The Physician Payments Sunshine Act is a U.S. law requiring healthcare manufacturers to report aggregate spend—the total amount of all payments and “transfers of value” to physicians and teaching hospitals. After much debate and delay, the law finally went into effect in February, 2013, prompting manufacturers to begin data capture on August 1, 2013 followed by their first federal reports due to the Centers for Medicare and Medicaid Services (CMS) by March 31, 2014.
According to Christine Meyers, Associate Director, Corporate Compliance at Alere, Inc., many companies are just waking up to the realities of aggregate spend reporting. She says the process is too burdensome and time-consuming for large companies to manage manually. We caught up with Christine to learn more about the challenges created by the Sunshine Act, as well as the portal Alere developed with the Mendix App Platform to streamline aggregate spend reporting. Continue reading