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Written by Corliss Collins BSHIM, RHIT, CRCR, CCA, CAIMC, CAIP, CSM, CBCS, CPDC and Sheryn Honest, MBA, MLS, CHCO, CHA, CPC The primary goal of the Sunshine Act is to increase transparency in the financial relationships between healthcare providers (physicians and teaching hospitals) and the pharmaceutical and medicaldeviceindustries.
If unaddressed, this could lead to significant data breaches, undermining the integrity of AI systems in healthcare, like those used in modern EHRs and medical coding. Sarah Carroll, Senior Vice President, Center for Care Transformation at AVIA Health Medicaid and Medicare have become one of the biggest quiet crises in health systems today.
The Morning Consult poll gives us some insights into this, nearly ten years later, through the observation of Scott Whitaker, chief executive of the medicaldeviceindustry group AdvaMed, who is quoted in the study press release.
Track – Physicians, advanced practice providers, and teaching hospitals should track all interactions with the pharmaceutical and medicaldeviceindustry involving payments or transfers of value to ensure the accuracy of data reported in the Open Payments system on an annual basis.
And these are considerations only in the context of potential tariff impacts, and not taking into account scenarios for cutting back on Medicaid, Medicare, or Social Security which continue to be uncertainties in the current political climate. economy as well as the economies of nations around the world.
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