CMS Releases 2017 Open Payments Data

CL
Cooley LLP

Contributor

Cooley LLP logo
Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law. Cooley has nearly 1,400 lawyers across 18 offices in the United States, Asia and Europe, and a total workforce of more than 3,000.
The total dollar value reported to CMS for 2017 was $8.40 billion in over 11.5 million records The Centers for Medicare & Medicaid Services (CMS) released today the 2017 data disclosed by 1,525 manufacturers and group purchasing organizations
United States Food, Drugs, Healthcare, Life Sciences

The Centers for Medicare & Medicaid Services (CMS) released today the 2017 data disclosed by 1,525 manufacturers and group purchasing organizations (GPOs) related to payments and transfers of value provided to physicians and teaching hospitals, as well as ownership or investment interests held by physicians and their immediate family members.

The total dollar value reported to CMS for 2017 was $8.40 billion in over 11.5 million records, slightly lower than the previous two years. Payments in the three major reporting categories were:

  • $2.82 billion in general payments
  • $4.66 billion in research payments
  • $927 million in ownership or investment interests

To view the full article please click here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More