Medicare (CMS) recently published 2014 data detailing payments to physicians (and other providers) by drug and medical device manufacturers. This data includes payments made to physicians for research activities, gifts, speaking fees, meals and/or travel. The Affordable Care Act (ACA) requires CMS to collect this information from applicable manufacturers and group- purchasing organizations (GPOs) in order to report information to the public about their relationships with physicians and hospitals.
According to CMS, they validated that 98.8 percent of records submitted in the Open Payments system contain accurate identifying information about the recipient. Records which could not be verified were not included in the database.
CMS reported that registered physicians and hospitals reviewed only about 30 percent of the total value of the reported data for accuracy. CMS is looking for more physicians to review the financial data attributed to them and to challenge inaccuracies. The Advocacy Council of ACAAI (formerly JCAAI) urges all members to check their own data and to ensure it is correctly reported or offer corrections.
CMS will update the Open Payments data, at least annually, to include changes from data disputes and other corrections made since the initial publication.