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February 03, 2020
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ASCO: ‘Substantial discordance’ in financial disclosures highlights need for ‘harmonized’ approach

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Clifford A. Hudis, MD, FACP, FASCO
Clifford A. Hudis

ASCO identified significant discordance between company-reported and self-disclosed financial relationships among authors of clinical oncology research studies, according to study results published in Journal of Clinical Oncology.

Perspective from Cole Wayant, DO

The low concordance may be due in part to differences between ASCO disclosure requirements for manuscripts and abstracts and Open Payments reporting requirements for pharmaceutical companies.

“ASCO believes disclosure of relationships with companies is critical to maintaining both professional and public trust and has extensive policies that require authors and presenters to disclose relationships with industry,” Clifford A. Hudis, MD, FACP, FASCO, CEO of ASCO, told Healio. “Today, physicians must disclose to a wide range of publications, meetings and organizations all with differing disclosure requirements and criteria, increasing the likelihood of inaccuracies and inconsistencies.”

Hudis and colleagues sought to identify sources of discrepancies and inform recommendations on ways to improve transparency in financial disclosures by comparing disclosures reported to ASCO with transactions in the Open Payments database. The Open Payments program gathers and publishes data on financial relationships between the health care industry and providers.

The investigators matched financial disclosures reported by 163 authors of studies published in Journal of Clinical Oncology and presenters at the 2018 ASCO Annual Meeting with Open Payments data. Overall, 148 physicians had at least one disclosure to ASCO or transaction in Open Payments, which corresponded to an average of 7.5 disclosures to ASCO vs. 8.6 in Open Payments.

Financial disclosure categories included ownership, research, consulting/services, honoraria, expenses, royalty/patent/intellectual property and other disclosures. Researchers calculated measures of concordance and discordance based on matches on both company and category of disclosure and matches on company.

Results showed overall concordance between disclosures reported to ASCO and Open Payments data of 16% for company and category matching and 24% for matching on the basis of company only.

A mean 37% of disclosures reported to ASCO were not reported to Open Payments, whereas a mean 47% of payments reported to Open Payments were not reported to ASCO.

In addition, 35 authors/presenters disclosed ownership, including stock, to ASCO; however, no payments were categorized as ownership in Open Payments.

“Our paper highlights why we need a single, standard, harmonized approach to disclosure,” Hudis told Healio. “The substantial discordance between disclosures to ASCO and to Open Payments confirms the need for consistent, simpler conflict disclosure systems in medicine.”

More work is needed to facilitate disclosure in accordance with ASCO’s policies, Hudis added.

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“Until then, it is a reminder for everyone in medicine to approach disclosure rigorously,” he said. “Our findings also demonstrate that Open Payments should not be considered a comprehensive database and should not be used as the sole basis for comparison when examining disclosures. We may take on additional research in the future, but ASCO’s focus right now is working with leaders in the medical community to standardize disclosure requirements across the field, to make compliance simpler for authors and decrease the likelihood of unintended errors in disclosure.” – by Jennifer Southall

For more information:

Clifford A. Hudis, MD, FACP, FASCO, can be reached at American Society for Clinical Oncology, 2318 Mill Road, Suite 800, Alexandria, VA 22314.

Disclosures: Hudis reports employment by ASCO and uncompensated relationships with Alliance Foundation and Columbia University External Scientific Advisory Board. Please see the study for all other authors’ relevant financial disclosures.