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Learn more about aggregate spending and the Sunshine Act in the healthcare industry and why it is important for everyone to understand.
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The Physician Payments Sunshine Act is a 2010 United States healthcare law to increase transparency of financial relationships between health care providers and pharmaceutical manufacturers.
The Sunshine Act will go into effect soon. Here's what you need to know to keep on the right side.
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Aggregate Spend is the process used in the USA to aggregate and monitor the total amount spent by healthcare manufacturers on individual healthcare professionals and organizations (HCP/O) through payments, gifts, honoraria, travel and other means. Also often referred to as the Physician Payments Sunshine Act, this initiative is a growing body of federal and state legislations intended to collectively address all or some of the following goals:
The industry is far from ready when it comes to collecting, aggregating, cleansing and disclosing data about regulated financial transactions with doctors and hospitals . . .
Read about the Sunshine Act, a law to increase transparency about financial relationships between health care providers and pharmaceutical companies.
