A lot of people might asking on how much do huge pharmaceutical corporations spend just to earn doctor’s prescription, let’s take a look with this new study findings.
In case you didn’t know, there is a government website where you can search to find out how much money that these companies are giving to doctors in the United States.
The digital site also let you know these information, all you have to do is type a practitioner’s name into the search bar.
The website will break down which companies have paid that practitioner. It will also expose the nature of the payments. It also furnished what payment such as consulting fee or a research fee? Or was the payment for travel and lodging expenses or grants?
The US-based website also permits netizens to search for specific companies to see how much they have dished out to doctors.
For example, Purdue Pharma, the manufacturer of OxyContin, spent a total of $10,977,788 in payments.
According to the website, surprising data of almost 60% of these payments were spent on “compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program.”
Meanwhile, many people fear that huge pharma has manipulated doctors into buying large amounts of certain drugs. This could cause doctors to become pressured to prescribe that certain drug, regardless of whether the patient actually needs it or not.
A recent study will not definitely give you a peace of mind, it revealed that doctors who received a free meal from a pharmaceutical company were more likely to prescribe a medication that the drug company was promoting.
It depicts an alarming statement that the more expensive the meals were, the higher the prescribing rates.
In the said study, researchers looked at at government data on pharmaceutical company payments. They assessed and evaluated how the payments may be correlated with U.S. doctor’s prescription choices for heart drugs and an antidepressant.
Researchers found that doctors who got even a single meal from a company promoting a certain drug were significantly more likely to prescribe the drug.
The authors of the study explained that the findings “support the importance of ongoing transparency efforts in the United States and Europe.”
The latest study has shown that the most aggressively promoted drugs aren’t medical breakthrough medications. They tend to be drugs that are new to the market. They might be under-performing or facing competition from older, more readily available drugs.
With the findings, the possibility of doctors taking kickbacks is very clear. When they’re being paid to prescribe a certain drug, they don’t have your best interest at heart. They are no longer truly concerned with your health. Instead, their top priority becomes filling their pockets.
The social reality that everyone must take seriously most especially the government and medical practitioners’ group, because it clearly shows that it’s not only about prescribing drugs there’s a huge loopholes that we should take act upon.
You can check this out at: openpaymentsdata.cms.gov