Sunshine Act 2014 Flashcards

1
Q

Medical device and pharmaceutical companies are required to report: (2)

A
  1. payments or other transfers of value

2. recipients

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2
Q

What bill mandates that information be publicly available about physician (or immediate family members of a physician) ownership or investment interests in applicable manufacturers and group purchasing organizations (GPOs).

A

Section 6002 of the Affordable Care Act

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3
Q

Payments and transfers of value under the Sunshine Act, the following 4 bits of information must be reported:

A
  1. physician’s name and address
  2. amount and date of the payment
  3. form of the payment, such as cash or stocks
  4. nature of the payment, such as consulting fees, gifts, or entertainment expenses
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4
Q

On which date will information become publicly available

A

Sept 30, 2014

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5
Q

14 exceptions to the rule or reporting.

A
  1. “in-kind” items for charity
  2. mutual funds?
  3. self-insured plans
  4. non-medical professional services.
  5. civil or criminal action or an administrative proceeding.
  6. value $100 in a calendar year
  7. Certified CME
  8. buffet, snacks, soft drinks or coffee available to large scale conference
  9. Product samples not intended to be sold and are intended for patient use.
  10. educational materials that directly benefit patient care. textbooks not excluded.
  11. loan of a medical device for trial period <90 days
  12. contractual items including replacement of a covered device.
  13. when physician is a patient
  14. discounts
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6
Q

Manufacturer reporting categories: (14)

A
  1. Consulting fees
  2. Compensation for services other than consulting
  3. Honoraria
  4. Gift
  5. Entertainment
  6. Food
  7. Travel
  8. Education
  9. Research
  10. Charitable contribution
  11. Royalty or license
  12. Current or prospective ownership or investment interest
  13. Direct compensation for serving as faculty or as a speaker for a medical education program
  14. Grant
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7
Q

Physicians have ____ days once CMS provides access to individual physicians’ consolidated industry reports via online portal to challenge reports

A

45 days

portal will allow physicians to contact the manufacturer/GPOs that submitted inaccurate, misleading, falst information in order to resolve disputed submissions

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8
Q

If physician/manufacturer cannot resolve dispute, additional ____ days provided before report is made public

A

15 days

If still not reached, info will be flagged but report will be posted on public webpage CMS develops

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9
Q

Physicians are able to seek correction or contest reports for _____ after access has been provided to a report with dispute info

A

2 years

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