|[August 22, 2014]
MMIS Offers its MediSpend Validate Tool for Free in Response to Industry Frustration with CMS Sudden Changes to Data Matching Algorithms
PORTSMOUTH, N.H. --(Business Wire)--
MMIS, Inc., the leading provider of compliance solutions for
pharmaceutical and medical device manufacturers, announces today that
its MediSpend Validate tool will be available for free to manufacturers
to help them validate their data against just-announced revisions to
CMS' Open Payments reporting requirements.
MediSpend Validate allows organizations to upload Open Payments reports
to a software-as-a-service (SaaS (News - Alert)) validation system and receive detailed
reports for all records. MMIS is currently seeking clarification from
CMS to ensure that MediSpend Validate utilizes the revised matching
"At the just concluded 8th Annual Forum on Transparency and Aggregate
Spend in Washington DC, everyone expressed frustration and wanted to
understand why CMS modified the matching algorithms which caused a
significant number of transactions to be removed from manufacturers
portals," said Michaeline Daboul, CEO of MMIS. "Despite CMS' response,
manufacturers and industry executives are still confused. In order to
help manufacturers comply and re-validate their data, we have decided to
make MediSpend Validate available to all manufactuers at no cost."
CMS explained why certain submitted records were rejected. The key point
was that manufacturers must now match additional data elements in the
NPPES or PECOS data sets to ensure an accurate match to CMS data
sources. Changing the algorithm is what caused selected data to be
removed. CMS also said that removed records would not be included in the
initial public release of data on September 30th. Instead, removed
records will be returned to manufacturers and GPOs for further
remediation consistent with the revised requirements.
"Given that this is the first reporting period for Open Payments, we
expected there to be some issues, but this latest issue came as quite a
surprise", said Tim Robinson, Chief Knowledge Office at MMIS. "There
have been challenges with the CMS site and unexpected removal of data
that was submitted in accordance with previously published requirements."
MMIS will provide detailed instructions on how to access the cloud-based
MediSpend Validate portal early next week. "Open Payments, a program
designed to bring more transparency to the healthcare industry, is
struggling due to technology issues related to data matching, but
physician data is complex and we expected some of these problems."
commented Daboul. "As a recognized technology leader in the aggregate
spend marketplace, making MediSpend Validate available to all, is the
right thing to do."
About MMIS | MediSpend
Since 1999, MMIS has developed innovative products and services for the
life sciences industry. The MediSpend Global Compliance platform is
recognized as a leading SaaS solution that allows organizations to
cost-effectively comply with global transparency laws, manage risk and
securely communicate with healthcare providers across the globe. Other
offerings include MediSpend Insight™, dashboards providing business
insight to manage risk and its business impact. In addition, MMIS
operates the Physicians Professional Network (PPN), a cloud-based portal
for licensed healthcare professionals that allows them to review and
dispute spend data from multiple companies in a secure and private
environment. For more information, please visit mmis-inc.com.
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