New "Sunshine Law" Effective August 1, 2013

Under the federal “Sunshine Law”, all medical device and pharmaceutical manufacturers, including Smith & Nephew, are required to track and report payments and transfers of value to US-licensed physicians and teaching hospitals. The Centers for Medicare & Medicaid Services (CMS) released the Final Rule on February 1, 2013. Manufacturers must begin to collect the required data on August 1, 2013 and report the data collected through December 31, 2013 to CMS by March 31, 2014. CMS will publish the reported data on a publicly available website by September 30, 2014. Smith & Nephew is committed to full compliance with the Sunshine law. In order to comply, we will report payments and transfers of value provided to US-licensed physicians including the following in accordance to the Final Rule:

For more information on the Sunshine Law, please visit CMS National Physician Payment Transparency Program Open Payments CMS National Physician Payment Transparency Program Open Payments.