health Systems.
Hal is completely reinventing a business that has a history
of innovation since 1999. While there is no doubt that SymmetryRX has already achieved
major accomplishments, Hal also has a clear understanding of what lies
ahead. Hal admits it takes time to
convey the power of its innovations to complex pharma manufacturer
organizations. He sees that as the nature of leading market change. As
manufacturers adopt SymmetryRX’s innovations, they quickly find the prescriber
community ready to embrace the new user experience for requesting and managing
drug samples. SymmetryRX’s eSample® technology has been used by 160,000
prescribers, served 31 pharmaceutical manufacturers, and has supported 192
brands over time.
Hal is a finance person, so he sees the economic impact SampleCenterTM
makes by reducing the pharma manufacturer cost to provide samples to all
prescribers in all practice settings. SampleCenterTM augments pharma
manufacturer sales teams and frees pharma rep time to engage in their critical
role of prescriber education on the proper use of medications and patient
support services. Hal’s focus for 2021 is to continue to improve manufacturer
and prescriber understanding of the unique opportunity the SampleCenterTM
platform presents.
Working as a Team to Stay Ahead in the Market
Hal’s leadership
and dedication to his team is another aspect that makes the company stand out.
He recognizes the unique contribution that each person makes and the value that
they bring. He respects the tremendous talent and hard work it took for the
team to come together to create a truly “Next Level” experience for prescribers.
Hal is grateful for the team and all they do. Hal strives to be of value to each
member of the team in unique ways and is always available as a resource. When
someone has a deadline, he treats the deadline as his own and strives to
respond promptly. Hal acknowledges that in a small company there is always a
sense of urgency as there is a limited amount of time to make an impact in the
market. Hal has seen the impact of his leadership style on his team as he has witnessed
the acceleration of market and technical development with ever increasing momentum.
Hal’s is committed to do whatever it takes to support individual success on the
team.
In addition to
taking care of his team, Hal and his team also take care of their customers,
striving to excel in providing outstanding customer service. In the words of
customers: “SymmetryRX really understands the space. They are innovative,
driven, and flexible to customer needs” and “SymmetryRX is the gold standard in
customer service.”
Moving Forward with a Clear Vision
SymmetryRX
continues to be at the forefront of the pharmaceutical drug sampling industry,
helping to guide the industry through its services and innovations. Hal
continues to be very clear about the company vision and continues to share that
vision with his team. He believes that when people have a broader view of where
they are going, they can do their job better today. The goal of the company is
to create a drug sample ecosystem that meets all regulatory, accreditation,
management, and ease-of-use requirements and extends the visibility of the
supply chain for Health Systems all the way to the patient level.
As to the future, SymmetryRX expects to continue its focus on
the US market and expand the number of manufacturers available through SampleCenterTM. New technologies and solutions are on the
horizon and include the expansion of drug sample patient charting in electronic
health records, as well as other exciting developments soon to be
announced.
Advice for others
If Hal could offer advice to aspiring businesspeople, he
would provide the following: Be prepared. Study. Get the facts. Know what you
are talking about. But, at the same time be open to new information and
perspectives. Recognize that you must be able to learn from others and meet the
needs of people to meet the needs of organizations. Start with the assumption
that your customers’ leadership wants to improve their organizational
effectiveness; your opportunity is to make it easy and a win for everyone. Be
present and keep your word by doing what you say you are going to do. Never
stop learning. It is important that the business work for you, but you can
never stop working for the business.
There is no doubt that Hal works hard and truly enjoys what
he does every day. When he isn’t working, Hal enjoys spending time with his
wife and daughter. He is close to his 92-year-old mother and his seven brothers
and sisters. Hal loves to laugh and has been blessed with several lifelong
friends. One of his favorite past times is sailing catamarans.