Waseem Bhatti, MD
Vascular & Interventional Radiology · Summit, NJNPI 1578779310
Payments from drug & device makers
What this record shows
The money is spread across several categories — speaking fees (49.1%), food and beverage and travel and lodging — rather than concentrated in one kind of arrangement. Penumbra, Inc. accounts for 70.9% of it on its own, with 22 other manufacturers making up the rest. Reporting peaked in 2019 at $9,262 and has fallen 86.5% since, to $1,248 in 2025. Among vascular & interventional radiology clinicians in NJ 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 217 payments — averaging $168.89 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Penumbra, Inc.$26K
- Sirtex Medical Inc$4K
- Bayer$3K
- Incyte Corporation$925
- Boston Scientific$767
- Medtronic$593
- plus $1K from 17 others
What the payments were for
- Consulting fees$3,97511%
- Speaking & faculty fees$18,00049%
- Travel & lodging$4,68513%
- Food & beverage$9,99027%
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 |
|---|---|---|
| Penumbra, Inc. | 80 | $25,996 |
| Sirtex Medical Inc | 73 | $3,864 |
| Bayer | 2 | $3,014 |
| Incyte Corporation | 1 | $925 |
| Boston Scientific | 13 | $767 |
| Medtronic(2 entities) | 12 | $593 |
| Angiodynamics, Inc. | 11 | $251 |
| Terumo Medical Corporation | 2 | $228 |
| Cook Medical LLC | 5 | $196 |
| Varian Medical Systems, Inc. | 2 | $172 |
| Galvanize Therapeutics, Inc | 2 | $142 |
| Nevro Corp. | 1 | $119 |
| GE HealthCare | 1 | $86 |
| Siemens Medical Solutions USA, Inc. | 2 | $58 |
| Bard Peripheral Vascular, Inc. | 1 | $52 |
| Embolx, Inc. | 1 | $50 |
| Argon Medical Devices, Inc. | 2 | $47 |
| Asahi Intecc USA, Inc. | 1 | $19 |
| KCI USA, Inc. | 1 | $19 |
| Merit Medical Systems Inc | 1 | $16 |
| Baxter Healthcare | 1 | $13 |
| Lilly USA, LLC | 1 | $13 |
| XACT Robotics Ltd | 1 | $12 |
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.
- RUBY Coil$9,931
- Penumbra Ruby Coil$4,800
- Indigo System$4,570
- POD$2,400
- Indigo$2,400
- SIR-Spheres Microspheres$2,362
- Azur CX Detachable$172
- KYPHON EXPRESS II KYPHOPAK TRAY$170
- Penumbra SMART Coil$151
- GENERAL EMBOLICS$143
- Ruby$140
- ALIYA SYSTEM$120
- Omnia$119
- Solitaire$116
- Cook Medical Embolization$115
- Penumbra System$100
How this compares
$36,650 in reported general payments places this provider in the 90th percentile of 111 vascular & interventional radiology providers in New Jersey.
See all vascular & interventional radiology providers in New Jersey →
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.
Other vascular & interventional radiology in Summit
- John RundbackTeaneck$507K
- Nicholas PetruzziGalloway$407K
- Sabina AminCamden$346K
- Israel SchurClifton$247K
- Micah WattsGalloway$225K
- Kevin HermanTeaneck$154K
- Elsie KohWoodland Park$150K
- Daniel BurrittVineland$112K
- Vincent GalloTeaneck$96K
- Daniel SimonNew Brunswick$43K
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.