Sunshine Act

By Ryan McGuire,Senior Research Analyst A study published in the British Medical Journal has received a lot of attention lately. It highlighted the prevalence of financial conflicts of interest (COI) for researchers sitting on 14 specific guideline-setting...

The sunshine provision of the landmark U.S. healthcare law passed in 2010 requires that drug and device manufacturers report all gifts and payments exceeding $10 in value. While the law seems clear for consulting fees, it becomes quite murky when discussing clinical...

As compliance and medical affairs teams prepare for the Sunshine Act, they are relying less on exact compensation limits for key opinion leaders.  “KOL Fair-Market Value and Aggregate Spend: Documentation, Tracking and the Sunshine Act” found that only 35...

Cutting Edge Information’s new research on European fair-market value benchmarks found that drug manufacturers spend between €153 and €283 for a typical key opinion leader (KOL) engagement. Payments vary by company size; biotechnology companies pay European...

Average physician fee schedules for hourly payments to KOLs have fallen each year since 2006, finds Cutting Edge Information Drug and device manufacturers have responded to criticism over physician payments by decreasing their average level of compensation by...

Although the Sunshine Act requires disclosures for grants and other funding of medical research, the majority of payment categories are focused on promotional engagements. A new report from Cutting Edge Information finds that drug manufacturers are feeling the...

Cutting Edge Information Declares Series of New Disclosure Laws Not Yet Over The wave of pharmaceutical transparency laws has not yet crested, according to research from Cutting Edge Information, and drug companies are responding with steps to reveal their compensation...

As drug companies face requirements to report all spending on physician-related activity, relationships between thought leaders and drug manufacturers are feeling the strain. Aside from individual state laws requiring companies to report payments to physicians,...

The Sunshine Act, originally drafted in 2007, has been made law as part of the Patient Protection and Affordable Care Act. What passed was really a revised version of the original, of course, but the Sunshine Act is now the law of the land, and that will impact...