Open Payments is a federal disclosure program within the Centers for Medicare & Medicaid Services (CMS) that provides visibility into financial relationships between drug and medical device companies, and physicians and teaching hospitals.
Beginning in 2021, the program will expand to cover nurse practitioners, physician assistants, clinical nurse specialists, certified registered nurse anesthetists and anesthesiologist assistants, and certified nurse midwives.
These materials have been created by CMS for your organization to share information regarding Open Payments.
The program uses data reported by drug and medical device companies to shed light on payments and other transfers of value that take place each year. This includes general payments such as:
Applicable research payments and ownership or investment interests must also be reported.
As required by the SUPPORT Act (P.L. 115-271), beginning in 2021, the Open Payments program will be expanded to include advanced practice nurses and physician assistants. This means that drug and medical device companies and their distributors will be required to start reporting relevant payment data to CMS. To learn more about what constitutes a reportable payment or transfer of value, visit the Open Payments website.
Open Payments registration for the newly covered providers will begin in early 2022. By April 2022, providers will be able to review and affirm or dispute financial information reported about them before it is published. The reported data will be released to the public by CMS in June 2022.
CMS has indexed Open Payments data so that it is easy for patients and others to conduct targeted searches by provider, teaching hospital, or company, as well as by medical specialty and other parameters.
Registration in the system and review of data by providers are voluntary activities, but also highly encouraged to help ensure that the database remains an accurate and useful tool.
Information provided by the U.S. Department of Health & Human Services.
All materials available on this site have been paid for and developed by the U.S. Department of Health & Human Services and are for use relating to Open Payments. They are provided for free.