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Wednesday, August 15, 2012

Industry Groups Want More Time to Comply With Sunshine Act

by James Swann

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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. 

 
CMS has already delayed the implementation of the Sunshine Act, saying in May that companies would not have to begin collecting data on physician payments until January 2013. CMS also said it expects to release a final rule later this year. The Sunshine Act requires drug and device manufacturers to collect and report payments made to physicians or teaching hospitals.
 
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