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February 2013CMS Releases Final Sunshine Act Rule Finally. On February 1, 2013, the Centers for Medicare & Medicaid Services (CMS or Agency) released its long awaited rule implementing the Physician
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Who needs cms releases final sunshine?
01
CMS Releases Final Sunshine form is required by healthcare providers, including physicians, hospitals, and drug manufacturers, who need to report their financial relationships with covered recipients.
02
Any entity or individual involved in the healthcare industry and engaged in financial transactions with covered recipients is required to fill out this form.
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What is cms releases final sunshine?
CMS releases final sunshine is a report that discloses financial relationships and payments between applicable manufacturers and group purchasing organizations (GPOs) and physicians or teaching hospitals.
Who is required to file cms releases final sunshine?
Applicable manufacturers and group purchasing organizations (GPOs) are required to file cms releases final sunshine.
How to fill out cms releases final sunshine?
Applicable manufacturers and GPOs can fill out cms releases final sunshine using the CMS Open Payments system online.
What is the purpose of cms releases final sunshine?
The purpose of cms releases final sunshine is to increase transparency and public awareness of financial relationships in the healthcare industry.
What information must be reported on cms releases final sunshine?
Information such as payments, ownership interests, and other transfers of value made to physicians and teaching hospitals must be reported on cms releases final sunshine.
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