Newspaper logo  
 
 
Local Stories, Events

Ref. : Civic Events

Ref. : Arts & Education Events

Ref. : Public Service Notices

Books, Films, Arts & Education
Letters

Ref. : Letters to the editor

Health Care & Environment

09.24 Everything you've been told about plastic is wrong – the answer isn't recycling

09.24 Unlocking secrets of sea level rise in Greenland [15 minute video]

09.24 Air pollution rots our brains. Is that why we don’t do anything about it?

09.24 What are public lands?

09.24 The Netherlands Unveils the World's First Recycled Plastic Bike Lane

09.24 Americans: the next climate migrants 'We're moving to higher ground': America's era of climate mass migration is here [estimates do not include migrants from other nations even more affected]

09.24 Opec predicts massive rise in oil production over next five years [wonderful for fossil fuel investors; terrible for all plants and animals]

09.23 Nasa launches satellite to precisely track how Earth's ice is melting

09.23 Climate study ‘pulls punches’ to keep polluters on board

09.21 Greed is killing Alaska's salmon habitat – but we can still save it

09.21 Trump administration poses new threat to birds in allowing ‘incidental’ killings

09.20 Al Gore Is Still Optimistic [24:06 video; rather than future Frankenstein governments, how can we better ensure having brilliantly efficient & competent governments?]

09.20 The $11 trillion question Chris Cillizza can't answer

09.20 Florence sparks pollution fears after excrement-filled 'hog lagoons' overflow

09.20 EU must end new petrol and diesel car sales by 2030 to meet climate targets – report

News Media Matters

09.22 Progressives to DNC: It Would Be 'Insane' Not to Hand Over Twitter Account to Ocasio-Cortez

09.20 Morning Edition’s Think Tank Sources Lean to the Right

09.19 Taibbi: Bernie Sanders’ Anti-Amazon Bill Is an Indictment of the Media, Too

Daily: FAIR Blog
The Daily Howler

US Politics, Policy & 'Culture'

09.24 Sexual assault is fun if we can all 'lighten up' about it

09.24 Brett Kavanaugh faces second allegation of sexual misconduct09.23 MARYLAND GOVERNOR REBUFFS CALL FOR CRIMINAL INVESTIGATION INTO BRETT KAVANAUGH ATTEMPTED RAPE ALLEGATIONS [Republicans above the law...]

09.23 Trump Is Strangling the U.S. Refugee Program to Death

09.23 Michael Moore's "Fahrenheit 11/9" Aims Not at Trump But at Those Who Created the Conditions That Led to His Rise

09.23 The Trump Administration's Latest Tax Scam for the Rich [video]

09.23 One Tiny Tax Reform, Billions for America

09.22 As Right-Wingers Push Trump to Fire Rosenstein, Here's What to Do If He Does

Justice Matters

09.22 Making Tariffs Corrupt Again

09.22 Why isn't Mark Judge testifying about Kavanaugh? He is an alleged witness

High Crimes?

09.20 Trump Should Be More Worried About the Brennan Dossier

09.19 'Killing a generation': one million more children at risk from famine in Yemen [Does America's government have empathy? Does it understand the concept of morality? The Saudi Air Force would be ineffective without U.S. military assistance...]

09.19 ‘Tied to trees and raped’: UN report details Rohingya horrors

09.16 Merchants of Death Profit from the Bombing of Children as a US-Backed War Goes Largely Ignored

Economics, Crony Capitalism

09.23 The Spider’s Web: Britain’s Second Empire [1:18:01 documentary video; the Book]

09.23 Why We Have To Break Up Amazon

International & Futurism

09.24 'Stop this disaster': Brazilian women mobilise against 'misogynist' far-right Bolsonaro

09.23 For This Year’s International Day of Peace, Korea Takes the Lead

09.22 Which nation is 'most generous' to refugees? Certainly not the US

09.18 Racist rioting in Chemnitz has reopened Germany’s east-west split [After 10,000 generations, we are all mixed-race. So let's become friends with our cousins instead!]

