Importance of Sunshine Act Training: 5 Points
The Physician Payment Sunshine Act, better known as Sunshine Act was enforced as a law in 2010. Being a new law, not many people in the medical field know a great deal about it. Therefore it is important that you know what this act is all about. The Sunshine Act was passed to make transparent the relationship between physicians and medical manufacturers and vendors. This enables the general public to be involved and it also prevents frauds in the system due to abuse of power by physicians and medical manufacturing companies.
Medical employees in the U.S have lots of training courses to attend and so do medical manufacturers and vendors. The Sunshine Act training is one such training program that is essential to attend. This training will give you an overview of the act and teach you about the changes it has brought about in the healthcare industry. Attending such a training program is the easiest and most convenient way for physicians and medical vendors to know and understand the guidelines of this act.
Here are five reasons why Sunshine Act Training is important.
– Training enables the medical practitioners to understand the changes brought about by the act and to become aware of their new responsibilities. They now need to record, track, and report all their financial and business dealings with medical manufacturing companies. The training will teach them how they are to do this and comply with the other regulations of the Sunshine Act.
– Sunshine Act training is essential for physicians because it is an easy and quick way to understand the legal requirements of this law, rather than trying to read and understand it for themselves. The training is of a short duration and the test that follows is easy too. Most of the time the agencies provide training together for all the employees, which saves a lot of time.
– This training is important for medical manufacturers and vendors because it familiarizes them with the law and helps them not to cross the boundaries set by the law with regard to the payments and transactions made to the physicians. The training helps them understand the legal implications of this act in a simplified and clear manner.
– There are severe penalties of non compliance with the guidelines of the Sunshine Act. Therefore, training helps both the physician and medical manufacturing companies to avoid facing huge fines.
– By becoming a part of the Sunshine Act training program, you will be able to receive free notifications and updates about any additions and changes in the act. These updates are essential as they enable you to be up to date with the recent amendments.
For a healthcare employee, all the training programs are an asset. It is the same with this training program. As this is a new law, it is important to know all that it entails so you can be a part of the change it is bringing to the healthcare system.
For more information, please visit our Texas HB300 website.
For more information, please visit our Texas HB300 website http://www.hipaaexams.com/sunshine-act.asp
Author Bio: For more information, please visit our Texas HB300 website.
Category: Advice
Keywords: Texas HB300