$78,722.61 research Payment -- Bayer Healthcare to Dr. Stephanie King
Bayer Healthcare invests over $78,000 in Ophthalmology research for Entresto with Dr. Stephanie King
This page provides a detailed analysis of a $78,722.61 research payment from Bayer Healthcare to Dr. Stephanie King. Data is from the CMS Open Payments (Sunshine Act) database.
Payment Details
| Field | Value |
|---|---|
| Amount | $78,722.61 |
| Payment Type | research |
| Payment Nature | Research |
| Pharmaceutical Company | Bayer Healthcare |
| Physician | Dr. Stephanie King |
| NPI Number | 1746280671 |
| Physician Specialty | Ophthalmology |
| Location | City, MO |
| Date of Payment | 2024-07-03 |
| Related Drug/Device | Entresto |
| 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.
Bayer Healthcare made a $78.7K research payment to Stephanie King, a Ophthalmology specialist in City, MO. The payment was associated with Entresto. Bayer Healthcare paid $78,722.61 to Dr. Stephanie King for research related to Entresto. The payment was made on July 3, 2024, and is categorized under 'Research' payment nature. This payment represents a significant investment in research activities within the Ophthalmology specialty.
Patient Guidance: What This Payment Means for You
This payment is for research purposes and may contribute to the development of new treatments or understanding of existing medications. Always discuss your treatment options with your healthcare provider and ask about alternatives.
Payment Context: Is This Amount Normal?
Research payments can vary widely depending on the scope and duration of the study; this amount is moderate for a research grant in this specialty.
Regulatory Context: Sunshine Act Requirements
Payments for research must be documented and comply with regulations ensuring they are for legitimate research activities and not inducements.
Related Topics
This payment is related to the following healthcare transparency topics:
- research-payment
- pharma-company
- physician-payment
- drug-research
- ophthalmology
- bayer-healthcare
Understanding research Payments
Research payments fund clinical trials, research studies, and investigator-initiated research conducted by physicians. These payments are often the largest category and represent a critical part of the drug development process. Research funding is generally considered the most legitimate form of pharmaceutical payment, though potential conflicts of interest can still arise when researchers have financial relationships with the companies whose products they study.
Frequently Asked Questions About This Payment
What was this $78.7K payment for?
This was a research payment of $78.7K from Bayer Healthcare to Stephanie King, categorized as "Research". It was associated with Entresto. The payment was reported under the Sunshine Act (CMS Open Payments).
Does Stephanie King accept pharmaceutical money?
Yes, Stephanie King received this $78.7K payment from Bayer Healthcare. Under the Sunshine Act, pharmaceutical companies must report all payments to physicians exceeding $10. You can view Stephanie King'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 research payment?
A research payment of $78.7K typically funds clinical studies and is considered standard academic activity. 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 Ophthalmology?
To compare this payment against Ophthalmology averages, check the full specialty breakdown on CMS Open Payments. Payment amounts vary widely by specialty and type. Ophthalmology 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 Stephanie King's relationship with Bayer Healthcare?
The payment amount is substantial, indicating a potentially large-scale research project. This $78.7K research payment is part of the transparency data reported under the Sunshine Act.
Is this payment amount typical for Ophthalmology?
The specific drug 'Entresto' is mentioned, suggesting research focused on its efficacy or development.
What should patients do after learning about this payment?
This payment is for research purposes and may contribute to the development of new treatments or understanding of existing medications.
What else should I know about this research payment?
The payment date is recent, falling within the current reporting period.
Related Reports
Data from CMS Open Payments. Payment does not imply wrongdoing. Consult your healthcare provider about any concerns.