Saturday, July 19, 2008

Cancer docs profit from chemotherapy drugs

FYI



Cancer docs profit from chemotherapy drugs
Situation begs the ethical question: Are they overprescribing?
By Rehema Ellis
Correspondent
updated 6:34 p.m. CT, Thurs., Sept. 21, 2006

NEW YORK — It is a unique situation in medicine: Unlike other kinds of doctors, cancer doctors are allowed to profit from the sale of chemotherapy drugs.

"The significant amount of our revenue comes from the profit, if you will, that we make from selling the drugs," says Dr. Peter Eisenberg, a private physician who specializes in cancer treatment.

Doctors in other specialties simply write prescriptions. But oncologists make most of their income by buying drugs wholesale and selling them to patients at a marked up prices.

http://www.msnbc.msn.com/id/14944098/print/1/displaymode/1098/

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