POD Primer: Some Physician-Owned Device Distributors Can Pass Muster
This article was originally published in The Gray Sheet
Executive Summary
The best physician-owned distributors “do not bill Medicare at all,” POD-supporter Truhe said at a May 21 meeting. Instead, the distributors can sell a variety of implantable devices to hospitals, without steering the hospital to buy just one manufacturer’s wares.
You may also be interested in...
PODs Alert: HHS Inspector General Issues Fraud Warning For Physician-Owned Device Distributors
The March 26 special fraud alert reiterates the HHS watchdog’s “longstanding position that the opportunity for a referring physician to earn a profit, including through an investment in an entity for which he or she generates business, could constitute illegal remuneration under the anti-kickback statute.”
Senators Seek Scrutiny Of Physician-Owned Device Distributors
Five senior senators are urging the Health and Human Services Office of Inspector General to investigate the proliferation of entities that can steer surgeons to make implant choices based on personal profit.
US Q1 Consumer Health Earnings Preview: Label This One Historic And Challenging But Promising
US OTC drug and supplement firms’ reports of results for the first three months of 2024 began on April 19 with P&G. JP Morgan analysts say while “some retailers in the US in particular” are reducing consumer health inventories, for the overall sector they expect “a healthier balance of positive volume and lower pricing contribution.”