CMS launches Open Payments website

CMS launches Open Payments website

The Centers for Medicare and Medicaid Services (CMS) has released 4.4 million payment records, totaling nearly $3.5 billion, made from drug and device manufacturers to physicians and teaching hospitals during the last five months of 2013.

As a requirement of the Affordable Care Act, CMS has launched its Open Payments website. It currently contains payment records for 546,000 physicians and 1,360 teaching hospitals, including gifts, meals, travel expenses, and teaching fees.

While CMS argues that the release promotes transparency within the healthcare industry, physician advocate groups argue that releasing the data without context may confuse consumers.