Portsmouth, NH (PRWEB) March 18, 2015
MMIS, creator of The MediSpend®Global Compliance Platform, the leading global compliance and transparency solution for the life sciences industry, and Healthcare Data Solutions, a leading healthcare information services company focused on building and maintaining the most accurate, compliance-grade Customer Master data, today announced a new partnership to expand the availability of automated Open Payments reporting solutions to a previously underserved segment of the life sciences industry. MediSpend Federal is designed to support small- to mid-sized companies in the life sciences industry who could previously not afford to purchase the more costly, comprehensive systems. Manufacturers who have hundreds instead of thousands of annual spend transactions can now automate their Open Payments submissions with a robust, rules-based federal reporting system backed by a database of more than 18 million HCP records.
“We are pleased to offer a low cost solution to small and mid-sized pharmaceutical and medical device companies that lack the budget and resources of larger organizations, yet must comply with the evolving requirements of Open Payments (Sunshine Act) reporting,” said Michaeline Daboul, President and CEO of MMIS. “Working with our partner, Healthcare Data Solutions, we are able to include a validated, compliance-grade database providing real value to our customers.”
MediSpend brings an affordable, easy-to-implement SaaS platform that validates and verifies HCPs and HCOs upon data import and ensures accurate and timely reporting for small- to mid-sized life sciences companies. “This new product will improve the compliance and reporting functions for thousands of smaller organizations who previously have had to rely on manual processes,” said William Horne, President & CEO Healthcare Data Solutions. “Our relationship with MMIS has always been strong and this joint product embodies our mutual vision of giving more complete solutions and more value to our client’s business needs, which saves them money and allows them to better compete.
According to Tim Robinson, Chief Knowledge Officer at MMIS, “The move from manual submissions to automated processes is critical to address the many and continuous changes to the law which impact accuracy of reporting. Additionally, the labor inefficiencies and risks of errors or omissions that can result from tasking a range of staff to gather data and complete reports can be significantly reduced through automation.”
MMIS is a global technology company providing innovative compliance and business intelligence solutions for the life science industry. MMIS is a leading provider of cloud-based SaaS solutions dedicated to helping pharmaceutical, medical device and bio-pharmaceutical companies comply with global transparency laws. The MediSpend® Global Compliance platform allows organizations to cost-effectively comply with transparency laws, analyze data and securely communicate with healthcare providers across the world. For more information, please visit http://www.medispend.com.
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About Healthcare Data Solutions
Healthcare Data Solutions is a leading healthcare information services company focused on building and maintaining the most accurate, compliance-grade data on Physicians, Dentists, Nurse Practitioners and other Healthcare Providers, as well as Pharmacies, Hospitals, Health Systems, ACOs, IDNs, GPOs and other Healthcare Organizations. Healthcare Data Solutions provides healthcare data, physician validation programs, data processing, compliance services, web services and new customer acquisition programs for leading healthcare firms. Compliance clients can access over 18 million healthcare provider records to crosswalk government databases for accurate reporting. Healthcare Data Solutions is the fastest growing healthcare data services company in the United States on both the Inc. 5000 and Deloitte Fast 500 list. For more information, visit http://www.HealthcareDataSolutions.com.
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