Explore our library of blogs, insights, research papers, and more information on compliance in the life sciences industry.
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 […]
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 […]
On November 16, 2020, the Office of the Inspector General issued a Special Fraud Alert. This was the first Special Fraud Alert in six years and the fourth one issued in the past two decades. Given that the Fraud Alert was released after years of observing the way the pharmaceutical companies and device manufacturers were […]
Compliance challenges, evolving rules and regulations, building a data-driven compliance program, and false claims that lead to indictment and penalties continue to be trending topics in the world of compliance. The Department of Justice (DOJ) recovered over $3 Billion from the False Claims Act case in the fiscal year 2019. Of the more than $3 […]
Data-driven compliance solutions have proven their viability and effectiveness in the world of life science compliance over the years by enabling compliance professionals to mitigate critical risks and significantly reduce pressure. Whether it is identifying red flags associated with engaging HCPs, pinpointing errors in an aggregate spend report prior to CMS submission, or monitoring compliance […]
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