Thursday, June 30, 2016

CT teaching hospitals received $8.3 million from drug and device manufacturers last year

New data shows that nineteen teaching hospitals and 11,016 physicians in CT received payments from drug and device manufacturers last year. Open Payments, the searchable federal data source, was created by the Affordable Care Act which requires that drug and device manufacturers disclose payments to physicians and teaching hospitals. While every CT hospital received some funds, Yale-New Haven, Hartford and CT Children’s Medical Center together received 72% of the $8.34 million state total for last year. The payments to hospitals were for both research projects and grants. Nationally physicians and teaching hospitals were paid $6.5 billion by drug and device makers. Physicians working in nuclear medicine received the highest average among specialties. It’s easy to search Open Payments to learn if and how much your doctor or hospital was paid.