Faisal Syed, MD
Clinical Cardiac Electrophysiology · Sanford, NCNPI 1962631499
Payments from drug & device makers
What this record shows
The money is spread across several categories — consulting fees (33.4%), food and beverage and travel and lodging — rather than concentrated in one kind of arrangement. 14 manufacturers reported payments, led by Medtronic at 39.3% of the total. Reporting peaked in 2019 at $14,162 and has fallen 77.1% since, to $3,246 in 2025.
Across 248 payments — averaging $192.23 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Medtronic$19K
- ZOLL Services LLC (a/k/a ZOLL Lifecor Corp)$9K
- Boston Scientific$8K
- Biosense Webster, Inc.$4K
- Impulse Dynamics (USA) Inc.$3K
- Biotronik Inc.$2K
- plus $3K from 8 others
Across 17 payments — averaging $4109.65 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.
- Boston Scientific$69K
- Impulse Dynamics (USA) Inc.$448
What the payments were for
- Consulting fees$15,90033%
- Speaking & faculty fees$8,75018%
- Travel & lodging$10,77323%
- Food & beverage$12,06225%
- Education$1880%
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 |
|---|---|---|
| Medtronic(2 entities) | 102 | $18,742 |
| ZOLL Services LLC (a/k/a ZOLL Lifecor Corp) | 16 | $9,453 |
| Boston Scientific | 58 | $7,999 |
| Biosense Webster, Inc. | 17 | $3,819 |
| Impulse Dynamics (USA) Inc. | 6 | $3,138 |
| Biotronik Inc. | 21 | $1,720 |
| Abbott | 11 | $1,003 |
| Atricure, Inc. | 4 | $512 |
| Cordis US CORP. | 6 | $431 |
| Cvrx, Inc. | 2 | $327 |
| Volta Medical Inc | 2 | $317 |
| Mallinckrodt Hospital Products Inc. | 1 | $124 |
| Philips North America LLC | 1 | $74 |
| Terumo Medical Corporation | 1 | $15 |
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.
- LifeVest$9,068
- Arctic Front$3,151
- Carto 3 System$2,700
- Carto Smarttouch$2,700
- Carto CFAE$2,700
- CartoSound$2,700
- OPTIMIZER SMART SYSTEM$2,700
- GENERAL - THERAPIES$2,146
- RHYTHMIA$1,748
- EVERA MRI XT DR SURESCAN$894
- Carto 3$703
- OPTIMIZER$609
- BioMonitor$491
- Barostim Neo System$327
- EPI-SENSE GUIDED COAGULATION SYSTEM WITH VISITRAX$321
- VX1$317
- CardioInsight$311
- Micra$296
- WATCHMAN Access System$284
- Acticor 7 VR-T DX$257
How this compares
$47,673 in reported general payments places this provider in the 70th percentile of 98 clinical cardiac electrophysiology providers in North Carolina.
See all clinical cardiac electrophysiology providers in North Carolina →
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 | 131 | $117,954 |
| XareltoRivaroxaban | 15 | $23,754 |
| MultaqDronedarone Hcl | 14 | $18,306 |
| Metoprolol Succinate | 86 | $1,392 |
| Mexiletine Hcl | 22 | $1,189 |
| Diltiazem 24hr Er (Cd)Diltiazem Hcl | 53 | $532 |
| SotalolSotalol Hcl | 26 | $483 |
| Amiodarone Hcl | 38 | $357 |
| Colchicine | 13 | $261 |
| Spironolactone | 21 | $194 |
| Atorvastatin Calcium | 21 | $140 |
| Lisinopril | 11 | $138 |
| Pantoprazole Sodium | 18 | $131 |
| Metoprolol Tartrate | 22 | $108 |
| Levothyroxine Sodium | 11 | $104 |
Paid to pharmacies, not to this prescriber.
Other clinical cardiac electrophysiology in Sanford
- Michael ManogueAsheville$230K
- Daniel FriedmanDurham$196K
- James AllredGreensboro$184K
- John RhynerAsheville$168K
- Gregory HarrisGreenville$164K
- John CatanzaroGreenville$159K
- Kevin ManochaRaleigh$146K
- Albert SunDurham$138K
- Manish JainConcord$127K
- Sameh MobarekCary$120K
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.