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Top Life Sciences Companies Submit Phase 1 Federal Sunshine Reports with Cegedim’s Market Leading AggregateSpend360 Solution

Companies mentioned in this article: Cegedim Relationship Management

BEDMINSTER, N.J. -- (BUSINESS WIRE) -- Cegedim Relationship Management, a technology information services company delivering innovation to help transform commercial, compliance and medical operations in US healthcare, is proud to report they have helped more than 30 clients successfully submit the first phase in federal disclosure reporting, per the Sunshine provisions of the Affordable Care Act, with their first to market and market leading solution, AggregateSpend360™. The first phase of reporting was due to the Centers for Medicare & Medicaid (CMS) on March 31, 2014, and required aggregated spend information from August 1, 2013 through December 31, 2013. The data will be made available online to the public later this year.

Continuous Innovation and Proactive Updates
AggregateSpend360 is a cloud-based solution that helps Life Science companies integrate physician expense data, transform data per predefined business rules, and automatically generate reports per many disclosure and transparency requirements across the globe. AggregateSpend360 is continually updated as changes in legislation occur, making it easier for clients to stay compliant and up-to-date on the regulations.

“Over the past year we have made many updates to AggregateSpend360 to stay on top of the changing Sunshine requirements as CMS has released information or clarified technical details for reporting,” said Bill Buzzeo, Senior Vice President of Business Development for Cegedim Relationship Management. “We have also been in constant communication with our clients via email updates and webinars to make sure they are comfortable with the information, and to advise them on updates to AggregateSpend360. The webinars have been a great way for our clients to ask questions and share ideas with each other about how to handle certain reporting situations, and we will continue to hold them as clients prepare for the next phase of reporting.”

Phase 2 of Sunshine reporting is projected to be due to CMS in the May/June timeframe, and AggregateSpend360 is already pre-configured for clients to handle that phase in reporting.

For more information about AggregateSpend360, please visit our website.

* Based on 2012 revenue, according to Med Ad News
** Based on 2012 revenue, according to Medical Product Outsourcing

About Cegedim Relationship Management:  

Cegedim Relationship Management is the Life Sciences industry’s leading provider of Customer Relationship Management (CRM) solutions. Designed specifically for Life Sciences, the company’s innovative business solutions incorporate a thorough understanding of local, regional and worldwide trends. Cegedim Relationship Management enables approximately 200,000 users in many of the world’s most innovative companies to stay ahead of market challenges. In addition to CRM, Cegedim Relationship Management also provides marketing, data optimization and regulatory compliance solutions in more than 80 countries. Cegedim Relationship Management is part of the France-based Cegedim S.A. Group.


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About Cegedim:  

Founded in 1969, Cegedim is a global technology and services company specializing in the healthcare field. Cegedim supplies services, technological tools, specialized software, data flow management services and databases. Its offerings are targeted notably at healthcare industries, life sciences companies, healthcare professionals and insurance companies. The world leader in life sciences CRM, Cegedim is also one of the leading suppliers of strategic healthcare industry data. Cegedim employs 8,000 people in more than 80 countries and generated revenue of €902 million in 2013. Cegedim SA is listed in Paris (EURONEXT: CGM).
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And follow Cegedim on Twitter: @CegedimGroup.

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Drew BUSTOS, Tel.: +1 (908) 443.2451
Cegedim Relationship Management
Global Communications
Aude BALLEYDIER, Tel.: +33 (0)1 49 09 68 81
Media Relations