August 28, 2008
Stanford Med School rejects industry funding for continuing education
Stanford University's medical school announced this week new restrictions on educational contributions by drug and medical device companies, which turn out to be among the strictest in the nation.
The rules are an effort to limit industry influence on physician practice. Currently, the continuing education programs tend to follow the market's needs and not necessarily the best advancements for optimal patient care.
"The school will no longer accept funds from pharmaceutical or device companies that are targeted to specific programs, as industry-directed funding may compromise the integrity of these education programs for practicing physicians," a press release states.
SiliconValley.com reported that "Drug and medical-device company contributions for continuing medical education have surged nationwide from $302 million in 1998 to $1.2 billion in 2006, according to the Accreditation Council for Continuing Medical Education. Stanford officials said about $1.87 million — or 38 percent — of the medical school's budget for continuing education came from industry sources in fiscal 2006-07."
August 28, 2008 in Medical Devices, Pharma, Sarah Arnquist, The Industry | Permalink
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