Hi Ramp Community!
I’m Joey, and I lead our verticalization efforts and technical partnerships here at Ramp. I’m excited to share that we’ve just launched Ramp’s Sunshine Act compliance solution, built specifically for life sciences organizations.
If you’re working in life sciences, you’re all too familiar with the headache of tracking and reporting payments to healthcare providers (HCPs) for federal compliance. We’ve heard many stories of teams juggling multiple systems and drowning in time-consuming manual processes just to attempt to meet Sunshine Act requirements.
Built directly into Ramp and available to all Ramp Plus customers, this new solution helps life sciences organizations track, manage, and report payments to HCPs to comply with the Sunshine Act.
Starting today, you can:
- Tag HCP attendees at point of spend from the NPPES database, which Ramp updates weekly.
- Apply Sunshine Act coding per expense, including form of payment, nature of payment, and related product.
- Monitor spend with Ramp dashboards for point-in-time, year-to-date, or custom date range reports.
- Export ready-to-submit Open Payments CSV files precisely formatted to CMS requirements in one click.
- Access raw data for all other auditing purposes.
No more external tools. No more manual tracking. Just seamless compliance built directly into Ramp’s all-in-one financial operations platform that lets you focus on what actually matters: developing innovative products and services that help people enjoy a better quality of life.
Learn more here:
Life Sciences Page
Blog Article
If you’re in healthcare or life sciences and want to chat about how Ramp’s Sunshine Act compliance solution could work for your organization, drop a comment or shoot me a message. Always happy to talk shop about healthcare tech!
