The Medical Device Manufacturers Association (MDMA) and R-Squared Services and Solutions LLC (Princeton Junction, NJ) are joining to help MDMA members navigate compliance regarding payments to physicians. The partnership was announced at MDMA's annual meeting in June.
R-Squared provides compliance and reimbursement software and consulting services to healthcare companies. Its products aim to enhance performance and data analysis for manufacturers, and to illustrate best practices.
MDMA members will have exclusive access to compliance systems from R-Squared, as well as discounts on consulting services and software products. R-Squared will provide evidence-based compliance management programs.
One product being offered to members is Arrangements Keeper, a system for merging internal controls and data to show compliance in financial relationships between doctors and manufacturers. Members can also take advantage of SpendTracker, a program that tracks, sorts, trends, and reports on aggregate spend. R-Squared plans to launch a complete compliance system in the fourth quarter as well.