Banu Mahalingham, MD
Cardiology · Princeton, NJNPI 1417904509
Payments from drug & device makers
What this record shows
Almost everything reported here is food and beverage — 100.0% of the total across 109 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 19.2% — the pattern of someone who eats at a lot of different presentations. Reporting peaked in 2019 at $697 and has fallen 95.5% since, to $31 in 2025. That places this record below the midpoint for cardiology clinicians in NJ, where the typical reported total is $1,485.
Across 109 payments — averaging $14.91 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Amgen$313
- Johnson & Johnson$218
- Kowa Pharmaceuticals America, Inc.$208
- E.r. Squibb & Sons, L.L.C.$141
- Esperion Therapeutics, Inc.$131
- Sanofi-aventis U.S. LLC$97
- plus $518 from 15 others
What the payments were for
- Food & beverage$1,625100%
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 |
|---|---|---|
| Amgen | 21 | $313 |
| Johnson & Johnson | 17 | $218 |
| Kowa Pharmaceuticals America, Inc. | 13 | $208 |
| E.r. Squibb & Sons, L.L.C. | 10 | $141 |
| Esperion Therapeutics, Inc. | 9 | $131 |
| Sanofi-aventis U.S. LLC | 7 | $97 |
| Novartis | 7 | $79 |
| Abbott | 3 | $62 |
| AstraZeneca | 4 | $56 |
| Edwards Lifesciences | 1 | $45 |
| Philips North America LLC | 1 | $45 |
| Boehringer Ingelheim | 3 | $43 |
| Novo Nordisk | 2 | $31 |
| Pfizer | 2 | $27 |
| Merck | 2 | $27 |
| Regeneron Healthcare Solutions, Inc. | 2 | $27 |
| Preventice Services, LLC | 1 | $16 |
| Boston Scientific | 1 | $16 |
| Astellas Pharma US Inc | 1 | $15 |
| Irhythm Technologies, Inc. | 1 | $14 |
| Medtronic | 1 | $14 |
How this compares
$1,625 in reported general payments places this provider in the 50th percentile of 31 cardiology providers in New Jersey.
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 |
|---|---|---|
| EliquisApixaban | 699 | $899,939 |
| XareltoRivaroxaban | 120 | $162,516 |
| Repatha SureclickEvolocumab | 92 | $99,952 |
| EntrestoSacubitril/Valsartan | 54 | $76,250 |
| MultaqDronedarone Hcl | 27 | $59,010 |
| Praluent PenAlirocumab | 54 | $56,918 |
| FarxigaDapagliflozin Propanediol | 23 | $26,553 |
| NexletolBempedoic Acid | 27 | $21,319 |
| VascepaIcosapent Ethyl | 42 | $20,613 |
| LivaloPitavastatin Calcium | 17 | $14,742 |
| Rosuvastatin Calcium | 859 | $14,256 |
| Icosapent Ethyl | 28 | $12,636 |
| Ezetimibe | 308 | $9,956 |
| Pitavastatin Calcium | 14 | $8,842 |
| Atorvastatin Calcium | 760 | $8,543 |
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 |
|---|---|---|
| PfizerEliquis | $27 | $899,939699 claims |
| Johnson & JohnsonXarelto | $218 | $162,516120 claims |
| NovartisEntresto | $79 | $76,25054 claims |
| Sanofi-aventis U.S. LLCMultaq | $97 | $59,01027 claims |
| AstraZenecaFarxiga | $56 | $26,55323 claims |
| Esperion Therapeutics, Inc.Nexletol | $131 | $21,31927 claims |
| Kowa Pharmaceuticals America, Inc.Livalo | $208 | $14,74217 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 50th percentile of 31 cardiology providers in New Jersey.
Other cardiology in Princeton
- Michael SchwarzRutherford$40K
- Beverly DemchukOcean$12K
- Lei XuBrown Hills$10K
- Sarika SharmaRochelle Park$9K
- Vasant Paul KateBrick$7K
- Pragnesh GadhviUnion City$7K
- Ebrahim IssaTeaneck$5K
- Ricardo CalvoEdison$5K
- Marc ColmerNeptune$5K
- Ian MolkEdison$4K
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.