Uncovering the Influence of Drug Company Payments on Healthcare

Uncovering the Influence of Drug Company Payments on Healthcare

Drug company payments and their effects on patient treatment

March 2023

Around ‘arf of all US doctors receive dosh or gifts from drug and device companies, totalling more than £1 billion annually. This creates conflicts of interest that influence ‘how doctors treat their patients, as confirmed by a research team at Memorial Sloan Kettering Cancer Center, who analyzed all available studies on the topic.

All 36 studies showed that receiving industry dosh increases prescribing, affecting all medical specialities and types of drugs. This ‘arms patients by leading doctors to prescribe expensive, worthless drugs and deviate from prescribing guidelines, and it also contributes to rising healthcare costs. The medical community has resisted stopping this cash flow, arguing that industry payments may have benefits.

A Review of the Influence of drug company payments on US Doctors

Still, a federal ban on payments is necessary as physician-led change is unlikely. Alternative, unbiased information sources exist for doctors to learn about new drugs. The £1 billion per year is for promoting drugs that are already on the market, not for researching new drugs. The harmful effects of drug company payments on patient treatment must be addressed. Source

.

Discover More: Stimulating Articles That Will Captivate You

Stock Market Anxiety: The aggressive Bastard's guide to winning

Stock Market Anxiety: Overcome Fear and Focus on Opportunity

Stock Market Anxiety: Don’t Be a Silly Goat—Seize the Opportunity Nov 22, 2024 The Bastard's Guide to Market Mastery: A ...
Contrarian Thinking

Contrarian Thinking: The Power of Challenging the Status Quo

Success Uncorked: The Marvels of Contrarian Thinking Nov 15, 2024 Prepare to embark on an exhilarating journey into the realm ...
What is Market Behavior

What is Market Behavior? It’s Not the Question—It’s Time to Act

What is Market Behavior? Stop Wasting Time and Start Taking Action Nov 4, 2024 The Market Maverick's Manifesto: Where Ancient ...
Unlocking Potential: The Power of Brain Control

Brain Control: Domination via Pleasure

Brain Control & The Pleasure Slaves Oct 29, 2024 However, the biggest threat will be a system that directly stimulates ...
Power vs Force:

Power vs Force: Understanding Why Power Consistently Prevails

Power vs Force: The Enduring Strength of Wisdom Over Domination Oct 29, 2024 Prelude to Power: The Eternal Duel Few ...
Benefits of Investing Early: Building Wealth and Achieving Peace of Mind

Benefits of Investing Early: Wealth and Serenity

Benefits of Investing Early: Building Wealth and Achieving Peace of Mind Oct 29, 2024 The Quiet Alchemy: Unleashing the Power ...
The Contrarian Outlook - Unleashing Success

Contrarian Outlook: A Pathway to Breakthrough or Breakdown

Contrarian Outlook: Balancing the Scale of Success and Risk Updated Oct 29, 20234 Introduction Adopting a Contrarian Outlook could be ...
"Escaping the 9-5 Rat Race: Freedom or Endless Toil?"

9-5 Rat Race: Work Until You Die or Break Free?

Breaking Free from the 9-5 Rat Race: Investing for Financial Freedom Oct 25, 2024  Intro: Breaking Free: The Art of ...
Collective Euphoria

Collective Euphoria: How Madness Fuels Financial Disaster

Collective Euphoria: When Mass Hysteria Leads to Financial Ruin Oct 24, 2024 Introduction: The Seductive Allure of Boundless Optimism "What ...
Strategic Ignorance: Where Rational Math Meets Market Madness

Strategic Ignorance: When Math Collides with Market Madness

When Mathematics Meets Madness: The Hidden Patterns of Market Psychology Oct 24, 2024 The Paradox of Certainty In 73 BCE, ...
Uptrend Stocks

Uptrend Stocks: Embracing the Renaissance of Market Prosperity

Uptrend Stocks: Navigating the New Era of Market Prosperity Oct 24, 2024 The Invisible Choreography: Unveiling the Dance of Markets ...
Overtrading: The Perfect Burro Formula

Overtrading: A Foolproof Recipe for Becoming a Burro in the Markets

Overtrading: The Perfect Burro Formula for Financial Failure Oct 23, 2024 The Siren Song of Market Euphoria Picture this: It's ...
Mob Psychology

Mob Psychology: Breaking Free to Achieve True Financial Success

Mob Psychology: Rise Above for Financial Freedom Oct 19 2024 When a crowd transforms into a mob, reason dies a ...
What is the bandwagon effect. Silly people following Simon

What is the Bandwagon Effect? Exploring Its Impact

What is the Bandwagon Effect? Unravelling Social Influence & Cognitive Bias Updated Oct 19, 2024 The bandwagon effect is a ...
Hidden Positive Divergence: The Unsung Hero of Technical Analysis

Hidden Positive Divergence: Harness Its Power to Dominate the Markets

Unlocking Hidden Positive Divergence: The Secret Weapon to Outperform the Markets Oct 18, 2024 Introduction Imagine the potential for remarkable ...