Our physicians have never received payments, commissions, gifts, or meals from pharmaceutical, medical device, or wellness companies. Rest assured that any recommendation provided by our physicians has not been biased by anything other than an honest assessment of its utility in your treatment plan.

Understanding the Sunshine Act: Transparency in Healthcare

​

At The Faculty Practice, LLC, we prioritize transparency and ethical practices in all aspects of care. To help you better understand your healthcare journey, we want to provide clarity about the Sunshine Act and how it impacts your experience as a patient.

​

What is the Sunshine Act?

The Sunshine Act, officially known as the Physician Payments Sunshine Act, is a U.S. federal law enacted in 2010 as part of the Affordable Care Act. Its primary goal is to increase transparency in healthcare by requiring medical manufacturers to disclose any financial relationships they have with healthcare providers. This includes payments, gifts, or other forms of value given to doctors, hospitals, or teaching institutions.

​

Why Was the Sunshine Act Created?

The Sunshine Act was designed to:

• Promote Transparency: By making financial relationships between healthcare providers and manufacturers visible to the public, patients can better understand any potential conflicts of interest.

• Build Trust: Transparency helps foster trust between patients and their healthcare providers.

• Encourage Ethical Practices: The law aims to ensure that decisions about patient care are based on medical expertise and patient needs, not financial incentives.

​

What is Reported Under the Sunshine Act?

Healthcare manufacturers are required to report a variety of transactions to the federal government. These include:

• Payments: Consulting fees, speaking engagements, or honoraria.

• Gifts: Meals, travel, or other non-monetary items.

• Research Funding: Financial support for clinical trials or other research activities.

• Ownership Interests: Information about healthcare providers who have ownership or investment interests in medical companies.

The data collected is publicly available in the Open Payments Database, managed by the Centers for Medicare & Medicaid Services (CMS).

​

What Does This Mean for You as a Patient?

The Sunshine Act gives you access to information that can help you make informed decisions about your healthcare. By visiting the Open Payments Database, you can:

• View Financial Relationships: Learn if your doctor has received payments or gifts from pharmaceutical or medical device companies.

• Ask Questions: If you see a financial relationship, you can discuss it openly with your provider to understand how it may (or may not) affect your care.

• Feel Empowered: Transparency helps you take an active role in your healthcare decisions.

​

How Does The Faculty Practice, LLC Approach Transparency?

At The Faculty Practice, LLC, we are committed to putting patients first. While financial relationships are common in healthcare, our providers prioritize your well-being above all else. We encourage open communication and welcome any questions you may have about our relationships with medical manufacturers or the impact of the Sunshine Act on your care.

​

Want to Learn More?

For additional details, visit the Open Payments Database or speak with one of our team members. We're here to ensure you have the information and confidence you need to navigate your healthcare journey.

Transparency is the foundation of trust, and at The Faculty Practice, LLC, we're dedicated to building that trust every day.