Obsidian HDS, the developer of PharmaShine, an online service for the management of data on pharmaceutical and device industry payments to healthcare professionals announced today that PharmaShine now includes the 2014 Open Payments General and Research data released by the Center for Medicare Services on June 30. The data disclosed on Open Payments for 2014 includes information on 11.4 million transactions between industry and providers totaling $6.49 billion and is the largest public disclosure of its kind to date. With the inclusion of the new Open Payments data, PharmaShine now tracks over 19 million individually reported payment transactions.
George Dunston, Co-Founder and Managing Director of Obsidian HDS, said, “The most recent Open Payments update reveals the vast scale of the data set. Hospitals, clinics, research centers, medical schools and other sophisticated healthcare organizations need to assemble the proper resources to successfully utilize this data to support their compliance and procurement needs. PharmaShine and its suite of online applications makes working with the Open Payments data quick, easy, and hassle free, saving time, human resources, and money.”