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Monterey, CA Local Doctors Receive Big Payments From Pharmaceutical Companies : View From A Private Duty Caregiver Serving Carmel, Carmel Valley, Gilroy, Gonzalez, Greenfield, Hollister, King City, Marina, Monterey, Pacific Grove, Pebble Beach, Salinas, San Juan Bautista, Seaside And Soledad California

Monterey, CA Local Doctors Receive Big Payments From Pharmaceutical Companies : View From A Private Duty Caregiver Serving Carmel, Carmel Valley, Gilroy, Gonzalez, Greenfield, Hollister, King City, Marina, Monterey, Pacific Grove, Pebble Beach, Salinas, San Juan Bautista, Seaside And Soledad California

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Published by Richard Kuehn
Local Doctors Receive Big Payments From Pharmaceutical Companies
Local Doctors Receive Big Payments From Pharmaceutical Companies

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Published by: Richard Kuehn on Mar 13, 2013
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05/14/2014

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Monterey, CA Local Doctors Receive Big Payments From Pharmaceutical Companies : View From A Private Duty Caregiver Serving

Carmel, Carmel Valley, Gilroy, Gonzalez, Greenfield, Hollister, King City, Marina, Monterey, Pacific Grove, Pebble Beach, Salinas, San Juan Bautista, Seaside And Soledad California It is not uncommon for physicians to supplement their income by giving speeches, throwing dinners and attending other events to promote drugs or medical devices. However, some doctors have made a very good living at it and it can call into question whether they are unbiased if they rely too much on one pharmaceutical company for their income. The Monterey Herald noted that ProPublica's Dollars for Docs database has recently been updated and it shows that more than $2 billion in payments were made by 15 drug companies between 2009 and 2012. This was for a combination of promotional speaking, research, consulting, travel, meals and related expenses. The highest paid was Dr. Jon Draud, medical director of psychiatric and addiction medicine at two hospitals. In addition to his salaries at the hospitals, he pulled in more than $1 mil. from seven drug companies. 21 other doctors made more than $500K since 2009. In Monterey County, 13 doctors received over $10K in promotional money from pharmaceutical companies during the same time period. Two, Dr. James W. Chu and Dr. Terrence James Moran, pulled in more than $100K, Dr. Chu's tally was close to $250K. Doctors practicing in the state of California pulled in $240 million in promotional dollars between 2009 and 2012, with 50 Monterey county doctors pulling in more than $500K in aggregate. Things will become more transparent starting in 2014 when the Affordable Care Act takes effect. This will require all pharmaceutical and medical equipment companies to reveal fees paid to physicians. The $2 billion tracked in the ProPublica database might just be the tip of the iceberg since many of these payments aren't currently publicly disclosed. ProPublica is a non-profit company that tries to track down these payments for the public and I applaud their good work. These payments should be transparent and should name the drugs which are being promoted. http://www.montereyherald.com/health/ci_22762652/dollars-docs-database-shows-drugmakers-payoutsphysicians

About Richard Kuehn & Family inHome Caregiving: After more than a decade of caregiving, both in a professional environment and for a 97 year old family member I was dissatisfied with service from local caregiving agencies. I became convinced of the need for a service which provides very personal assistance to elderly and founded Family inHome Caregiving serving the Monterey Peninsula. Please visit my blog where I talk about important senior issues at: http://www.familyinhomecaregiving.com/Blog

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