The Centers for Medicare & Medicaid (CMS) has delayed a rule requiring biological device, drug or medical manufacturers to report all gifts or amenities given to you.
The deadline to report was Jan. 1, 2012; however, CMS missed its target date by 10 weeks to publish draft regulations that outline reporting procedures. Now, manufacturers have until sometime in 2012 – whenever the final rule is published.
Officials at CMS noted that extra time is needed to draft the proposed rule and determine the most efficient, cost-effective way to implement the provision.
Under the Physician Payment Sunshine Act, manufacturers must report to the U.S. Department of Health and Human Services all gifts or amenities given to physicians that exceed $10 or total $100. The information will be posted on a public website and searchable by name, specialty and address, to show items were provided, as well as their value.
Review details of this provision on the ISMA website.