US Physicians Received Billions From Pharmaceutical and Medical Device Industry, New Research Finds

5Mind. The Meme Platform
The Epoch Times Header

Despite potential conflicts of interest, more than half of eligible physicians received a payment from a pharmaceutical drug or device maker over 10 years.

U.S. physicians received more than $12 billion in payments from the pharmaceutical and medical device industry over a 10-year period, according to a new analysis.

A research letter published on March 28 in the Journal of the American Medical Association found that the industry made over 85 million payments to more than 820,300 (57 percent) of eligible physicians across 39 specialties from 2013 to 2022. Nearly 94 percent of the payments were related to one or more marketed medical products.

Researchers examined data in the Open Payments database to determine what payments were made across different specialties and the medical products associated with the largest total payments. Data only included payments received for consulting, nonconsulting (such as speaker or faculty fees), travel, food, entertainment, education, gifts, grants, charitable contributions, and honoraria.

The Open Payments database is a federal transparency program that was established in 2013 out of concern that financial relationships between physicians and the industry were unduly influencing healthcare decision-making and costs.

The analysis found that payments varied considerably between specialties and among physicians of the same specialty. For example, the mean amount paid to the top 0.1 percent of physicians ranged from $194,933 for hospitalists to $4.8 million for orthopedic surgeons, while the payments to the median physicians ranged from zero to $2,339.

Orthopedic physicians received the greatest sum of payments, $1.4 billion, followed by neurologists and psychiatrists, $1.3 billion, cardiologists, $1.3 billion, and hematologists/oncologists, $825.8 million. Nearly 55 percent of pediatricians and 63 percent of infectious disease physicians received payments from the industry, while physicians practicing preventative medicine received the least sum of payments.

“From 2013–2022, pharma paid 12 billion dollars to U.S. physicians. That’s mind-boggling. Insane. That’s how silence is bought, the minds of physicians influenced, and ultimately patient care/prescribing patterns influenced,” Dr. Manni Mohyuddin, an oncologist, hematologist, and assistant professor at the Huntsman Cancer Institute, told The Epoch Times.

Dr. Mohyuddin emphasized that the average payment received was low, but some physicians received a significant amount of money and have influence over writing guidelines, chairing committees, clinical trials, influencing opinions, and more.

By Megan Redshaw

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Ring That Bell

If I could travel back in time to 1776,...

Thoughts On America 250

Before you, American reader, is the honor, blessing, and privilege of celebrating the 250th anniversary of our nation. A nation toward which God has been merciful, shining His great grace.
00:09:03

Two birthdays apart

The Bicentennial was not just a commemoration of 200 years of independence – it was a coast‑to‑coast block party of red, white and blue.
00:02:31

Is Charlie Kirk’s Assassination Looking More Like a Conspiracy?

Enough videos have been posted to the internet, plenty...

Is There a 9/11 WTC and 9/10 Charlie Kirk Connection?

Strange parallels in online stories raise questions about whether Israelis and Mossad intelligence are our allies or adversaries.

DOJ Seeks to Rescind US Citizenship Granted to 10 Individuals

DOJ) announced has filed to denaturalize 10 individuals charged or convicted with various crimes, including offenses against minors.

Appeals Court Upholds Ruling Allowing Release of Biden Audio Tapes

A federal appeals court ruled Joe Biden cannot block the release of audio recordings and transcripts from interviews with his memoir's ghostwriter.

Convictions of Men in Whitmer Kidnapping Plot Thrown Out by Appeals Court

The convictions of three men allegedly involved in a plot to kidnap Michigan Gov. Gretchen Whitmer have been thrown out by an appeals court.

National Guard Deployment to DC Will Continue Until Trump’s Term Ends

Extension of the National Guard’s deployment to Washington will keep guardsmen in the nation’s capital until President Trump’s term ends.
00:00:49

Trump Orders Review Related to Climate Guidance for Federal Judges

President Trump has ordered federal officials to review conduct related to climate guidance included in a scientific reference manual for federal judges.

Newly Declassified Docs Describe China’s Election Influence Efforts, Concern That US Intel Downplayed Connections

President Donald Trump released newly declassified documents July 16 related to foreign influence in U.S. elections.
00:25:44

Trump Says China Illicitly Obtained 220 Million US Voter Files Since 2020 Election

President Trump announced the declassification of information that he alleged reveal large-scale Chinese hacking of American voter information.
spot_img

Related Articles

Popular Categories

MAGA Business Central