CMS Posts 2014 OPEN Payments Financial Data - McDermott+

CMS Posts 2014 OPEN Payments Financial Data

On June 30, 2015 CMS published 2014 Open Payments data about transfers of value by drug and medical device makers to health care providers. The data includes information about 11.4 million financial transactions attributed to over 600,000 physicians and more than 1,100 teaching hospitals, totaling $6.49 billion.

On June 30, 2015 CMS published 2014 Open Payments data about transfers of value by drug and medical device makers to health care providers. The data includes information about 11.4 million financial transactions attributed to over 600,000 physicians and more than 1,100 teaching hospitals, totaling $6.49 billion.

During 2013, the first program year, the OPEN Payments data was collected on payments made between August 1 and December 31, 2013.. Beginning in 2014 and each year thereafter, data collection occurs between January 1 and ends on December 31.

13-CMS-Posts-2014-OPEN-Payments-Financial-Data-2020-06-12.csv

2014 Totals2013 Totals
Total US Dollar Value$6.49 Billion$3.43 Billion
Total Records Published 11.41 Million4.30 Million
Total Companies Making Payments 1,444 1,347
Total Physicians with Payment Records 607,000 470,000
Total Teaching Hospitals with Payment Records 1,121 1,019

 

CMS has created a search tool where users can search by physician, teaching hospital or manufacturer. This tool provides aggregate information as well as details of each individual payment.

More information is available on the CMS website.