Attain Management Resources[TM] Announces New ProComp[TM] Code of Conduct Compliance Programs and Services.Innovative Programs Provide Guidance to Pharmaceutical and Medical Device Companies to Ensure Compliance with the New Massachusetts Massachusetts (măsəch  `sĭts), most populous of the New England states of the NE United States. Code of
Conduct Regulations
WESTWOOD Westwood. 1 Residential town (1990 pop. 12,557), Norfolk co., E Mass., in the greater Boston area; settled 1640, inc. 1897. It has several early 18th-century buildings. 2 Residential borough (1990 pop. 10,446), Bergen co., NE N.J. , Mass. -- Attain Management Resources (www.attainmanagement.com) is an assignment-based resource providing "hands-on" management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects services to assist medical technology companies reach milestone goals on time and economically. The new ProComp Code of Conduct Compliance Programs provide the methodology and tools for clients to adopt a proactive, integrative approach to the reporting and training requirements mandated by the new Massachusetts Code of Conduct, which companies must comply with by July 01, 2009. "This new law requires medical products companies doing business in Massachusetts to ramp up Ramp Up To increase a company's operations in anticipation of increased demand. Notes: A company might 'ramp up' operations if they just signed a contract creating substantially more demand for their product. See also: Demand, Economies of Scale to speed quickly by July 1 in order to be compliant," said Tom Glover Glov´er n. 1. One whose trade it is to make or sell gloves. Glover's suture a kind of stitch used in sewing up wounds, in which the thread is drawn alternately through each side from within outward. , managing partner at Attain Management Resources. "We at Attain have been studying these requirements and have developed programs to assist companies become compliant efficiently within the deadline. A new set of disclosure requirements can create a level of disruption disruption /dis·rup·tion/ (dis-rup´shun) a morphologic defect resulting from the extrinsic breakdown of, or interference with, a developmental process. to businesses, we are ready to assist companies in this new process. Attain's mission is to provide expertise to help medtech companies meet their objectives across all business functions efficiently." The new Massachusetts Code of Conduct, the most stringent and comprehensive regulation in the nation, restricts and prohibits certain marketing and sales activities while mandating reporting and public disclosure of certain fees and compensation of $50 or more to certain healthcare practitioners. Companies interacting with Massachusetts-licensed healthcare practitioners are now required to establish an internal training program, conduct annual audits, have policies in place to investigate and correct non-compliance, and fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. the other Code requirements. Violations could result in fines of up to $5,000 per event. "Attain Management Resources' partners and associates have executive-level experience at public and private medical technology companies and understand the importance of this new law and the implications of compliance and non-compliance," Mr. Glover continued. "We work with the compliance officer and executive staff to design customized compliance programs and training that meet the company's specifics needs." About ProComp The ProComp Code of Conduct Compliance Programs offer a roadmap and the tools necessary to comply with the new Massachusetts Code of Conduct Regulations. The customized programs assist in the verification of current in-house In-house In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm. processes and development of internal policies while providing code and regulation updates. They also provide compliance education and training for senior management and other critical departments. About Attain Management Resources Attain Management Resources www.attainmanagement.com is an assignment-based resource that provides "hands-on" management consulting services to assist medical technology companies reach milestone goals on time and economically. In addition to providing compliance services, Attain offers a comprehensive portfolio of programs and workshops assisting with: strategic business planning, fundraising
|
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion