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AbbVie Hikes Doc Payments By 135%, Merck By 86% As BMS, J&J Cut Spending

 
• By Brenda Sandburg

Under CMS' Open Payments program, medical product manufacturers reported $8.1bn in payments and ownership and investment interests to physicians and teaching hospitals in 2016, a 1% increase from the previous year.

US dollars

Among the top 15 pharma companies, AbbVie Inc. and Merck & Co. Inc. had the biggest spikes in payments to physicians in 2016, increasing them by 135% and 86%, respectively, while Bristol-Myers Squibb Co. slashed its payments by 80% and Janssen Pharmaceuticals Inc. by 57%, according to figures from the Centers for Medicare & Medicaid Services' Open Payments database.

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