Drug companies and medical device makers are searching for a miracle cure of their own these days—to solve the enormously difficult task of compliance with healthcare reform’s new Sunshine Rules.
The rules require those two sectors to track and disclose all the payments they make to medical professionals; that might range from research grants paid to the local teaching hospital to free dinners handed out to doctors attending medical conferences. Proposed only months ago, the Sunshine Rules aren’t even in final form yet, but since the official deadline to submit the data to regulators begins next year, businesses are already scrambling to build compliance policies, systems, and procedures.
