Gift Giving in the Medical Industry Essay -- Healthcare

In a recent article from St. Paul Pioneer Press (http//www.cbsnews.com/8301-505245_162-57348681/drug-company-money-on-rise-for-2-minn-clinics/), the University of atomic number 25 and the Mayo Clinic came under public scrutiny after it was revealed that they received $650,000 in the midst of them in 2010. Gift giving has ceaselessly been a touchy strung-out in the medical industry. Various articles have been written regarding the subject exploring the benefits and its disadvantages. save the tug of war between ethics and the effects of commercialism has all the same to be seen in the stand of medical institutions and health care providers.In 2008, Fortune 500 magazine reported the Pharmaceutical Industry as one of the top three most profitable industries in America. This should not come as a surprise since there will always be sickness and disease and as a necessary incidental there will be patients who will need medicine for these illnesses. It is a lucrative industry that ut ilizes different strategies to gain revenue. said James Rhee, a professor in the Department of Physician Assistants Studies of Eastern Virginia Medical School, when he described the industry in his article in the Internet diary of Academic Physician Assistants(http//www.ispub.com/journal/the-internet-journal-of-academic-physician-assistants/volume-7-number-1/the-influence-of-the-pharmaceutic-industry-on healthcare-practitioners-prescribing-habits.html). Business is business for these large pharmaceutical industries and they engross marketing techniques that will ensure their profitability. In realizing these gains, Pharmaceutical companies employ variations on the tried and tested theme of gift giving.GIFT GIVING, IS IT remove?As early as 2003, Arnold Relman a Harvard ... ...dress conflict of interest issues, fall upon people in strategic position like the director of the purpose of institutional compliance at the University of Minnesota, Lynn Zentner had this to say An unman aged conflict is a problem, Having a conflict of interest is not. Works Cited(http//www.cbsnews.com/8301-505245_162-57348681/drug-company-money-on-rise-for-2-minn-clinics/),(http//www.ispub.com/journal/the-internet-journal-of-academic-physician-assistants/volume-7-number-1/the-influence-of-the-pharmaceutical-industry-on healthcare-practitioners-prescribing-habits.html),(http//www.bmj.com/content/326/7400/1189.extract),(http//www.twincities.com/ci_19619583?source=pkg),http//www.msnbc.msn.com/id/45796673/ns/technology_and_science-science/t/drug-company-money-rise-minn-clinics/.TwFJtDX9Mlc)