RxDoctor Payments Data

Jason Schultz, MD

Interventional Cardiology · Duluth, MNNPI 1235331604

Payments from drug & device makers

What this record shows

The money is spread across several categories — food and beverage (58.3%), travel and lodging and education — rather than concentrated in one kind of arrangement. Medtronic accounts for 74.9% of it on its own, with 5 other manufacturers making up the rest. Reporting peaked in 2019 at $2,630 and has fallen 99.1% since, to $25 in 2024. That places this record below the midpoint for interventional cardiology clinicians in MN, where the typical reported total is $5,396.

$3,282in general payments, 2019–2025

Across 47 payments — averaging $69.83 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.

  • Medtronic$2K
  • Edwards Lifesciences$308
  • Abbott$288
  • Boston Scientific$167
  • Chiesi USA, Inc.$48
  • Regeneron Healthcare Solutions, Inc.$12
$44,608in research payments, 2019–2025

Across 45 payments — averaging $991.28 each. Payments tied to a research study. These frequently flow through the physician to a hospital or research institution rather than to the physician personally.

  • Daiichi Sankyo Inc.$24K
  • Novartis$21K

What the payments were for

  • Travel & lodging$1,30940%
  • Food & beverage$1,91258%
  • Education$602%

Most of this is food and beverage — typically meals provided during product presentations at a clinic or hospital. Nationally that is the single largest category of reported payments by count.

General payments by program year

19
20
21
23
24

Who reported the general payments

Companies are grouped under their corporate parent — a single manufacturer often files under several CMS reporting entities. Research and ownership payments are counted separately and are not in this table.

What the payments were tied to

Products named in the reported payments. Only payments of $100 or more are attributed here — the typical reported payment nationally is a meal worth about $16, and listing those product-by-product would be noise.

How this compares

$3,282 in reported general payments places this provider in the 35th percentile of 84 interventional cardiology providers in Minnesota.

See all interventional cardiology providers in Minnesota

Medicare billing

Part B allowed, 2024
$45,905
Medicare patients
407
Services billed
582

What this is not: this is the amount Original Medicare Part B allowed for services this provider billed in 2024. It is not their income. It excludes Medicare Advantage — now more than half of all Medicare enrollment — along with Medicaid and all commercial insurance, and it is gross practice revenue before staff, rent, supplies and malpractice premiums. CMS also suppresses any figure covering ten or fewer patients, so low-volume providers appear smaller than they are.

Most prescribed under Part D

DrugClaimsCost to plans & patients
EliquisApixaban76$66,255
XareltoRivaroxaban43$52,779
JardianceEmpagliflozin13$8,254
Repatha SyringeEvolocumab11$6,430
Ezetimibe57$1,744
Atorvastatin Calcium75$1,392
Torsemide18$1,289
Metoprolol Succinate61$1,148
ClopidogrelClopidogrel Bisulfate74$931
Isosorbide Mononitrate ErIsosorbide Mononitrate27$676
Rosuvastatin Calcium40$506
Diltiazem 24hr Er (Cd)Diltiazem Hcl11$338
Amlodipine Besylate31$328
Lisinopril27$317
Furosemide59$293

Paid to pharmacies, not to this prescriber.

Other interventional cardiology in Duluth

See the full list for Minnesota

Where these figures come from

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