Fazal Panezai, MD
Cardiology · Matawan, NJNPI 1710069760
Payments from drug & device makers
What this record shows
Almost everything reported here is food and beverage — 99.6% of the total across 165 separate payments, which is the pattern of a clinician who attends manufacturer presentations rather than one with a consulting arrangement. 19 manufacturers reported payments, led by Johnson & Johnson at 25.6% of the total. Reporting peaked in 2020 at $527 and has fallen 97.4% since, to $14 in 2023.
Across 165 payments — averaging $10.27 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Johnson & Johnson$433
- GSK$347
- AbbVie$212
- Pfizer$205
- Supernus Pharmaceuticals, Inc.$133
- Boehringer Ingelheim$67
- plus $298 from 13 others
What the payments were for
- Food & beverage$1,688100%
- Education$60%
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 |
|---|---|---|
| Johnson & Johnson | 57 | $433 |
| GSK | 29 | $347 |
| AbbVie | 23 | $212 |
| Pfizer | 18 | $205 |
| Supernus Pharmaceuticals, Inc. | 10 | $133 |
| Boehringer Ingelheim | 5 | $67 |
| AstraZeneca | 4 | $52 |
| Takeda Pharmaceuticals U.S.A., Inc. | 4 | $42 |
| Amgen(2 entities) | 3 | $38 |
| Novo Nordisk | 2 | $28 |
| Novartis | 2 | $27 |
| Biohaven Pharmaceutical Holding Company Ltd. | 1 | $15 |
| Antares Pharma, Inc. | 1 | $15 |
| Lifescan, Inc. | 1 | $14 |
| Acadia Pharmaceuticals Inc | 1 | $14 |
| Salix Pharmaceuticals, A Division Of Bausch Health US, LLC | 1 | $14 |
| Sun Pharmaceutical Industries Inc. | 1 | $14 |
| Biohaven Pharmaceuticals, Inc. | 1 | $14 |
| Jazz Pharmaceuticals Inc. | 1 | $11 |
How this compares
$1,695 in reported general payments places this provider in the 55th 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 |
|---|---|---|
| XareltoRivaroxaban | 93 | $33,065 |
| EliquisApixaban | 19 | $18,098 |
| JanuviaSitagliptin Phosphate | 15 | $13,638 |
| Potassium Chloride | 116 | $1,281 |
| Fluticasone-SalmeterolFluticasone Propion/Salmeterol | 12 | $1,168 |
| Lantus SolostarInsulin Glargine,hum.Rec.Anlog | 11 | $1,166 |
| Metoprolol Succinate | 81 | $1,096 |
| Atorvastatin Calcium | 96 | $1,002 |
| Amlodipine Besylate | 223 | $964 |
| Valsartan | 24 | $894 |
| Gabapentin | 157 | $866 |
| Albuterol Sulfate HfaAlbuterol Sulfate | 26 | $864 |
| Tamsulosin Hcl | 102 | $847 |
| Levothyroxine Sodium | 100 | $806 |
| Metformin Hcl | 61 | $804 |
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 |
|---|---|---|
| Johnson & JohnsonXarelto | $433 | $33,06593 claims |
| PfizerEliquis | $205 | $18,09819 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 55th percentile of 31 cardiology providers in New Jersey.
Other cardiology in Matawan
- 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.