Are you ready? October 3rd 2018 congress passed Substance Use-Disorder Prevention that Promotes Opioid Recovery and Treatment for Patients and Communities Act, that will be in effect on or after January 1st 2022. The Sunshine Act was originally designed to promote transparency in transfer of value relationships between applicable medical suppliers and physicians / teaching hospitals. Since inception, the Sunshine Act has been a work in progress. Questions arose about the accuracy of reported data, requirements for verifications of submissions, and physician interactions with reporting along with challenging discrepancies.
A quick summary: “Enacted in 2010 as part of the Affordable Care Act, the Sunshine Act requires applicable Manufacturers to track and publicly report payments and other transfers of value that they make to “covered recipients,” defined as physicians and teaching hospitals, unless otherwise excepted from reporting. The SUPPORT Act will expand the definition of “covered recipients” to also include physician assistants, nurse practitioners, clinical nurse specialists, certified registered nurse anesthetists, and certified nurse-midwives. Thus, physician assistants, nurse practitioners, clinical nurse specialists, certified registered nurse anesthetists, and certified nurse-midwives need to be keeping in mind that certain direct or indirect payments and transfers of value from applicable Manufacturers may soon be made publicly available and searchable. Further, the SUPPORT Act will expand the Sunshine Act reporting requirements by lifting the prohibition on making the covered recipients’ National Provider Identifier (“NPI”) numbers publicly available.” - Rachel B. Goodman; Hayley H. Salem
The question is, how are your reporting systems going to evolve? Are you currently at risk of being a victim of fraudulent or accidental employee reporting? The good news is you don’t have to be! Validu was created to address the current state of reporting requirements and has the capacity to scale with new reporting recipients. Through a simple mobile application, field representatives can validate every event participant to substantiate TOV interactions any day, anytime, any where! Also, say goodbye to time consuming physician challenges! Validu's verified event prospectus will be provided for every event conducted utilizing the Mobile Event Verification tool!
So are you ready? If you’re uncomfortable with that question, please reach out! It only takes a few minutes to understand the simplicity and the power within the Validu Mobile Event Verification system.