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Act Ii Of The Sunshine Act
Author: Genevieve Pham-kanter
Publisher: Derivative Works
3 pages
One time payment: €0.00
Required subscription: Free
Type of publication: Article
ISBN/ISSN: 1549-1676
DOI: 10.1371/1001754
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Description:

With the rollout of the Sunshine Act’s [1] reporting system, monetary payments that pharmaceutical and medical device firms make to physicians are now available for public viewing [2]. Enacted in 2013, the Sunshine Act’s Final Rule [3] requires that drug and device firms operating in the United States report, to the US federal government and for public scrutiny, almost all payments and gifts that they make to physicians that are valued above US$10. Because the Act requires firms to report a wide variety of payments—for example, payments for meals, travel, and entertainment; compensation for consulting services; compensation for serving as a speaker for a continuing medical education program; research grants—the Sunshine Act and its Open Payments reporting system reveal a range of financial transactions that had previously been dimly and incompletely known to outsiders.

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