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ownership

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Financial Conflicts of Interest Affect Medical Research

submitted by: admin on 09/21/2013
Research has documented that 91% of randomized clinical trials that have a financial conflict of interest (FCOI) have a positive outcome compared to those that do not. The most common FCOIs include research grants, employment, honorariums, and share ownership. Of the more than 100 studies reviewed, FCOIs were present more than 50% of the time! This data confirms...

MDs Over-Prescribe Tests They Profit From

submitted by: admin on 10/11/2013
  Financial reimbursement and ownership of medical testing equipment leads to over-prescribing of these tests. These types of conflict of interest extend to ownership of MRI and CT facilities, surgicenters, cardiac imaging equipment, laboratory services and much more. A recent article in JAMA documented that MDs over prescribe two types of cardiac stress...

Ownership Spurs Unnecessary MRI Tests

submitted by: admin on 09/30/2013
A study published in September of 2013 in the journal, Radiology, looked at the number of knee MRIs that were ordered by MDs with ownership in the MRI facility and those that did not, and found that about 33% more were ordered by those with ownership.  Medical practice has become a business, and income is the bottom line for for a business. We believe...

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