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FAQs: Open Payments Data (Sunshine Act)

UPDATE: Information collected during CY2023 will be released on June 30, 2024. From April 1- May 15 you may review and dispute data posted in your name on the CMS Open Payments website.  A video to show how Open Payments works, what’s in the data, and how to use the search tool here.  Your participation is not mandatory, but is highly encouraged as it is the only opportunity to dispute payments before the information is made public on June 30, 2024. 

The Physician Payment Sunshine Act was designed with the objective of creating transparency for financial interests of physicians and newly added covered recipients including physician assistants, nurse practitioners, clinical nurse specialists, certified registered nurse anesthetists and anesthesiologist assistants, and certified nurse-midwives. However, inconsistent reporting of financial interests has the potential to diminish public trust in academic and research institutions, specifically when there are inconsistencies between information reported to the federal government versus the information disclosed to the University.

The Physician Payment Sunshine Act, under the Affordable Healthcare Act (Public Law 111-148, Section 6002), placed obligations for public disclosure of payments and financial interests made to physicians by manufacturers of drugs, devices, biologicals, and medical supplies as well as group purchasing organizations (GPOs). The information has been collected by and was made publicly available by the Centers for Medicare and Medicaid Services (CMS) Open Payments database. The database is updated annually on June 30.

As a physician or covered provider, there is information about the Act with which you should be aware. You are strongly encouraged to cooperate with CMS, manufacturers, and GPOs to ensure accurate reporting of your financial interests and payments made to you that are publicly disclosed on the CMS website.

The University requires that your disclosure of Outside Activities be consistent with the information reported in the CMS database. Below is information on what you must do to comply with the University’s Policy on Conflict of Commitment and Interest.