The Physician Payments Sunshine Act requires companies to begin recording any physician payments that are worth more than $10 in 2012 and to report them on March 31, 2013. That includes stock options, research grants, knickknacks, consulting fees and travel to medical conferences at chi-chi hotels. The details will be posted in a searchable database starting Sept. 30, 2013.Yes, dear doctor, please disclose anything worth over $10 you receive from drug or device companies.
But how much can a medical device industry employee be incented per year by his own company?
How does $2.5 million dollars per year (page 31) grab you?
You know, the great thing about being a doctor is that you learn something new every day.