Drug and device firms paid $3.5B to care providers

September 30, 2014 10:14 PM

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Drug and device firms paid $3.5B to care providers

WASHINGTON (AP) - From research grants to travel junkets, drug and medical device companies paid doctors and leading hospitals billions of dollars last year, the government disclosed Tuesday in a new effort to spotlight potential ethical conflicts in medicine.

The value of industry payments and other financial benefits totaled nearly $3.5 billion in the five-month period from August through December 2013, according to the Centers for Medicare and Medicaid Services, which released the data.

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