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Open Payments-Compliance Exec Summary-Final July 16

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Page 1: Open Payments-Compliance Exec Summary-Final July 16

z

Copyright WorldDataOnline LLC 2016

Sunshine Act Compliance Analysis

Executive Summary Slide Deck

Prepared July 2016

Page 2: Open Payments-Compliance Exec Summary-Final July 16

Overview

Data relates to the latest 2015 Open Payments - General File.

Outputs concentrate on:

National year-on-year summary of Open Payment changes

National fair market rates

Food & Beverage >$1,500 in California

Top companies by expenditure by ToV* payment category

Average payment values for top companies in each category

* Transfer of Value Payments – see definition slide

Page 3: Open Payments-Compliance Exec Summary-Final July 16

National year-on-year summary of Open Payment data changes

Total payments are effectively the same from 2014 - 2015 at $7.47B v $7.52B

Number of physicians receiving a payment is static YoY at 618,000

Total number of records published has shows no growth at 11.9M

Average payment received by physicians (total payments/no. physicians receiving payment) has no

differential at $12,120 in 2014 against $12,168 in 2015

Only real change is in the number of companies reporting under the Physician Payments Sunshine Act–

which has seen a decrease by 8% to 1456

Page 4: Open Payments-Compliance Exec Summary-Final July 16

For additional insight by specific company and/or brand please email [email protected] or

visit here

California Food & Beverage (F&B) Payments

• 59 companies had F&B payments > $1,500

• 54 companies had F&B payments > $2,500

A single bar line represents the value in $ of all F&B

payments made to an individual Californian physician

in one year by one company (pharmaceutical or

medical technology)

X axis represents 298 Physicians who received

>$1,500 in the year for F&B from one company

The data does NOT include amalgamation of value for

organizational reporting structure i.e. Zendry Pharma

Inc., Zendry LLC, Zendry Biotech Inc., are each

treated individually

Does not account for F&B related to KOL subsistence

0.00

2,000.00

4,000.00

6,000.00

8,000.00

10,000.00

12,000.00

14,000.00

Ph

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11

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21

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31

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71

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81

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Total Food & Beverage Payments > $1,500 to an Individual Californian Physician in a Year by a

Single Company$

Page 5: Open Payments-Compliance Exec Summary-Final July 16

For additional insight by specific company and/or brand please email [email protected] or

visit here

325,8

04,1

25

102,6

00,3

28

73,2

64,3

11

72,5

57,5

46

61,9

48,8

37

61,6

03,6

40

54,0

71,1

73

G EN EN TECH , IN C . Z IMMER B IOMET HOLDIN G S , IN C .

MEDTRON IC VASCULAR , IN C . DEPUY SYN THES PRODUCTS L LC

STRYK ER CORPORATION MEDTRON IC SOFAMOR DAN EK USA , IN C .

ASTRAZEN ECA PHARMACEUTICALS LP

All Transfer of Value Payments - Top Seven Companies by $

Total Amount of Payment US Dollars

Page 6: Open Payments-Compliance Exec Summary-Final July 16

For additional insight by specific company and/or brand please email [email protected] or

visit here

$2,152,500

$50,967 $16,654 $3,890 $32,410

$559,000

$15,299 0

500000

1000000

1500000

2000000

2500000

$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

Celgene Corporation Valeant PharmaceuticalsNorth America LLC

AstraZeneca PharmaceuticalsLP

Medline Industries, Inc. K2M, Inc. Intuitive Surgical, Inc. E.R. Squibb & Sons, L.L.C.

Charitable Payments - Top Seven Companies by $

Total Amount of Payment US Dollars Number of Payments Included in Total Amount Average Payment

Page 7: Open Payments-Compliance Exec Summary-Final July 16

For additional insight by specific company and/or brand please email [email protected] or

visit here

$2,037 $1,989

$981

$6,630

$2,156

$3,091

$3,972

0

1000

2000

3000

4000

5000

6000

7000

$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

Novartis PharmaceuticalsCorporation

Valeant Pharmaceuticals NorthAmerica LLC

Iroko Pharmaceuticals, LLC Ormco Corporation ACell, Inc. Implant Direct SybronInternational LLC

Tulsa Dental Products LLC

Faculty & Speaker Payments for Accredited & Non Accredited Education Programs- Top Seven Companies by $

Total Amount of Payment US Dollars Number of Payments Included in Total Amount Average Payment

Page 8: Open Payments-Compliance Exec Summary-Final July 16

For additional insight by specific company and/or brand please email [email protected] or

visit here

$4,503$4,372

$3,701

$5,083

$2,858

$3,459 $3,528

0

1000

2000

3000

4000

5000

6000

$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

$16,000,000

$18,000,000

Stryker Corporation Zimmer Biomet Holdings, Inc. Pfizer Inc. DePuy Orthopaedics Inc. Boston Scientific Corporation Merck Sharp & DohmeCorporation

Allergan Inc.

Consulting Fee Payments - Top Seven Companies by $

Total Amount of Payment US Dollars Number of Payments Included in Total Amount Average Payment

Page 9: Open Payments-Compliance Exec Summary-Final July 16

For additional insight by specific company and/or brand please email [email protected] or

visit here

$2,193

$1,343$1,447

$1,009

$1,931$1,750

$756

0

1000

2000

3000

4000

5000

6000

$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

Intuitive Surgical, Inc. KARLSTORZ Endoscopy-America

Arthrex, Inc. Coloplast Corp Smith & Nephew, Inc. Meda Pharmaceuticals, Inc. ACell, Inc.

