Life Sciences

Edwards Lifesciences to disclose physician payments

Device Regulation Alert: Safety, Compliance and Reimbursement News, January 5, 2009

Edwards Lifesciences will begin voluntarily disclosing payments to physicians this year, according to a company press release.

The company plans to post information about physicians who receive $5,000 or more per year in consulting fees, royalties, or honoraria from Edwards. The company began tracking payments January 1, and expects to publish the data annually beginning in the second half of 2009.

Massachusetts is currently the only state that requires medical device companies to disclose payments to physicians. Congress is considering a national disclosure requirement.

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