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Big Pharma and Medical Industry Dole Out $3.5 Billion in Kickbacks to Doctors and Teaching Hospitals
Friday, November 27, 2015 9:59
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By Carolanne Wright
Contributing Writer for Wake Up World
“It is scary how many similarities there are between this [pharmaceutical] industry and the mob.” ~ former Vice-President of Pfizer pharmaceuticals.
The U.S. federal government has released disturbing data about the profiteering nature behind our medical system. Namely, a staggering 4.4 million payments made to physicians and teaching hospitals by medical device and pharmaceutical companies.
According to officials from Centers for Medicare & Medicaid Services (CMS), during the last five months of 2013, big pharma and medical companies paid a total of $3.5 billion in kickbacks to 546,000 physicians and 1,360 teaching hospitals.
Source: http://soundofheart.org/galacticfreepress/content/big-pharma-and-medical-industry-dole-out-35-billion-kickbacks-doctors-and-teaching-hospitals
