ASHEBORO N.C. (ACME NEWS) – In the healthcare industry, the influence of pharmaceutical companies on doctors has long been a topic of scrutiny. The Physician Payments Sunshine Act, implemented in 2013, mandates transparency by requiring pharmaceutical and medical device manufacturers to report payments and other transfers of value to physicians and teaching hospitals. This information is then made publicly accessible through an annual database maintained by the Centers for Medicare & Medicaid Services (CMS).
The database provides insights into the financial interactions between drug companies and healthcare providers, including the amount, purpose, and recipients of these payments. The most recent data available covers payments made during the 2020 calendar year.
For Randolph County, this data reveals how local physicians and healthcare facilities are compensated by pharmaceutical companies, whether for consulting, research, travel, meals, or other purposes.
The goal of this disclosure is to enhance transparency and help the public understand the potential influence of pharmaceutical companies on healthcare practices in their communities.
Interested in finding out if your doctor is getting payments from drug companies and why? You can look up a doctor by name at https://openpaymentsdata.cms.gov/
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