CMS Posts Open Payment Data – $7.52 Billion in 2015

Tucker Arensberg, P.C.
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CMS published the 2015 Open Payment Data on June 30, 2015.  This is the link to the notice and the CMS site: https://openpaymentsdata.cms.gov/

CMS has presented tables in its press release showing the highest paid specialties and highest paying companies.  Over the last two years, Novartis has paid approximately $842 million to 344,000 recipients, which is an average of $2,500.  Genentech has paid $855 million to 44,000 recipients, making their average approximately $20,000.  Note that we are using the term recipient to reflect each of the records posted by CMS there could well be more than one record posted for any specific recipient.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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