Praveen Fernandes, MD
Psychiatry · Omaha, NENPI 1982719795
Payments from drug & device makers
What this record shows
Almost everything reported here is food and beverage — 98.9% of the total across 258 separate payments, which is the pattern of a clinician who attends manufacturer presentations rather than one with a consulting arrangement. It is spread thinly across 23 manufacturers, the largest accounting for just 12.3% — the pattern of someone who eats at a lot of different presentations. 2025 is the largest year on record at $3,768, more than ten times the $133 reported in 2019.
Across 258 payments — averaging $20.62 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- AbbVie$656
- ITI, Inc. (d/b/a Intra-cellular Therapies, Inc.)$638
- E.r. Squibb & Sons, L.L.C.$516
- Vanda Pharmaceuticals Inc.$512
- Otsuka America Pharmaceutical, Inc.$450
- Harmony Biosciences LLC$437
- plus $2K from 17 others
What the payments were for
- Food & beverage$5,26099%
- Education$601%
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) | 35 | $656 |
| ITI, Inc. (d/b/a Intra-cellular Therapies, Inc.) | 25 | $638 |
| E.r. Squibb & Sons, L.L.C. | 24 | $516 |
| Vanda Pharmaceuticals Inc. | 19 | $512 |
| Otsuka America Pharmaceutical, Inc. | 22 | $450 |
| Harmony Biosciences LLC | 16 | $437 |
| Teva Pharmaceuticals USA, Inc. | 20 | $379 |
| Neurocrine Biosciences, Inc. | 16 | $256 |
| Axsome Therapeutics, Inc. | 15 | $249 |
| Alkermes, Inc. | 12 | $214 |
| Lundbeck LLC | 12 | $209 |
| Almatica Pharma LLC | 7 | $140 |
| Johnson & Johnson | 6 | $131 |
| Takeda Pharmaceuticals U.S.A., Inc. | 7 | $120 |
| Supernus Pharmaceuticals, Inc. | 4 | $88 |
| Ironshore Pharmaceuticals Inc. | 5 | $78 |
| Noven Therapeutics, LLC | 4 | $64 |
| Avadel CNS Pharmaceuticals, LLC | 2 | $55 |
| Collegium Pharmaceutical, Inc. | 2 | $40 |
| Neurelis, Inc. | 1 | $30 |
| Idorsia Pharmaceuticals US Inc | 2 | $28 |
| Neos Therapeutics, LP | 1 | $17 |
| Azurity 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.
How this compares
$5,320 in reported general payments places this provider in the 85th percentile of 160 psychiatry providers in Nebraska.
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 |
|---|---|---|
| Invega SustennaPaliperidone Palmitate | 37 | $111,215 |
| IngrezzaValbenazine Tosylate | 12 | $97,179 |
| AristadaAripiprazole Lauroxil | 18 | $54,416 |
| RexultiBrexpiprazole | 15 | $21,606 |
| Lurasidone Hcl | 27 | $9,548 |
| Quetiapine Fumarate | 274 | $6,108 |
| Aripiprazole | 140 | $6,050 |
| Divalproex Sodium ErDivalproex Sodium | 73 | $5,811 |
| BelsomraSuvorexant | 11 | $4,920 |
| Clozapine | 58 | $4,123 |
| Paliperidone ErPaliperidone | 17 | $3,773 |
| Lamotrigine ErLamotrigine | 12 | $3,433 |
| Trazodone Hcl | 230 | $2,874 |
| Ziprasidone Hcl | 21 | $2,830 |
| Olanzapine | 134 | $2,815 |
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 |
|---|---|---|
| Johnson & JohnsonInvega Sustenna | $131 | $111,21537 claims |
| Neurocrine Biosciences, Inc.Ingrezza | $256 | $97,17912 claims |
| Alkermes, Inc.Aristada | $214 | $54,41618 claims |
| Otsuka America Pharmaceutical, Inc.Rexulti | $450 | $21,60615 claims |
| Almatica Pharma LLCSertraline Hcl | $140 | $1,12895 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 85th percentile of 160 psychiatry providers in Nebraska.
Other psychiatry in Omaha
- Vithyalakshmi SelvarajOmaha$1.2M
- Sarit HovavOmaha$307K
- Mary Jo HaniganOmaha$119K
- Yon ChongOmaha$59K
- Syed SattarOmaha$16K
- Michael SedlacekOmaha$15K
- Sriram RamaswamyOmaha$13K
- Elizabeth FitzpatrickOmaha$10K
- Natalie BakerOmaha$4K
- Michael EggerOmaha$3K
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.