Examining the distribution of industry payments made to medical doctors

The Center for Medical and Medicaid Services (CMS) new Open Payments database shows the consulting fees, research grants, travel and other reimbursements made to medical industry in 2013

There are 2,619,700 payments in the CMS data made to 356,190 physicians.   The average payment made to physicians was $255.22.   The median payment was $15.52

Table 1: Summary of Payments – STATA  output

table1

 

The physicians received an average total  of $1,877.11 in payments.  The median total payment for the 356,190 physicians in the data was $94.15

Table 2: Summary of Payments – STATA  output

tabl2

 

Below is the STATA code for the results:
count gen
bysort phy: gen hj =_n
bysort physician_p: gen hj =_n
sum hj, det
count if hj==1
sum tot, det
bysort physician_p: egen hj2 = tot(total)
bysort physician_p: egen hj2 = total(total_am)
sum hj2
sum hj2, det
sort physcian_p
sort physician_p
sum hj2 if _n==1, det
sum hj, det
sum hj2 if hj==1, det

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Dwight Steward, Ph.D.

Dr. Steward regularly writes and speaks on topics involving business and individual economic damages, employment audits, and the analysis of payroll and time data in wage and hour investigations. Dr. Steward has also held teaching positions at The University of Texas-Austin in the Department of Economics and in the Red McCombs School of Business, The College of Business at Sam Houston State University, and at The University of Iowa. He has taught numerous courses in statistics, corporate finance, labor economics, business policies, managerial economics, and microeconomics.