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R-Squared Forms Strategic Relationship with IMS Health
Date:2/18/2010

PRINCETON, N.J., Feb. 18 /PRNewswire/ -- R-Squared, an industry leader in evidence-based compliance solutions, today announced a strategic alliance with IMS Health Inc., to help pharmaceutical and medical device manufacturers comply with the growing body of state transparency and marketing disclosure laws, known as "aggregate spend" reporting laws. As part of the alliance, R-Squared's state-of-the-art SpendTracker® compliance application platform will be deployed to support IMS's new Aggregate Spend Compliance Services.

SpendTracker represents the culmination of R-Squared's years of legal and in-the-trenches compliance experience plus the most flexible technology purposefully designed for aggregate spend compliance. The combination of IMS's rich data sets and R-Squared's patent-pending dynamic linking yields almost limitless analytical and operational uses of the data. Through the alliance, IMS will provide implementation, hosting, analytics, world-class master data management, and the full array of support services for SpendTracker implementations and aggregate spend compliance, as appropriate for a client's unique needs.

"IMS evaluated a number of companies, ultimately selecting R-Squared to support our aggregate spend solution because of their strong technology platform," said Don Otterbein, general manager, Business Transformation Services, IMS. "Through this alliance, we will be able to leverage our industry-leading reference data, advisory services, and data management capabilities to deliver an accurate view of spend associated with the healthcare professional."

"R-Squared is committed to working with best-in-class organizations to help resolve critical compliance and operational challenges," said Michael Bell, President and Chief Executive Officer of R-Squared.
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