Aggregate Spend

AGGREGATE SPEND SOFTWARE WHITE PAPERS AND CASE STUDIES

AGGREGATE SPEND PRODUCTS

PHCbi brand's 25.7 cu.ft (729L) ultra-low temperature freezer operates on 220V and features VIP Plus vacuum insulated panels to deliver reliable temperature uniformity throughout the chamber. It is ENERGY STAR® Certified and uses only 7.96Wh per day.

Catalyst Flex provides flexible, scalable solutions and services to enhance our clients’ outsourcing needs. We are a specialized provider of multi-therapeutic functional solutions delivered by our experts.

The 1000:1 extinction ratio polarizing cube is a very high-performance beamsplitter designed to precisely split up the S & P polarization of light operating in a wide variety of wavelengths.

ODiate Fluorescence Filter Sets are designed to meet the demanding requirements of fluorescence and microscopy applications.

To offer comprehensive solutions to Mycenax’s customers, we provide one-stop shop services including cell line development, upstream cell culture process development, downstream purification process development, formulation development, analytical method development, process scale-up study, PIC/S GMP production and aseptic fill and finish.

With our global network of facilities and services, Cryoport Systems is a strategic partner of choice for temperature-controlled supply chain management of critical materials.

ProPharma has deep expertise across all signal detection and management activities, including validation, prioritization, and assessment using data from a wide range of sources that are relevant for signal detection for the individual product(s). We are also fully trained and experienced in the EudraVigilance Data Analysis System (EVDAS) functionality and can support MAHs to comply with their obligations for signal detection and management. We leverage our robust knowledge to select the most efficient and effective method(s) for each product that is compliant with legislative requirements.

ExCalibAer™ is the cutting-edge solution for wastewater resource recovery facilities (WRRFs) seeking to maximize efficiency, sustainability, and energy production. By integrating advanced digestion stages with innovative nitrate recycling, ExCalibAer optimizes digestion by adding nutrient removal, turning challenges into opportunities.

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.