Optum360 coding books logo
    Contact Us   (7 a.m.–7 p.m. CST)
  Home > Coding Central Articles > Coding Central Articles  
Coding Central
Coding Central Home
Inside Track to ICD-10
Coding Central Articles
Code This!
Case Studies
Chargemaster Corner

Articles for:
February 14, 2018

Select States and Territories to Be First to Receive New Medicare Cards

The Centers for Medicare and Medicaid Services announced its mailing strategy over the course ... Learn More

New Payment Model Qualifies as APM

The Centers for Medicare and Medicaid Services (CMS) is rolling out a new payment model to begin ... Learn More

MAO Provider Directories Frustrate Would-Be Patients, CMS Finds

In a review completed in August 2017, the Centers for Medicare and Medicaid Services (CMS) dis... Learn More

View Article Archive

To subscribe, paste this link into your preferred feedreader, or click on one of the buttons below:

Medical Coding News Archives

Data Release Reveals Financial Ties in Health Care Industry

October 23, 2014:

On September 30, the Centers for Medicare and Medicaid Services issued its first release of Open Payments data, as required by the Affordable Care Act. The data list consulting fees, research grants, travel reimbursements, and other gifts entities in the health care industry gave to physicians and teaching hospitals from August through December of 2013.

The Open Payments program (also known as the Sunshine Act) was created to lay bare the financial ties between providers of care and entities in the health care industry, such as medical device manufacturers and pharmaceutical companies. CMS is careful to note that such financial ties do not always indicate wrongdoing but can furnish consumers and others with valuable information that they can then discuss with providers.

The five months of data list more that 4 million payments totaling almost $3.5 billion to 546,000 physicians and more than 1,300 teaching hospitals. The data can be searched any number of ways, from broad categories such as all teaching hospitals to specific physicians in a given ZIP code.

CMS postulates that publicly releasing the information may discourage inappropriate financial dealings with providers that unduly influence research, education, and clinical decisions. The data could also encourage the development of new technologies by highlighting relationships between manufacturers and providers.

In this first release, 40 percent of the records are de-identified because of inconsistent physician information that is being verified. The 2015 release of data will incorporate all the corrections and the information will be fully identifiable.

The public can access the Open Payments database at www.cms.gov/openpayments.


Sign in to
Your Account
Forgot your username?
Forgot your password?
Don't have an account?
It's easy to create one.
Promo code

Have a promotional source code? Enter it here:

What is this?
Shop our catalog
Request or check out the electronic version of our latest catalog.

Medical Coding Books Winter 2018 Catalog