Navigation Links
OpenQ Announces openSpend for Physician Payment Sunshine Act Compliance
Date:1/8/2010

OpenQ puts easy-to-use aggregate spend management solution into general release

Charlottesville, VA, San Francisco, CA, New York, NY and Paris, France (PRWEB) January 8, 2010 -- OpenQ announces the general release of openSpend, an integrated information, service and software solution for managing and reporting aggregate spend. The company will be officially launching the product while sponsoring ExL Pharma’s Tracking & Reporting Aggregate Spend Conference taking place January 12-13, 2010 at the Grand Hyatt Hotel in Washington DC.

OpenQ is the industry leader in compliance solutions and key relationship management and research for pharmaceutical, biotech, and medical device companies.

Designed to meet the requirements included in America’s Affordable Health Choices Act, along with recent federal and state legislation, openSpend satisfies a vital and imminent need for life science companies. OpenSpend includes the following key capabilities:

 
  • Management dashboard
  • Easy-to-implement connectors to spend transaction systems
  • Wizard-driven spend entry portal
  • Contract tracking module
  • Internal and external reporting with filtering and ad hoc
  • Configurable workflow and approval management
  • openQ proprietary research feeds and algorithms for validation, identity matching and legislative updates

“Pharmaceutical, medical device and biotech companies can now count on openQ to help them meet another critical compliance need: aggregate spend management,” said Jim Zuffoletti, President and Co-founder of openQ. “We are pleased to provide a worry-free solution for life science companies ranging from early stage to maturity so they can maintain their focus on the business of the life sciences -- patient health -- while leaving the challenges of disclosure and cap enforcement to openQ”.

“When we looked at the aggregate spend space we immediately saw an opportunity to bring the unique combination of market information, expertise and workflow technology to managing caps and disclosure,” said Otavio Freire, CTO and Co-founder of openQ. “The only certainty in this space is that legislation will continue to change, and openQ’s flexible technology is built to meet those changes, whenever they arise”.

About openQ
In its sixth year of rapid growth, openQ has offices throughout the United States, Asia, and Europe and a growing client list that spans the globe. The continued interest of life science companies in openQ’s award-winning software and research products for compliance, KOL, speaker, and content management has led them to expand their client base fourfold since 2006. OpenQ serves eight of the top ten pharmaceutical companies and three of the top five medical device companies. For more information, visit www.openq.com.

###

Read the full story at http://www.prweb.com/releases/openSpend/aggregate-spend-solution/prweb3422404.htm.


'/>"/>
Source: PRWeb
Copyright©2010 Vocus, Inc.
All rights reserved  

Related biology technology :

1. OpenQ Secures Investment from Leading Mid-Atlantic Venture Firm
2. OpenQ Posts a 200% Revenue Growth in the First Half of 2009
3. OpenQ is Awarded Prestigious Life Sciences Industry Award
4. D-Pharm (TASE: DPRM) Announces Enrollment of First Patient in DP-b99 Phase III Efficacy Study, MACSI
5. China Cord Blood Corporation Announces Partial Exercise of Over-Allotment Option
6. Bionovo Announces Publication Describing First Novel Dual mTOR Inhibitor, BN107, for the Treatment of Breast Cancer
7. Arena Pharmaceuticals Announces Merck Discontinues Development of Investigational Niacin Receptor Agonist Program for Atherosclerosis
8. Poniard Pharmaceuticals Announces $6.5 Million Financing
9. AEterna Zentaris Announces Termination of Agreement with sanofi-aventis U.S. for the Development, Commercialization and Licensing of Cetrorelix in Benign Prostatic Hyperplasia
10. American Oriental Bioengineering Announces the Inclusion of 158 Drugs in Chinas National Insurance Catalog
11. Martek Announces Fourth Quarter and FY 2009 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
OpenQ Announces openSpend for Physician Payment Sunshine Act Compliance
(Date:5/26/2016)... YORK , May 26, 2016 ... today that it will be a featured presenter at the ... in New York City at the ... Denis Corin , Q BioMed Inc. CEO, is scheduled to ... will cover the company,s business strategy, recent developments and outline ...
(Date:5/26/2016)... ... May 26, 2016 , ... Kinder Scientific (KinderScientific.com), ... developments that position the Company for the future. Kinder Scientific announces restructured ... Kinghorn has been appointed Chairman of the Board, Curtis D. Kinghorn has been ...
(Date:5/25/2016)... ... May 25, 2016 , ... Thailand’s Board of Investment’s ... in San Francisco. Located at booth number 7301, representatives from the Thai Government, ... discuss the Thai biotechnology and life sciences sector. , Deputy Secretary General ...
(Date:5/25/2016)... ... 2016 , ... The American Medical Informatics Association (AMIA) responded ... Coordinator for Health IT (ONC) outlining a measurement approach to interoperability that focuses ... and where it was needed. The organization of health informatics professionals said a ...
Breaking Biology Technology:
(Date:3/31/2016)... RATON, Florida , March 31, 2016 ... LEGX ) ("LegacyXChange" or the "Company") ... for potential users of its soon to be launched ... video ( https://www.youtube.com/channel/UCyTLBzmZogV1y2D6bDkBX5g ) will also provide ... the use of DNA technology to an industry that ...
(Date:3/22/2016)... and SANDY, Utah , ... which operates the highest sample volume laboratory in ... Genomics and UNIConnect, leaders in clinical sequencing informatics and ... launch of a project to establish the informatics infrastructure ... NSO has been contracted by the Ontario ...
(Date:3/15/2016)... Yissum Research Development Company of the Hebrew University ... University, announced today the formation of Neteera Technologies ... biological indicators. Neteera Technologies has completed its first round ... Neteera,s ... from sweat ducts, enables reliable and speedy biometric identification, ...
Breaking Biology News(10 mins):