PORTSMOUTH, N.H. – MMIS, Inc., a leading provider of global compliance solutions for the life sciences, today announced that it will partner with LexisNexis® Risk Solutions to bring LexisNexis Expense Manager™ software into the MediSpend Compliance Cloud.
Expense Manager is a hosted application that aggregates and remediates global payment data for aggregate spend and global transparency reporting. Expense Manager is currently used by some of the world’s largest pharmaceutical and medical device companies. The partnership will provide life science companies unrivaled functionality, robust data and data services from LexisNexis and continued service and support by the MediSpend Customer Success team.
“This partnership significantly escalates our ability to provide software solutions and related data services that are absolutely vital to managing today’s global health care compliance environment,” said Michaeline Daboul, co-founder and chief executive officer of MMIS | MediSpend. “It represents a rare opportunity to combine the industry-leading data assets of LexisNexis Risk Solutions with the MediSpend Compliance Cloud solutions while continuing to deliver value to existing Expense Manager customers.”
“We are pleased to have found an industry leader to carry the Expense Manager product forward with the expertise and commitment needed to serve a very challenging and evolving regulatory health care landscape,” said Jeff Klein, senior vice president and general manager of LexisNexis Risk Solutions Health Care. “This partnership allows LexisNexis to expand its position in the Life Sciences market by expanding delivery of our industry-leading provider data assets, data services and validation services to MediSpend’s client base.”
MMIS | MediSpend and Daboul have a decades-long history in building a software-as-a-service (SaaS) company able to navigate an increasingly complex global compliance business.
“Our understanding of the global compliance landscape, coupled with our superior cloud-based solutions, enables many of the world’s most advanced life sciences companies to proactively manage global compliance and reporting,” Daboul added. “Much of our philosophy around the development of MediSpend is driven through partnerships with our global customers. We look forward to working with the current Expense Manager customers to enhance the MediSpend Cloud solutions and develop industry-leading tools to manage the evolving global compliance landscape.”
As part of the partnership, MMIS | MediSpend will officially join the LexisNexis Health Care Alliance Program, offering LexisNexis Provider Data MasterFile™ and LexisNexis® ProviderPoint™ data cleansing and integration services.
MMIS | MediSpend has over 80 global life sciences clients that include pharmaceutical, bio- pharmaceutical, medical device and dental manufacturers. MMIS | MediSpend will use existing Expense Manager staff to help enable a seamless integration for current customers.
Our health care solutions combine proprietary analytics, science and technology with the industry’s leading sources of provider, member, claims and public records information to improve cost savings, health outcomes, data quality, compliance and exposure to fraud, waste and abuse.
The LexisNexis Health Care Alliance Program is a strategic partnership program that enables businesses ranging from data suppliers and consulting groups to Healthcare Information Technology (HIT) solutions to provide greater value to their customers by enhancing current solution portfolios with LexisNexis sophisticated data, technology and analytics.
MMIS, Inc. is the creator of the MediSpend Compliance Cloud and a leader in cloud-based compliance software for the global life sciences industry. Committed to product excellence and innovation, MediSpend helps customers comply with health care laws while reducing risk and lowering costs. Our products and services enable life science companies to manage and monitor physician engagement, aggregate and analyze enterprise data, and comply with global data privacy regulations.
MediSpend customers range from the world's largest medical device, pharmaceutical, dental and emerging biotech companies. Our customers are located in the US, Europe, Asia, and Latin America. For more information, visit www.medispend.com.
About LexisNexis Risk Solutions
At LexisNexis Risk Solutions, we believe in the power of data and advanced analytics for better risk management. With over 40 years of expertise, we are the trusted data analytics provider for organizations seeking actionable insights to manage risks and improve results while upholding the highest standards for security and privacy. Headquartered in metro Atlanta USA, LexisNexis Risk Solutions serves customers in more than 100 countries and is part of RELX Group, a global provider of information and analytics for professional and business customers across industries. For more information, please visit www.risk.lexisnexis.com.