The Silicon Review
‘Improve application performance, reduce storage costs, and meet compliance and data privacy requirements by achieving Information Lifecycle Management (ILM) goals.’
Polaris is the only company in the world that specializes exclusively in consulting and technology solutions for life sciences healthcare law compliance. The company is at the forefront of the industry in terms of delivering insights and defining technology standards through innovation fueled by its “what’s next” entrepreneurial culture. Through collaboration and dedication, the company applies its “No Matter What accountability to every customer engagement to increase efficiencies, mitigate risk, and improve patient safety through compliance. We deliver on our customer’s goals and place their successes ahead of our own.”
Leaders in the Industry
Polaris employs over 150 people worldwide. It prides itselves on being healthcare law compliance experts. It’s in its DNA. It is a truly global firm, speaking more than 25 languages collectively. Its offices in Amsterdam, Boston, New York, Paris and San Francisco and have served more than 105 clients in the pharmaceutical, biotech and medical device industries over the course of almost 15 years in operation. We are proud to say that the majority of our business is obtained through long-term relationships and word-of-mouth referrals.
The Confident Compliance
Global Compliance Platform: Polaris’ four core software products, when integrated together, form the Global Compliance Platform. Driven by increased domestic and international legislation focusing on life sciences industry interactions and business practices, including global transparency reporting and anti-bribery / anti-kickback, Polaris offers a proven, best of breed compliance solution. Configured to meet the challenges of global compliance demands, with a focus on flexibility, scalability, usability and enhanced business process effectiveness, Polaris leverages deep expertise in providing consultative insights and recommendations, and extensive experience delivering robust technology platforms. Polaris ensures complete, accurate and efficient capture and reporting of information related to all HCP/O payments or transfers of value without overburdening the organization.
Commercial Compliance Program Support: In today’s rapidly changing global compliance landscape, the 7 elements have become pillars that have become the de facto minimum standard for an effective compliance program. Polaris supports clients in assuring that they have properly developed and integrated the OIG’s 7 Elements of An Effective Compliance Program into a credible compliance framework.
In addition, as business becomes riskier, and the compliance challenges more complex, companies must have adopted not only the OIG’s 7 Elements, but also more sophisticated compliance processes that allow them to objectively access and manage compliance risk to effectively enable the business to compete and win aggressively while building a credible culture of compliance that meets the spirit and intent of government standards and guidelines.
Spend Tracking Analytics and Reporting: Where you have aggregate spend challenges, Polaris has answers for capture, collection, reporting, aggregation, and support. Changing guidelines, regulations and business priorities often force compliance officers to perform a tricky balancing act of competing interests. The best way to address ever-present change is to employ foresight and strategic planning to the best advantage. Polaris offers compliance solutions that strike a balance and reduce cost and risk in the process.
The Polaris Spend Tracking Analytics and Reporting (STAR) System provides a solution for meeting all global aggregate spend and transparency requirements. STAR provides MDM strategy and implementation for detailed and accurate reporting. Collecting data from both automated and manual sources, STAR allows for spend cap monitoring and feature rich ad hoc reporting. The sources can be collected using multiple third-party interfaces, spreadsheet uploads, and data entry.
End-to-End Solutions: Polaris provides software solutions and expert consulting services globally for all sizes of pharmaceutical, biotech and device companies. In fact, it is the leading management consulting and technology provider of innovative, high quality, end-to-end compliance solutions for life sciences companies. Configured to meet the challenges of global compliance demands, and with a focus on flexibility, scalability, usability and enhanced business process effectiveness, Polaris leverages deep expertise in providing expert insights and recommendations, and extensive experience to delivering robust technology platforms.
Meet the Key Executive
Andy Bender, Founder & President: As a hands-on executive, Andy has been involved in a wide variety of compliance-related engagements for pharmaceutical and device manufacturers, ranging from policy development and process automation to organizational change. His expertise ranges from the sales and marketing to medical and clinical departments of the client organization. Andy is still involved in many of Polaris’ client assignments, and has personally led many FMV, auditing and monitoring projects, as well as numerous international transparency reporting and HCP/O implementations. He has implemented in excess of fifty Request Management Systems for clients, focused on grants, charitable contributions and IIS requests.
Andy has designed and developed many of the concepts, programs and methodologies that have made Polaris an international leader in the healthcare law compliance business. Polaris employs over eighty consultants and sixty-five technologists, including five healthcare law attorneys. Polaris has offices in New York, Amsterdam, San Francisco and Boston.