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Key Take Away:
The Sunshine Act or Open Payments Program requires manufacturers of drugs, medical devices, and biologics that participate in U.S. federal health care programs to report certain payments and items of value given to physicians and teaching hospitals. This Act was part of a healthcare reform bill adopted in March 2010. It came about due to requests for increased transparency about the financial relationships between physicians and industry.
This informative webinar will highlight some important objectives and take-aways:
Purpose of the Sunshine Act
Why Should You Attend:
The Sunshine Act exposes the physicians and sponsors to new reporting requirements and detail noncompliance to which would lead to hefty fines. This webinar will summarize the new requirements and provide practical solutions to most common situations that are prevalent and necessary between sponsors and investigators. Templates for reporting format, exemptions to reporting requirements, and timelines for compliance and enforcement will be discussed.
Areas Covered in the Session:
Life science companies face the challenge of implementing the detailed reporting required by the Act as healthcare providers determine how to use their own data to anticipate public reporting of payments by life science companies to physicians and teaching hospitals. This webinar will examine the implications of the Sunshine Act for healthcare providers and life science companies, and discuss practical steps they can take to implement the Act and prepare for transparency.
Who Will Benefit: