On June 30th, 2016 CMS published the third year of Open Payments data. With more than two full years of transaction level spend data publicly available, an opportunity exists for Life Sciences companies to utilize Open Payments data as an additional tool in their technology-enabled risk management strategies.
On June 30th, 2016 CMS published the third year (second full-year) of Open Payments data for Transfers of Value (ToVs) for the period between January and December 2015 (2015 data). The 2015 data set provides details for twelve full months containing approximately 11.9 Million records, attributed to over 619,000 HCPs and Teaching Hospitals, and totaling over $7.5 Billion in ToVs to HCPs and Teaching Hospitals.
Read Full Article in the August 2016 Issue of Life Science Compliance Update