Alternative Revenue Stream for Private Practice Physicians – Research Investigator
Clinical research is the only way [for a physician in the managed care era] to make a boat payment , quips David Stark, M.D. With increasing frequency, pharmaceutical and medical device companies are turning to physicians in private practice, rather than academic medical centers, to serve as investigators overseeing the 60,000-odd clinical trials each year, between 80 and 90% of which are funded by industry as opposed to, say, NIH. Academic medical centers are losing the “business,” h
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