May 15, 2007

Money Talks

Category: academic,Pharma,Politics,Psychiatry,Tech — Biella @ 7:32 am

This is somewhat old news but these two articles are worth linking here and linking together for they convey nicely, in the words of AC/DC, how “money talks” and also how numbers can talk about how money talks.

One article is Senators who weakened drug bill got millions from industry from USA Today and the other is on a topic that has been receiving a lot of play in the NYTimes Psychiatrists, Children and Drug Industry’s Role.

I am not so much a researcher of numbers in so far as I don’t produce them, and think it is a good idea to cultivate a healthy skepticism of them, but I do appreciate what they can tell us. I think the article in the NYTimes is particularly insightful because it is based on “public reports of all drug company marketing payments to doctors” in the state of Minnesota, the *only* state that requires this access. The authors of the article are careful to hedge and qualify their findings, but many of them do suggest that the more money a doctor gets, the higher the likelihood they will prescribe more meds and of a certain class. Hopefully more states will pass such legislation and more research will be done.

This is my favorite quote from the article

“There’s an irony that psychiatrists ask patients to have insights into themselves, but we don’t connect the wires in our own lives about how money is affecting our profession and putting our patients at risk,” he said.”

1 Comment »


    Comment by Kevin Mark — May 15, 2007 @ 9:17 pm

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