Logistic Innovations Launches New, Customized Training Initiative for Regulatory Compliance Accountability
Company Invests in Client Service through Industry “First”
NEW YORK, NY (October, 2013) Logistic Innovations is taking the lead in regulatory compliance excellence by becoming the first meeting management firm to require its employees and consultants to confirm compliance competency as a prerequisite for supporting healthcare and pharmaceutical client business.
Known as the Logistic Innovations Compliance Credential Initiative, this company directive underscores the industry’s continued efforts to ensure compliance with Federal, state and industry requirements as the regulatory and legal climate continues to tighten. Logistic Innovations is qualifying its strategic planners and LOGIC Network Members (their extensive network of Meeting Managers deployed locally to support client meetings and events) in compliance using an independent verification process. The customized Train + Test System is developed by the Center of Communication Compliance (CCC) to teach meeting planning compliance fundamentals, including the specifics of the Sunshine Act.
“Our company has made regulatory compliance savvy a top priority to address the demands on our clients to maintain a culture of compliance. In particular, the Sunshine Act has made our focus on these requirements even more pressing,” said Merrill Corry. “Regulatory compliance competency enables us to quickly and efficiently execute compliant meetings and events for our clients who must feel confident that we can carefully manage risk.”
In addition to being the first meeting management firm to mandate compliance training for staff and all representatives, Logistic Innovations is the first to certify its employees and Network Members in standard procedures and best practices for the specific requirements of the meeting planning business.
Background on Sunshine Act
The Physician Payment Sunshine Act, known, for short, as the Sunshine Act requires companies to begin recording any physician POTV (payments or transfer of value) that are worth more than $10 dollars and total more than $100 dollars within one year. The first reports are due on March 31, 2014.
POTV range from consulting fees and honoraria, to food and travel, to gifts and entertainment. The HHS is slated to make the reports publicly available in a searchable database by September 30, 2014. Meeting planners have very clear responsibilities related to Sunshine Act requirements.
About Logistic Innovations
New York based Logistic innovations is a meeting management and consulting company that designs and executes meetings with a return on investment regardless of event size. Since the company’s founding in 2004, the Logistic Innovations team has delivered thousands of customized meetings with precision and impact. All employees are fully trained and well-versed in the latest technology.
The company manages volume programs, multi-day meetings and specialty events. Its propriety offerings include customized meeting management tools such as the LOGIC Network, Transportable Audio Visual Solutions, a full suite of Digital Assets, and Strategic Partnership.
The Center for Communication Compliance is the world’s only all-in-one source for training, testing, and consulting in healthcare regulatory compliance and risk communication.
CCC has a portfolio of proprietary strategies and tools to help companies sustain a competitive advantage in a compliant culture where government restrictions are tighter than ever before. Its web based products are validated by an advisory board of former FDA officials and regulatory lawyers. CCC’s off the shelf and customized products include Train+Test Systems, regulatory compliance screeners and key performance indicators (KPIs) to measure whether compliance programs are effectively managing risk and supporting development of promotional materials with high impact.
To view the official press release, click here.