Michael Raida, MD
Psychiatry · Chicago, ILNPI 1518910389
Payments from drug & device makers
Across 410 payments — averaging $21.82 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- AbbVie$1K
- ITI, Inc. (d/b/a Intra-cellular Therapies, Inc.)$1K
- Takeda Pharmaceuticals U.S.A., Inc.$1K
- Johnson & Johnson$907
- Lundbeck LLC$809
- Otsuka America Pharmaceutical, Inc.$694
- plus $3K from 20 others
What the payments were for
- Travel & lodging$170%
- Food & beverage$8,71897%
- Education$2132%
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 |
|---|---|---|
| AbbVie(2 entities) | 71 | $1,397 |
| ITI, Inc. (d/b/a Intra-cellular Therapies, Inc.) | 58 | $1,196 |
| Takeda Pharmaceuticals U.S.A., Inc. | 40 | $1,076 |
| Johnson & Johnson | 37 | $907 |
| Lundbeck LLC | 46 | $809 |
| Otsuka America Pharmaceutical, Inc. | 30 | $694 |
| Neurocrine Biosciences, Inc. | 17 | $536 |
| Supernus Pharmaceuticals, Inc. | 14 | $382 |
| Almatica Pharma LLC | 14 | $356 |
| Axsome Therapeutics, Inc. | 12 | $329 |
| Bausch Health US, LLC | 11 | $201 |
| Teva Pharmaceuticals USA, Inc. | 14 | $174 |
| Vanda Pharmaceuticals Inc. | 6 | $144 |
| Corium, LLC | 7 | $141 |
| Sunovion Pharmaceuticals Inc. | 9 | $119 |
| E.r. Squibb & Sons, L.L.C. | 5 | $112 |
| Shire North American Group Inc | 5 | $80 |
| Alkermes, Inc. | 2 | $56 |
| Biogen | 2 | $47 |
| Noven Therapeutics, LLC | 2 | $39 |
| Ironshore Pharmaceuticals Inc. | 2 | $38 |
| Alfasigma USA, Inc. | 2 | $38 |
| Eisai Inc. | 1 | $23 |
| Tris Pharma Inc | 1 | $21 |
| Idorsia Pharmaceuticals US Inc | 1 | $19 |
| Avanir Pharmaceuticals, Inc. | 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.
- INGREZZA$137
How this compares
$8,948 in reported general payments places this provider in the 90th percentile of 1,344 psychiatry providers in Illinois.
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 |
|---|---|---|
| IngrezzaValbenazine Tosylate | 23 | $180,033 |
| VraylarCariprazine Hcl | 48 | $76,284 |
| CaplytaLumateperone Tosylate | 11 | $19,998 |
| BelsomraSuvorexant | 21 | $8,385 |
| DayvigoLemborexant | 14 | $5,483 |
| Lurasidone Hcl | 23 | $3,714 |
| Clonazepam | 210 | $1,877 |
| Mirtazapine | 76 | $1,251 |
| Bupropion XlBupropion Hcl | 40 | $1,219 |
| Trazodone Hcl | 111 | $1,176 |
| Escitalopram Oxalate | 105 | $1,164 |
| Duloxetine Hcl | 52 | $1,143 |
| Alprazolam | 80 | $1,104 |
| Venlafaxine Hcl ErVenlafaxine Hcl | 71 | $864 |
| Lamotrigine | 98 | $774 |
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 |
|---|---|---|
| Neurocrine Biosciences, Inc.Ingrezza | $536 | $180,03323 claims |
| AbbVieVraylar | $1,397 | $76,28448 claims |
| ITI, Inc. (d/b/a Intra-cellular Therapies, Inc.)Caplyta | $1,196 | $19,99811 claims |
| Eisai Inc.Dayvigo | $23 | $5,48314 claims |
| Almatica Pharma LLCSertraline Hcl | $356 | $61381 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 90th percentile of 1,344 psychiatry providers in Illinois.
Other psychiatry in Chicago
- Yuhwen ChowChicago$8.5M
- Jon GrantChicago$1.4M
- Jeffrey RadoChicago$1.2M
- Mitchell GlaserChicago$1.1M
- Peter WeidenChicago$941K
- Brett PlylerChicago$293K
- Michelle DeesChicago$289K
- Jennifer SpragueChicago$288K
- K Ranga KrishnanChicago$92K
- Pawel DudekChicago$52K
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.