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Transcripts For CSPAN3 Key Capitol Hill Hearings 20150116

The physician payment sunshine act. It was a bipartisan piece of legislationo senate by senatorrofz grassley. Republican from iowa. And senator herb kohl a democrat from wisconsin. And the bill sought to lift the veil on the relationship between industry and it was a true piece of Bipartisan Legislation that was founded on a lot of the research that youre going to hear from some of our great speakers today. It was written in conjunction z with the information that we gotrcd from the research community, and the consumer community, represented by pew and allen here today and aarp and amsa and me concerned that these r b2bk ; relationships, the Financial Relationships, were impacting both the quality of health care, and the cost of health care. J2. Sn and i have to say that the process was long and tireless. At the time i worked for senator herb cole and we had, with my colleague Chris Armstrong from oa senator grassleys office, about 300 meetings with consumer a d z tr t hahp hc groups,

Transcripts For CSPAN3 Key Capitol Hill Hearings 20150116

3. 7 billion in payments to p n hospitals in fiveu r months of the first year of reporting. Thats a÷n1szw eajjr hvqp . Those are funds that are either going to research and product development, and thats important and important for the public to understand. Or going to drive uptake of particular products. Thats also important and important to understand. eb÷ so where are we now . Pew has been involved in this acs issue in a long time, as have the other folks on the pafj0o today, and many other organizations. And since passage we have s continued tkgf hp orking group of consumer organizations, and also individual companies to build shared understanding about how the data should be presented. And about some of the technical challenges in getting that data d,s7÷ . uujeu q ublic domain. Data for the first full year of reporting has been collected. 2014 data has been collected. It will be submitted to cms in march. And in june we will have publication of the first full ÷ bko year ofut9

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