Payment Breakdown by Category
Payments by Nature
| Nature of Payment | Amount | Transactions | Share |
|---|---|---|---|
| Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program | $86,620 | 47 | 51.3% |
| Consulting Fee | $68,738 | 30 | 40.7% |
| Travel and Lodging | $7,659 | 46 | 4.5% |
| Education | $3,000 | 1 | 1.8% |
| Food and Beverage | $2,785 | 40 | 1.6% |
Top Paying Companies
| Company | Total | Records | Latest Year |
|---|---|---|---|
| Allergan, Inc. | $103,747 | 124 | $0 (2022) |
| ABBVIE INC. | $62,019 | 38 | $0 (2024) |
| Intuitive Surgical, Inc. | $3,000 | 1 | $0 (2017) |
| Integra LifeSciences Corporation | $34.08 | 1 | $0 (2023) |
Payment History by Year
| Year | Amount | Transactions | Top Company |
|---|---|---|---|
| 2024 | $46,725 | 31 | ABBVIE INC. ($46,725) |
| 2023 | $15,329 | 8 | AbbVie Inc. ($15,295) |
| 2022 | $13,114 | 10 | Allergan, Inc. ($13,114) |
| 2021 | $12,363 | 9 | Allergan, Inc. ($12,363) |
| 2020 | $11,235 | 15 | Allergan, Inc. ($11,235) |
| 2019 | $6,821 | 5 | Allergan Inc. ($6,821) |
| 2018 | $5,051 | 3 | Allergan Inc. ($5,051) |
| 2017 | $58,163 | 83 | Allergan Inc. ($55,163) |
All Payment Transactions
164 individual payment records from CMS Open Payments — Page 1 of 7
| Date | Company | Product | Nature | Form | Amount | Type |
|---|---|---|---|---|---|---|
| 12/18/2024 | ABBVIE INC. | STRATTICE RECONSTRUCTIVE TISSUE MATRIX BPS (Device) | Consulting Fee | Cash or cash equivalent | $6,000.00 | General |
| Category: TRAUMA EMERGENCY, INJURY, SURGERY | ||||||
| 12/18/2024 | ABBVIE INC. | STRATTICE RECONSTRUCTIVE TISSUE MATRIX BPS (Device) | Travel and Lodging | In-kind items and services | $282.74 | General |
| Category: TRAUMA EMERGENCY, INJURY, SURGERY | ||||||
| 12/18/2024 | ABBVIE INC. | STRATTICE RECONSTRUCTIVE TISSUE MATRIX BPS (Device) | Travel and Lodging | In-kind items and services | $40.09 | General |
| Category: TRAUMA EMERGENCY, INJURY, SURGERY | ||||||
| 12/03/2024 | ABBVIE INC. | STRATTICE RECONSTRUCTIVE TISSUE MATRIX BPS (Device) | Food and Beverage | In-kind items and services | $44.29 | General |
| Category: TRAUMA EMERGENCY, INJURY, SURGERY | ||||||
| 09/23/2024 | ABBVIE INC. | STRATTICE RECONSTRUCTIVE TISSUE MATRIX BPS (Device) | Consulting Fee | Cash or cash equivalent | $800.00 | General |
| Category: TRAUMA EMERGENCY, INJURY, SURGERY | ||||||
| 09/06/2024 | ABBVIE INC. | — | Consulting Fee | Cash or cash equivalent | $14,000.00 | General |
| 08/01/2024 | ABBVIE INC. | — | Travel and Lodging | In-kind items and services | $126.50 | General |
| 08/01/2024 | ABBVIE INC. | — | Food and Beverage | In-kind items and services | $12.62 | General |
| 07/19/2024 | ABBVIE INC. | — | Travel and Lodging | In-kind items and services | $584.66 | General |
| 07/19/2024 | ABBVIE INC. | — | Travel and Lodging | In-kind items and services | $303.52 | General |
| 07/19/2024 | ABBVIE INC. | — | Travel and Lodging | In-kind items and services | $226.07 | General |
| 07/19/2024 | ABBVIE INC. | — | Food and Beverage | In-kind items and services | $106.16 | General |
| 07/19/2024 | ABBVIE INC. | — | Food and Beverage | In-kind items and services | $90.80 | General |
| 07/19/2024 | ABBVIE INC. | — | Food and Beverage | In-kind items and services | $83.81 | General |
| 07/19/2024 | ABBVIE INC. | — | Food and Beverage | In-kind items and services | $83.81 | General |
| 07/19/2024 | ABBVIE INC. | — | Food and Beverage | In-kind items and services | $62.96 | General |
| 07/19/2024 | ABBVIE INC. | — | Food and Beverage | In-kind items and services | $46.92 | General |
| 07/19/2024 | ABBVIE INC. | — | Food and Beverage | In-kind items and services | $38.06 | General |
