Navigation Links
MMIS, Inc. Launches the MediSpend™ Aggregate Spend Solution
Date:1/19/2011

NEW YORK, Jan. 19, 2011 /PRNewswire/ -- MMIS, Inc. (www.millennium-mis.com), a leading provider of software and compliance solutions for the life science industry, announced the launch of MediSpend™, a physician payment and aggregate spend reporting solution, at the ExL Pharma 2nd Tracking and Reporting Aggregate Spend Conference in Washington, DC. MediSpend™ allows pharmaceutical, medical device and biotechnologies companies to easily track and report physician payments and aggregate spend on healthcare providers, which is required under the Patient Protection and Affordable Care Act. This unique web-based software solution has been developed by regulatory compliance attorneys to facilitate compliance with federal and state laws on spend reporting.

Currently, five States, the District of Columbia and the Federal government all require reporting of payments and gifts made to physicians and other health care providers. Each jurisdiction uses different standards, reporting thresholds and rules on which spend instances need to be reported. Additionally, significant variations exist regarding which individuals need to be reported on, and how the spend instance is reported. With seven different jurisdictions to report to, sorting through the questions can be confusing. Aggregate spend management and reporting will become an increasingly complicated and time consuming requirement for all life science companies.

The MediSpend™ SolutionMediSpend™ (www.medispend.com) is a secure hosted software solution designed to facilitate accurate compliance with all State and Federal requirements. The solution's flexibility and user-friendly interface makes data-entry a simplified and accurate process that can be shared between geographically distributed teams and third-party partners.

MediSpend™ provides tools to make sure the correct spend recipient is associated with each spend instance. These tools also help prevent duplication when a given recipient might have multiple licenses in different states. The software automates the aggregation of information, identifying the recipient and determining if that spend instance and recipient needs to be reported to each jurisdiction. Additionally, MediSpend™ allows the creation of accurate and compliant reports in just a few clicks. MediSpend™ aggregates all the required data and reports the correct information in the correct format for each jurisdiction.

About MMISMMIS is a leading provider of business collaboration platforms and compliance solutions, primarily for the life science industry. MMIS' solutions and services address the growing demand for web-based yet secure software. MMIS is lead by group of dedicated professionals and consultants with over 125 years of combined experience in pharmaceutical marketing, regulatory compliance and web development.CONTACT:  Alex Xenos1-888-731-7322, Ext. 8118axenos@millennium-mis.com
'/>"/>

SOURCE MMIS, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Digital Display System Specialist Jayex Launches Med-Extranet Online Media Library
2. WebMD Launches Medscape for iPad™ and Android™ Devices
3. Elanco Launches Broad-Spectrum Canine Parasiticide
4. American Medical Systems Launches STEP Patient Education Program in Europe
5. DST HealthCare Launches Medical Drug Management Service™
6. Verathon® Maker of BladderScan® and GlideScope® Medical Instruments Launches New Website
7. Siemens Launches PEP, a Personalized Education Plan for Clinical Laboratory and Healthcare Professionals
8. De Novo Software Launches New Version of FCS Express for Flow and Image Cytometry
9. CoreLab Partners Launches Advanced Imaging Application
10. FDA Launches Website To Help Regulated Industries Save Time, Resources
11. State Launches Immunize for Good Marketing Campaign to Remind Parents Immunizations are Safe and the Best Way to Prevent Childhood Illness
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... , June 23, 2016 Research ... Devices Global Market - Forecast to 2022" report to ... the treatment method for the patients with kidney failure, it ... excess fluid from the patient,s blood and thus the treatment ... potassium and chloride in balance. Increasing number ...
(Date:6/23/2016)... Research and Markets has announced the addition of ... Forecast to 2022" report to their offering. ... date financial data derived from varied research sources to present ... impact on the market during the next five years, including ... sub markets, regional and country level analysis. The report provides ...
(Date:6/23/2016)... and INDIANAPOLIS , June 23, 2016 ... Lilly Diabetes Tomorrow,s Leaders Scholarship is any indication, the ... announced today online at www.diabetesscholars.org by the ... diabetes stand in the way of academic and community ... Foundation,s scholarship program since 2012, and continues to advocate ...
Breaking Medicine Technology:
(Date:6/26/2016)... ... June 26, 2016 , ... Brent Kasmer, a legally blind and certified personal trainer ... through a fitness app. The fitness app plans to fix the two major problems leading ... a one size fits all type program , They don’t eliminate all the ...
(Date:6/25/2016)... ... June 25, 2016 , ... Austin residents seeking Mohs surgery services, can ... Surgery and to Dr. Russell Peckham for medical and surgical dermatology. , Dr. Dorsey ... cancer. The selective fellowship in Mohs Micrographic Surgery completed by Dr. Dorsey was under ...
(Date:6/25/2016)... ... June 25, 2016 , ... First Choice Emergency Room , the ... Ogunleye, as the Medical Director of its new Mesquite-Samuell Farm facility. , “We ... new Mesquite location,” said Dr. James M. Muzzarelli, Executive Medical Director of First Choice ...
(Date:6/25/2016)... ... 2016 , ... On Friday, June 10, Van Mitchell, Secretary of the Maryland ... iHire in recognition of their exemplary accomplishments in worksite health promotion. , The Wellness ... & Wellness Symposium at the BWI Marriott in Linthicum Heights. iHire was one of ...
(Date:6/24/2016)... ... , ... Those who have experienced traumatic events may suffer from a complex ... as drug or alcohol abuse, as a coping mechanism. To avoid this pain and ... a traumatic event. , Trauma sufferers tend to feel a range of emotions, from ...
Breaking Medicine News(10 mins):