Physician Payment Sunshine Act Can Help Record the Monetary Activity in Healthcare Sectors
The Physician Payment Sunshine Act , a provision of the Affordable Care Act of 2010, required drug and device manufacturers to gather and report financial data describing the sums of money and gifts they pay annually to doctors, surgeons, dentists, some osteopathic practitioners, and teaching hospitals. How Did the Sunshine Act Get Passed? By improving the openness of the financial ties between healthcare professionals and the drug industry, the bill seeks to increase patient safety. Research began to emerge in the early 2000s indicating even modest presents, like the pens or mugs that have been frequently presented to doctors, might have an impact on prescription patterns in a manner that was not consistent with what was optimal for patient outcomes. The results of this study significantly altered certain pharmaceutical marketers' strategies. In an effort to promote openness in medical Cms Open Payments , therefore, senators sponsored the Physician Payments Sunshine...