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Leveraging Global Spend Data for Strategic Sourcing Decisions
Global Spend Transparency and strategic sourcing are pivotal for Life Sciences, influencing aspects from cost management to compliance and competitive advantage. While spend transparency provides crucial data for reporting, that data can also inform strategic sourcing and operational decisions. By effectively leveraging spend data, Life Sciences companies can enhance decision-making… Read More
6 Facts about State Pricing Reimbursement Every Life Sciences Company Should Understand
State pricing reimbursement policies vary widely across the U.S. — but no matter where Life Sciences companies operate, these policies will significantly influence both strategies and operations. Because policies are so diverse across states, there is a complex environment nationwide, that directly affects how pharmaceuticals are priced — and also how… Read More
Why Global Spend Transparency Matters: Looking Beyond Compliance
In Life Sciences, the concept of spend transparency is a foundational element of modern business practice — and often that conversation revolves around compliance: how to maintain it, the cost of not maintaining it, etc. While compliance with laws like the U.S. Sunshine Act and similar global regulations is mandatory,… Read More