Press Release

Baker Tilly and MediSpend expand complianceNOW suite with launch of stewardshipNOW to transform life sciences compliance

June 2, 2025

CHICAGO (June 2, 2025) – Building on its collaboration with MediSpend, leading advisory, tax and assurance firm Baker Tilly announces the expansion of its healthcare compliance platform, complianceNOW, with the launch of stewardshipNOW, a comprehensive compliance solution that streamlines external funding management for life sciences organizations.

Powered by MediSpend, and building off of the success of engagementNOW, stewardshipNOW automates the administration of grants, charitable contributions, sponsorships and investigator-initiated research funding. The solution helps life sciences companies align healthcare funding initiatives with corporate values while meeting evolving regulatory requirements.

With configurable workflows, customizable portals and robust compliance oversight, stewardshipNOW simplifies funding processes from submission through payment execution and reconciliation.

“stewardshipNOW empowers life sciences companies to manage the complexities with external funding in a compliant, ethical and efficient way,” said Darren Jones, Baker Tilly principal, life sciences consulting. “Our collaboration with MediSpend combines strategic insight with advanced technology, helping organizations reduce administrative burden, mitigate risk and execute their funding strategies with confidence and integrity.”

Life sciences organizations rely on solutions like stewardshipNOW to manage programs for continuing medical education, charitable contributions, corporate sponsorships and patient advocacy funding. Baker Tilly supports organizations in developing global philanthropy strategies, implementing robust compliance controls and driving impactful funding initiatives that respect recipient independence and align with corporate values.

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