Compliance Essentials: Data-Driven HCP Engagements
July 5, 2024
Stay informed with expert insights, trends, and best practices in life sciences compliance.
Strategic partnerships are more critical than ever in today’s hypercompetitive pharmaceutical and life sciences industry. A smaller life sciences company may have relationships with hundreds of healthcare providers and healthcare organizations. For larger manufacturers, that number can easily stretch into the tens of thousands. These scientific and commercial relationships are key to doing business for […]
Changes in the rules and regulations enacted by the government happen to be one of the most disruptive trends Life Sciences and Pharmaceutical companies face today. The pressure has been mounting since the inception of the compliance requirements, and now they’ve extended to the medical device market. With increasing pressure, heightened scrutiny, and high expectations, […]
Compliant HCP engagements have become imperative for Life Sciences companies. Reducing risk by integrating a data-driven compliance solution into an organization’s HCP engagement process is the key to reducing business-critical compliance risks. With heightened scrutiny and expectations from the government, it’s important to have an automated and data-driven HCP engagement solution that helps compliance professionals […]
Headline inflation is focused on consumption and is different from wages. Wage inflation counters headline inflation, which has been the case in the United States, but that’s not necessarily the case globally. Hitting the life sciences industry on multiple fronts, inflation has dramatically increased the prices of HCP engagement. As a result, it is just […]
Life Sciences is a highly regulated industry, and meeting compliance demands is highly imperative for companies. In addition, the evolving nature of the rules and regulations mounts pressure on organizations and compliance professionals as both are required to keep up with the government’s expectations. However, with the inception of technologies and data-driven compliance solutions, Life […]
The Center for Medicare and Medicaid Services (CMS) published data every year, and similarly, they published Open Payments data for the year of 2021. This data was for the previous program years hence it includes the payments/transactions that took place between January 1st and December 31st. The applicable manufacturers reported a total of $10.9 billion […]
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