Policy and Medicine published today an interesting infographic prepared by Open Payments Analytics regarding the 2014 Open Payments data, which contains 11.41 million payments and other transfers of value totaling $6.49 billion from applicable manufacturers to physicians and teaching hospitals. One key takeaway from the infographic is applicable manufacturers are spending significant resources to track and report de minimis payments and transfers of value to covered recipients. For example:
- 9 million food and beverage interactions were reported at an average of $23.80 per instance
- Gifts accounted for 0.45% of the reported spend
- 49% of physicians in the database received less than $100 total
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