$16,342.05 consulting Payment -- Bristol-Myers Squibb to Dr. Joseph Carter

Payment Details

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.

Bristol-Myers Squibb made a $16.3K consulting payment to Joseph Carter, a Rheumatology specialist in City, SC. The payment was associated with Eylea. Joseph Carter received a $16,342.05 consulting fee from Bristol-Myers Squibb on February 19, 2025. The payment was related to consulting services, specifically for the drug Eylea. This payment falls under the 'consulting' category, indicating a service-based engagement.

Patient Guidance: What This Payment Means for You

This payment represents a consulting fee paid to a healthcare provider for their expertise, potentially related to the drug Eylea. Always discuss your treatment options with your healthcare provider and ask about alternatives.

Payment Context: Is This Amount Normal?

Consulting fees can vary widely depending on the scope of work, but this amount for a single engagement may be higher than typical for some consulting arrangements in Rheumatology.

Regulatory Context: Sunshine Act Requirements

Payments to physicians for consulting services are reportable under the Sunshine Act, requiring disclosure of the nature of the payment and the amount.

Related Topics

This payment is related to the following healthcare transparency topics:

• consulting-fee
• bristol-myers-squibb
• joseph-carter
• eylea
• rheumatology
• payment-analysis

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 $16.3K payment for?

This was a consulting payment of $16.3K from Bristol-Myers Squibb to Joseph Carter, categorized as "Consulting Fee". It was associated with Eylea. The payment was reported under the Sunshine Act (CMS Open Payments).

Does Joseph Carter accept pharmaceutical money?

Yes, Joseph Carter received this $16.3K payment from Bristol-Myers Squibb. Under the Sunshine Act, pharmaceutical companies must report all payments to physicians exceeding $10. You can view Joseph Carter'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 $16.3K 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 Rheumatology?

To compare this payment against Rheumatology averages, check the full specialty breakdown on CMS Open Payments. Payment amounts vary widely by specialty and type. Rheumatology 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 Joseph Carter's relationship with Bristol-Myers Squibb?

The payment amount is substantial for a single consulting engagement. This $16.3K consulting payment is part of the transparency data reported under the Sunshine Act.

Is this payment amount typical for Rheumatology?

The specific drug mentioned, Eylea, is a biologic treatment often used for inflammatory conditions.

What should patients do after learning about this payment?

This payment represents a consulting fee paid to a healthcare provider for their expertise, potentially related to the drug Eylea.

What else should I know about this consulting payment?

The payment date is in the future, suggesting it might be a pre-scheduled or anticipated payment.

Related Reports

• View Dr. Joseph Carter's full payment report
• Bristol-Myers Squibb full spending report
• Browse all Rheumatology payments
• Browse all payments in South Carolina
• Search for other payments