The new law requires companies to make annual public reports of gifts and payments to physicians and teaching hospitals of anything over $10, but physicians don’t have to do any reporting.
Allan Coukell, director of the Pew Prescription Project said companies might decide it’s no longer worthwhile to bestow small gifts and payments on physicians because they’ll have to keep track of all of them.
Read the Wall Street Journal Health Blog’s report on gifts to physicians.
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.
