Shifting Industry Options For Paying Physician Educators

Law360, New York (January 5, 2015, 12:50 PM EST) -- In late 2014, the Centers for Medicare & Medicaid Services revised the regulation implementing the Sunshine Act, a federal law that requires reporting and public disclosure of certain payments to physicians.[1] Beginning in 2016, pharmaceutical and medical device companies will no longer be able to rely on the exclusion for reporting indirect compensation to physician speakers for accredited or certified continuing education ("CE") events.[2] Before committing to fund a CE event after 2015, pharmaceutical and medical device companies should consider whether CMS' change affects their Sunshine Act reporting burden and whether to adjust their CE-funding practices....

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