Friday, February 22, 2013

Let the sun shine in

Why OPENPAYMENTS is important to you
The National Physician Payment Transparency Program or OPENPAYMENTS makes the financial relationships between manufacturers, group purchasing organizations, physicians, and teaching hospitals transparent and publicly available.  
Physicians, teaching hospitals, and industry manufacturers working together can design and deliver life-saving drugs and devices. While working together can be beneficial, payments from manufacturers to physicians and teaching hospitals can also set up conflicts of interest.
• Facilitate transparency into the financial relationships between industry and physicians and teaching hospitals
• Help reduce the potential for conflicts of interest that physicians or teaching hospitals could face as a result of their relationships with manufacturers
• Empower informed decision-making for consumers of healthcare

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