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:5/26/2017)... Linda, Ca (PRWEB) , ... May 25, 2017 ... ... to truly understanding the full process behind each occurrence. Live cell imaging using ... In this webinar, the use of automated fluorescence microscopy methods will be discussed, ...
(Date:5/24/2017)... Utah (PRWEB) , ... May 24, 2017 , ... ... the selection and implementation of CLEARAS Water Recovery’s Advanced Biological Nutrient Recovery (ABNR™) ... key component of a $24 million plant upgrade to sustainably meet current and ...
(Date:5/24/2017)... ... May 24, 2017 , ... Patient Monitoring and ... Wi-Fi connectivity to reduce the amount of wiring in a healthcare facility and ... mobile devices including infusion pumps, heart and hypertension monitoring, glucose monitoring, and other ...
(Date:5/23/2017)... , ... May 23, 2017 , ... A recent survey ... most troublesome and difficult to control weed in 12 categories of broadleaf crops, fruits ... 200 weed scientists across the U.S. and Canada participated in the 2016 survey, the ...
Breaking Biology Technology:
(Date:3/20/2017)... 20, 2017 At this year,s CeBIT Chancellor Dr. ... manufacturer DERMALOG. The Chancellor came to the DERMALOG stand together with the ... year,s CeBIT partner country. At the largest German biometrics company the two ... face and iris recognition as well as DERMALOG´s multi-biometrics system.   ... ...
(Date:3/16/2017)... 16, 2017 CeBIT 2017 - Against identity fraud with DERMALOG solutions ... ... Used combined in one project, multi-biometric solutions provide a crucial contribution against ... Used combined in one project, ... ...
(Date:3/9/2017)... Australia , March 9, 2017 4Dx ... prestigious World Lung Imaging Workshop at the University of ... was invited to deliver the latest data to world ... recognised event brings together leaders at the forefront of ... in lung imaging. "The quality of ...
Breaking Biology News(10 mins):