|Physician Payment Sunshine Act:
Are you ready?
CMS is expected to provide its final guidance on the Physician Payment Sunshine Act next month, but that doesn’t mean you should wait around to hear what it has to say. In reality, it’s crunch time for manufacturers to prepare. The companies that take steps now can be ready for whatever CMS decrees.
More importantly, lack of preparation can cost your company dearly. Settlements between manufacturers and the government have been increasing in frequency and fine amounts. This should be a warning sign for pharmaceutical and medical device manufacturers about the Sunshine Act. Avoid compliance concerns by beginning your preparations today!
Don’t know where to start? Becky Holloway shared five ways to prepare for the Sunshine Act over at MedCity News. Read through the article to find out what you can do today to get ready for the Sunshine Act.