Industry Financial Relationships in Orthopaedic Surgery: Analysis of the Sunshine Act Open Payments Database and Comparison with Other Surgical Subspecialties
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 com...
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Veröffentlicht in: | Journal of bone and joint surgery. American volume 2015-08, Vol.97 (15), p.1288-1295 |
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description | 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. |
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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.</description><identifier>ISSN: 0021-9355</identifier><identifier>EISSN: 1535-1386</identifier><identifier>DOI: 10.2106/JBJS.N.01093</identifier><identifier>PMID: 26246264</identifier><language>eng</language><publisher>United States: Copyright by The Journal of Bone and Joint Surgery, Incorporated</publisher><subject>American Medical Association ; Databases, Factual - economics ; Female ; Humans ; Industry - economics ; Interinstitutional Relations ; Male ; Orthopedic Procedures - economics ; Orthopedic Procedures - statistics & numerical data ; Orthopedics ; Practice Patterns, Physicians' - economics ; Prospective Payment System - economics ; Specialties, Surgical - economics ; United States</subject><ispartof>Journal of bone and joint surgery. American volume, 2015-08, Vol.97 (15), p.1288-1295</ispartof><rights>The Journal of Bone and Joint Surgery, Inc.</rights><rights>Copyright 2015 by The Journal of Bone and Joint Surgery, Incorporated</rights><rights>Copyright © 2015 by The Journal of Bone and Joint Surgery, Incorporated.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><cites>FETCH-LOGICAL-c3810-4ecd4f9a9cfce0d6e98bb8500db3933e77c7260d50e8c026f92b2d9b7420987c3</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,776,780,27901,27902</link.rule.ids><backlink>$$Uhttps://www.ncbi.nlm.nih.gov/pubmed/26246264$$D View this record in MEDLINE/PubMed$$Hfree_for_read</backlink></links><search><creatorcontrib>Cvetanovich, Gregory L., MD</creatorcontrib><creatorcontrib>Chalmers, Peter N., MD</creatorcontrib><creatorcontrib>Bach, Bernard R., MD</creatorcontrib><title>Industry Financial Relationships in Orthopaedic Surgery: Analysis of the Sunshine Act Open Payments Database and Comparison with Other Surgical Subspecialties</title><title>Journal of bone and joint surgery. American volume</title><addtitle>J Bone Joint Surg Am</addtitle><description>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.</description><subject>American Medical Association</subject><subject>Databases, Factual - economics</subject><subject>Female</subject><subject>Humans</subject><subject>Industry - economics</subject><subject>Interinstitutional Relations</subject><subject>Male</subject><subject>Orthopedic Procedures - economics</subject><subject>Orthopedic Procedures - statistics & numerical data</subject><subject>Orthopedics</subject><subject>Practice Patterns, Physicians' - economics</subject><subject>Prospective Payment System - economics</subject><subject>Specialties, Surgical - economics</subject><subject>United States</subject><issn>0021-9355</issn><issn>1535-1386</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2015</creationdate><recordtype>article</recordtype><sourceid>EIF</sourceid><recordid>eNqFkk9v1DAQxSMEokvhxhn5yIEsY-evOSAtC4VWVRexcLYcZ0LcJk5qO6zyZfisOLuFKydL49-beZo3UfSSwppRyN9efbjar2_WQIEnj6IVzZIspkmZP45WAIzGPMmys-iZc7cAkKZQPI3OWM7SnOXpKvp9aerJeTuTC22kUVp25Bt20uvBuFaPjmhDdta3wyix1orsJ_sT7fyObIzsZqcdGRriWwwfi8Ag2ShPdiMa8lXOPRrvyEfpZSUdEmlqsh36UVrtBkMO2rdkF8T22FarMHw_VW7ExYfX6J5HTxrZOXzx8J5HPy4-fd9-ia93ny-3m-tYJSWFOEVVpw2XXDUKoc6Rl1VVZgB1lfAkwaJQBcuhzgBLBSxvOKtYzasiZcDLQiXn0etT39EO9xM6L3rtFHadNDhMTtCSUg605OX_0SIMyPKcQkDfnFBlB-csNmK0upd2FhTEEp5YwhM34hhewF89dJ6qHut_8N-0ApCegMPQebTurpsOaEWLYVmtgCXfnCUxA5pBCRnEoXK08f4kw7DBXzooVKfNsu07nNHdDpMNWQbnwjEBYr-czXI14ZSAMUiTP5lSu2k</recordid><startdate>20150805</startdate><enddate>20150805</enddate><creator>Cvetanovich, Gregory