Since passing into law, the Physicians Payment Sunshine Act requires pharmaceutical companies and manufacturers to report at the federal and state levels the amounts spent on individual healthcare professionals and organizations in the form of honoraria, travel, and other payments. Due to the cap limits, the collection, tracking, and reporting of this data is referred to as Aggregate Spend Programs. The goal is to provide traceability and transparency as to whom and how much is paid to healthcare professionals and organizations.
Compiling the data to meet the federal and state reporting requirements and addressing the disputes that will arise from the reporting process are only part of the challenge. Accurately and efficiently completing reporting is only possible when your company fully understands the various departments and whose data is to be incorporated.
OmniTek has experience in standing up Aggregate Spend programs: whether you require expertise to help scan the landscape within your company to understand the sources of the data that needs to be reported or identifying, implementing, and integrating the tools to more efficiently collect, clean, and file the required data.
Beyond Aggregate Spend, there are many other compliance requirements that must be adhered to. Whether related to Policy 70, HIPAA, or others, OmniTek can assist.