Pfizer changes its CME funding
Pharma Compliance Alert, July 9, 2008
Pfizer will no longer provide funding for physician continuing medical education provided by medical education and communication companies, according to a company release.
Pfizer will continue to support CME programs at leading academic medical centers and teaching hospitals. It will also fund programs sponsored by associations, medical societies, and community hospitals.
The new policy reflects Pfizer’s goals of supporting quality patient care and improved healthcare outcomes and meeting the highest standards for medical education, according to the release. Pfizer will continue to report all of its CME grants on its Web site.
To qualify for support from Pfizer, CME programs must:
- Eliminate all new direct funding commitments for CME programs by medical education and communication companies
- Initiate a competitive grant review period for grant applicants to encourage more innovative, high-quality grant applications
- Support the medical community’s call for balanced funding in CME by establishing financial caps on grant support
- Require all major grant applicants to meet criteria equivalent to ACCME’s highest level of accreditation
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