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qordata thought leaders and subject matter experts share their insights and experiences

Ned Mumtaz
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Ned Mumtaz
September 21, 2017
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Physician consent can be a contentious issue. Especially when data privacy interpretation comes into play. In a webinar we hosted, Brian Sharkey, VP of Porzio Life Sciences LLC raised a question about the validity of consent rates as an indicator of pharmaceutical transparency. So, is there a direct correlation between transparency in the pharmaceutical sector and physicians’ attitudes towards consent? Let data give the answers.   How Are You Calculating Physician Consent? As we demonstrated in a webinar last year, the answer to ‘what is physician consent rate?’ can differ substantially depending on how you proceed with the consent calculation process. Some medical drug/device companies will calculate consent based on TOV amount. Hypothetically speaking, if the total TOV made between […]

Zafar Ahmed
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Zafar Ahmed
September 20, 2017
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How stringent are pharmaceutical disclosure requirements in your country? Depends on who you’re asking. Team qordata invited Brian Sharkey Vice President, Porzio Life Sciences LLC, to host our webinar on “EFPIA Reporting and Consent Management”. What he had to say pretty much confirms that when it comes to compliance disclosure, context is key. Some Measures Go Up, Some Go Down Did anticipated publication match actual publication rates in pharmaceutical spend for 2015 data? Not quite. Switzerland, at 72% was the only country in the EFPIA region where estimated consent equated to actual consent rate. Only three countries, the UK, Italy and Norway experienced the receipt of consent rates which exceeded their estimates; though the difference was marginal (not more than […]

Mohammad Ovais
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Mohammad Ovais
September 15, 2017
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Yes, the journey of a thousand miles does begin with a single step.  For pharmaceutical compliance/transparency professionals, that journey would be a lot longer, and a lot less rewarding if they weren’t able to get analytics out of a demanding and intense compliance process. Once the reporting phase has been completed, it’s time for compliance professionals to examine the data and report exceptions to management. Analysis is the ‘reward’ part of their hard work. But is Phase II of the transparency/compliance process really as simple as that? Let’s imagine the case of a hypothetical transparency/compliance professional, XYZ, who works at ABC Pharma: XYZ has succeeded in setting the spend data machinery rolling. This means, that at pre-specified intervals in the […]

Ned Mumtaz
Written By
Ned Mumtaz
September 14, 2017
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In qordata’s most recent post, Zafar Ahmed quotes Ishita Arora on realistic scope assumptions to make when designing one’s compliance/transparency program. We take that discussion a little further today by discussing how to better organize the pharma compliance workflow by dividing it in two phases: Reporting and analysis. Reporting For the uninitiated, this is the comparatively uncomfortable half of the compliance program.  Or perhaps ‘uncomfortable’ is the wrong word. Better would be ‘labor intensive’: Before your spend data is ready for reporting, it must undergo a process of consolidation and organization. And preceding consolidation is data collection. There is potential for dispute there, especially if business lines do not submit data on time, or perform acts of erroneous categorization, which […]

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