Transfer-Of-Value Event Information

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One ethical issue that is most common in gathering and reporting all necessary and pertinent transfer-of-value event information is defining what is classified as transfer-of-value. Depending on the type of event and interaction, information that can be viewed as transfer-of-value activity can become blurred and is not always black and white. If a surgeon is approached and agrees to attend a Medtronic sponsored event in which a flight, transportation, lodging, and food are provided. The event is classified as a transfer-of-value event and must be recorded and reported to compliance. The flight, transportation, lodging, and food provided are all viewed as a monetary transfer between Medtronic and the said physician. To properly follow Medtronic

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