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R-Squared and MDMA Announce Partnership

Monday, June 16, 2008 General News
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PRINCETON JUNCTION, N.J., June 16 R-Squared, an industryleader in compliance consulting and solutions, announced a multi-yearpartnership with the Medical Device Manufacturers Association ("MDMA"), anational trade association, based in Washington, D.C., representing more than175 members, including manufacturers of medical devices and diagnosticproducts. Though the partnership, which was announced at the MDMA AnnualMeeting, R-Squared will serve as MDMA's preferred provider of Evidence-BasedCompliance management systems, including programs that demonstrate bestpractices around financial relationships with, and tracking spending to,physicians and other referral sources.
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"We could not be more excited about our partnership with MDMA," saidMichael Bell, Esq., Founder and Managing Member of R-Squared. "Our affordablenext generation solutions are designed specifically to improve the performanceand data analytics capabilities of device manufacturers, while at the sametime preventing problems from occurring and evidencing compliance bestpractices." At the Annual Meeting, Michael also participated on the panel ofexperts to discuss "Key Fraud and Abuse Issues in the Medical TechnologyIndustry," wherein Michael presented on trends in evidence-based compliance."We are a small, service-oriented firm that marries substantive expertise withthe latest in smart technologies. Our partnership with MDMA could not be amore perfect fit for us," said Bell.
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Through this relationship, MDMA members will have special access toR-Squared's proprietary solutions, including Arrangements Keeper(SM), whichwas designed by leading health lawyers and compliance officers to mergeinternal controls and data to demonstrate compliant physician/manufacturerrelationships, and SpendTracker(SM), which tracks, sorts, trends, and reportson aggregate spend. In addition, MDMA members will be entitled to discounts onconsulting services and future software releases, including a to-be-namedcomplete compliance system that is scheduled for release in the fourthquarter.

"Our partnership with R-Squared reflects MDMA's commitment to its membersto provide state-of-the-art solutions that will not only help our companiesnavigate the compliance complexities and avoid costly mishaps, but alsoprovides them with key data and analytics for continuous businessimprovement," said Mark B. Leahey, Esq., Executive Director of MDMA. "MichaelBell is a foremost expert in medical device compliance matters and a trustedadvisor to MDMA and its members. We are pleased to be partnering with Michaeland R-Squared."

About R-Squared Services And Solutions, LLC. R-Squared -- short for"reimbursement and regulatory" -- is an independent software and consultingservices firm that specializes in compliance and reimbursement strategies andsolutions for health care and life sciences industries. To learn more about R-Squared please visit http://www.r2ss.com or call 609.378.5335.

About The Medical Device Manufacturers Association. MDMA is a nationaltrade association based in Washington, D.C., representing innovators andentrepreneurs in the medical device industry. MDMA seeks to improve thequality of patient care by encouraging the development of new medicaltechnology and fostering the availability of innovative products in themarketplace. Please visit http://www.medicaldevices.org to learn more aboutMDMA.Contact: Michael Bell R-Squared 609-378-5335 [email protected]

SOURCE R-Squared
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