CMS Final Rule on Sunshine Act Exempts ACCME Accredited CME from Reporting Requirements
On February 1st, the Center for Medicare and Medicaid Services (CMS) released the final rule for the Physician Payment Sunshine Act enacted as part of the Affordable Care Act. The Sunshine Act requires medical device and pharmaceutical manufacturers to annually report payments or transfers of value made to physicians and teaching hospitals. The final rule exempts from reporting requirements indirect payments made to physicians by third parties for Accreditation Council for Continuing Medical Education (ACCME) accredited CME activities.
AACE strongly advocated for a continuing medical education exemption during the public comment period on the Sunshine Act proposed rule. To read the AACE comment letter sent in response to the proposed rule, click here.
The final rule stipulates that data collection will begin on August 1, 2013. Applicable manufacturers will report the data for August through December 2013 to CMS by March 31, 2014, and CMS will release the data on a public Web site by September 30, 2014. AACE will be providing additional details upon complete review of the rule. To view the Federal Register final rule notice, click here.