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Faraz Kerendi, MD

Thoracic Surgery (Cardiothoracic Vascular Surgery) · Austin, TXNPI 1376727842

Payments from drug & device makers

What this record shows

This record is dominated by consulting fees: $715,664 of the $906,136 with a category attached, or 79.0%. 33 manufacturers reported payments, led by Atricure, Inc. at 59.3% of the total. Reporting peaked in 2023 at $190,455 and has fallen 62.3% since, to $71,783 in 2025. Among thoracic surgery (cardiothoracic vascular surgery) clinicians in TX with any reported payments, this total sits in the top 5% — high for the specialty, which is a reason to read the composition above rather than the number alone.

$906,136in general payments, 2019–2025

Across 1,199 payments — averaging $755.74 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.

  • Atricure, Inc.$537K
  • Abbott$152K
  • Medical Device Business Services, Inc.$119K
  • Johnson & Johnson$60K
  • Medtronic$26K
  • Edwards Lifesciences$4K
  • plus $8K from 27 others
$703,544in research payments, 2019–2025

Across 151 payments — averaging $4659.23 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.

  • Medtronic$308K
  • Abbott$291K
  • Edwards Lifesciences$70K
  • Atricure, Inc.$34K

What the payments were for

  • Consulting fees$715,66479%
  • Speaking & faculty fees$5,0001%
  • Travel & lodging$149,95817%
  • Food & beverage$35,4584%
  • Education$560%

General payments by program year

19
20
21
22
23
24
25

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.

CompanyPaymentsTotal
Atricure, Inc.604$537,055
Abbott199$152,230
Medical Device Business Services, Inc.92$119,164
Johnson & Johnson(2 entities)50$59,750
Medtronic(2 entities)158$26,126
Edwards Lifesciences20$3,750
Livanova USA, Inc.9$1,949
Elutia, Inc.8$890
Bolton Medical Inc5$544
Ancora Heart, Inc.1$528
Boston Scientific6$405
Getinge USA Sales, LLC10$366
Intuitive Surgical2$298
Penumbra, Inc.2$291
Abiomed4$276
Cardiva Medical, Inc.2$270
Corcym Inc2$218
Artivion, Inc.1$201
LSI Solutions Inc3$193
Cook Medical LLC3$191
Smith+Nephew2$173
Core Surgical Group1$168
Stryker1$167
BD3$154
Shockwave Medical, Inc2$143
Angiodynamics, Inc.1$135
Medinc Of Texas1$133
Bard Peripheral Vascular, Inc.1$105
KCI USA, Inc.1$81
W. L. Gore & Associates, Inc.1$72
Silk Road Medical, Inc.1$49
Octapharma USA, Inc.2$40
Opsens Inc.1$19

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.

How this compares

$906,136 in reported general payments places this provider in the 95th percentile of 424 thoracic surgery (cardiothoracic vascular surgery) providers in Texas.

See all thoracic surgery (cardiothoracic vascular surgery) providers in Texas →

Medicare billing

Part B allowed, 2024
$336,022
Medicare patients
238
Services billed
596

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.

Other thoracic surgery (cardiothoracic vascular surgery) in Austin

See the full list for Texas →

Where these figures come from

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