is being presented by John Patrick Oroho, Principal, Porzio, Bromberg & Newman, P.C. and airs on Wednesday, April 6th, 2011. For more details or to register, please visit our site at www.fxconferences.com
The Physician Payment Sunshine Act became law as part of healthcare reform measures in 2010. Life science companies are now required to track, aggregate and disclose the amount they append on physician payments and transfers of value and gifts (i.e. meals, etc.). Federal regulations for the Sunshine Act are to be promulgated by October 2011. However, since spend transactions need to be captured for federal reporting purposes beginning on January 1, 2012, it is necessary to start to preparing before the regulations are published.
At the same time, several state legislatures are also establishing and passing their own laws which influence how life science companies can carry out business in those locales.
In this audio conference presentation we look at what type of information will need to be captured and reported pursuant to the Sunshine Act. The speaker also provides an update on state activities, with information relating to drug samples, laws governing lobbying, and other local regulations of particular concern to life science companies.
