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Big Pharma Funds Election Campaigns Amid Drug Pricing Battle

Big Pharma Funds Election Campaigns Amid Drug Pricing BattleWith elections looming and drug prices hitting outrageous highs, big pharma is scrambling to win over Congress, shelling out millions to fund the political campaigns of U.S. lawmakers – especially those who can help keep profits flowing.
Democrats and Republicans alike can agree on is...

Do Big Pharma Exec Salaries Correlate w/Fraud & Whistleblower Sanctions?

Do Big Pharma Exec Salaries Correlate w/Fraud & Whistleblower Sanctions?

There was an interesting article in Forbes this week concerning the CEO salaries of Big Pharma and other healthcare giants. According to the article, "There is no mistaking the fact that the sector with the highest market capitalization – pharmaceutical companies – also had the highest executive compensation. This sector also had the highest net profit margins (NPMs) of any healthcare sector and it could well be the highest NPMs for any industry including those outside of healthcare."

We aren't surprised.

DOJ Says Healthcare Fraud Costs Taxpayers Billions: Federal False Claims Act Statistics

Unfortunately, the healthcare industry also has the highest rates of fraud according to Justice Department statistics compiled under the U.S. Federal False Claims Act. Medicare fraud costs taxpayers billions of dollars every year. Is there a tie between huge executive salaries and greed? Absolutely....


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