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Open Payments List of Teaching Hospitals Note that this list should only be used for the Program Year 2025 data collection period (January 1, 2025 December 31, 2025) October 2024 PostingAddress as
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What is open payments list of?
The Open Payments list refers to a publicly available database that tracks the financial relationships between healthcare providers and pharmaceutical or medical device companies, including payments and other transfers of value.
Who is required to file open payments list of?
Applicable manufacturers and group purchasing organizations (GPOs) are required to file the Open Payments list, reporting on their payments to healthcare providers and teaching hospitals.
How to fill out open payments list of?
To fill out the Open Payments list, organizations must report detailed information about the payments made to healthcare professionals, including the amount, date, and purpose, using the designated reporting system established by the Centers for Medicare & Medicaid Services (CMS).
What is the purpose of open payments list of?
The purpose of the Open Payments list is to promote transparency in the healthcare industry by providing insight into financial relationships between healthcare providers and industry entities, thereby helping to ensure ethical practices.
What information must be reported on open payments list of?
The information that must be reported includes the recipient's name, the amount of compensation or payment, the date of payment, the nature of the payment, and the purpose of the payment.
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