R-Squared Services & Solutions, Inc. (R-Squared) is a consulting and software group that helps companies develop more efficient and effective ways to assure compliance with the web of regulations and laws affecting the organization. R-Squared's solutions are especially good at translating regulatory requirements into workable tools and practices that simplify the task of abiding by regulations, while generating solid evidence of compliance at the same time. We're about tighter compliance, with less burden. R-Squared provides expert help developing processes and procedures for dealing with regulations, as well as specific settlements and arrangements. Their technology teams also design and deploy software systems that can streamline all the tracking, record-keeping, and reporting tasks required by the regulatory environment. All based on their proven RADS® ("Rapid Application Development System") rapid-development framework. Fore more information, please visit www.r2ss.com.
About IMS Health
IMS Health (NYSE:IMS) is a leading global information and technology services company providing clients in the healthcare industry with comprehensive solutions to measure and improve their performance. End-to-end proprietary applications and configurable solutions connect 10+ petabytes of complex healthcare data through the IMS One™ cloud platform, providing comprehensive insights into diseases, treatments, costs and outcomes. The company's 15,000 employees blend global consistency and local market knowledge across 100 countries to help clients run their operations more efficiently. For more information, please visit www.imshealth.com.
About Madison Park Group
Madison Park Group is an investment banking firm that blends 25+ years of investment banking and operating experience in enterprise software & SaaS, digital media and tech-enabled services. MPG has closed over 130 M&A and fundraising transactions for a range of VC-backed and founder-owned technology companies.
On September 1, 2015, IMS Health completed the acquisition of R-Squared Services & Solutions Inc. (R-Squared). Located in Princeton NJ, R-Squared specializes in software and services in support of Aggregate Spend/Transparency Reporting. This is an exciting milestone as we combine critical capabilities to bring greater value to our clients. Life science companies are dedicated to improving healthcare. Their continued collaboration with the medical community is critical to building a better health care system in which patients live healthier, more productive lives. This requires life science companies to interpret evolving regulations and implement efficient solutions that report on the activity associated with the medical community. R-Squared is a leader in aggregate spend and transparency reporting for the healthcare industry. The combination of R-Squared’s deep regulatory expertise and flexible software with IMS Health’s aggregate spend software will allow clients to better meet these complex regulatory requirements.