The Centers for Medicare and Medicaid Services (CSM) has unveiled a new database designed to disclose payments made by drug and medical device manufacturers to doctors and teaching hospitals. The site called “Open Payments” has drawn criticism from the industry and doctors who say it was filled with errors. Consumer advocates charge that the site is under-reporting payments
The CMS collected the data and posted it online last week as part of a transparency initiative mandated by the 2010 Affordable Care Act.
CMS said that the purpose of the site is “to help consumers understand the financial relationships between the health care industry, and physicians and teaching hospitals.”