Robert Olson, MD
Psychiatry · Mankato, MNNPI 1356320279
Payments from drug & device makers
What this record shows
Almost everything reported here is food and beverage — 97.0% of the total across 61 separate payments, which is the pattern of a clinician who attends manufacturer presentations rather than one with a consulting arrangement. It is spread thinly across 21 manufacturers, the largest accounting for just 15.1% — the pattern of someone who eats at a lot of different presentations. Among psychiatry clinicians in MN with any reported payments, this total sits in the top 10% — high for the specialty, which is a reason to read the composition above rather than the number alone.
Across 61 payments — averaging $17.50 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Supernus Pharmaceuticals, Inc.$161
- Teva Pharmaceuticals USA, Inc.$101
- Neuronetics, Inc.$94
- Harmony Biosciences LLC$88
- Corium, LLC$82
- Alkermes, Inc.$67
- plus $474 from 15 others
What the payments were for
- Food & beverage$1,03697%
- Education$323%
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
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.
| Company | Payments | Total |
|---|---|---|
| Supernus Pharmaceuticals, Inc. | 8 | $161 |
| Teva Pharmaceuticals USA, Inc. | 3 | $101 |
| Neuronetics, Inc. | 3 | $94 |
| Harmony Biosciences LLC | 3 | $88 |
| Corium, LLC | 8 | $82 |
| Alkermes, Inc. | 5 | $67 |
| Acadia Pharmaceuticals Inc | 4 | $64 |
| AbbVie(2 entities) | 3 | $62 |
| Ironshore Pharmaceuticals Inc. | 4 | $60 |
| Vanda Pharmaceuticals Inc. | 3 | $51 |
| Indivior Inc. | 2 | $39 |
| Tris Pharma Inc | 2 | $31 |
| Eisai Inc. | 2 | $30 |
| Sunovion Pharmaceuticals Inc. | 3 | $27 |
| Lundbeck LLC | 2 | $26 |
| Takeda Pharmaceuticals U.S.A., Inc. | 1 | $16 |
| Soleno Therapeutics, Inc. | 1 | $15 |
| Novo Nordisk | 1 | $15 |
| Almatica Pharma LLC | 1 | $15 |
| Johnson & Johnson | 1 | $13 |
| ITI, Inc. (d/b/a Intra-cellular Therapies, Inc.) | 1 | $12 |
How this compares
$1,067 in reported general payments places this provider in the 90th percentile of 552 psychiatry providers in Minnesota.
Medicare billing
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
| Drug | Claims | Cost to plans & patients |
|---|---|---|
| Austedo XrDeutetrabenazine | 125 | $757,560 |
| AustedoDeutetrabenazine | 38 | $381,626 |
| RexultiBrexpiprazole | 156 | $202,364 |
| WakixPitolisant Hcl | 12 | $194,152 |
| VraylarCariprazine Hcl | 108 | $169,692 |
| IngrezzaValbenazine Tosylate | 20 | $156,766 |
| TrintellixVortioxetine Hydrobromide | 76 | $62,114 |
| SpravatoEsketamine Hcl | 36 | $58,573 |
| NuplazidPimavanserin Tartrate | 11 | $57,920 |
| Invega SustennaPaliperidone Palmitate | 16 | $50,641 |
| CaplytaLumateperone Tosylate | 31 | $49,613 |
| NuedextaDextromethorphan Hbr/Quinidine | 38 | $49,412 |
| Lurasidone Hcl | 117 | $48,271 |
| VyvanseLisdexamfetamine Dimesylate | 79 | $32,329 |
| AuvelityDextromethorphan Hbr/Bupropion | 27 | $23,729 |
Paid to pharmacies, not to this prescriber.
Companies that both paid and supply prescribed drugs
These companies both reported payments to this provider and make drugs the provider prescribed under Medicare Part D in 2024. For most specialties this overlap is expected — a cardiologist who is paid by a cardiology drugmaker also treats heart disease. It is shown so the reader can see it, not because it implies anything on its own.
| Company | Paid to this provider | Part D cost of their drugs |
|---|---|---|
| Teva Pharmaceuticals USA, Inc.Austedo Xr, Austedo | $101 | $1,139,187163 claims |
| Harmony Biosciences LLCWakix | $88 | $194,15212 claims |
| AbbVieVraylar, Namzaric | $62 | $185,002140 claims |
| Johnson & JohnsonSpravato, Invega Sustenna, Risperdal, Concerta | $13 | $130,31786 claims |
| Takeda Pharmaceuticals U.S.A., Inc.Trintellix, Vyvanse | $16 | $94,443155 claims |
| Acadia Pharmaceuticals IncNuplazid | $64 | $57,92011 claims |
| ITI, Inc. (d/b/a Intra-cellular Therapies, Inc.)Caplyta | $12 | $49,61331 claims |
| Alkermes, Inc.Lybalvi | $67 | $20,20512 claims |
| Eisai Inc.Dayvigo | $30 | $6,30619 claims |
Reading this fairly. The Part D column is what drug plans and patients paid pharmacies — this provider received none of it, and it reflects how many patients they treat and what those drugs cost. Against peers, this provider's reported payments sit in the 90th percentile of 552 psychiatry providers in Minnesota.
Other psychiatry in Mankato
- Michael FarnsworthMankato$548K
- Danielle Magness-WellmannMankato$232K
- Edward SathoffMankato$1K
- Veronica RadiganMankato$496
- Michael MoellerMankato$483
- Sujit VarmaEdina$581K
- Craig VineSt Paul$136K
- Thomas WinegardenChanhassen$55K
- John LuehrMinnetonka$41K
- Walter RushSaint Paul$41K
Where these figures come from
- Payments: CMS Open Payments, program years 2019–2025 (publication P06302026_06032026).
- Billing: Medicare Physician & Other Practitioners, data year 2024. Original Medicare Part B only.
- Identity: NPPES NPI Registry, July 2026.