Terry Hagan, MD
Psychiatry · Louisville, KYNPI 1689663718
Payments from drug & device makers
What this record shows
This record is dominated by food and beverage: $4,949 of the $7,630 with a category attached, or 64.9%. 25 manufacturers reported payments, led by Brainsway USA Inc at 56.8% of the total. Reporting peaked in 2024 at $3,279 and has fallen 75.9% since, to $790 in 2025. Among psychiatry clinicians in KY 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 132 payments — averaging $57.80 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Brainsway USA Inc$4K
- Neuronetics, Inc.$967
- AbbVie$496
- Lundbeck LLC$304
- ITI, Inc. (d/b/a Intra-cellular Therapies, Inc.)$264
- Vanda Pharmaceuticals Inc.$173
- plus $1K from 19 others
What the payments were for
- Speaking & faculty fees$1,90125%
- Food & beverage$4,94965%
- Other$78010%
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.
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.
- Brainsway Deep TMS System$2,145
- Brainsway Deep TMS$1,901
- NEUROSTAR TMS THERAPY SYSTEM$780
- VRAYLAR$117
How this compares
$7,630 in reported general payments places this provider in the 90th percentile of 348 psychiatry providers in Kentucky.
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 |
|---|---|---|
| RexultiBrexpiprazole | 12 | $16,908 |
| VyvanseLisdexamfetamine Dimesylate | 30 | $11,167 |
| Dextroamphetamine-AmphetamineDextroamphetamine/Amphetamine | 143 | $4,014 |
| Dextroamphetamine Sulfate ErDextroamphetamine Sulfate | 18 | $3,368 |
| Venlafaxine Hcl ErVenlafaxine Hcl | 85 | $3,047 |
| Aripiprazole | 60 | $2,691 |
| Desvenlafaxine Succinate ErDesvenlafaxine Succinate | 29 | $2,431 |
| Bupropion XlBupropion Hcl | 134 | $1,804 |
| Alprazolam | 233 | $1,507 |
| Duloxetine Hcl | 93 | $1,506 |
| Gabapentin | 129 | $1,371 |
| Methylphenidate Hcl | 45 | $1,360 |
| Hydroxyzine Hcl | 39 | $1,314 |
| Quetiapine Fumarate | 90 | $1,311 |
| Escitalopram Oxalate | 120 | $1,030 |
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 |
|---|---|---|
| Otsuka America Pharmaceutical, Inc.Rexulti | $152 | $16,90812 claims |
| Takeda Pharmaceuticals U.S.A., Inc.Vyvanse | $87 | $11,16730 claims |
| Almatica Pharma LLCSertraline Hcl | $59 | $40639 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 348 psychiatry providers in Kentucky.
Other psychiatry in Louisville
- Rifaat El-MallakhLouisville$1.6M
- Robert StewartLouisville$651K
- Ali FarooquiLouisville$393K
- Stephanie HallLouisville$106K
- Kelly ClarkLouisville$14K
- Michael HarrisLouisville$13K
- Yelena VaninaLouisville$12K
- Mohamed KhodeirLouisville$9K
- Kevin BaysLouisville$9K
- Ronald McGavicLouisville$7K
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.