$18,993.21 consulting Payment -- Vertex Pharmaceuticals to Dr. Andrew Young
Vertex Pharmaceuticals pays Genetics specialist $18,993 for consulting services
This page provides a detailed analysis of a $18,993.21 consulting payment from Vertex Pharmaceuticals to Dr. Andrew Young. Data is from the CMS Open Payments (Sunshine Act) database.
Payment Details
| Field | Value |
|---|---|
| Amount | $18,993.21 |
| Payment Type | consulting |
| Payment Nature | Consulting Fee |
| Pharmaceutical Company | Vertex Pharmaceuticals |
| Physician | Dr. Andrew Young |
| NPI Number | 1382815477 |
| Physician Specialty | Genetics |
| Location | Philadelphia, PA |
| Date of Payment | 2025-01-13 |
| Conflict Assessment | Moderate -- Worth Noting |
AI-Powered Analysis of This Payment
The following analysis was generated by artificial intelligence to help patients understand the context, significance, and implications of this pharmaceutical payment. This analysis is not medical or legal advice.
Vertex Pharmaceuticals made a $19.0K consulting payment to Andrew Young, a Genetics specialist in Philadelphia, PA. Vertex Pharmaceuticals paid Dr. Andrew Young $18,993.21 for consulting services on January 13, 2025. The payment was categorized as a 'Consulting Fee' under the 'consulting' payment type. This payment was made to a physician specializing in Genetics in Philadelphia, PA.
Patient Guidance: What This Payment Means for You
This information details payments made to healthcare providers by pharmaceutical companies. It is important to understand how these relationships might influence medical advice. Always discuss your treatment options with your healthcare provider and ask about alternatives.
Payment Context: Is This Amount Normal?
Consulting fees can vary widely by specialty and the nature of the services provided; this amount should be compared to industry benchmarks for Genetics consultants.
Regulatory Context: Sunshine Act Requirements
This payment is reported under the Sunshine Act, requiring disclosure of financial relationships between drug manufacturers and healthcare providers.
Related Topics
This payment is related to the following healthcare transparency topics:
- pharma-payments
- consulting-fees
- physician-compensation
- open-payments-data
- vertex-pharmaceuticals
- genetics-specialty
Understanding consulting Payments
Consulting payments are made when pharmaceutical companies hire physicians as advisors or consultants. This can include serving on advisory boards, providing expert medical opinions on drug development or marketing strategies, and reviewing clinical data. Consulting is one of the most common forms of pharmaceutical payment to physicians and can range from a few hundred dollars for a brief consultation to tens of thousands of dollars for ongoing advisory relationships.
Frequently Asked Questions About This Payment
What was this $19.0K payment for?
This was a consulting payment of $19.0K from Vertex Pharmaceuticals to Andrew Young, categorized as "Consulting Fee". The payment was reported under the Sunshine Act (CMS Open Payments).
Does Andrew Young accept pharmaceutical money?
Yes, Andrew Young received this $19.0K payment from Vertex Pharmaceuticals. Under the Sunshine Act, pharmaceutical companies must report all payments to physicians exceeding $10. You can view Andrew Young's full payment history on the CMS Open Payments database or on this site.
Is it legal for doctors to accept pharma payments?
Yes, it is legal for physicians to receive payments from pharmaceutical companies. The Physician Payments Sunshine Act (2010) requires transparency by mandating that companies report all payments exceeding $10 to CMS. These payments include consulting fees, meals, travel, speaking fees, and research grants. The law does not prohibit payments but ensures public disclosure.
Should I be concerned about this consulting payment?
A consulting payment of $19.0K may reflect legitimate advisory services the physician provides. Payment does not imply wrongdoing, but patients have the right to ask their doctor about pharmaceutical relationships.
How do I talk to my doctor about pharma relationships?
You can ask your doctor directly: "Do you receive payments from pharmaceutical companies?" and "Does this affect which medications you prescribe?" Most doctors will answer honestly. You can also verify payment data yourself through CMS Open Payments (openpaymentsdata.cms.gov). Consider asking about generic alternatives and whether the prescribed medication is the best option regardless of manufacturer relationships.
What types of pharma payments are most concerning?
Ownership interests and large consulting/speaking fees are generally considered more significant than meals or small educational grants. Research payments typically fund clinical studies and are common in academic medicine. The total volume and concentration of payments from a single company may be more telling than any individual payment. Patterns matter more than individual transactions.
Does pharma money affect what my doctor prescribes?
Research shows that even small payments can influence prescribing behavior. Studies published in JAMA Internal Medicine found that physicians who received meals costing as little as $20 were more likely to prescribe the promoted brand-name drug. However, many physician-industry interactions are legitimate professional activities. The key is transparency and awareness.
How does this compare to other doctors in Genetics?
To compare this payment against Genetics averages, check the full specialty breakdown on CMS Open Payments. Payment amounts vary widely by specialty and type. Genetics physicians may receive payments for consulting, speaking, or research that are standard for the field. Individual payments should be evaluated in the context of the doctor's full payment history.
What does this payment reveal about Andrew Young's relationship with Vertex Pharmaceuticals?
The payment amount is substantial for a single consulting engagement. This $19.0K consulting payment is part of the transparency data reported under the Sunshine Act.
Is this payment amount typical for Genetics?
The payment date is in the future, suggesting a planned or ongoing arrangement.
What should patients do after learning about this payment?
This information details payments made to healthcare providers by pharmaceutical companies. It is important to understand how these relationships might influence medical advice.
What else should I know about this consulting payment?
The specific nature of the consulting is not detailed beyond 'Consulting Fee'.
Related Reports
Data from CMS Open Payments. Payment does not imply wrongdoing. Consult your healthcare provider about any concerns.