L., MD</creator><creator>Chalmers, Peter N., MD</creator><creator>Bach, Bernard R., MD</creator><general>Copyright by The Journal of Bone and Joint Surgery, Incorporated</general><scope>CGR</scope><scope>CUY</scope><scope>CVF</scope><scope>ECM</scope><scope>EIF</scope><scope>NPM</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7X8</scope><scope>7TS</scope></search><sort><creationdate>20150805</creationdate><title>Industry Financial Relationships in Orthopaedic Surgery: Analysis of the Sunshine Act Open Payments Database and Comparison with Other Surgical Subspecialties</title><author>Cvetanovich, Gregory L., MD ; Chalmers, Peter N., MD ; Bach, Bernard R., MD</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c3810-4ecd4f9a9cfce0d6e98bb8500db3933e77c7260d50e8c026f92b2d9b7420987c3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2015</creationdate><topic>American Medical Association</topic><topic>Databases, Factual - economics</topic><topic>Female</topic><topic>Humans</topic><topic>Industry - economics</topic><topic>Interinstitutional Relations</topic><topic>Male</topic><topic>Orthopedic Procedures - economics</topic><topic>Orthopedic Procedures - statistics & numerical data</topic><topic>Orthopedics</topic><topic>Practice Patterns, Physicians' - economics</topic><topic>Prospective Payment System - economics</topic><topic>Specialties, Surgical - economics</topic><topic>United States</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Cvetanovich, Gregory L., MD</creatorcontrib><creatorcontrib>Chalmers, Peter N., MD</creatorcontrib><creatorcontrib>Bach, Bernard R., MD</creatorcontrib><collection>Medline</collection><collection>MEDLINE</collection><collection>MEDLINE (Ovid)</collection><collection>MEDLINE</collection><collection>MEDLINE</collection><collection>PubMed</collection><collection>CrossRef</collection><collection>MEDLINE - Academic</collection><collection>Physical Education Index</collection><jtitle>Journal of bone and joint surgery. American volume</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Cvetanovich, Gregory L., MD</au><au>Chalmers, Peter N., MD</au><au>Bach, Bernard R., MD</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Industry Financial Relationships in Orthopaedic Surgery: Analysis of the Sunshine Act Open Payments Database and Comparison with Other Surgical Subspecialties</atitle><jtitle>Journal of bone and joint surgery. American volume</jtitle><addtitle>J Bone Joint Surg Am</addtitle><date>2015-08-05</date><risdate>2015</risdate><volume>97</volume><issue>15</issue><spage>1288</spage><epage>1295</epage><pages>1288-1295</pages><issn>0021-9355</issn><eissn>1535-1386</eissn><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.</abstract><cop>United States</cop><pub>Copyright by The Journal of Bone and Joint Surgery, Incorporated</pub><pmid>26246264</pmid><doi>10.2106/JBJS.N.01093</doi><tpages>8</tpages></addata></record> |
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subjects | American Medical Association Databases, Factual - economics Female Humans Industry - economics Interinstitutional Relations Male Orthopedic Procedures - economics Orthopedic Procedures - statistics & numerical data Orthopedics Practice Patterns, Physicians' - economics Prospective Payment System - economics Specialties, Surgical - economics United States |
title | Industry Financial Relationships in Orthopaedic Surgery: Analysis of the Sunshine Act Open Payments Database and Comparison with Other Surgical Subspecialties |
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