‘Sunshine Act’ data collection begins now: Important questions for physicians to consider

After several months of anticipation and expectation, the Affordable Care Act’s physician payment reporting rules went into full effect on Aug. 1. Referred to as the “Sunshine Act,” the rules require group purchasing organizations (GPOs) and manufacturers of certain drugs, devices, biologicals, or medical supplies to track many “transfers of value” to physicians and teaching hospitals (as well as ownership or investment interests held by physicians or their family members).For 2013, manufacturers and GPOs must report to CMS both direct payments and indirect payments — over which the payor exercises (Read more...)

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