The Physician Sunshine Payment Act, part of the new health reform law, is expected to discourage payments to physicians from medical device and pharmaceutical companies, according to a report by the Wall Street Journal Health Blog.
The new law requires companies to make annual public reports of gifts and payments to physicians and teaching hospitals of anything over $10, but physicians don’t have to do any reporting.
Allan Coukell, director of the Pew Prescription Project said companies might decide it’s no longer worthwhile to bestow small gifts and payments on physicians because they’ll have to keep track of all of them.
Read the Wall Street Journal Health Blog’s report on gifts to physicians.
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