CMS Releases 2018 Open Payments Data to the Public
CMS recently released Open Payments Data to the public. CMS keeps a record of payments made by drug and medical device companies to both physicians and teaching hospitals, and after providers and facilities get a chance to review it, makes this information available to the public via a searchable database. CMS noted in that these payments represented $3 billion in “General” payments and $4.93 billion in “Research” payments. They also note that 627,000 physicians and 1,180 teaching hospitals received payments from drug and medical device companies.
We believe that all practices and providers should know what is being published about them in CMS-publicized information. You can link to the searchable database that is publicly available here.
We are happy to assist providers and groups in any way with MIPS, general claims issues as well as other coverage topics, which include proper code selection, chart reviews, and payer action questions. We can also provide training on these or other subjects. You can also download our “App”, Corcoran 24/7, which can be separately accessed via one of the links below.
www.corcoranccg.com (800) 399-6565