A digital Way to Find out whether your psychiatrist is getting paid by pharmaceutical companies to prescribe certain drugs - Digital Intent

PHARMA HEALTHCARE BIOTECH DIGITAL NEWS & VIEWS

Wednesday, 6 December 2017

A digital Way to Find out whether your psychiatrist is getting paid by pharmaceutical companies to prescribe certain drugs

Some patients want to know whether their physicians may be heavily influenced by financial relationships such that these relationships may bias or cloud physicians’ clinical judgment. This type of physician-industry relationship has a negative perception by patients.

The Government’s Open Payments Data is a website that lets you search physicians with past and existing financial relationships with pharmaceutical companies. This database records all payments above $10 to physicians for any reason during a transaction or exchange with any agents of industry whether directly or indirectly. The database tells you whether this money comes from direct research payments, ownership and investment interest, or associated research.

In fact, OpenData tells you the breakdown. It also tells how a physician's payments compare with the average payment amount for all physicains reporting inthe U.S.


The Facts About Open Payments Data

Total US Dollar Value
8.18 Billion
Total Companies making Payments
1481
Total teaching Hospitals with payment record
1146
Total records Published
11.96 million
Total Physicians with payment Records
 631,000





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