Question:

What are the objectives of the Open Payments program?

Answer:

The Open Payments Program provides the public with further information about the financial relationships between physicians and teaching hospitals and applicable manufacturers and group purchasing organizations (GPOs). Specifically, the program:

  • Fosters transparency about these financial ties
  • Offers information on the type and extent of the relationships
  • Tries to identify relationships that can both lead to the development of beneficial new technologies and wasteful healthcare spending
  • Aims to prevent inappropriate influence on research, education and clinical decision making

Facebook
Twitter
LinkedIn

CPT® copyright 2024 American Medical Association (AMA). All rights reserved.

Fee schedules, relative value units, conversion factors and/or related components are not assigned by the AMA, are not part of CPT, and the AMA is not recommending their use. The AMA does not directly or indirectly practice medicine or dispense medical services. The AMA assumes no liability for data contained or not contained herein.

CPT is a registered trademark of the American Medical Association.

CYBER WEEK IS HERE! Don’t miss your chance to get 20% off now until Dec. 2 with code CYBER24