Simplify Aggregate Spend Compliance

MedPro Systems® and Porzio Life Sciences have partnered to offer Porzio AggregateSpendID®, the industry-leading end-to-end aggregate spend tracking and reporting solution. The goal is to provide the life sciences industry with a complete aggregate spend reporting solution with integrated data and regulatory components to comply with current and evolving spend regulations.

The Major Components for Aggregate Spend include:

Identification and collection of HCP & Teaching Hospital spend transactions.

Matching, augmentation and aggregation of spend transactions.

Monitoring and interpretation of State & Federal spend regulations.

Spend monitoring, alerts and generation of compliance reports.

Pre-submission notification for HCP's and Dispute Resolution management.

Porzio AggregateSpendID® Key features:

Integrated 21 million record HCP State License database including a cross-reference to DEA and NPI data sources.

Sophisticated and open aggregation architecture for spend transactions.

Access to comprehensive state law, facility and company policies regarding threshold/limits on meals, gifts and other HCP costs.

Highly configurable HCP spend alerts including email delivery.

On-demand generation of Spend Management, State & Federal Aggregate Spend, and Federal Prescription Drug Samples Reports.

Why Porzio AggregateSpendID®

During the past 14 years, MedPro and PorzioLS have worked together to offer compliance solutions to the life sciences industry. In 2010, MedPro and PorzioLS formalized this relationship by forming a Joint Venture Partnership.

MedPro Systems® was founded for the purpose of providing healthcare license solutions for the pharmaceutical and device industries based upon a powerful combination of licensing data and information technology. The result is the industry-leading license validation solution, MedProID®.

Porzio Life Sciences is dedicated to helping pharmaceutical, medical device and biotechnology organizations master the evolving regulatory and commercialization environment. We strive to improve the efficiency of life sciences departments, including commercialization, sample compliance, legal, regulatory, governmental affairs and marketing and sales be providing compliance tools that enable companies to adhere to global, federal and state marketing and sales regulations.

Identification and collection

Matching and aggregation

Interpretation of Regulations

Spend monitoring

Pre-submission notification

Simplify Aggregate Spend Compliance with an Internet-based Tracking and Reporting Solution

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