Q2 Metrics Unveils New Physician Aggregate Spend Reporting System Q2 Metrics, Inc.

, a leading provider of customizable metrics and tools in the he alth care space, today unveiled its new Company & Physician Aggregate Spend Solu tion (COMPASS). HOUSTON, TX, December 07, 2011 -- Q2 Metrics, Inc., a leading provider of custom izable metrics and tools in the health care space, today unveiled its new Compan y & Physician Aggregate Spend Solution (COMPASS). With pharmaceutical and medical device companies facing mounting pressure to inc rease the transparency around the financial relationships they have with health care providers, many companies have already begun disclosing payment data online . Unfortunately, managing this data presents several significant challenges; spe cifically, the volume, timeliness, format, and organization of available payment data makes it extremely difficult and costly to collect, reconcile, map, analyz e, and update. Moreover, these problems will only be exacerbated in the future a s additional companies and state agencies begin reporting, and as companies beco me progressively more specific about the payments being made. It is with these challenges in mind that Q2 Metrics created COMPASS, a tool that tracks and rationalizes all public payment disclosures using proprietary data r econciliation techniques and presents the data in an advanced web-based applicat ion. With increased pressure from regulations such as the Physician Payment Sunsh ine Act, having a singular, consolidated view of all physician payment data is a bsolutely necessary, said Bill Heffernan, Director of Product Development at Q2 M etrics. COMPASS serves as this singular source, displaying the payments made by o ver 300 pharmaceutical companies, device manufacturers, and state-level agencies . Using intuitive filtering and cutting-edge data visualization techniques, COMPA SS gives users limitless customization and unparalleled visibility into the paym ent profiles of over 300,000 US-based physicians, hospitals, and manufacturers. COMPASS is the first offering in Q2 Metrics new suite of online platforms designe d to enhance the targeting of health care providers, facilities, and patients. Ou r goal is to create a user experience that far exceeds what can be obtained thro ugh outputs delivered in standard CSV or Microsoft Office formats, adds Heffernan . With only a few clicks through our intuitive mapping and charting interfaces, u sers can create and export summary dashboards and tables that contain the insigh t necessary to make better business decisions. About Q2 Metrics, Inc. Q2 Metrics Inc. is a leading provider of customizable metrics and tools in the h ealth care space. The company was founded on the belief that all customers are different and the best way to provide customer value is through the provision of customizable metrics and tools at syndicated prices. Q2 Metrics Principals are veterans of the information industry, and specifically in providing high-value d ata solutions and insights to the health care field. The company uses its vast r esearch networks and connections to provide accurate, timely, and cost-effective data solutions for organizations looking to gain and maintain a competitive adv antage in the ever-evolving health care marketplace. Contact: Bill Heffernan Q2 Metrics, Inc. 10685-B Hazelhurst Dr. #12858 Houston, TX 77043 USA 281-407-2699 info@q2metrics.com http://www.q2metrics.com