Has it now become “all about the money”?
Is patient safety, patient care, patient well-being no longer of concern?
It certainly seems that way.
And this, perhaps better than anything else, serves to prove that the “love of money is the root of all evil.”
The reason why, is that people will do anything to get more of the object of their affection, the object of their love. And, because it is an inanimate object, money cannot in return love those who love it. So the relationship is a “one-way love affair,” wherein one party – the human – spends time, energy, effort and emotion to invest affection in a thing that cannot yield an appropriate return.
For when one invests money, one rightfully expects to profit by receiving money in return. Similarly, when one invests time, energy and emotion, one expects to profit by receiving more time, energy and emotion in return. And yet, time, energy and emotion are things inherently absent in money.
—
Medtronic Manipulated Bone Product Data, Senators Say
Medtronic Inc. (MDT) ghost-wrote sections of medical papers and paid physician authors hundreds of millions of dollars in “consulting fees” to promote its bone- growth product Infuse, a U.S. Senate investigation found.
Medtronic, the world’s biggest maker of heart-rhythm devices, helped write, edit and shape at least 11 medical journal articles about the product, which is used to spur bone growth after spinal surgery, according to report released today by the Senate Finance Committee.
The doctors and researchers who were the authors of the studies were part of a $210 million consulting and royalty payments program by Minneapolis-based Medtronic and never disclosed their ties or the company’s influence in their papers, the panel said in its report.
“Medtronic’s actions violate the trust patients have in their medical care,” Senator Max Baucus, a Montana Democrat and committee chairman, said in a statement. “Medical journal articles should convey an accurate picture of the risks and benefits of drugs and medical devices, but patients are at serious risk when companies distort the facts the way Medtronic has.”
Study Results
Sales of Infuse plunged after The Spine Journal published studies in May 2011 and June 2011 showing Read the rest of this entry »