The Affordable Care Act added Physician Payment Sunshine provisions to the Social Security Act. They require manufacturers of drugs, biologics, devices, and medical supplies covered under Medicare, Medicaid, and the Children’s Health Insurance Program to log payments and “other transfers of value” to physicians starting Jan. 1, 2012, for reporting to the federal government in 2013. Physicians do NOT file disclosures.
The disclosure includes (1) the physician’s name, business address, specialty, and National Provider Identifier; (2) the value of the payment or transfer of value; (3) the name of the related drug, device, or supply, if available, to the level of specificity available; and (4) a description of the form of payment, such as cash or cash equivalent, or in-kind items or services.
The U.S. Department of Health and Human Services (HHS) will publish the data on a public searchable website by Sept. 30, 2013.
This does NOT affect or disclose your payments from Medicare.