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Opinion

''Disclosure can address doctors' conflicts of interest''


"Eighty-four percent of American physicians have a financial relationship with a drug or medical-device company, according to the Archives of Internal Medicine. For more than a year, I was one of them.

When I was a psychiatrist in private practice, a drug company asked me to educate physicians about the benefits of its antidepressant. I was paid up to $750 a session for my efforts.

As a result, I saw firsthand how a simple exchange of money could undermine the objectivity of a well-meaning doctor. I oversold the scientifically demonstrated benefits of the drug and downplayed its equally well established disadvantages, rationalizing my behavior all along.

...

Two years ago, Congress passed the Physician Payments Sunshine Act as part of the health-care reform law, requiring drug and device companies to disclose financial relationships with physicians and teaching hospitals. Once the provision is fully implemented, patients will be able to look up their doctors online and find out how much money they've received from the businesses whose products they prescribe.

... 

Unfortunately, the Obama administration has fallen at least a year behind schedule in its efforts to put the provision into effect. Last year, the Pew Health Group, Consumers Union, and Community Catalyst joined forces with leading drug and device industry associations to urge the Department of Health and Human Services to implement the legislation swiftly, noting that it will "protect patients and help restore trust in our health-care system." With such broad support for the program, there's no good reason for further delay."

Full article

Date added:
Jun 26, 2012
Project:
Pew Prescription Project
Topic:
Medical Safety
Related Expert:
Daniel Carlat

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