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MediSpend

Neeraj Singhal

GoodData’s Life Cycle Management (LCM) feature enables us to onboard customers, from end to end, in just a few hours.

Neeraj Singhal Vice President Product Management

At a glance

Customer since

2013

Use case

Compliance in Life Sciences

Favorite metric

Meals Analysis

Customer story

Helping Clients Monitor Compliance Health

As the regulations in life science industries become more centerpiece, entire industries have arisen around the cause of helping companies comply with the new rules — and stay compliant.

The Sunshine Act of 2013, for example, requires pharmaceuticals, medical device, and biotechnology companies to collect, track, and report all payments made to healthcare professionals. “That means that every dollar these companies spend on healthcare professionals — from speaking engagement fees to research funds to the cost of the lunch they bring in for a meeting — has to be tracked and reported to the federal government, as well as to some state agencies,” explains Neeraj Singhal, Vice President Product Management for MediSpend.