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Industry Financial Relationships in Orthopaedic Surgery
- Source :
- The Journal of Bone and Joint Surgery. 97:1288-1295
- Publication Year :
- 2015
- Publisher :
- Ovid Technologies (Wolters Kluwer Health), 2015.
-
Abstract
- Background: Industry financial relationships for orthopaedic surgeons in the United States are now publicly reported in the Sunshine Act Open Payments database. We sought to present these data in a more easily understandable format and to describe how industry relationships in orthopaedic surgery compare with other surgical subspecialties. Methods: The Open Payments database was searched for all records of industry financial relationships for orthopaedic surgeons. Data analyzed included the value of reported financial relationships per surgeon, the type of financial relationship, and geographic region. Similar analytics were collected for neurological surgery, urology, plastic surgery, and otolaryngology. Data were normalized to the overall number of providers in each subspecialty in the United States from the American Medical Association 2012 data. Results: For 12,320 orthopaedic surgeons, 58,127 industry financial relationships were reported, with a total value of $80.2 million. Royalties or licensing fees, which were received by 1.7% of U.S. orthopaedic surgeons, accounted for 69.5% of the total monetary value of payments to orthopaedic surgeons. Between August and December 2013, 50.1% of U.S. orthopaedic surgeons had a reported financial relationship. Orthopaedics had the second lowest percentage of physicians with industry financial relationships among the five surgical subspecialties studied. The overall value of payments per orthopaedic surgeon was higher than in the other subspecialties, driven by the large value of royalties and licensing. Conclusions: One-half of U.S. orthopaedic surgeons have industry financial relationships reported in the Open Payments database. Orthopaedic surgeons are less likely than most surgical subspecialists to receive industry payments, and the majority of the overall value of orthopaedic financial relationships is driven by a small number of orthopaedic surgeons receiving royalties and licensing for reimbursable innovation within the field.
- Subjects :
- Male
medicine.medical_specialty
Databases, Factual
media_common.quotation_subject
MEDLINE
Subspecialty
computer.software_genre
Specialties, Surgical
Monetary value
medicine
Humans
Industry
Orthopedic Procedures
Orthopedics and Sports Medicine
Practice Patterns, Physicians'
American Medical Association
media_common
Finance
Database
Prospective Payment System
business.industry
Practice patterns
General Medicine
Payment
United States
Interinstitutional Relations
Otorhinolaryngology
Orthopedic surgery
Geographic regions
Female
Surgery
business
computer
Subjects
Details
- ISSN :
- 00219355
- Volume :
- 97
- Database :
- OpenAIRE
- Journal :
- The Journal of Bone and Joint Surgery
- Accession number :
- edsair.doi.dedup.....eeb2b1ae1bd0413ac61be244fcfbf420
- Full Text :
- https://doi.org/10.2106/jbjs.n.01093