$10,963.34 consulting Payment -- Teva Pharmaceuticals to Dr. Steven Green
Teva Pharmaceuticals Pays $10,963.34 for Consulting Services to Pain Management Specialist
This page provides a detailed analysis of a $10,963.34 consulting payment from Teva Pharmaceuticals to Dr. Steven Green. Data is from the CMS Open Payments (Sunshine Act) database.
Payment Details
| Field | Value |
|---|---|
| Amount | $10,963.34 |
| Payment Type | consulting |
| Payment Nature | Consulting Fee |
| Pharmaceutical Company | Teva Pharmaceuticals |
| Physician | Dr. Steven Green |
| NPI Number | 1686619162 |
| Physician Specialty | Pain Management |
| Location | City, AZ |
| Date of Payment | 2024-11-06 |
| 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.
Teva Pharmaceuticals made a $11.0K consulting payment to Steven Green, a Pain Management specialist in City, AZ. The payment of $10,963.34 to Dr. Steven Green from Teva Pharmaceuticals in November 2024 was for consulting services. This payment falls under the 'Consulting Fee' category, indicating a service provided by the physician. The physician, Dr. Steven Green, specializes in Pain Management and is located in AZ.
Patient Guidance: What This Payment Means for You
Patients should be aware that their healthcare providers may receive payments from pharmaceutical companies for consulting services, which is publicly disclosed. Always discuss your treatment options with your healthcare provider and ask about alternatives.
Payment Context: Is This Amount Normal?
Consulting fees are a common form of payment in the pharmaceutical industry, particularly for specialists who can offer valuable insights into drug development and market trends.
Regulatory Context: Sunshine Act Requirements
This payment is subject to reporting requirements under the Physician Payments Sunshine Act, part of the Affordable Care Act, which mandates transparency in financial relationships between drug manufacturers and healthcare providers.
Related Topics
This payment is related to the following healthcare transparency topics:
- pharmaceutical-payments
- physician-compensation
- consulting-fees
- pain-management
- teva-pharmaceuticals
- open-payments-data
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 $11.0K payment for?
This was a consulting payment of $11.0K from Teva Pharmaceuticals to Steven Green, categorized as "Consulting Fee". The payment was reported under the Sunshine Act (CMS Open Payments).
Does Steven Green accept pharmaceutical money?
Yes, Steven Green received this $11.0K payment from Teva Pharmaceuticals. Under the Sunshine Act, pharmaceutical companies must report all payments to physicians exceeding $10. You can view Steven Green'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 $11.0K 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 Pain Management?
To compare this payment against Pain Management averages, check the full specialty breakdown on CMS Open Payments. Payment amounts vary widely by specialty and type. Pain Management 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 Steven Green's relationship with Teva Pharmaceuticals?
The payment amount is a specific figure, suggesting a defined scope of work for the consulting services. This $11.0K consulting payment is part of the transparency data reported under the Sunshine Act.
Is this payment amount typical for Pain Management?
The payment type is 'consulting', which is distinct from other payment types like speaker fees or meals.
What should patients do after learning about this payment?
Patients should be aware that their healthcare providers may receive payments from pharmaceutical companies for consulting services, which is publicly disclosed.
What else should I know about this consulting payment?
The date of payment is recent, falling in November 2024.
Related Reports
Data from CMS Open Payments. Payment does not imply wrongdoing. Consult your healthcare provider about any concerns.