Marcelo Kugelmas, MD
Gastroenterology · Englewood, CONPI 1992819130
Payments from drug & device makers
Across 1,184 payments — averaging $2245.92 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Madrigal Pharmaceuticals$501K
- Intercept Pharmaceuticals, Inc.$384K
- Gilead$348K
- Bausch Health US, LLC$286K
- AstraZeneca$227K
- Boehringer Ingelheim International GmbH$190K
- plus $723K from 37 others
Across 2 payments — averaging $924.70 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.
- Eli Lilly$2K
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.
How this compares
$2,659,175 in reported general payments places this provider in the 95th percentile of 304 gastroenterology providers in Colorado.
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.
Other gastroenterology in Englewood
- Seymour KatzEnglewood$72K
- Richard RomanEnglewood$16K
- Bhaktasharan PatelColorado Springs$22M
- Douglas AdlerColorado Springs$1.2M
- Masi KhajaGrand Junction$1.2M
- Peter McNallyFt Carson$1.1M
- Mark GerichAurora$1M
- Raj ShahAurora$764K
- Rajesh JainLakewood$708K
- Steven EdmundowiczAurora$603K
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.