Not-So-Sunny Requirements Of CMS' Sunshine Act

Law360, New York (June 4, 2013, 1:32 PM EDT) -- The Centers for Medicare & Medicaid Services recently released its final rule interpreting the physician payment “sunshine” provisions of the Patient Protection and Affordable Care Act. The Sunshine Act contains two main requirements:

“Applicable manufacturers” of a “covered drug, device, biological, or medical supply” must report annually certain information to the CMS regarding “payments and other transfers of value” provided to physicians and teaching hospitals.

  Applicable manufacturers and group purchasing organizations (GPOs) must report annually certain information to the CMS regarding “ownership or investment interests”...
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