Tuesday, August 14, 2007

Medicare Fraud Settlement Causes Oncologists to Lose Income

Medicare Fraud Settlement Causes Oncologists to Lose Income:

"The cases centered around a major sales promotion effort by two pharmaceutical companies, AstraZeneca and TAP Pharmaceuticals, that encouraged oncologists who received free drug samples to provide the samples to their Medicare-insured prostate cancer patients and bill Medicare the $1,200 charge for the product. Many oncologists earned an extra $100,000 annually in income with this program, and some of the busier ones earned more than $1 "

Sorry this is old news, but I'm tring to dig up information on "rebates' and the like to physicians from drug and equipment companies. Let me make it clear that this is unique to certain specialties and is not in any way routine practice for the vast majority of physicians.

Cheers.

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