RxDoctor Payments Data

Kenneth Margulies, MD

Advanced Heart Failure and Transplant Cardiology · Philadelphia, PANPI 1720015647

Payments from drug & device makers

What this record shows

The money is spread across several categories — consulting fees (58.3%), speaking fees and travel and lodging — rather than concentrated in one kind of arrangement. 10 manufacturers reported payments, led by Pfizer at 38.8% of the total. Reporting peaked in 2020 at $14,776 and has fallen 97.0% since, to $450 in 2024.

$25,375in general payments, 2019–2025

Across 18 payments — averaging $1409.70 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.

  • Pfizer$10K
  • E.r. Squibb & Sons, L.L.C.$6K
  • American Regent$5K
  • Amgen$3K
  • Merck$428
  • Abiomed$97
  • plus $208 from 4 others
$1,645,650in research payments, 2019–2025

Across 3 payments — averaging $548,550 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.

  • Amgen$1.6M
  • Sanofi US Services Inc.$11K

What the payments were for

  • Consulting fees$14,78658%
  • Speaking & faculty fees$8,80035%
  • Travel & lodging$9674%
  • Food & beverage$8223%

General payments by program year

19
20
21
22
23
24

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.

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

$25,375 in reported general payments places this provider in the 70th percentile of 96 advanced heart failure and transplant cardiology providers in Pennsylvania.

See all advanced heart failure and transplant cardiology providers in Pennsylvania

Medicare billing

Part B allowed, 2024
$20,795
Medicare patients
160
Services billed
455

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

DrugClaimsCost to plans & patients
EntrestoSacubitril/Valsartan144$187,150
FarxigaDapagliflozin Propanediol56$48,466
JardianceEmpagliflozin22$33,743
EliquisApixaban39$33,567
XareltoRivaroxaban12$18,202
Metoprolol Succinate69$1,511
Carvedilol111$1,445
Amiodarone Hcl17$998
Atorvastatin Calcium69$825
Spironolactone69$564
Isosorbide Mononitrate ErIsosorbide Mononitrate29$526
Rosuvastatin Calcium19$372
Ezetimibe15$348
Furosemide57$291
Hydralazine Hcl12$280

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.

CompanyPaid to this providerPart D cost of their drugs
NovartisEntresto$90$187,150144 claims
PfizerEliquis$9,855$33,56739 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 96 advanced heart failure and transplant cardiology providers in Pennsylvania.

Other advanced heart failure and transplant cardiology in Philadelphia

See the full list for Pennsylvania

Where these figures come from

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