Compliant Sunshine Act Reporting
Shack Accounting offers Sunshine Act reporting to help healthcare businesses file Open Payments data accurately and stay audit-ready.
Why Choose Shack Accounting for Sunshine Act Reporting?
Accurate disclosures, stress-free compliance, and expert help.
- Specialized Open Payments Support: We help medical device and pharma clients prepare detailed physician payment disclosures. We handle vendor fees, gifts, speaking arrangements, and other reportable transactions under Sunshine Act guidelines.
- Streamlined Data Collection & Entry: Our team simplifies Sunshine Act reporting with templates and software tailored for businesses, eliminating guesswork and human error during data aggregation.
- Deadline Management & Submission Reviews: We track all federal timelines and conduct a pre-submission review for every client, so disclosures are accurate and on time.
Why Sunshine Act Reporting Matters?
Transparent healthcare relationships begin with accurate reports.
- Meet Federal Reporting Requirements Every Year: Noncompliance with Open Payments rules can result in fines and investigations. We help you maintain clarity and prevent exposure through precise data tracking.
- Protect Business and Brand Reputation: Late or incorrect reporting can lead to media attention or reputational risk. Our experts ensure every disclosure meets CMS transparency standards.
- Reduce Risk of Disputed Disclosures: We structure reports to reduce flagged payments and challenge rates. Our accounting process gives you greater confidence and lower CMS rejection risk.
FAQs
Frequently Asked Questions
All-In-One with Shack Accounting
Embrace the future with our cutting-edge accounting solutions, offering a comprehensive, all-in-one response to meet your diverse accounting needs.