“The Sunshine Act makes it
possible to see which Big Pharma and medical device companies pay your
At ACTRIMS/ECTRIMS there was business as usual but the industry stands were in stereo one for US Docs and one for the Rest of the World. The stands were rather stripped down compared to yesteryear.
Whilst some companies still lavish corporate hospitality as part of their engagement with clients, this has essentially been removed from the pharmaceutical industry. The days of the company sponsored bar have gone…boo hoo. This is especially the case in the US.
The Sunshine law is part of the Affordable Care Act,
passed by US Congress in 2010. It mandates that every pharmaceutical and medical
device company in the country annually disclose payments made to doctors and
teaching hospitals for a range of activities including promotional speaking,
research grants, meals, and trips of at least $10 value. In addition,
manufacturers and group purchasing organizations are required to report
physician ownership or investment interests.
The companies had to
provide details to the federal agency, the Centers for Medicare and Medicaid
Services (CMS), about what they gave to whom and why, the amount and date of the
payment, the name and address of the recipient, the associated physician ID
number, the form of the payment (cash, services, stock options, etc.), and a few
words about the context under which the payment was made.
medical doctors had to be reported but not nurse practitioners
and physician assistants since the law doesn’t require reporting on payments to
September 30 2014.”