Education Payments - Top Seven Companies by $

Total Amount of Payment US Dollars Number of Payments Included in Total Amount Average Payment

Page 10: Open Payments-Compliance Exec Summary-Final July 16

For additional insight by specific company and/or brand please email [email protected] or

visit here

$208

$68

$137

$52 $46

$83$73

0

100

200

300

400

500

600

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

American OrthodonticsCorporation

Marco Ophthalmic, Inc. Luminex Corporation Straumann USA LLC TERUMO MEDICALCORPORATION

Romark Laboratories, LC Hitachi Medical SystemsAmerica, Inc.

Entertainment Payments - Top Seven Companies by $

Total Amount of Payment US Dollars Number of Payments Included in Total Amount Average Payment

Page 11: Open Payments-Compliance Exec Summary-Final July 16

For additional insight by specific company and/or brand please email [email protected] or

visit here

$17 $19 $15 $15 $21 $23 $20 $16 $19 $14 0

100000

200000

300000

400000

500000

600000

700000

800000

$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

AstraZenecaPharmaceuticals LP

JanssenPharmaceuticals, Inc

Pfizer Inc. Novo Nordisk Inc Boehringer IngelheimPharmaceuticals, Inc.

AbbVie, Inc. SANOFI-AVENTISU.S. LLC

GlaxoSmithKline,LLC.

TakedaPharmaceuticals

America, Inc.

Actavis Pharma Inc

Food & Beverage Payments - Top Ten Companies by $

Total Amount of Payment US Dollars Number of Payments Included in Total Amount Average Payment

Page 12: Open Payments-Compliance Exec Summary-Final July 16

For additional insight by specific company and/or brand please email [email protected] or

visit here

$2,109

$1,564

$1,970

$2,755

$1,495

$3,103

$5,013

0

1000

2000

3000

4000

5000

6000

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

Gilead Sciences Inc Lundbeck LLC The Medicines Company Cardiovascular Systems Inc. Aqua Pharmaceuticals W. L. Gore & Associates, Inc. Hiossen, Inc.

Honoraria Payments - Top Seven Companies by $

Total Amount of Payment US Dollars Number of Payments Included in Total Amount Average Payment

Page 13: Open Payments-Compliance Exec Summary-Final July 16

For additional insight by specific company and/or brand please email [email protected] or

visit here

1,949 1,896

3,511

2,693

182 78 24

2,029

337

Compensation forservices other than

consulting, includingserving as faculty or

as a speaker at avenue other than a

continuingeducation program

Compensation forserving as faculty or

as a speaker for anon-accredited and

noncertifiedcontinuing

education program

Compensation forserving as faculty oras a speaker for an

accredited orcertified continuingeducation program

Consulting Fee Education Entertainment Food and Beverage Honoraria Travel and Lodging

National Fair Market Values for Key SG&A Payment Categories(Average Values in $ per category)

Total

Page 14: Open Payments-Compliance Exec Summary-Final July 16

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Page 15: Open Payments-Compliance Exec Summary-Final July 16

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Page 16: Open Payments-Compliance Exec Summary-Final July 16

About WorldDataOnline and the Sunshine Act Compliance Analysis

WorldDataOnline manages and adds value to the U.S’s most complex open healthcare data. Our analysts

have rich expertize in developing solutions to help payers, providers and life science companies.

All content in the Executive Summary slide deck is constructed from our state-of-the-art Open Payment

interrogation system – the Sunshine Act Compliance Analyzer (SACA).

SACA is available for use by Compliance departments on a subscription basis.

Page 17: Open Payments-Compliance Exec Summary-Final July 16

Contact details

Start investigating your data using the Sunshine Act Compliance Analyzer today!

For immediate access to a reduced cost trial period, simply click here.

To learn more about how the system could help your compliance:

Call today on: (941) 726-8125

Email: [email protected]

To read more articles on this year’s Sunshine Act data please click here.

Page 18: Open Payments-Compliance Exec Summary-Final July 16

Disclaimer & Conditions

In producing this Executive Summary slide deck WorldDataOnline explicitly does not:

Intend to draw conclusions, inferences or interpretations from the data. The data is presented on a

factual basis, being derived from original atomic level records produced by the Centers for Medicare &

Medicaid (CMS) om the 30th June 2015.

Accept any liability for the data’s content or subsequent use

Any person or company wishing to use the data can do so for non-commercial purposes, providing

reference is made to the original source of the material – www.worlddata.online

All General WordDataOnline Terms apply to the data

Page 19: Open Payments-Compliance Exec Summary-Final July 16

Definitions

Transfer of Value (ToV) Payment Categories are those provided by CMS and entered by the manufacturer or

Group Purchasing Organization (GPO) during the open payments submission process and include: Honoraria,

Travel & lodging, Food & beverage, Entertainment, Education, Consulting fees, Compensation for services as a

faculty or speaker, Compensation for services other than consulting, Gifts, Grants, Charitable payments,

Royalties & license fees, Current or prospective ownership, Space rental or facility fees & Unknown

Selling, General & Administrative (SG&A) - for the purposes of the Executive Summary, the ToV categories

have been split into Selling, General & Administrative (SG&A) related payments and non SG&A.

SG&A Related Categories include: Honoraria, Travel & lodging, Food & beverage, Entertainment,

Education, Consulting fees, Compensation for services as a faculty or speaker, Compensation for

services other than consulting

Non SG&A Related Categories include: Gifts, Grants, Charitable payments, Royalties & license fees,

Current or prospective ownership, Space rental or facility fees, Unknown

Return to Overview slide