CMS Open Payments Audits: How to Be Audit Ready

CMS has started conducting audits, and the awareness that CMS is actively auditing Open Payments data prompts an immediate need to prepare for audits.

In this white paper, read about ensuring audit readiness and addressing associated challenges. Get insights into key parts of the audit process, the past CMS open payments audits, what that general process has been like, and how life sciences compliance teams can ensure audit readiness while minimizing the risk of failing CMS audits, which can result in penalties and fines of up to $1,150,000.

Inside this Whitepaper

Consider it a field guide — here's what you'll walk away knowing:

How does CMS identify companies for audit?
The two phases of CMS audit
Creating an audit readiness plan
Building an audit readiness team
Understanding the company's Open Payments control document infrastructure
Analyzing data systems, outputs, and more

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Put CMS Open Payments into practice

Talk to our team about applying what's in this whitepaper to your own compliance program.

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Frequently Asked Questions

What does the “CMS Open Payments Audits: Why and How to Be Audit Ready?” whitepaper cover?

CMS has started conducting audits, and the awareness that CMS is actively auditing Open Payments data prompts an immediate need to prepare for audits. In this white paper, read about ensuring audit readiness and addressing associated challenges. Get insights into key parts of the audit process, the past CMS open payments audits, what that general process has been like, and how life sciences compliance teams can ensure audit readiness while minimizing the risk of failing CMS audits, which can result in penalties and fines of up to $1,150,000 .

What will I learn inside this whitepaper?

Inside, you'll find coverage of How does CMS identify companies for audit?, The two phases of CMS audit, Creating an audit readiness plan, Building an audit readiness team, Understanding the company's Open Payments control document infrastructure, and Analyzing data systems, outputs , and more.

Why should I download this whitepaper?

In this white paper, read about ensuring audit readiness and addressing associated challenges. Get insights into key parts of the audit process, the past CMS open payments audits, what that general process has been like, and how life sciences compliance teams can ensure audit readiness while minimizing the risk of failing CMS audits, which can result in penalties and fines of up to $1,150,000 .