Tag: Sunshine Act

Don’t Get Burned by Error-Prone, Manual Sunshine Act Expense Reporting

Part of health care reform in America, the Physician Payments Sunshine Act (commonly referred to as the Sunshine Act) brought much needed transparency to the general public, but also provided a series of challenges for financial professionals at manufacturers of covered drugs, devices, biologicals and medical supplies and group purchasing organizations

Healthcare Expense Reporting for the Sunshine Act

In March 2014, Centers for Medicare and Medicaid Services (CMS) granted access to Open Payments for healthcare manufacturers which began Phase 1 of the expense reporting process. Now, applicable manufacturers are required to register and submit their expense data. Phase 2 is now in effect and enables you to check and correct your report. By…