$25,795.18 speaking Payment -- Pfizer Inc to Dr. Amy Phillips
Cardiologist Amy Phillips receives substantial payment from Pfizer for speaking services.
This page provides a detailed analysis of a $25,795.18 speaking payment from Pfizer Inc to Dr. Amy Phillips. Data is from the CMS Open Payments (Sunshine Act) database.
Payment Details
| Field | Value |
|---|---|
| Amount | $25,795.18 |
| Payment Type | speaking |
| Payment Nature | Compensation for serving as faculty or as a speaker |
| Pharmaceutical Company | Pfizer Inc |
| Physician | Dr. Amy Phillips |
| NPI Number | 1992927936 |
| Physician Specialty | Cardiology |
| Location | City, MO |
| Date of Payment | 2024-06-06 |
| Conflict Assessment | High -- Significant |
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.
Pfizer Inc made a $25.8K speaking payment to Amy Phillips, a Cardiology specialist in City, MO. Dr. Amy Phillips received $25,795.18 from Pfizer Inc. for speaking engagements in June 2024. The payment was for serving as faculty or a speaker, indicating a role in medical education or promotion. This payment represents a significant amount for a single speaking engagement, potentially influencing prescribing habits.
Patient Guidance: What This Payment Means for You
If your doctor speaks for pharmaceutical companies, understand that this may influence their recommendations. Discuss all treatment options and potential conflicts of interest. Always discuss your treatment options with your healthcare provider and ask about alternatives.
Payment Context: Is This Amount Normal?
Payments to cardiologists for speaking engagements can vary widely, but $25,795.18 for a single event is on the higher end, suggesting a significant role as a key opinion leader.
Regulatory Context: Sunshine Act Requirements
Payments to physicians for speaking engagements are subject to disclosure under the Sunshine Act, intended to promote transparency in the relationships between healthcare providers and the pharmaceutical industry.
Related Topics
This payment is related to the following healthcare transparency topics:
- speaking-fees
- pharmaceutical-payments
- cardiologist
- pfizer-inc
- medical-education
- speaker-compensation
Understanding speaking Payments
Speaking and education payments compensate physicians for presenting at conferences, continuing medical education (CME) events, and promotional speaking engagements. These payments often cover honoraria, preparation time, and travel expenses. Speaking fees are among the highest-value payment categories and have attracted significant attention from researchers studying potential conflicts of interest.
Frequently Asked Questions About This Payment
What was this $25.8K payment for?
This was a speaking payment of $25.8K from Pfizer Inc to Amy Phillips, categorized as "Compensation for serving as faculty or as a speaker". The payment was reported under the Sunshine Act (CMS Open Payments).
Does Amy Phillips accept pharmaceutical money?
Yes, Amy Phillips received this $25.8K payment from Pfizer Inc. Under the Sunshine Act, pharmaceutical companies must report all payments to physicians exceeding $10. You can view Amy Phillips'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 speaking payment?
A speaking payment of $25.8K should be evaluated in context. 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 Cardiology?
To compare this payment against Cardiology averages, check the full specialty breakdown on CMS Open Payments. Payment amounts vary widely by specialty and type. Cardiology 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 Amy Phillips's relationship with Pfizer Inc?
The payment amount is substantial, exceeding typical per-event speaker fees. This $25.8K speaking payment is part of the transparency data reported under the Sunshine Act.
Is this payment amount typical for Cardiology?
Pfizer Inc. is a major pharmaceutical company with a wide range of cardiovascular drugs.
What should patients do after learning about this payment?
If your doctor speaks for pharmaceutical companies, understand that this may influence their recommendations. Discuss all treatment options and potential conflicts of interest.
What else should I know about this speaking payment?
The payment was made on June 6, 2024, indicating recent engagement.
Related Reports
Data from CMS Open Payments. Payment does not imply wrongdoing. Consult your healthcare provider about any concerns.