Wednesday, October 20, 2010

Is Your Doctor Getting Cash Payouts from Big Pharma?

Are doctors prescribing pharmaceuticals for their patients' benefit or for their own financial benefit? It may be the latter, says Mark Sisson.

... A public interest group, ProPublica, in partnership with Consumer Reports and National Public Radio have compiled and released a series of reports assessing the pharmaceutical companies’ payouts to doctors and the public’s discomfort with their physicians’ industry ties.

Although the industry’s financial dealings are still private material, lawsuits aimed at Pharma’s marketing have required many of the larger companies to disclose much of their payout information. Although the details are scattered in public websites and documents, ProPublica compiled the information from these various resources. The result? A list of 17,000 doctors and $257 million dollars in payout. Additionally, the organization found that hundreds of physicians on the Pharma payroll lacked board certifications in their claimed fields or had been sanctioned by state medical boards for unprofessional (and in some cases heinous) behavior. Read more

 
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