Explore our library of blogs, insights, research papers, and more information on compliance in the life sciences industry.
Transparency reporting has changed the way life-science companies or healthcare manufacturers operate today. In fact, transparency reporting is perhaps the biggest reason behind innovation in the healthcare sector simply because of the expanding transparency requirements, i.e., extensive documentation of interactions with HCPs, Os, and patients – demand organization to keep up with modernization. Therefore, getting […]
Providing critical insights into diseases, manufacturing innovative pharmaceuticals and medical devices, publishing research related to medical conditions, and improving overall human health are some of the core functions of the life science sector. Keeping the life-science industry focused on its core functions is extremely important. And this means that the life-science industry must rethink one […]
Data is impacting the modern business landscape from every direction today, and life-science companies are not an exception to the impact. This perspective-changing drift in various industry verticals is paving the way for businesses by revolutionizing how they perform their day-to-day operations. By leveraging data today, businesses achieve a strategic edge over their competitors, especially […]
Annual transparency reports or aggregate spending reporting have become an integral part of life science organizations. But where the submission of such reports is imperative, it can be challenging to sort tangled data, let alone validate it or structure it. Still, countless life science companies have managed to make their aggregate spend data publicly available. […]
The biggest change to the PhRMA Code is a change that has now been added to Section 2, which is the section on informational programs with meals that reps have in the regular course of their day-to-day activities. The revised Code adds the following language to Section 2: “Incidental meals can be provided only where […]
Starting off 2022, CMS has issued new updates in the Open Payments program that will be effective for data collection beginning in Calendar Year 2023 and applicable to data reported in Calendar Year 2024. In the Calendar Year 2022, CMS has finalized the proposed changes to the Open Payments program to ensure adequate usability and […]
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