Health Market Science (HMS), a source for healthcare provider data and solutions, and business partner Alanda, a developer of aggregate spend software solution, have released CompleteSpend version 3.0.
CompleteSpend is a compliance reporting system that collects, aggregates, standardizes and reports spend data based on current state and pending federal regulations.
HMS and Alanda combinedly offer an aggregate spend solution that addresses the requirements of pharmaceutical and medical device manufacturers from healthcare providers (HCPs) data to sophisticated compliance reporting.
CompleteSpend enables users to rapidly create and distribute ad-hoc intelligence and compliance reports, HMS said.
CompleteSpend Version 3.0 also features Facets, Alanda’s new viewpoint technology that enables users to see a single spend item through multiple guideline views or perspectives, including internal, state, and federal.
The new Facets feature offers organizations an immediate holistic view of individual spend recipients to help life sciences organizations reduce the risk of non-compliance.
HMS Life Sciences senior vice president Mitchell Chi said the Version 3.0, when combined with the quality of their Compliance Grade MasterFile and the new functionality of Alanda’s software – compliance reporting just stepped up to a high level for their clients.