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Investigating physician-owned distributorships

 

The U.S. Senate Finance Committee held a meeting Nov. 17 to discuss if physician-owned distributorships (PODs) hurt patients and payers.

A POD is a medical-device business that physicians invest in and operate,  Critics argue that they can create a conflict of interest that hurts the healthcare system if physicians use the devices they sell in their own practice.

But John Steinmann, D.O., an orthopedic surgeon, testified  for PODs. citing a model he has developed for surgeon ownership in PODs “that reduces conflicts of interest, ensures cost savings and protects patient safety,” Becker’s Hospital Review reported.

 

 


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