We are a non-profit Internet-only newspaper publication founded in 1973. Your donation is essential to our survival.

You can also mail a check to:
Baltimore News Network, Inc.
P.O. Box 42581
Baltimore, MD 21284-2581
Google
This site Web
  Hip to Profits: The Sleazy Business of Medical Device Manufacturing
Newspaper logo

COMMENTARY:

Hip to Profits: The Sleazy Business of Medical Device Manufacturing

by James Ridgeway
First published in his blog Unsilent Generation yesterday, 2 November 2009

The latest issue of Mother Jones includes an article by Peter Stone on the shady dealings and inflated profits of the medical device industry. These companies make things like artificial joints and heart valves, which are often needed by older people—and paid for by Medicare.

In recent months, these companies have launched a huge lobbying blitz in response to provisions in the health care reform bills that would levy fees on their high-profit enterprise. The efforts apparently have not been wasted: In the latest versions of the legislation, the level of fees has dropped considerably (though that hasn’t stopped the manufacturers’ whining).

Compared with Big Pharma, the medical device industry has received relatively little media coverage or public attention, which makes this article worth reading in full. A few highlights:

We’ve been left jaded, after all, by the endless reports of drugmakers’ seducing physicians with golf and spa weekends, expensive gifts, and lucrative consulting contracts. Well, now that federal investigators have quietly turned their sights on the makers of medical devices—a $200 billion industry whose marketing practices have seen relatively little scrutiny—it’s becoming clear that implant companies are just as solicitous of doctors as Big Pharma has been.

Consider Minneapolis-based Medtronic, the country’s leading device maker, which hauled in nearly $15 billion in 2009 sales despite having become a repeat target for state and federal prosecutors. In 2006, Medtronic agreed to pay the feds $40 million to settle allegations that from 1998 through 2003 it had set up sham consulting and royalty agreements, trips to strip clubs in Tennessee, and other incentives to entice surgeons to use its spinal products....

Stone runs through cases that have led to hundreds of million in federal fines against medical device manufacturers in the last three years, including a $311 million settlement with the top five manufacturs of artificial hips and knees accused of giving doctors millions in kickbacks, often disguised as consulting fees.

Some effort to combat these practices has emerged from the Senate Special Committee on Aging, chaired by Wisconsin Democrat Herb Kohl, which held a “Surgeons for Sale” hearing last year, and in January introduced the Physician Payments Sunshine Act of 2009. This legislation, Stone writes, “would compel makers of medical devices, drugs, vaccines, and the like to publicly disclose any payment of more than $100 to a doctor; failure to report could result in fines of up to $1 million.”

Kohl is hoping the provision will become part of the final final draft of health care reform legislation. But the medical device manufacturers, in league with Big Pharma, will do everything they can to keep that from happening.


Born in 1936, James Ridgeway has been reporting on politics for more than 45 years. He is currently Senior Washington Correspondent for Mother Jones, and recently wrote a blog on the 2008 presidential election for the Guardian online. He previously served as Washington Correspondent for the Village Voice; wrote for Ramparts and The New Republic; and founded and edited two independent newsletters, Hard Times and The Elements.

Ridgeway is the author of 16 books, including The Five Unanswered Questions About 9/11, It’s All for Sale: The Control of Global Resources, and Blood in the Face: The Ku Klux Klan, Aryan Nations, Nazi Skinheads, and the Rise of a New White Culture. He co-directed a companion film to Blood in the Face and a second documentary film, Feed, and has co-produced web videos for GuardianFilms.

Additional information and samples of James Ridgeway’s work can be found on his web site, http://jamesridgeway.net.

This article is republished in the Baltimore Chronicle with permission of the author.



Copyright © 2009 The Baltimore News Network. All rights reserved.

Republication or redistribution of Baltimore Chronicle content is expressly prohibited without their prior written consent.

Baltimore News Network, Inc., sponsor of this web site, is a nonprofit organization and does not make political endorsements. The opinions expressed in stories posted on this web site are the authors' own.

This story was published on November 3, 2009.
 



Public Service Ads:
Verifiable Voting in Maryland