William Lit, Manager, KPMG to Speak at Knowledge Congress’ Live Webcast
New York, NY, May 15, 2013 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that William Lit, Manager, KPMG, will speak at a 2-hour webcast entitled “Sunshine Act: The Final Rule LIVE Webcast.” This event is scheduled for June 24, 2013 from 12pm-2pm (ET).
About William Lit
William Lit is a manager in KPMG’s Forensic Advisory practice in the United States. During his 8 years, he has focused on analyzing large and complex datasets in order to detect key patterns and metrics. William uses insights gained from these datasets to identify risks and recommend business solutions.
During the past 4 years, William has specialized in the life sciences industry. He has advised manufacturers on government pricing strategies such as unbundling, smoothing, rebate allocation, and general calculation methodologies. In addition, William has advised manufacturers on aggregate spend methodology, IT strategy, and led teams which have completed extensive data testing on aggregate spend systems.
About KPMG
With deep industry experience, insight, and technical support, KPMG LLP is one of the largest providers of audit, tax, and advisory services to pharmaceutical and life sciences companies. We help clients gain practical insight into emerging issues, consider approaches to balance risk and controls, improve performance, and explore the accelerating transformation of this industry, both domestically and globally.
For more information about KPMG, please call the KPMG Hotline at 1-877-679-KPMG (5764) or visit them at: www.us.kpmg.com
Event Synopsis:
Compliance for healthcare industry will be completely challenging as the Centers for Medicare & Medicaid Services (CMS) implements Final Rule of Section 6002 of the Affordable Care Act, commonly known as “Sunshine Act.” The provision aims to increase transparency of financial relationships between the industry, healthcare providers and patients.
More specifically, the Sunshine Act requires drug, biological and medical supply manufacturers (including group purchasing organizations (GPOs)) to report, in significant detail, payments made to physicians and other medical institutions to the Federal Government on an annual basis. It also the affected organizations, to report certain ownership or investment interest held by physicians and their immediate family members. Furthermore, the information that will be disclosed will be posted on a public website.
Group Purchasing Organizations, Device Manufacturers, Biotech Companies and Pharmaceutical Companies must have a complete understanding of the Final Rule to avoid penalties and fines.
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts 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.
The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries. For further details, please visit the organization’s website: www.knowledgecongress.org
About William Lit
William Lit is a manager in KPMG’s Forensic Advisory practice in the United States. During his 8 years, he has focused on analyzing large and complex datasets in order to detect key patterns and metrics. William uses insights gained from these datasets to identify risks and recommend business solutions.
During the past 4 years, William has specialized in the life sciences industry. He has advised manufacturers on government pricing strategies such as unbundling, smoothing, rebate allocation, and general calculation methodologies. In addition, William has advised manufacturers on aggregate spend methodology, IT strategy, and led teams which have completed extensive data testing on aggregate spend systems.
About KPMG
With deep industry experience, insight, and technical support, KPMG LLP is one of the largest providers of audit, tax, and advisory services to pharmaceutical and life sciences companies. We help clients gain practical insight into emerging issues, consider approaches to balance risk and controls, improve performance, and explore the accelerating transformation of this industry, both domestically and globally.
For more information about KPMG, please call the KPMG Hotline at 1-877-679-KPMG (5764) or visit them at: www.us.kpmg.com
Event Synopsis:
Compliance for healthcare industry will be completely challenging as the Centers for Medicare & Medicaid Services (CMS) implements Final Rule of Section 6002 of the Affordable Care Act, commonly known as “Sunshine Act.” The provision aims to increase transparency of financial relationships between the industry, healthcare providers and patients.
More specifically, the Sunshine Act requires drug, biological and medical supply manufacturers (including group purchasing organizations (GPOs)) to report, in significant detail, payments made to physicians and other medical institutions to the Federal Government on an annual basis. It also the affected organizations, to report certain ownership or investment interest held by physicians and their immediate family members. Furthermore, the information that will be disclosed will be posted on a public website.
Group Purchasing Organizations, Device Manufacturers, Biotech Companies and Pharmaceutical Companies must have a complete understanding of the Final Rule to avoid penalties and fines.
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts 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.
The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries. For further details, please visit the organization’s website: www.knowledgecongress.org
Contact
The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Contact
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