Boston Scientific

Big 100 rank: 14
2018 revenue: $9,823,000,000
2018 general payments: $82.2 million (0.8%)

Boston Scientific made $70.9 million in general payments to 39,116 physicians in 2018.

• Current or prospective ownershipCurrent or prospective ownership or investment interestCurrent or prospective ownership or investment interest payments go toward ownership or investment interests that are currently held by physicians and teaching hospitals, according to CMS. It also goes toward interests and investments that physicians and teaching hospitals haven't exercised yet. or investment interest: $39.5 million (55.7%)
• Compensation for services other than consultingCompensation for services other than consultingThese are payments made to physicians for speaking, training or education engagements that are not for continuing education, according to CMS. , including serving as faculty or as a speaker at a venue other than a continuing education program: $10.8 million (15.2%)
• Food and beverageFood and beverageFood and beverage costs are associated with food and drinks provided during an open house for a new distributor center. Reporting is not necessary when meals and snacks are made available to all conference attendees. The exemption doesn't apply to meals provided to select attendees at conferences. : $5.4 million (7.6%)
• Travel and lodgingTravel and lodgingTravel and lodging expenses are reported for things like interviewing prospective employees, according to CMS.: $5.3 million (7.5%)
• Royalty or licenseRoyalty or licenseRoyalty or other payment that is based on the sales of products that use physician intellectual property, according to CMS. : $4 million (5.6%)
• GrantGrantGrant payments go toward physicians or teaching hospitals in support of a specific cause or activity, according to CMS. : $3 million (4.2%)
• Consulting feeConsulting feePayments are made to physicians for advice and expertise on medical products/treatment, according to CMS Open Payments data. It is typically provided under a written agreement in response to a business need. The amount of money in the payment varies depending on a physician's expertise.: $2.9 million (4.1%)
• EducationEducationEducation includes payments or transfers of value for classes, activities, programs and events that involve reporting/acquiring of particular knowledge and skills, according to CMS. Payments can include things like textbooks and medical journal articles. : $25,700 (0%)

The company also made $11.3 million in general payments to 146 teaching hospitals in the U.S. last year.

• GrantGrantGrant payments go toward physicians or teaching hospitals in support of a specific cause or activity, according to CMS. : $6 million (53.1%)
• Current or prospective ownershipCurrent or prospective ownership or investment interestCurrent or prospective ownership or investment interest payments go toward ownership or investment interests that are currently held by physicians and teaching hospitals, according to CMS. It also goes toward interests and investments that physicians and teaching hospitals haven't exercised yet. or investment interest: $2.6 million (23%)
• Consulting feeConsulting feePayments are made to physicians for advice and expertise on medical products/treatment, according to CMS Open Payments data. It is typically provided under a written agreement in response to a business need. The amount of money in the payment varies depending on a physician's expertise.: $2.1 million (18.5%)
• Space rental or facility feesSpace rental or facility feeThese payments are fees for renting space or facilities in a teaching hospital, according to CMS.: $363,900 (3.2%)
• Compensation for services other than consultingCompensation for services other than consultingThese are payments made to physicians for speaking, training or education engagements that are not for continuing education, according to CMS. , including serving as faculty or as a speaker at a venue other than a continuing education program: $155,400 (1.4%)
• Charitable contributionCharitable contributionA charitable contribution is a payment or transfer of value made to an organization with tax-exempt status under the Internal revenue Code of 1986. The category is only used if it is not more specifically described by other nature or payment categories, according to CMS.: $57,200 (0.5%)
• Royalty or licenseRoyalty or licenseRoyalty or other payment that is based on the sales of products that use physician intellectual property, according to CMS. : $35,000 (0.3)
• Food and beverageFood and beverageFood and beverage costs are associated with food and drinks provided during an open house for a new distributor center. Reporting is not necessary when meals and snacks are made available to all conference attendees. The exemption doesn't apply to meals provided to select attendees at conferences. : $367 (0%)
• Travel and lodgingTravel and lodgingTravel and lodging expenses are reported for things like interviewing prospective employees, according to CMS.: $247 (0%)

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