RxDoctor Payments Data

Stephen Verdesca, MD

Cardiovascular Disease · Morristown, NJNPI 1528032497

Payments from drug & device makers

$2,735in general payments, 2019–2025

Across 178 payments — averaging $15.37 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.

  • Novartis$527
  • Pfizer$473
  • Amgen$465
  • Merck$165
  • Sanofi-aventis U.S. LLC$155
  • Abbott$114
  • plus $836 from 18 others

What the payments were for

  • Food & beverage$2,735100%

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

19
20
21
22
23
24
25

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.

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

$2,735 in reported general payments places this provider in the 45th percentile of 1,006 cardiovascular disease providers in New Jersey.

See all cardiovascular disease providers in New Jersey

Medicare billing

Part B allowed, 2024
$351,028
Medicare patients
1,467
Services billed
5,102

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

DrugClaimsCost to plans & patients
EliquisApixaban396$529,712
XareltoRivaroxaban115$127,377
MultaqDronedarone Hcl69$108,073
EntrestoSacubitril/Valsartan64$86,428
Repatha SureclickEvolocumab19$27,396
FarxigaDapagliflozin Propanediol12$18,575
DiovanValsartan11$14,447
Metoprolol Succinate814$12,416
Atorvastatin Calcium672$7,131
Dabigatran EtexilateDabigatran Etexilate Mesylate13$6,307
PradaxaDabigatran Etexilate Mesylate15$5,338
Nebivolol Hcl63$4,553
Losartan Potassium362$4,203
Rosuvastatin Calcium239$3,778
Ranolazine ErRanolazine35$3,523

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.

CompanyPaid to this providerPart D cost of their drugs
PfizerEliquis$473$529,712396 claims
Johnson & JohnsonXarelto$69$127,377115 claims
Sanofi-aventis U.S. LLCMultaq$155$108,07369 claims
NovartisEntresto, Diovan$527$100,87575 claims
AstraZenecaFarxiga$30$18,57512 claims
Boehringer IngelheimPradaxa$93$5,33815 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 45th percentile of 1,006 cardiovascular disease providers in New Jersey.

Other cardiovascular disease in Morristown

See the full list for New Jersey

Where these figures come from

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