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Wednesday, August 15, 2012
by James Swann
Industry trade associations are looking for more time to comply with the requirements of the Physician Payments Sunshine Act, according to a recent letter sent to CMS. Specifically, the four associations (AdvaMed, PhRMA, BIO, and MITA) want 180 days to comply with the Sunshine Act final rule before it becomes effective. The trade associations also urged CMS to publish a final rule on the Sunshine Act as soon as possible. A proposed rule that was issued in December 2011 would require companies to start collecting data on physician payments 90 days after the release of the final rule.
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