Are there any exemptions from reporting?

Yes there are some payments and transfers of value that are exempt from reporting including:

• Continuing medical education (CME) that complies with accredited or certified CME standards governing independence from industry where the applicable manufacturer does not directly pay or choose the speaker.
• A payment or transfer of value that amounts to less than $10, unless the aggregate annual amount exceeds $100.
• Food and beverages that are provided to all participants of large scale conferences or meetings.
• Product samples that are intended for patient use and not intended to be sold.
• Educational materials that are of direct benefit to patients or intended for patient use.