New MedPAC recommendations include across-the-board transparency.

According to CQ HealthBeat, the Medicare Payment Advisory Commission (MedPAC) has reached agreement on a package of recommendations to Congress that would require broad disclosure by all manufacturers and distributors of drugs, biologicals, medical devices and medical supplies to report their financial relationships with physicians and other healthcare providers. Among other recommendations, MedPAC states that all entities that bill Medicare for services should be required to annually report the ownership shares of each physician who directly or indirectly owns an interest in that entity (excluding publicly traded corporations), and post that information on a searchable Web site.
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