Has Neal Rakesh, MD received payments from drug or device companies?

Yes. Drug and device makers reported $16,020 in general payments to Neal Rakesh, MD across 119 transactions between 2019–2025. Most Open Payments records nationally are meals worth under $20; a reported payment is not evidence of wrongdoing.

Does a payment mean Neal Rakesh, MD did something wrong?

No. Federal law requires drug and device makers to report almost every transfer of value to a physician, including a $14 sandwich at a lunch presentation. Consulting fees, research funding and royalties to device inventors are ordinary, legal parts of medicine. This site reports what was disclosed; it makes no allegation.

Where does this information about Neal Rakesh, MD come from?

The U.S. Centers for Medicare & Medicaid Services. Payments come from Open Payments, published under the Physician Payments Sunshine Act. Billing and prescribing figures come from the Medicare Physician & Other Practitioners and Part D Prescriber public use files for 2024.

Neal Rakesh, MD

Pain Medicine · New York, NYNPI 1902254030

Payments from drug & device makers

What this record shows

The money is spread across several categories — food and beverage (50.9%), grants and speaking fees — rather than concentrated in one kind of arrangement. Medtronic accounts for 72.2% of it on its own, with 9 other manufacturers making up the rest. Among pain medicine clinicians in NY with any reported payments, this total sits in the top 10% — high for the specialty, which is a reason to read the composition above rather than the number alone.

$16,020in general payments, 2019–2025

Across 119 payments — averaging $134.62 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.

Medtronic$12K
Boston Scientific$1K
SPR Therapeutics, Inc$1K
Stratus Medical, LLC$408
Shimadzu Precision Instruments, Inc.$395
Rivanna Medical, Inc$350
plus $896 from 4 others

What the payments were for

Consulting fees$3502%
Speaking & faculty fees$1,5009%
Grants$4,42728%
Travel & lodging$1,1967%
Food & beverage$8,15151%
Entertainment$3952%

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
Medtronic(2 entities)	84	$11,560
Boston Scientific	12	$1,393
SPR Therapeutics, Inc	10	$1,017
Stratus Medical, LLC	3	$408
Shimadzu Precision Instruments, Inc.	1	$395
Rivanna Medical, Inc	1	$350
Nalu Medical, Inc.	2	$320
Nevro Corp.	4	$279
Salix Pharmaceuticals, A Division Of Bausch Health US, LLC	1	$266
AbbVie	1	$30

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

$16,020 in reported general payments places this provider in the 90th percentile of 503 pain medicine providers in New York.

See all pain medicine providers in New York →

Medicare billing

Part B allowed, 2024

$69,982

Medicare patients

310

Services billed

716

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
Pregabalin	39	$1,330
Fentanyl	17	$1,232
Gabapentin	89	$975
Oxycodone Hcl	81	$920
Tizanidine Hcl	59	$723
Baclofen	21	$387
Duloxetine Hcl	34	$288
Oxycodone-AcetaminophenOxycodone Hcl/Acetaminophen	17	$194
Hydromorphone Hcl	11	$139
Tramadol Hcl	14	$93

Paid to pharmacies, not to this prescriber.

Other pain medicine in New York

Amitabh GulatiNew York$614K
David SpinnerNew York$391K
Eric LeeNew York$117K
Christopher GhariboNew York$91K
Randa JaafarNew York$87K
Boris LeybelNew York$58K
Chirag ShahNew York$48K
Annie Layno-MosesNew York$29K
Raj MurthyNew York$24K
David CassagnolNew York$22K

See the full list for New York →

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.

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