7.16.2021

How much money has your doctor received from the drug company selling their product to him/her..... you can look this up.

 

 

This morning's coffee talk starts from a book I'm 're-reading' again.  It's full of good information, but one part that got me "pondering over coffee" was the crazy amount of money paid to doctors and nurse practitioners from the pharmaceutical companies.  

From the book: Do You Really Need That Pill?: How to Avoid Side Effects, Interactions, and Other Dangers of Overmedication

"... there are many ways the drug industry encourages doctors to prescribe more pills.  After a busy day of seeing patients, few doctors have the time or inclination to keep up with the dizzying amount of information available about new and existing drugs.  They rely on sales representatives, medical journals, professional websites, and continuing education programs; many of which are underwritten by drug manufacturers to provide biased information intended to increase sales of their products."
When I was reading, one of the quotes that got me researching was this;

From August of 2013 through December of 2015 the money paid to doctors and hospitals from drug companies was a staggering $6.25 billion.  
 
These were payments logged as "speaking" and "consulting" "meals" "travel" "gifts" to 810,716 doctors and 1171 teaching hospitals.

This does not include funding for research, nor does it include marketing to physicians by drug representatives.

For example, Pfizer, the world's largest drug manufacturer with total sales already at 52 billion a year just in 2016 - and that was 5 years ago - (the amount they are pulling in now will make you throw up a little in your mouth as it drops open in surprise...) paid out nearly $128 million (dollars) to 168K doctors.   

Doctors today are writing prescriptions more than ever in our history.  Sadly however, they are spending less time with patients than ever before, and instead of doing comprehensive physicals and taking the time to talk to the patients, they rush (late) into the appointment, glance at the weight/blood pressure the nurse wrote down for you, listen to your heart and start to prescribe a slew of expensive tests and write prescriptions.

And the prescriptions being written are sometimes heavily influenced by the pharmaceutical companies selling them.




ProPublica has been tracking drug company spending on doctors since 2010 and provide a database in which you can look up your medical center/hospital, your state, your city or even your doctor's name to see if they've been bought and paid for by certain drug pharmas.  It's called "Dollars for Doctors".

(See link above).

However they also found however that the drug and device company payments were being tracked to the doctors while the payments and 'gifts' to nurse practitioners and physician assistants were excluded.  Once they started to look at those, they found kick-backs as well.




 



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Reading about how heavily Pfizer pays off doctors, nurse practitioners and hospitals led me to wonder what their income would be for this year - since selling the public on vaccines that don't actually keep you from getting Covid and by definition aren't even true 'vaccines' and are not medically approved by the FDA.

Pfizer’s data shows it made $3.5 billion in Covid 'vaccine' revenue during the first three months of 2021.

3.5 billion JUST on their shot (not counting the rest of the staggering amount of drugs it makes and sells) and only in the first 3 months of this year.

According to The New York Times, Pfizer said that the revenue accounted for nearly a quarter of its total revenue, making the vaccine by far the company's most lucrative product.

Although Pfizer has not revealed the profits it generated from the vaccine, it reiterated a prediction that the profits would be in the high 20 per cent range, which means the company's profits would land in the $900m pre-tax range.

 

Johnson & Johnson and AstraZeneca both vowed to sell their vaccines on a nonprofit basis during the pandemic. Moderna, which has never made a profit and has no other products on the market, decided to sell its vaccine at a profit.

Unlike Moderna’s vaccine, Pfizer’s shot is not crucial to the company’s bottom line. Last year, Pfizer earned $9.6 billion in profits, before the Covid vaccine had any discernible impact on its results.


 


 

 

Just pondering it all over coffee....  and shoot.  I brewed a new (third) cup while I was typing this and now it's ice cold.  Ha.  Time to brew a new hot, strong, black cup of coffee and start the rest of my day.

It's just the coffee talking again....