Mathew Varghese, MD
Dermatology · Cape Coral, FLNPI 1598852667
Payments from drug & device makers
What this record shows
Almost everything reported here is food and beverage — 100.0% of the total across 9 separate payments, which is the pattern of a clinician who attends manufacturer presentations rather than one with a consulting arrangement. 6 manufacturers reported payments, led by Lilly USA, LLC at 25.6% of the total. That places this record below the midpoint for dermatology clinicians in FL, where the typical reported total is $2,563.
Across 9 payments — averaging $20.86 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Lilly USA, LLC$48
- Incyte Corporation$45
- Johnson & Johnson$43
- Dermavant Sciences, Inc.$19
- Galderma Laboratories, L.p.$16
- Verrica Pharmaceuticals Inc.$16
Across 3 payments — averaging $4271.27 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.
- Teva Pharmaceuticals USA, Inc.$13K
What the payments were for
- Food & beverage$188100%
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 |
|---|---|---|
| Lilly USA, LLC | 2 | $48 |
| Incyte Corporation | 2 | $45 |
| Johnson & Johnson | 2 | $43 |
| Dermavant Sciences, Inc. | 1 | $19 |
| Galderma Laboratories, L.p. | 1 | $16 |
| Verrica Pharmaceuticals Inc. | 1 | $16 |
How this compares
$188 in reported general payments places this provider in the 10th percentile of 1,147 dermatology providers in Florida.
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 |
|---|---|---|
| Betamethasone Dipropionate | 53 | $2,444 |
| Triamcinolone Acetonide | 121 | $1,983 |
| Halobetasol Propionate | 21 | $1,166 |
| CiclopiroxCiclopirox Olamine | 24 | $791 |
| Clobetasol Propionate | 27 | $761 |
| Clindamycin Phosphate | 27 | $605 |
| Ketoconazole | 29 | $589 |
| Desonide | 11 | $399 |
| Mometasone Furoate | 17 | $331 |
| Cephalexin | 12 | $311 |
| Doxycycline Hyclate | 17 | $264 |
| Hydrocortisone | 14 | $228 |
| Mupirocin | 31 | $209 |
Paid to pharmacies, not to this prescriber.
Other dermatology in Cape Coral
- Francisco KerdelMiami$2.1M
- Brad GlickMargate$2M
- Robert KirsnerMiami$1.4M
- John MinniStuart$1.4M
- Gil YosipovitchMiami$1M
- Shino Bay AguileraFt Lauderdale$1M
- Robert SnyderPembroke Pines$1M
- Marc IngleseTallahassee$989K
- Jeremy GreenCoral Gables$952K
- Mercedes GonzalezMiami$943K
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.