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Wednesday, February 11, 2015

Big Pharma's Money Ties To Doctors Revealed. Kind Of

The Obama administration unveiled a website Tuesday that will shed some much-needed light on Big Pharma's relationship with doctors. Just not quite today.

Called Open Payments, it's a tool authorized by the Affordable Care Act that offers details on payments that drug companies and medical device makers give to physicians and medical school teaching hospitals.

The aim is to enable people to discover whether the doctors and hospitals they visit may have motives other than patients' best interests when they choose one drug or medical device over another that may be better or cheaper. Drugmakers have even been fined for making illegal payments to doctors to promote prescribing their medicines.

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