Articles of Interest

How Profiteers Lure Women Into Unneeded Surgery

Doctors For Sale? –

April 14, 2018 –  “The work was lucrative. Doctors stood to make $14,000 a day.” Just like that, she had stumbled into a growing industry that makes money by coaxing women into having surgery — sometimes unnecessarily — so that they are more lucrative plaintiffs in lawsuits against medical device manufacturers. Lawyers building such cases sometimes turn to marketing firms to drum up clients. The marketers turn to finance companies to provide high-interest loans to the clients that have to be repaid only if the clients receive money from the case. Those loans are then used to pay for surgery performed by doctors who are often lined up by the marketers.Interviews with dozens of women, lawyers, finance executives and marketers, as well as a review of court records and confidential documents, indicate that hundreds, perhaps thousands, of women have been sucked into this assembly-line-like system. It is fueled by banks, private equity firms and hedge funds, which provide financial backing … Ms. Plummer’s brush with the industry left her wearing diapers.

Full Story @ NYTimes.com

Leonard Buschel

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Leonard Buschel

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