Life Sciences

MN considering device disclosure requirements

Device Regulation Alert: Safety, Compliance and Reimbursement News, December 22, 2008

A Minnesota state senator would like to see the state’s disclosure law expand to include medical device companies, according to a Minneapolis Star-Tribune article.

In 1993, the state passed a bill requiring pharmaceutical companies to disclose payments to physicians and other healthcare professionals. Senator John Marty introduced a new bill last year that would require medical device manufacturers to disclose payments made to healthcare professionals and would ban industry gifts to healthcare professionals.

Under the bill, medical device manufacturers would not have to disclose payments for legitimate clinical research that does not exceed a set hourly rate and reasonable honoraria for healthcare professionals who speak at professional or educational conferences.

The Massachusetts Public Health Council recently released draft regulations that would require the disclosure of fees, payments, and other compensation by medical device manufacturers to healthcare providers. Congress is also considering the Physician Payments Sunshine Act, which would require that pharmaceutical and medical device manufacturers disclose all payments to physicians.

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