Doctors on Drugs

By Infographics

Courtesy Medical Billing and Coding

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Increasing in costs each year, prescription pills are one of the most profitable and dominating industries in the nation, with annual sales in the hundreds of billions. Prescribed medications constitute a significant bulk of work that medical coders must transcribe. Shockingly, the prescription pill industry has questionable practices to increase their bottom line, and in turn, increase coding workload through unnecessary prescriptions.

Though pharmaceutical companies have long-earned a reputation for wooing doctors with gifts, bribes, and incentives, it was only revealed in recent years that they’ve also been paying doctors huge sums of money to promote certain products – and doctors are taking up these offers. These pre-selected medications are not only violating a conflict of interest, they can be largely responsible for increases in patient and insurance costs: a doctor may feel obligated to prescribe an expensive “sponsored” medication over a cheaper alternative.

This in turn, is reflected on the overall rising cost of healthcare, which unfortunately, is exactly what the doctor ordered. 


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2 Responses

  1. Good Post – But, the Global War on Drugs has Failed

    A key commission criticizes the US approach and argues that governments should end the criminalization of some drug use.



  2. Deadline looms for 2014 eRx pay adjustment

    Did you know that individual eligible professionals and group practices participating in the Group Practice Reporting Option must successfully report as an electronic prescriber before June 30th, 2013, in order to avoid a 2014 payment adjustment for professional services covered under Medicare Part B’s Physician Fee Schedule?



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