On February 1, 2013, Centers for Medicare and Medicaid Services (CMS) published the long-awaited Physician Payment Sunshine Act (Sunshine Act) Final Rule, implementing Section 1128G of the Social Security Act.
The Sunshine Act (passed in 2010 as part of the Affordable Care Act and summarized here) requires applicable manufacturers of covered drugs, devices, biologicals, and medical supplies to report annually all payments and other transfers of value to physicians and teaching hospitals.
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Topics: Affordable Care Act, CMS, Drug Manufacturers, Medicaid, Medical Devices, Medical Supplies, Medicare, Payment Records, Physicians, Sunshine Act, Teaching Hospitals
Published In: General Business Updates, Health Updates, Science, Computers & Technology Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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