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Sunshine Reg Finally Rises: Start Date For Physician Payment Data Collection Delayed

Two-and-a-half months late and with only a draft version of the regulations released, CMS is giving device and drug companies, and GPOs, more time to prepare for impending requirements to report physician payments and investment interests to the government for public posting.

CMS finally released a proposed rule Dec. 14 on new requirements for device makers and others to disclose financial relationships with physicians and teaching hospitals, but when companies need to start tracking the required data remains up in the air.

What’s clear is that companies fearing a Jan. 1 start date will have a reprieve until sometime later in 2012.

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