CMS proposes rule to implement Federal Physician Payment Sunshine Act

As part of the Patient Protection and Affordable Care Act of 2010 (PPACA), Congress enacted a new section 1128G of the Social Security Act (codified at 42 U.S.C. § 1320a-7h), commonly known as the Sunshine Act. The new provision imposes two distinct annual disclosure obligations. First, certain manufacturers of covered drugs, devices, biologicals, and medical supplies (referred to herein as "covered products") are required, with limited exceptions, to disclose information about payments and other transfers of value that they make to physicians and teaching hospitals.

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