The implementation of the Sunshine Act in 2013, was a game changer for the pharmaceutical sales process. With the new regulations in place, pharmaceutical companies have been forced to forgo offering extravagant gifts, making business lunches one of the most viable methods for pharmaceutical reps to present new drug treatment options to physicians. As a remote business lunch platform, eatNgage can help pharmaceutical companies save time and money, and reach more prospects, all while ensuring 100% compliance with current laws and regulations. Here are a few objectives pharmaceutical companies can achieve with eatNgage:
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One of the key aspects of the Commission’s role is to prevent problem gambling and minimize the harm caused by gambling activities. It achieves this through various mechanisms, including licensing requirements, player protection measures, and promoting responsible gambling practices.
The New Zealand Gambling Commission is responsible for issuing licenses to operate casinos in the country. Before granting a license, the Commission thoroughly assesses the suitability of the applicant, ensuring that they meet the necessary criteria and have the required financial stability to operate a casino. This process helps to maintain the integrity of the industry and prevents any potential criminal activities associated with gambling operations.
The Commission also regulates the ongoing activities of licensed casinos to ensure that they comply with the law. It monitors the financial transactions, gaming machines, and the overall conduct of casinos to prevent any illegal or unfair practices. Regular inspections and audits are conducted to verify compliance and maintain the transparency of operations.
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The New Zealand Gambling Commission places great emphasis on player protection and responsible gambling. It requires all licensed casinos to implement measures that promote responsible gambling practices and prevent problem gambling. These measures include self-exclusion programs, information about the risks of gambling, and access to support services for those who may need help.
The Commission also ensures that casinos have appropriate systems in place to detect and address any signs of problem gambling among their customers. This includes training staff to identify potential issues and providing resources to assist individuals who may be at risk. By promoting responsible gambling, the Commission aims to minimize the harm caused by excessive gambling and protect vulnerable individuals.
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The New Zealand Gambling Commission plays a crucial role in regulating casinos and ensuring the integrity of the gambling industry in the country. Through licensing, monitoring, and enforcement of regulations, the Commission maintains a safe and fair gambling environment for players. Its focus on player protection and responsible gambling practices helps to minimize the harm caused by excessive gambling and promotes a sustainable gambling culture in New Zealand.
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1. Increase the number of virtual meetings with physicians. Research has shown that doctors who are treated to a meal by pharmaceutical reps, are more likely to prescribe the promoted drug. However, in-person, business lunch meetings can come with additional expenses and time constraints. By offering a lunch incentive through eatNgage you’ll see a significant increase in the number of physicians accepting your virtual meeting. This is a convenient, yet personal way to meet with doctors and present information about new medications.
2. Easy Sunshine Act Compliance. Keeping track of gifts and value exchanges with physicians in order to comply with the Sunshine Act does not need to be a headache. In fact, with eatNgage, it’s easy. When a physician orders a meal through eatNgage they’ll be required to enter their NPI (National Provider Identification) number. You’ll then be able to easily transfer this information to your tracking system and submit it to the government.
3. Reduce the use of outside sales reps and travel expenses. The expenses associated with utilizing outside sales reps can be substantial. Apart from their salary, other expenses may include travel arrangements, mileage reimbursement, food allowances, and hotel accommodations. Add that to the money spent on catered meals for doctors and their staff, and you’re talking millions of dollars each year. eatNgage gives pharmaceutical reps the ability to host remote business lunch meetings with doctors from all over the U.S. By utilizing our platform you can greatly reduce the use of outside sales reps, and ultimately reduce the amount of time and money allocated to in-person sales meetings.
Start a Free Trial – eatNgage can help you take your pharmaceutical sales strategy to the next level while saving you time and money and facilitating Sunshine Act compliance.
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