CMS Opens Anti-Kickback Website

http://www.insidearm.com/news/00021009-cms-opens-anti-kickback-website/

The Centers for Medicare and Medicaid Services last week launched a website devoted to the National Physician Payment Transarency Program, know as “Open Payments.”

The website provides information on how manufacturers of pharmaceuticals, medical devices, biologicals, and medical supplies must report compensation to physicians and hospitals.

According to CMS, the following must be reported annually:

Applicable manufacturers of covered drugs, devices, biologicals, and medical supplies to report payments or other transfers of value they make to physicians and teaching hospitals to CMS.
Applicable manufacturers and applicable group purchasing organizations (GPOs) to report to CMS certain ownership or investment interests held by physicians or their immediate family members.
Applicable GPOs to report to CMS payments or other transfers of value made to physician owners or investors if they held ownership or an investment interest at any point during the reporting year.

This information will be published on a public website, according to CMS.