The 25 largest medical device companies paid out a collective $894.6 million in general and research fees to doctors in 2015, according to data from the Centers for Medicare & Medicaid Services released last month. The CMS Open Payments program, created under the Affordable Care Act with the aim of improving transparency, requires device and drug […]
Physician Payment Sunshine Act
(Reuters) — Doctors and hospitals in the U.S. received $7.52 billion in payments and ownership and investment interests from the makers of drugs and medical devices in 2015, according to data released by a government health agency. The data includes payments for items and services such as food and beverage, travel, education, honoraria as well as […]
Forty medical device companies paid out a collective $872.3 million to hospitals and doctors last year, including $652.7 million in general payments and $219.6 million in research grants, according to the Open Payments database compiled by the Centers for Medicare & Medicaid Service. The Open Payments program, created under the Affordable Care Act with the aim of improving […]
(Reuters) — U.S. doctors and research hospitals collected nearly $6.5 billion in payments for services rendered to medical device and pharmaceutical companies in 2014, according to the Centers for Medicare & Medicaid Services Open Payments report released yesterday. The report, in its 2nd year, lists 11.4 million payments to 607,000 physicians and more than 1,100 teaching […]
by Charles Ornstein, ProPublica
This story was co-published with NPR’s Shots blog.
Medicare’s Sunshine Act database is slated to go public later this month with a year’s worth of data on industry relationships with physicians, but an alliance of life sciences groups is calling for some sunshine of its own.
As with previous years, it’s time to openly publish my conflict of interests, board memberships, advisory board positions, and government activities so that anyone reading my opinions has full transparency.
The federal government has made financial disclosure very easy with the Sunshine Act.