Global Transparency Reporting
Orthofix recognizes its obligation to facilitate ethical interactions with health care professionals (HCPs), which helps ensure that medical decisions are based on the best interests of the patient. Collaboration between the medical device industry and HCPs improves patient care and advances technology treatment options. As a global Company, Orthofix is subject to several transparency laws that regulate our interactions with HCPs and require us to report transfers of value to HCPs to ensure that the interactions are beneficial and appropriate.
Orthofix supports global transparency reporting for our industry. The purpose of transparency reporting is to help the general public better understand the nature and extent of industry and provider interactions. Orthofix complies with laws and industry code requirements by publicly reporting payments, benefits and transfers of value made to HCPs, health care organizations (HCOs) and health care professionals’ associations.
In the United States, there are federal and state transparency laws that require Orthofix to report transfers of value to HCPs. The federal transparency law (Sunshine Act) requires Orthofix to submit this data through the CMS Open Payments website. In countries outside the United States, Orthofix participates through the relevant transparency reporting platforms as required by local law or industry code. Additionally, certain laws require Orthofix to post certifications, as well as, maintain annual transparency data on the company’s website.
California State Certification
California Health & Safety Code § 119402 requires pharmaceutical and medical device manufacturers to make publicly available their “Comprehensive Compliance Program” which outlines adherence to applicable federal and state laws and industry standards regulating the marketing and promotion of their products. Use this link to review Orthofix’s annual written declaration of compliance.
Transparency Reporting for Italy:
The Confindustria Dispositivi Medici Code of Ethics, requires all member-companies to disclose transfers of value to HCPs and HCOs. Under this industry Code, Orthofix Italy is required to disclose the names of HCPs and HCOs that have received payments or other transfers of value from Orthofix, and the total amounts of value transferred by the activity type. This can consist of, for instance, an educational grant to an HCO, a consultancy fee to an HCP for speaking or payment for travel. Disclosure reports will be published by June 30th of every year for transfers of value made during the previous calendar year. Use this link to view the most recent transparency report* for Orthofix Italy.
*Data is displayed on an aggregate basis unless we have consent from the HCPs to disclose their data on an individual basis.
Previous Years: 2020