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IOM Report Shows Administration Must Lead on Transparency


WASHINGTON — The Institute of Medicine (IOM) released a new paper, "Harmonizing Reporting on Potential Conflicts of Interest," which notes that "the current process of disclosure (of financial relationships between healthcare professionals and the medical industry) is fragmented and burdensome" and, as a result, the need for a harmonized system has become "urgent and compelling."

"The Centers for Medicare & Medicaid Services (CMS) can help address the IOM report's concerns by implementing the Physician Payments Sunshine Act, which is already more than a year behind the schedule set by Congress," said Allan Coukell, director of medical programs for The Pew Charitable Trusts and a co-author of the IOM paper. "These delays are exacerbating the very problems with fragmented reporting requirements that the IOM has identified.  Pew joins numerous consumer advocates, industry associations, and individual drug and device manufacturers in calling on CMS to implement this transparency provision now."

You can find the full report here (PDF).

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