96% of Healthcare Professionals and 100% of Healthcare Organisations have provided full transparency on www.transferofvalue.ie

On June 28th, IPHA published the Transfer of value (ToV) Disclosure data for 2023. The total ToV amount for 2023 was €29,039,301 which is a 10% increase compared to 2022. However, that figure includes €14,193,107 in R&D investment in 2023, a 16% increase in R&D investment on the 2022 figure.

The HCO ToV was €8,892,758 which is a 4% decrease on 2022 data. All HCO ToVs were disclosed individually thus achieving 100% transparency again this year.

The total ToV to HCPs was €5,953,436 (compared to €4,647,825 in 2022) but 96% of HCPs are named on the website. This 2023 rate of transparency is a 17% improvement on 2022. The proportion of named HCPs on the site has increased year on year since the website first went live in 2016.

Full details are available at www.transferofvalue.ie