Joseph Richerts, MD
Cardiovascular Disease · Philadelphia, PANPI 1922008861
Payments from drug & device makers
Across 333 payments — averaging $15.94 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Pfizer$934
- Amgen$603
- E.r. Squibb & Sons, L.L.C.$496
- ZOLL Services LLC (a/k/a ZOLL Lifecor Corp)$467
- Johnson & Johnson$447
- Novartis$324
- plus $2K from 24 others
What the payments were for
- Food & beverage$5,308100%
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 |
|---|---|---|
| Pfizer | 70 | $934 |
| Amgen | 34 | $603 |
| E.r. Squibb & Sons, L.L.C. | 50 | $496 |
| ZOLL Services LLC (a/k/a ZOLL Lifecor Corp) | 28 | $467 |
| Johnson & Johnson | 29 | $447 |
| Novartis | 17 | $324 |
| AstraZeneca | 18 | $311 |
| Boston Scientific | 16 | $308 |
| Sanofi-aventis U.S. LLC | 15 | $257 |
| Impulse Dynamics (USA) Inc. | 5 | $239 |
| Merck | 7 | $110 |
| Amarin Pharma, Inc. | 7 | $98 |
| Philips North America LLC | 4 | $81 |
| Daiichi Sankyo Inc. | 3 | $79 |
| Boehringer Ingelheim | 5 | $75 |
| Novo Nordisk | 4 | $71 |
| Biosense Webster, Inc. | 1 | $60 |
| Esperion Therapeutics, Inc. | 3 | $54 |
| Althera Pharmaceuticals LLC | 3 | $44 |
| Edwards Lifesciences | 2 | $39 |
| Inspire Medical Systems, Inc. | 2 | $38 |
| Kestra Medical Technology Services, Inc. | 1 | $32 |
| Kiniksa Pharmaceuticals, Ltd. | 1 | $21 |
| Bayer | 1 | $21 |
| Lemaitre Vascular, Inc. | 2 | $19 |
| Abbott | 1 | $18 |
| Medtronic | 1 | $17 |
| Medicomp Inc | 1 | $15 |
| Astellas Pharma US Inc | 1 | $15 |
| Kiniksa Pharmaceuticals International, PLC | 1 | $14 |
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.
- OPTIMIZER$282
How this compares
$5,308 in reported general payments places this provider in the 70th percentile of 1,250 cardiovascular disease providers in Pennsylvania.
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 | 291 | $304,145 |
| XareltoRivaroxaban | 97 | $82,728 |
| EntrestoSacubitril/Valsartan | 48 | $53,432 |
| MultaqDronedarone Hcl | 30 | $36,004 |
| JardianceEmpagliflozin | 15 | $18,593 |
| FarxigaDapagliflozin Propanediol | 16 | $17,926 |
| Metoprolol Succinate | 505 | $10,128 |
| Losartan Potassium | 350 | $4,480 |
| Atorvastatin Calcium | 279 | $4,347 |
| Carvedilol | 261 | $2,494 |
| Rosuvastatin Calcium | 101 | $2,478 |
| ClopidogrelClopidogrel Bisulfate | 171 | $2,460 |
| Amlodipine Besylate | 310 | $1,841 |
| Amiodarone Hcl | 86 | $1,787 |
| Diltiazem 24hr Er (Cd)Diltiazem Hcl | 55 | $1,767 |
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 | $934 | $304,145291 claims |
| Johnson & JohnsonXarelto | $447 | $82,72897 claims |
| NovartisEntresto | $324 | $53,43248 claims |
| Sanofi-aventis U.S. LLCMultaq | $257 | $36,00430 claims |
| Boehringer IngelheimJardiance | $75 | $18,59315 claims |
| AstraZenecaFarxiga | $311 | $17,92616 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 70th percentile of 1,250 cardiovascular disease providers in Pennsylvania.
Other cardiovascular disease in Philadelphia
- Danielle DuffyPhiladelphia$29.5M
- Brian DrachmanPhiladelphia$3.8M
- Bonnie KyPhiladelphia$1.9M
- Marielle Scherrer CrosbiePhiladelphia$1.6M
- Paul ForfiaPhiladelphia$1.2M
- Quang BuiPhiladelphia$933K
- Leandro Slipczuk BustamantePhiladelphia$638K
- William MatthaiPhiladelphia$542K
- Dean KaralisPhiladelphia$463K
- Nehal MehtaPhiladelphia$419K
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.