Open Payments Program Posts 2015 Financial Data
On June 30, CMS published 2015 Open Payments data, along with newly submitted and updated payment records for the 2013 and 2014 reporting periods. The Open Payments program requires that transfers of value by manufacturers of drugs, devices, biologicals, and medical supplies that are paid to physicians and teaching hospitals be published on a public website. For Open Payments program year 2015, health care industry manufacturers reported $7.52 billion in payments and ownership and investment interests to physicians and teaching hospitals. This amount is comprised of 11.90 million total records attributable to 618,931 physicians and 1,116 teaching hospitals. The amount and distribution of payments and ownership and investment interest categories remained consistent between the 2014 and 2015 reporting periods.
For More Information:
- Open Payments Data website
- Blog: CMS Releases Third Year of Open Payments Data