After the close of theSunshineAct comment period in February 2012, members of the industry waited and waited for CMS to finalize the requirements and set a schedule.
Pfizer might have been the first to do this, but the Physician SunshineAct that was passed as part of the Affordable Care Act will require all companies to report all financial transactions made to health care professionals.
On February 1, 2013, the Centers for Medicare and Medicaid Services (CMS) published the long-delayed final rule that is intended to implement the Physician Payments Sunshine provisions that were included in the Patient Protection and Affordable Care Act.