Sunshine Act
Your Company and the Sunshine Act

Your Company and the Sunshine Act

When the Affordable Care Act was signed into law in 2010, the face of health care in the United States went through a massive change in a number of ways, for both consumers and business owners. If you own a company, you likely know about this all too well. And one of the biggest adjustments has to do with disclosure rules. It's called the Physicians Payments Sunshine Act. As of August of last year, all companies that deal with physicians and hospitals - such as manufacturers of medical devices, pharmaceutical firms and makers of biological products - are now required to report any payments made to doctors at health care centers and/or teaching hospitals to the Centers for Medicare & Medicaid Services, which operates under the umbrella of the U.S. Department of Health and Human Services. Anything more than $10 has to be reported. This includes expenses related to food, education, travel, consulting fees or charity contributions. Those that don't may be hit with a costly fin...
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Recent Articles

What Expenses Need to be Tracked Under the Sunshine Act?
Under the Physician Payments Sunshine Act, drug and medical device suppliers nationwide must track specific expenses. However, many firms might be unfamiliar with the regulation or its conditions, which can make it nearly impossible to avoid compliance issues. A well-informed business operator co...
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How to Prepare Against the Sunshine Act
As the Sunshine Act portion of the Affordable Care Act takes effect, doctors and medical professionals everywhere are now obligated to record and report any affected expenditures. For the most part, payments levied between doctors and pharmaceutical representatives are subject to the changes. But th...
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Sunshine Act Compliance with Certify
The Sunshine Act requires medical professionals to begin logging and reporting all transactions between themselves and other individuals within their industry. This new law was passed to help to give the American public a more transparent image of the medical industry. However, it could cause proble...
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Understanding the Sunshine Act with the help of Certify
The Transparency Reports and Reporting of Physician Ownership or Investment Interests section of the Patient Protection and Affordable Care Act - know colloquially as simply the Sunshine Act - signifies a major change for many individuals working within the medical industry. All U.S. drug and medica...
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Investigating the Sunshine Act
The Physician Payments Sunshine Act will have a major effect on drug manufacturers, doctors and medical professions across the country. Aimed at increasing the transparency surrounding relationships between doctors and the pharmaceutical industry, the Sunshine Act requires that all transfers of valu...
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Frequently asked questions about the Sunshine Act
The Sunshine Act has presented doctors and medical professionals everywhere with a large selection of questions to ask - about how they'll be affected, about how much extra work they'll be faced with, and about whether or not the provisions will change the way they do their jobs. The standards put i...
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What is the Sunshine Act 2013?
The Physician Payments Sunshine Act - or, simply, the Sunshine Act - is an extension of the Patient Protection and Affordable Care Act that aims to increase public transparency for the transactions made between healthcare providers and other individuals and corporations. The Sunshine Act is designed...
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Conference-related Sunshine Act exemptions outlined by government
With less than a month to go before the provisions take effect, many professionals in the medical industry are still debating the standards and language used within the text of the Sunshine Act. In response, the Center for Medicare and Medicaid Services recently outlined many of the exemptions inher...
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Sunshine act takes effect
Doctors, physicians, and other medical professionals, take note: the Physician Payments Sunshine Act has taken effect. This provision of the Affordable Care Act, which declares that all affected professionals disclose any financial exchanges or covered expenses, took hold on August 1. Many have worr...
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Sunshine Act will have repercussions for medical device manufacturers
With the passage of the Sunshine Act, everyone in the healthcare sector now faces tougher rules regarding what financial details they report to the federal government. Everyone, from the corporations selling prescription drugs to the scientists in research labs, is affected. But one group in particu...
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