The Importance of Reviewing the Open Payment Database
Does your organization have an annual process to review the Open PaymentTM Database? The Open PaymentTM Database was created to promote transparency and accountability in the healthcare system and is managed by the Centers for Medicare & Medicaid Services (CMS). The database houses physician payments reported by Reported Entities such as drug and medical companies. These payments are reported annually and are broken down by “Nature of Payments” including food and drink, education, and consulting…
