The Centers for Medicare and Medicaid Services on Tuesday posted full-year 2014 financial dataon its Open Payments website to help consumers better understand financial relationships between physicians and drug and medical device companies. Yet, questions remain about the accuracy of the data.
The 2014 data includes information on about 11.4 million financial transactions attributed to more than 600,000 physicians and more than 1,100 teaching hospitals, totaling $6.49 billion. Under the Sunshine Act, industry is required annually to report financial interactions with individual physiciansto CMS, which the agency makes public through its Open Payments program.
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