The Sunshine Act, which is part of the Affordable Care Act (ACA), requires manufacturers of drugs, medical devices, and medical supplies that participate in Federal health care programs to begin reporting on financial interactions with physicians, beginning August 1st of this year. The majority of this information will be posted on a public website managed by the federal government. The key dates are as follows:
- August 1 through December 31, 2013: Manufacturers are required to begin collecting and tracking payment, transfer, and ownership information. Thereafter, they are required to report for each full calendar year.
- January 1, 2014: CMS expects to launch the physician portal that allows physicians to sign-up to receive notice when their individual consolidated report is available for review. This portal will also allow physicians to contact manufacturers/GPOs if they want to dispute the accuracy of a report.
- March 31, 2014: Manufacturers/GPOs will report the data for 2013 to CMS.
- June 2014: CMS is expected to provide physicians access to their individualized consolidated version of all manufacturers/GPO reports for the prior calendar year in June 2014. Physicians may access the consolidated reports via an online website portal maintained by CMS and will be able to seek correction or modification by contacting the manufacturer/GPO through the portal.
- September 30, 2014: CMS will release most of the data on a public website.
View AMA’s archived broadcast from the April 25 webinar on “Physicians Preparing for the Sunshine Act: What You Need to Know and How to Prepare.” Read the Sunshine Act Physician Brochure and view FAQ’s and other resources on AMA’s website.