Becker's Healthcare July 30, 2021
CMS has proposed cementing a definition of “physician-owned distributor” and clarified that the Sunshine Act does apply to them.
In the 2022 physician fee schedule proposed rule, released July 13, CMS suggested defining a physician-owned distributor as a medical device manufacturer where physicians or a physician’s family members have at least 5 percent ownership or a company that compensates physician owners with commissions, return on investment, profit-sharing, profit distribution or other compensation based on sales.
Physician-owned distributors are required to identify as such...
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