Under the new health law, the payments and freebies given to doctors by drug and medical device companies must be made public on the Web.
But not quite yet.
CMS has announced that the agency will not require companies to collect transparency data before January 1, 2013. The new timeline is a delay from the original Physician Payments Sunshine Act, which required HHS to come up with final reporting procedures by October 1, 2011. Instead, draft regulations were released in December of 2011; during the following 60-day comment period, CMS was bombarded with more than 300 comments from stakeholders.
In a press statement, Sen. Chuck Grassley, R-Iowa, one of the authors of the Act, called the delay disappointing. “The process has dragged on long past the statutory deadline for implementation. Consumers need to know more about the financial relationships between their doctors and drug companies sooner rather than later.”