Has Richard Olstein, MD received payments from drug or device companies?

Yes. Drug and device makers reported $682 in general payments to Richard Olstein, MD across 21 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 Richard Olstein, 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 Richard Olstein, 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.

Richard Olstein, MD

Interventional Cardiology · Burien, WANPI 1154588242

Payments from drug & device makers

$682in general payments, 2019–2025

Across 21 payments — averaging $32.50 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.

Medtronic$268
Abiomed$219
Boston Scientific$120
Shockwave Medical, Inc$76

What the payments were for

Food & beverage$682100%

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	5	$268
Abiomed	13	$219
Boston Scientific	2	$120
Shockwave Medical, Inc	1	$76

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.

SYMPLICITY G3$135
AVVIGO Guidance System$102

How this compares

$682 in reported general payments places this provider in the 15th percentile of 125 interventional cardiology providers in Washington.

See all interventional cardiology providers in Washington →

Medicare billing

Part B allowed, 2024

$172,795

Medicare patients

773

Services billed

1,719

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
XareltoRivaroxaban	295	$352,036
EliquisApixaban	214	$281,668
JardianceEmpagliflozin	39	$55,228
EntrestoSacubitril/Valsartan	35	$52,753
Repatha SureclickEvolocumab	15	$20,105
Metoprolol Succinate	659	$8,260
Atorvastatin Calcium	513	$5,886
Rosuvastatin Calcium	320	$4,086
Flecainide Acetate	43	$2,811
Carvedilol	317	$2,807
Lisinopril	262	$2,696
Losartan Potassium	356	$2,613
ClopidogrelClopidogrel Bisulfate	268	$2,585
Amlodipine Besylate	318	$2,557
Digoxin	37	$2,210

Paid to pharmacies, not to this prescriber.

Other interventional cardiology in Burien

Sameer GafoorSeattle$2M
James McCabeSeattle$1.7M
William LombardiSeattle$1.2M
Sidakpal PanaichSeattle$1.2M
Kathleen KearneySeattle$802K
Ming ZhangSeattle$693K
Robert RileyBellevue$652K
Mahesh MulumudiEverett$569K
Danny DvirSeattle$380K
Andrew ColettiSpokane$355K

See the full list for Washington →

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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