View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 17, 2010

R-Squared Enters Into Strategic Partnership With IMS Health

R-Squared, a developer of evidence-based compliance solutions, has commenced a strategic alliance with IMS Health, to provide support to pharmaceutical and medical device manufacturers in order to conform to the state transparency and marketing disclosure laws, known as 'aggregate spend' reporting laws.

By CBR Staff Writer

Under the terms of the alliance, R-Squared’s SpendTracker compliance application platform will be implemented to support IMS’ new Aggregate Spend Compliance Services. R-Squared claimed that SpendTracker is a flexible technology purposefully designed for aggregate spend compliance.

The consolidation of IMS’ data sets and its patent-pending dynamic linking results in lot of analytical and operational uses of the data. IMS, through the alliance, will offer implementation, hosting, analytics, master data management, and a range of support services for SpendTracker implementations and aggregate spend compliance, depending on different needs of the client.

Don Otterbein, general manager of business transformation services for IMS, said: IMS evaluated a number of companies, ultimately selecting R-Squared to support our aggregate spend solution because of their strong technology platform. 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.

Michael Bell, President and CEO of R-Squared, said: By aligning with a genuine industry leader, we bring together R-Squared’s strength in creating easy-to-use and configurable compliance software with IMS’s unique combination of global information, analytics, and consulting services to offer unparalleled compliance services for the life sciences industry. This is iron-clad compliance plus business intelligence, and is truly a unique and highly valuable offering.

R-Squared, through patent-pending extensions to Microsoft SharePoint, has developed solutions that it claims are configurable, cost-effective, integrate seamlessly with existing workflows and software systems, prevent costly errors from happening, and maintain evidence of compliance.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.