As a result of the disclosures, many physicians are rethinking their relationships with device companies. The website will report gifts and meals in addition to speaking and consulting fees, according to the report.
CMS advises physicians to keep records of payments and all transfers of value from device companies and industry members. Physicians have around two months to review data on these transactions for accuracy before it’s published publicly, according to the report.
More Articles on Physicians:
Sunshine Act Has Begun: What it Means for Physicians
5 Current Healthcare Policy Issues for Physicians & Surgeons to Know
OIG Issues Special Fraud Alert on Physician-Owned Distributorships
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.