Aggregate Spend

Several states and the federal government require Life Sciences companies to track and report interactions with healthcare providers and organizations. Reportable interactions may include the provision of educational items and meals, honoraria payments, grants and sponsorships.

Compliance professionals must prepare for and comply with complex tracking and reporting requirements, including laws that restrict interactions, limit spending, and establish specific reporting parameters and formats. To meet the terms of these diverse requirements, Life Sciences companies must create and follow processes that facilitate the capture and communication of accurate information for these and Sunshine Act compliance tracking and reporting.

Simplify Aggregate Spend Compliance and reporting for Sunshine Act compliance with the premier, Internet-based tracking and reporting solution - Porzio AggregateSpendID®

Federal Aggregate Spend Requirement - Open Payments



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