Affordable Care Act provision reveals drug companies' payments to doctors starting Aug. 1

The public will be able to access information about any payments greater than $10

Everyone has a price. But soon, doctors’ prices will become public knowledge, as on Aug. 1, a provision of the Affordable Care Act goes into effect that requires pharmaceutical and medical device companies to report any financial transactions with doctors or teaching hospitals.

Pharmaceutical companies are known for showering doctors with free meals and other goodies to promote their companies and their drugs, which has been shown to have an influence on which drugs doctors prescribe.

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