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MOVING PHARMACEUTICAL COMPANIES FROM IMPROVED COMPLIANCE REPORTING TO CONTINUOUS IMPROVEMENT |
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BEST PRACTICES FOR SIMPLIFYING SPEND ANALYTICS AND OPTIMIZING
BUSINESS OPERATIONS |
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Pharmaceutical companies face increasingly complex compliance and reporting requirements as a result of the Physicians Payments Sunshine Act of the Affordable Care Act, more commonly referred to as Aggregate Spend. Violations of the rules can cost organizations from $10,000 to $100,000 per incident, and up to $1,000,000 per year. Such penalties can quickly accumulate if a company doesn't have the proper controls and agile reporting infrastructure in place. |
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| Many companies are trying to meet these requirements using manual tools and processes, a time consuming, costly, and ultimately, highly inefficient approach. There is a better way. |
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| CLICK HERE to download a whitepaper to find a better way. |
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