CMS Issues Proposed Physician Payments Sunshine Act Regulations

On December 14, 2011, the Centers for Medicare & Medicaid Services (CMS) released its long-awaited proposed rule implementing the Physician Payments Sunshine Act (the Sunshine Act) contained in Section 6002 of the Patient Protection and Affordable Care Act. Under the Sunshine Act, two types of reports must be submitted to CMS: (1) information about certain payments or transfers of value from applicable manufacturers to covered recipients; and (2) information regarding physician ownership and investment interests in applicable manufacturers and applicable group purchasing organizations (GPOs). The proposed rule provides some additional clarity regarding these reporting obligations.

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