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Specialty Pharmaceutical Company Selects iContracts for Government Pricing, Medicaid and Reporting Solutions

Raritan, NJ – May 25, 2011 — iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that a leading specialty pharmaceutical company, has selected solutions from iContracts™ to help insure compliance with Government Pricing programs including Medicaid state programs and associated calculations and reporting. This company will also deploy iContracts Dashboard and Reporting solutions for analyzing government pricing and Medicaid programs.

Leigh Powell, Chief Executive Officer of iContracts noted, “iContracts is proud to welcome another outstanding Life Sciences manufacturer to our rapidly expanding roster of clients. We have tremendous respect for our new client, their passion for delivering important medications, and commitment to these compliance imperatives. We look forward to working together to deliver value on an expedited timeline.”

iContracts’ solutions are available as an “on demand” service or as a behind-the-firewall offering and are built on iContracts’ revolutionary BCS platform featuring an advanced data architecture, rich functionality and Simplified Common User Interface (SCUI) enabling users to execute any process after learning just two basic screen formats. This groundbreaking design drastically reduces implementation; training and future upgrade timeframes and costs.

About iContracts
iContracts’ goal is simple – to deliver better solutions for managing contracts that are faster, easier and less expensive to implement. This mantra is reflected in everything we do. Our software is generations ahead of other solutions, powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by learning just two simple, reusable views and backed by the most highly evolved data architecture in the industry – built by technologists with considerable and unique experience in building contract management solutions for the Life Sciences industry. This deep understanding and straightforward approach shows in everything we do. iContracts comprehensive suite of solutions manages all aspects of a Life Science company’s chargeback, rebate and Medicaid processes as well as other incentive agreements and Government Pricing compliance at all levels. Our solutions are enterprise-class and can be quickly and easily integrated with any off-the-shelf or custom system to meet exacting business requirements without the army of consultants and endless fees associated with other products and providers. For more information, please visit www.icontracts.com.

iContracts Media Contact: 
Anne Ambrosio
iContracts, Inc.
Tel: 908-393-9550
aambrosio@icontracts.com

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