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Financial Transparency to Increase
[By Staff Reporters]
In a pharmaceutical industry first, Eli Lilly and Co. said it will begin disclosing how much money it paid to individual doctors for advice, speeches and other services.
The drug company’s move comes as members of Congress push a disclosure bill in an effort to prevent such payments from improperly influencing medical decisions.
Read more: http://www.msnbc.msn.com/id/26858255
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Filed under: Breaking News, Drugs and Pharma | Tagged: Eli Lily |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
Cigna Gets into the e-Pharmacy Act
Cigna also recently launched a pharmacy management web tool to help keep its members informed about the medications they take.
But for Lilly, the threshold is $500.00
Ann Miller RN MHA
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Proposed Rule Would End Sunshine Act’s CME Exclusion
The CMS intends to eliminate the exclusion for continuing medical education in the Open Payments program, more commonly known as the Sunshine Act, which requires drug and device companies to disclose payments to physicians. The reversal was included in the proposed Physician Fee Schedule for 2015, which also would make changes that would benefit primary-care medicine at the expense of payments to specialties.
The regulations also include a variety of changes to the Shared Savings Program for accountable care organizations, the Physician Quality Reporting System, and the incentive program for electronic health records. And it would expand the array of telehealth services that qualify for Medicare reimbursement.
Source: Joe Carlson, Modern Healthcare [7/3/14]
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