New York, NY, October 01, 2015 --(PR.com
)-- Brian A. Bohnenkamp, Attorney, King & Spalding LLP to Speak at the KC’s Navigating the Physician Payments Sunshine Act: Significant Implications to Healthcare and Medical Industries Live Webcast.
The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Brian A. Bohnenkamp, Attorney, King & Spalding LLP will speak at the Knowledge Group’s webcast entitled: “Navigating the Physician Payments Sunshine Act: Significant Implications to Healthcare and Medical Industries Live Webcast.” This event is scheduled for January 11, 2016 from 3:00 PM to 5:00 PM (ET).
For further details, please visit: http://theknowledgegroup.org/event_name/navigating-the-physician-payment-sunshine-act-significant-implications-to-healthcare-and-medical-industries-live-webcast/
About Brian A. Bohnenkamp
Brian Bohnenkamp is a Senior Associate in the Washington, D.C. office of King & Spalding and a member of the FDA & Life Sciences Practice Group. He regularly counsels manufacturers of drugs and medical devices on a variety of regulatory compliance issues, including those involving compliance with federal and state transparency laws, fraud and abuse laws (including the federal Anti-Kickback Statute), and government ethics restrictions, as well as compliance with industry codes, including the AdvaMed and PhRMA Codes, and the development and implementation of comprehensive compliance programs. Mr. Bohnenkamp provides counsel to the Ad Hoc Sunshine and State Law Compliance Group (a coalition of medical device and pharmaceutical manufacturers) on a variety of laws and regulations, including state marketing code of conduct laws, gift prohibition laws, and marketing costs disclosure laws, as well as the federal Physician Payments Sunshine provisions. He also has experience representing manufacturers before government enforcement authorities to resolve allegations of non-compliance with gift restrictions/bans and transparency requirements.
About King & Spalding LLP
Celebrating more than 130 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with 900 lawyers in 18 offices in the United States, Europe, the Middle East and Asia. The firm has handled matters in over 160 countries on six continents and is consistently recognized for the results it obtains, for uncompromising commitment to quality and for dedication to understanding the business and culture of its clients. King & Spalding was recently chosen by U.S. News & World Report and Best Lawyers as the “Law Firm of the Year” for FDA law and LMG Life Sciences selected the firm as one of the finalists for “Regulatory Firm of the Year” in 2015.
With increasing scrutiny of interactions between health care providers and life sciences manufacturers, the enactment of the Physician Payments Sunshine Act was intended to shed light on industry-provider relationships. Under the Act, drug, biological, medical device and medical supply manufacturers are required to annually report certain information about payments and other transfers of value that they provide directly or indirectly to U.S. physicians and teaching hospitals, as well as certain ownership or investment interests that physicians hold in such manufacturers, to the Centers for Medicare and Medicaid Services (“CMS”). CMS is required to annually publish the data on its website.
For the 2014 Sunshine reporting period, CMS published data on over 11 million transactions representing more than $6 billion in value. Though the Act's focus is on increasing transparency of industry-health care provider relationships, some are wary of how these collected and disclosed data could more broadly affect the health care and medical industries. Thus, it is with great importance for companies to maintain a robust compliance program to help avoid potential enforcement actions and penalties arising from the Sunshine Act data and reporting requirements.
In this two-hour live Webcast, a panel of distinguished professionals and thought leaders assembled by the Knowledge Group will help the audience navigate the Physician Payment Sunshine Act and will provide an in-depth discussion of its significant implications to healthcare and medical industries. Speakers will also offer best practices in developing and implementing an effective and efficient Sunshine compliance program.
Key topics include:
• Physician Payments Sunshine Act - An Overview
• Sunshine Reporting Requirements and Exclusions to Reporting
• Penalties for Non-compliance and the Current Enforcement Environment
• Key Implications for Stakeholders
• Practical Implementation Issues and Hurdles
• Best Practices
About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/