Open Payment™ Database – Is Your Organization Prepared for the June 30 Release?
June 30 marks an important milestone in healthcare transparency: The Centers for Medicare & Medicaid Services (CMS) releases updates to the Open Payments™ Database. The Open Payments™ Database houses information on payments made to physicians and teaching hospitals by drug, device, biological, and medical supply manufacturers—known as Reporting Entities. This is important because it fosters transparency of financial relationships by disclosing payments made by pharmaceutical and medical device companies to physicians. It is a backstop…
