Concur T&E Cloud Delivers Enhanced Capabilities in Support of Sunshine Act Compliance
Concur Connect Platform enables clients to enjoy instant access to comprehensive health care provider data, ensuring accurate and transparent reporting
REDMOND, Wash., March 21, 2012 /PRNewswire/ -- Concur (Nasdaq: CNQR), a leading provider of integrated travel and expense management services, today announced that clients will now have access to enhanced capabilities to support compliance with the Patient Protection and Affordable Care Act, commonly known as the Sunshine Act. By connecting to the T&E Cloud via Concur Connect, leading solution providers AdvantageMS, Healthcare Data Solutions, MedPro Systems, Porzio Pharmaceutical Services and R-Squared are now making accurate and standardized health care provider data available to Concur clients to streamline compliance and ensure accurate reporting.
The Sunshine Act requires pharmaceutical, medical device and medical supply companies to track and report all expenses related to marketing to physicians and teaching hospitals. By making accurate and standardized healthcare provider data available to Concur's T&E Cloud, expenses captured by Concur's solution can be instantly linked with the appropriate health care provider, ensuring complete transparency in compliance with Sunshine Act requirements. By partnering with these leading providers, Concur is delivering enhanced capabilities for companies requiring Sunshine Act compliance including:
- Real-time access to the most up-to-date listings of providers ensuring sales staff are able to easily access contact records that may not already exist in their company's master data.
- Access to accurate provider data including names, specialties, addresses and National Provider Identification numbers.
- Tracking and reporting of all expenses associated with a specific health care provider for both state and federal transparency reporting.
"Concur's T&E Cloud is designed specifically to unlock the hidden value within the travel and expense ecosystem and deliver it directly to our clients," said Barry Padgett, Executive Vice President of Platform Services at Concur. "Leveraging the Concur Connect Platform, a growing list of providers are enhancing Concur's travel and expense management offerings with their unique solutions and expertise – extending the value and innovation that Concur's T&E cloud delivers to all clients."
The T&E Cloud is unique to Concur – combining industry-leading travel and expense technology, data and third-party innovation to deliver unprecedented value to corporate clients. Concur Connect is the platform that enables the entire travel and expense ecosystem of customers, travel suppliers, content aggregators and solution partners to access and extend the value within Concur's T&E Cloud – which provides Concur clients with exclusive access to services otherwise unavailable though traditional travel and expense programs. AdvantageMS, Healthcare Data Solutions, MedPro Systems, Porzio Pharmaceutical Services and R-Squared join a growing list of solution partners that enhance the value of Concur's solutions.
Concur is a leading provider of integrated travel and expense management solutions. Concur's easy-to-use Web-based and mobile solutions help companies and their employees control costs and save time. Concur Connect is the platform that enables the entire travel and expense ecosystem of customers, suppliers, and solution partners to access and extend Concur's T&E cloud. Concur's systems adapt to individual employee preferences and scale to meet the needs of companies from small to large. Learn more at www.concur.com.
AdvantageMS is a leader in sales and marketing operations for the life sciences industry. The company is lead by knowledgeable industry professionals with extensive experience heading operations and IT departments for large and small pharmaceutical companies. Our high quality data assets, innovative software and expertise merge to deliver actionable solutions for our clients. Founded in 2001, the company is headquartered in Fort Washington, PA.
About Healthcare Data Solutions
Healthcare Data Solutions is the leading healthcare information services company focused on building and distributing Physician, Pharmacy, Dentist, Nurse, Veterinarian and Hospital databases. HDS provides healthcare data, physician validation programs, data processing, Web services and new customer acquisition programs for leading healthcare firms. With over 2 million healthcare provider profiles and 1 million healthcare provider emails, HDS is the fastest growing healthcare data services company in the United States. For more information, visit www.HealthcareDataSolutions.com.
About MedPro Systems
MedPro Systems® is the leading provider of healthcare license solutions to the Life Science industry. For over ten years, the MedProID® suite of products has assisted pharmaceutical & device manufacturers, distributors and other healthcare organizations with practitioner & organization state license validation solutions to meet PDMA, Pedigree & Aggregate Spend compliance. The foundation of MedProID® is a comprehensive 12M record database of practitioner and organization licensing information obtained directly from the state licensing authorities which is cross-referenced with additional industry identifiers. MedPro's solutions are used by over 150 customers, including 18 of the Top 20 pharmaceutical manufacturers. In addition, MedPro Systems, along with our joint venture partner, Porzio Pharmaceutical Services, offers the end-to-end Porzio AggregateSpendID solution (combining regulatory, data, and information technology) for state and federal Aggregate Spend reporting. More information is available at www.MedProSystems.com and www.AggregateSpend.com
About Porzio Pharmaceutical Services
Porzio Pharmaceutical Services (PPS) is a compliance industry leader, with tools and services to help customers master sales and marketing regulations. Among our offerings, Porzio AggregateSpendID streamlines state and federal marketing disclosures by automating the collection and accurate reporting of expenses directed to healthcare practitioners and organizations. The searchable databases of the Porzio Compliance Digest cover drug and device licensing and distribution, transparency legislation, sample accountability, and trends in government investigations. Through our Licensing & Distribution Services, we identify and attain all required licenses based on a company's unique distribution model. Finally, our formula-based approach to sample accountability, Significant Loss Threshold Assurance, ensures that customers neither over or under report sample losses.
R-Squared Services & Solutions, Inc. (R-Squared) is software group that helps companies develop more efficient and effective ways to assure compliance with the web of regulations and laws affecting the organization. We are especially good at translating regulatory requirements into workable tools and practices that simplify the task of abiding by regulations — while generating solid evidence of compliance at the same time. We're about tighter compliance, with fewer burdens. R-Squared is uniquely qualified to provide these services because of the vast depth of internal subject matter expertise starting with its CEO, Mike Bell, Esq. and it's team of health care attorney's and former compliance officers actively involved in the functional development of the entire suite of compliance solutions.
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