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CMS Releases 2015 Analysis of Vendor-Provider Transactions

July 7, 2016

Physicians and hospitals in the U.S. accepted $7.52 billion in payments and ownership and investment interests from the drug and medical device industry in 2015, according to data released by the Centers for Medicare & Medicaid Services.

The Open Payments program, also referred to as the Sunshine Act, requires drug and device manufacturers to report payments to healthcare providers.

The data includes payments for items and services such as food and beverage, education, travel, honoraria and research, and is based on information related to 618,000 doctors, 1,110 teaching hospitals and 1,456 companies.

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