Aggregate Spend

AGGREGATE SPEND ARTICLES

AGGREGATE SPEND SOFTWARE WHITE PAPERS AND CASE STUDIES

AGGREGATE SPEND PRODUCTS

Gain expert guidance and connect with a global network of qualified QPPVs and LPPVs, who will ensure compliance with pharmacovigilance regulations and tailor their approach to your product launch strategy.

Elevate your RF applications with the Empower RF Model 2247, a cutting-edge amplifier system designed to deliver up to 30kW peak pulsed output power.

Flow cytometry is a powerful and versatile technique to analyze the physical and chemical characteristics of cells or particles.

Biotech companies progressing through clinical trials, planning an IPO, and undergoing rapid growth have a unique set of financial, contract, compliance, and reporting needs. We have designed an ERP solution, built on NetSuite, to address all of these needs. With over 50 implementations in the last two years alone, SuiteSuccess for Life Sciences is quickly becoming the defacto software standard for all successful biotechnology companies.

MegaPhase’s patented HyperFlex™ Series Cable offers superior flexibility when compared to traditional solder-terminated connectors of similar sizes and applications. 

The C10-1000WG is a WR10 10dB waveguide coupler featuring high directivity over a 75-100GHz operational bandwidth built with high precision and then gold plated for high corrosion resistance.

Magnification lenses enable detailed microscopic analysis across medicine, science, and technology, supporting innovations like light-sheet microscopy, DIAMOND lenses, and image-guided robotic surgery for precision and research advancement.

PHCbi brand's 12.7 cu.ft (360L) ultra-low temperature freezer features a dual cooling system to offer our highest level of sample protection through the use of two independent refrigeration systems. TwinGuard Series freezers are ideal for safe, long term storage of your most high valued products, such as stem cells, embryos, cell lines, rare specimens, and other biological materials.

AGGREGATE SPEND SOFTWARE NEWS

ABOUT

Aggregate Spend

Aggregate Spend refers to the process used to aggregate and monitor the total amount spent on organizations and individual healthcare professionals by healthcare manufacturers. The amount spent is aggregated in terms of payments made, honoraria, gifts, travel and other means. Aggregate spend is also known as the Physician Spend Sunshine Law which is an initiative that is aimed to achieve transparency in life sciences industry, the benefits of each physician as well as to limit spend per physician. The law is a body of state and federal legislations. Passing of this law was also in effort to alleviate the conflicts of interest between pharmaceutical and medical device companies and healthcare professionals.

The process requires that manufactures of various medical devices, drugs, biological and other supplies recorded all payments made to physicians including any other transfers of value to teaching hospitals and physicians. Report regarding all this information is required to be produced annually by all the applicable manufacturers and suppliers. The manufacturers are required to include details such as date, nature of payment and the value. Penalties are charged in case of breaching this law by the target parties.

By doing this, accountability of individual physicians and medical device, pharmaceutical and life sciences companies can be achieved. The challenge now is to the life science companies to address the reporting requirements and more so now that state and federal regulatory agency continue to enact legislation that require more auditing of monetary transactions to physicians and organizations involved in healthcare management. As a result many companies are now working more diligently to address compliance and gain more competitive advantage through reputation management among other ways.