Portsmouth, NH April 13, 2012 MMIS, Inc. presented a survey in conjunction with a major US-based physician association regarding physician aggregate spend awareness of the Sunshine Act at The National Disclosure Summit in Washington, DC on March 28th.
This 10-minute online survey was sent out to 50,000 specialists and primary care physicians between December 21, 2011 and January 4, 2012 and showed that 47% of respondents were unaware of the overall Physician Payments Sunshine Act.
Awareness regarding details of the Sunshine Act was much lower. In addition, the majority of respondents (56%) were found to be concerned about the overall Sunshine Act and 61% would prefer to access an online portal to view spend prior to being reported and disclosed to the public.
The objective of the study was to measure physician awareness of ‘Physician Payment Sunshine Provisions’ and gauge physician interest for an online, secure portal that will help physicians review and manage reporting of gifts and payments received from pharmaceutical and medical device manufacturers.
This survey updates a previous survey conducted by MMIS and The Regulatory Law Group in October 2011 of 500 compliance officers and physicians that showed comparable results: 47% of respondents were NOT aware that pharmaceutical and medical device manufacturers will be required to track and report to the federal government expenditures made to physicians greater than $10.00. And 53% of respondents were NOT aware that this information would be available in the public domain for public scrutiny in early 2013.
The survey results and the Physician’s Professional Network® online portal will be presented at CBI’s 3rd Annual West Coast Forum on Sunshine, State Laws and Aggregate Spend in San Diego, California April 16-17.
ABOUT MMIS Inc.
MMIS, Inc. is a global technology company that develops secure communication solutions for many Fortune 500 companies. For over a decade, MMIS has deployed proprietary open collaboration technologies that enable its clients to drive greater productivity by managing and exchanging data, ideas, opinions, and intellectual capital in an ultra-secure environment.
Developed and marketed by MMIS, MediSpend® Family of Products are secure hosted platforms sold as a software-as-a-service (SaaS) solutions to meet the needs of industry, academic institutions and physicians. Developed by attorneys and IT specialists with over a dozen years of experience in healthcare compliance, the MediSpend® Family of Products represent the first end-to-end compliance solutions designed specifically to help pharmaceutical and medical device companies track and report HCP and HCO spend while simultaneously managing physician relationships. MediSpend® is a customizable, comprehensive, web-based solution that simplifies compliance with the Patient Protection Affordable Care Act.
For more information please visit medispend0.wpengine.com or contact us at email@example.com. MediSpend® is developed by MMIS, Inc., a global technology company with offices in New York, NY and Portsmouth, NH.
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