Understanding the ACA’s Open Payments Program
The Open Payments Program (or “The Sunshine Act”) is a portion of the Affordable Care Act that requires pharmaceutical and medical device companies to disclose all financial relationships between physicians and hospitals. These can include money for research, gifts, speaking fees, meals, or travel.
The high cost of compliance
The complexity of collecting and reporting large amounts of HCP data has forced many organizations to invest heavily in systems that will help them comply with Open Payments regulations. For organizations that fail to submit accurate and complete data, the costs can be significant.
Let SAP Concur partners help you comply with complex regulations
SAP Concur partners integrate directly with Concur Expense and Concur Invoice to automate and simplify Open Payments reporting. With our solutions, you can implement a less expensive compliance system, improve HCP data accuracy, and reduce the risk of costly non-compliance penalties.
Get real-time access to millions records in the MedProID HCP database within Concur Expense and Concur Invoice and easily comply with federal and state regulations.
Enter and automatically push expense and attendee data into Concur Expense and have it added to a new or existing expense report.
Provide real-time access to data required for Open Payments, EFPIA, MedTech Europe, and other global compliance regulations.
Meet reporting obligations, gain insights into spending practices, and aggregate expense data to comply with state and federal regulations.
Simplify and streamline call and expense reporting so reps can spend far less time entering data and more time selling.
Integrate your organization’s Concur Expense data with the Qordata Aggregate Spend software to simplify and streamline compliance.
Combine aPureBase HCP data with Concur Expense to aggregate spending, be more transparent, and improve reporting accuracy.
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