Open Payments

2021 Open Payments Expansion

Overview Since the enactment of Open Payments (Sunshine Act), Life Sciences organizations have faced the daunting task of collecting, verifying, and reporting compliance-related spend and research. The necessary tracking is time-consuming and can be error-prone, leaving exposure to risk. Penalties for knowing failure to submit timely, accurate, or complete information to the Centers for Medicare…

The Approaching CMS Open Payments Expansion in 2021/2022

Signed into law on October 24, 2018, the ‘Fighting the Opioid Epidemic with Sunshine Act’ expands the scope of reporting requirements under the Open Payments (Sunshine Act) program to include Advanced Practice Registered Nurses (APRN) and Physician Assistants (PA) in the definition of a Covered Recipient. Starting on January 1, 2022, Life Sciences organizations will…