Senate Finance Committee launches physician-owned distributorship hearings: 5 things to know

kagan-playersThe Senate Finance Committee held a hearing on physician-owned distributorships to explore how physicians receive revenue from medical devices used in surgery with PODs.

Previous investigations and reports have shown physicians are more apt to implant excessive hardware when involved with PODs. “While the vast majority of doctors operate with the highest ethical standards, those with a vested stake in the medical device distributorships raise a number of concerning questions about the physician’s motivation in prescribing a procedure, as well as the overall cost to the healthcare system,” said Senators Hatch and Wyden.

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About Peter Coffaro 1430 Articles
A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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