Wednesday, October 1, 2014

Detailing financial links between doctors and drug companies // NY Times Centers for Medicare & Medicaid Services
The typical TV ad for a drug - after dutiful sotto voce compliance with FDA requirement that reported complications be stated - ends with the words "talk to your doctor".  Perhaps they should be compelled to add "we already have and he's on board". - gwc

Detailing Financial Links of Doctors and Drug Makers -

Pharmaceutical and device makers paid doctors roughly $380 million in speaking and consulting fees, with some doctors reaping over half a million dollars each, during a five-month period last year, according to an analysis of federal data released Tuesday. Other doctors made millions of dollars in royalties from products they helped develop.

The data sheds new light on the often murky financial ties between physicians and the health care industry. From August to December 2013, drug and device companies made 4.4 million payments to more than half a million health care professionals and teaching hospitals — adding up to about $3.5 billion.

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