A public website to launch in September 2014 will report device company transactions of value to individual physicians under the Sunshine Act, according to a report from The Wall Street Journal.
As a result of the disclosures, many physicians are rethinking their relationships with device companies. The website will report gifts and meals in addition to speaking and consulting fees, according to the report.
CMS advises physicians to keep records of payments and all transfers of value from device companies and industry members. Physicians have around two months to review data on these transactions for accuracy before it's published publicly, according to the report.
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