We recognize that you may have questions about EMD Serono's interactions with healthcare professionals and organizations, as well as our disclosure reporting. We've therefore compiled a list of commonly asked questions for your reference.
Why does EMD Serono work with healthcare professionals?
Discovering and developing therapies for serious conditions such as multiple sclerosis and cancer is a complex and intensive process. Gaining insight and expertise from the physicians who treat patients with these conditions is a valuable asset for EMD Serono in developing therapies that will help make a difference in patients’ lives. We seek physicians input and knowledge during the research development phase, through conducting clinical trials to after the product is available to patients. We also rely on physicians to help educate their peers and patients regarding the safety and efficacy of our products.
Why does EMD Serono track payments the company makes to healthcare professionals?
EMD Serono believes in conducting its business with absolute integrity, and this fundamental foundation guides all of our interactions. We want the public to understand our relationship with healthcare professionals, and disclosing all of the pertinent information within a public forum – such as the company website – allows us to communicate the nature of these interactions in a transparent manner.
The public disclosure of EMD Serono's financial interactions with physicians and its grant funding is in accordance with the company's Corporate Integrity Agreement with the Office of the Inspector General of the U.S. Department of Health and Human Services (HHS). The Corporate Integrity Agreement requires that EMD Serono report on its website an accessible and searchable listing of all physicians who received payments directly or indirectly from EMD Serono during the first quarter of 2011, and thereafter, provide quarterly updates of annual cumulative payments.
When did EMD Serono begin to track payments to healthcare professionals?
EMD Serono, like all biotech and pharmaceutical companies, has for several years, tracked and reported certain financial interactions with healthcare professionals as required by a number of states. In January 2011, EMD Serono implemented enhancements to its capabilities to track the value of meals, educational items, honoraria, and professional fees and expenses EMD Serono provides to healthcare professionals and healthcare organizations.
What information is EMD Serono tracking and reporting to states?
EMD Serono tracks and reports as required the value of meals, educational items, honoraria, and professional fees and expenses EMD Serono provides to healthcare professionals and related entities, if applicable.
What information is reported on the Physician Payment Report?
EMD Serono reports the following on the Physician Payment Report:
- Report Period: The period during which the reported payments were issued
- Physician: Name of the physician who received the economic benefit of the reported transaction and/or who contracted with EMD Serono to provide the identified service
- City & State: Location of the Physician's office
- Transaction Type: The form of economic benefit provided to the physician (Specific transaction types are further defined in the Glossary of Terms)
- Purpose: The business reason why EMD Serono provided the transaction to the physician (Specific purposes are further defined in the Glossary of Terms)
- Amount: Total payment received by physician during the report period, rounded to the nearest dollar, aggregated by Transaction Type and Purpose
- Transaction Total: Total aggregate payment received by the physician during the report period, rounded to the nearest dollar
What types of transactions are disclosed within the Physician Payment Report?
EMD Serono will disclose the following types of transactions:
Meals and business travel expenses
Educational items, including anatomical displays and educational textbooks
Are you reporting all payments made to physicians at the time this information is public?
No. EMD Serono will gradually phase in reporting of research related payments to physicians.
What is the value amount threshold for reporting these items?
There is no value amount threshold for reporting: the value of all meals, educational items, honoraria, fees and expenses will be tracked, recorded and publicly reported in the Physician Payment Report section on this website.
Who will be listed within the Physician Payment Report?
All physicians and related entities, if applicable, who received payment from EMD Serono during the report period, will be listed publicly on EMD Serono’s Physcian Payment Report.
How often will the information to Physician Payment Report be updated and posted publicly?
The Physician Payment Report will be updated and posted to emdserono.com on a quarterly basis.
Can physicians choose not to have their names and payment information reported?
All physicians who receive a payment from EMD Serono will have his or her name and the related value posted publicly on the Physicians Payment Report on emdserono.com.
What information is reported on the Continuing Medical Education and Healthcare Related Charitable Contributions Report?
EMD Serono reports the following information on the Continuing Medical Education and Healthcare Related Charitable Contributions Report:
Report Period: The period during which the reported payment was issued
Transaction Type: Indicates whether the payment was a grant to an Accredited CME for Continuing Medical Education or a healthcare related charitable contribution
- Recipient: Name of the organization receiving the payment
Program Description: Brief description of the CME or charitable event
Amount: Total payment rounded to the nearest dollar
Why are Continuing Medical Education (CME) payments reported?
EMD Serono pays for Continuing Medical Education Grants to an accredited CME provider for specific events held with physicians. The Continuing Medical Education and Healthcare Related Charitable Contributions Report will include the payments EMD Serono made to accredited CME providers. We believe it is important to share this information with the public to provide an overview of the organizations that have requested a CME grant, and where we have provided funding.
Why are healthcare related charitable contributions reported?
EMD Serono provides charitable contributions to healthcare related organizations. We believe it is important to share this information with the public to provide an overview of the organizations that have requested a contribution, and where we have provided funding.
Are the disclosure reports searchable?
Yes, both reports are searchable. Simply clik <Control> <F> to open a search box; enter the text you wish to search, then click <Enter>.