The Centers for Medicare & Medicaid Services (CMS) has updated its Open Payments database, which tracks payments and "transfers of value" to physicians and teaching hospitals from pharmaceutical and medical device manufacturers or group purchasing organizations.
CMS typically updates the information at least once a year to address disputed payments and other corrections made since the data was first reported. The database now covers $9.9 billion in financial information submitted during the program's initial two years.
The Open Payments Data website now has added functionality, allowing visitors to search by name for payments tied to a doctor and view summaries of trends found in the data.
The Open Payments system itself is undergoing maintenance Jan. 21-26. Physicians won’t be able to access the system during this time, but the public website will still be available.
Visit CMS' Open Payments program website for more information and the Resources website if you still haven’t registered. Registration is required before physicians can review payments or transfers of value tied to their name and file a dispute or correction.
Sign up to receive FPM's free, weekly e-newsletter, "Quick Tips & Insights," featuring practical, peer-reviewed advice for improving practice, enhancing the patient experience, and developing a rewarding career.
Disclaimer: The opinions and views expressed here are those of the authors and do not necessarily represent or reflect the opinions and views of the American Academy of Family Physicians. This blog is not intended to provide medical, financial, or legal advice. Some payers may not agree with the advice given. This is not a substitute for current CPT and ICD-9 manuals and payer policies. All comments are moderated and will be removed if they violate our Terms of Use.