Senate Probe Uncovers Widespread Doctor Payments

Law360, New York (February 27, 2008, 12:00 AM EST) -- U.S. lawmakers have called for legislation mandating full disclosure of health care industry payments to physicians, following revelations that five top orthopedic implant makers spent $230 million on payments to doctors last year.

Disguised as consultant fees, educational grants, gifts and clinical trial funds, payments by medical supply companies to doctors has become a “pervasive and industrywide” practice that needs to be curbed, Sen. Herb Kohl (D-Wis.) said at a hearing Wednesday.

The U.S Senate Special Committee on Aging hearing followed a six-month investigation into the...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.