Shahed Ghoghawala, MD
Ophthalmology · Madison, WINPI 1871768051
Payments from drug & device makers
What this record shows
This record is dominated by speaking fees: $3,000 of the $4,460 with a category attached, or 67.3%. Iridex Corporation accounts for 67.7% of it on its own, with 11 other manufacturers making up the rest. Reporting peaked in 2022 at $3,338 and has fallen 99.5% since, to $18 in 2025. Among ophthalmology clinicians in WI 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.
Across 74 payments — averaging $60.27 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Iridex Corporation$3K
- AbbVie$938
- Alcon$111
- Bausch & Lomb Americas Inc.$97
- Oyster Point Pharma, Inc.$84
- Ocular Therapeutix, Inc.$62
- plus $149 from 6 others
What the payments were for
- Speaking & faculty fees$3,00067%
- Food & beverage$1,35730%
- Education$1022%
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 |
|---|---|---|
| Iridex Corporation | 3 | $3,019 |
| AbbVie(2 entities) | 44 | $938 |
| Alcon | 6 | $111 |
| Bausch & Lomb Americas Inc. | 5 | $97 |
| Oyster Point Pharma, Inc. | 5 | $84 |
| Ocular Therapeutix, Inc. | 3 | $62 |
| Sun Pharmaceutical Industries Inc. | 3 | $59 |
| Haag-streit USA, Inc. | 1 | $21 |
| Shire North American Group Inc | 1 | $20 |
| Aerie Pharmaceuticals, Inc. | 1 | $19 |
| Amgen | 1 | $18 |
| Eyevance Pharmaceuticals LLC | 1 | $13 |
How this compares
$4,460 in reported general payments places this provider in the 90th percentile of 337 ophthalmology providers in Wisconsin.
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 |
|---|---|---|
| RestasisCyclosporine | 368 | $284,104 |
| LumiganBimatoprost | 439 | $222,705 |
| CombiganBrimonidine Tartrate/Timolol | 207 | $75,834 |
| Alphagan PBrimonidine Tartrate | 128 | $45,404 |
| VyzultaLatanoprostene Bunod | 125 | $40,407 |
| RhopressaNetarsudil Mesylate | 48 | $22,482 |
| Cyclosporine | 68 | $17,436 |
| Brimonidine Tartrate-TimololBrimonidine Tartrate/Timolol | 115 | $16,803 |
| Latanoprost | 1,801 | $15,404 |
| Dorzolamide-TimololDorzolamide Hcl/Timolol Maleat | 784 | $11,296 |
| Fluorometholone | 144 | $11,163 |
| Brinzolamide | 64 | $11,047 |
| SimbrinzaBrinzolamide/Brimonidine Tart | 34 | $10,810 |
| RocklatanNetarsudil Mesylat/Latanoprost | 22 | $7,516 |
| Brimonidine Tartrate | 470 | $5,414 |
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 |
|---|---|---|
| AbbVieRestasis, Lumigan, Combigan, Alphagan P | $938 | $628,0471,142 claims |
| Bausch & Lomb Americas Inc.Vyzulta | $97 | $40,407125 claims |
| Aerie Pharmaceuticals, Inc.Rhopressa, Rocklatan | $19 | $29,99970 claims |
| AlconSimbrinza | $111 | $10,81034 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 337 ophthalmology providers in Wisconsin.
Other ophthalmology in Madison
- Michael ShapiroMadison$71K
- Julia AgapovMadison$26K
- Neil FarbmanMadison$13K
- Eric WeinlanderMadison$9K
- Gordon CrabtreeMadison$8K
- Paul KaufmanMadison$6K
- Andrew ThliverisMadison$5K
- Sina Rashidi KikanlooMadison$4K
- Suzanne van LandinghamMadison$4K
- Roomasa ChannaMadison$2K
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.