MedPAC Adopts Recommendations To Improve Transparency Of Financial Ties Between Industry, Physicians

Main Category: Primary Care / General Practice
Also Included In: Pharma Industry / Biotech Industry;  Public Health
Article Date: 10 Nov 2008 - 0:00 PDT

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The Medicare Payment Advisory Commission on Thursday adopted five recommendations to Congress that would require disclosure of the health care industry's financial ties to physicians and other health care professionals, CQ HealthBeat reports. MedPAC will present the recommendations to Congress in March. According to the recommendations:

• Congress should require all manufacturers, distributors and their subsidiaries to report to HHS financial relationships with physicians, pharmacists, pharmaceutical benefits managers and their employees, as well as with hospitals, medical schools and medical or health organizations;
  
  
• Congress should direct the HHS secretary to post the information on a public Web site;
  
  
• All details regarding no-cost drug samples provided to physicians should be posted on the Web site so researchers can study the impact samples have on prescribing decisions;
  
  
• Congress should require all hospitals and other entities that bill Medicare for services to "annually report the ownership shares of each physician who directly or indirectly owns an interest in the entity (excluding publicly traded corporations)" and post the information on the Web site; and
  
  
• Lawmakers should require HHS to submit a report on the "types and prevalence of the financial relationships between hospitals and physicians."
  

MedPAC Chair Glenn Hackbarth said, "This is about transparency. It's not about condemnation" (Reichard, CQ HealthBeat, 11/6).

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