WELLESLEY HILLS, MA USA -- PHARMA UPDATE NEWS SERVICE™ -- OCTOBER 31, 2006: MediRegs announced today that its 2007 ComplyTrack™ software will cover more than 50 risk areas for healthcare providers, health plans, clinical research programs and device and pharmaceutical manufacturers.

"Risk Assessment is essentially a mandate and simply a good business practice", said Steve Lefar, President, MediRegs." With the onslaught of target risk areas in the 2007 OIG Workplan, Part D Fraud and Abuse guidance, The Deficit Reduction Act and various investigations targeting Community Benefit and Clinical Trials a cursory review isn't enough, yet virtually no one has the time to build a full assessment."

ComplyTrack offers a complete Risk Assessment infrastructure that will demonstrate Evidence Based Compliance. It is the only software that will allow you to do Grass Roots Risk Assessment™ and provide an end to end compliance and regulatory platform.

ComplyTrack offers a complete compliance and risk management infrastructure that will improve your effectiveness and reduce costs:

• Tools for customization of pre-built question sets and push technology to distribute and collect information, including key risk areas, policies and audits from thousands of individuals around the organization.
• Question sets integrated with the detailed underlying regulatory citation to demonstrate evidence of compliance.
• Activity Dashboard for managing issues, incidents and matters start to finish, including communications, audits, investigations, education and agency interactions.
• Compliance contract management for detailed tracking of contracts, conflicts of interest, background checks, BAA/Confidentiality agreements, gifts, fair market value and more traditional contract issues.