The regulations are some of the toughest in the nation, and Massachusetts is the only state to extend these regulations to medical device makers.
The new regulations prohibit payment for entertainment or recreation; cash payments except as compensation for bona fide services; financial support to healthcare practitioners in training; complimentary items such as pens, mugs and calendars; and the regulations place restrictions on free meals for practitioners.
The regulations will continue to allow payments made to healthcare providers for genuine research projects and clinical trials; price concessions such as rebates and discounts; prescription drugs provided solely and exclusively for patient use; demonstration and evaluation units; and in-kind items provided for charity care.
The regulations go into effect on July 1, 2009 and the first public reporting by companies will be due by July 1, 2010.
Learn more about the Massachusetts gifting regulations.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