| 07/02/2024 | ABBVIE INC. | STRATTICE RECONSTRUCTIVE TISSUE MATRIX BPS (Device) | Consulting Fee | Cash or cash equivalent | $3,200.00 | General |
| Category: TRAUMA EMERGENCY, INJURY, SURGERY | ||||||
| 04/09/2024 | ABBVIE INC. | NATRELLE SALINE-FILLED BREAST IMPLANTS (Device), STRATTICE RECONSTRUCTIVE TISSUE MATRIX BPS | Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program | Cash or cash equivalent | $8,000.00 | General |
| Category: PLASTIC SURGERY | ||||||
| 04/09/2024 | ABBVIE INC. | NATRELLE SALINE-FILLED BREAST IMPLANTS (Device), STRATTICE RECONSTRUCTIVE TISSUE MATRIX BPS | Travel and Lodging | In-kind items and services | $281.40 | General |
| Category: PLASTIC SURGERY | ||||||
| 04/09/2024 | ABBVIE INC. | NATRELLE SALINE-FILLED BREAST IMPLANTS (Device), STRATTICE RECONSTRUCTIVE TISSUE MATRIX BPS | Travel and Lodging | In-kind items and services | $4.00 | General |
| Category: PLASTIC SURGERY | ||||||
| 04/03/2024 | ABBVIE INC. | STRATTICE RECONSTRUCTIVE TISSUE MATRIX BPS (Device) | Consulting Fee | Cash or cash equivalent | $896.00 | General |
| Category: TRAUMA EMERGENCY, INJURY, SURGERY | ||||||
| 03/26/2024 | ABBVIE INC. | NATRELLE SALINE-FILLED BREAST IMPLANTS (Device), STRATTICE RECONSTRUCTIVE TISSUE MATRIX BPS | Food and Beverage | In-kind items and services | $10.75 | General |
| Category: PLASTIC SURGERY | ||||||
| 03/20/2024 | ABBVIE INC. | STRATTICE RECONSTRUCTIVE TISSUE MATRIX BPS (Device) | Consulting Fee | Cash or cash equivalent | $5,600.00 | General |
| Category: TRAUMA EMERGENCY, INJURY, SURGERY | ||||||
Medicare Billing by Year
| Year | Procedures | Beneficiaries | Services | Submitted | Medicare Paid |
|---|---|---|---|---|---|
| 2023 | 7 | 214 | 291 | $286,369 | $78,882 |
| 2022 | 11 | 279 | 353 | $345,486 | $92,565 |
| 2021 | 14 | 318 | 389 | $276,648 | $84,344 |
| 2020 | 9 | 188 | 217 | $210,600 | $59,884 |
All Medicare Procedures & Services
41 procedure records from CMS Medicare Utilization — Page 1 of 2
| HCPCS | Description | Setting | Year | Patients | Services | Charges | Medicare Paid | Ratio |
|---|---|---|---|---|---|---|---|---|
| 15734 | Creation of muscle graft to trunk | Facility | 2023 | 25 | 50 | $193,150 | $49,273 | 25.5% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Office | 2023 | 75 | 75 | $30,566 | $10,157 | 33.2% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Office | 2023 | 50 | 68 | $19,913 | $7,001 | 35.2% |
| 49650 | Repair of groin hernia using an endoscope | Facility | 2023 | 12 | 12 | $17,060 | $5,526 | 32.4% |
| 13102 | Complicated repair of wound of trunk, each additional 5.0 cm or less | Facility | 2023 | 16 | 50 | $9,450 | $3,163 | 33.5% |
| 13101 | Complicated repair of wound of trunk, 2.6-7.5 cm | Facility | 2023 | 17 | 17 | $11,050 | $1,889 | 17.1% |
| 99203 | New patient office or other outpatient visit, 30-44 minutes | Office | 2023 | 19 | 19 | $5,180 | $1,873 | 36.2% |
| 15734 | Creation of muscle graft to trunk | Facility | 2022 | 26 | 53 | $204,739 | $50,727 | 24.8% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Office | 2022 | 44 | 44 | $17,686 | $6,271 | 35.5% |
| 49568 | Placement of mesh to repair incisional or abdominal hernia | Facility | 2022 | 26 | 26 | $17,836 | $6,030 | 33.8% |
| 49560 | Repair of incisional or abdominal hernia | Facility | 2022 | 11 | 11 | $21,873 | $5,975 | 27.3% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Office | 2022 | 46 | 53 | $14,067 | $5,648 | 40.2% |
| 49566 | Repair of trapped recurrent incisional or abdominal hernia | Facility | 2022 | 11 | 11 | $26,576 | $4,883 | 18.4% |
| 13102 | Complicated repair of wound of trunk, each additional 5.0 cm or less | Facility | 2022 | 19 | 53 | $10,017 | $3,233 | 32.3% |
| 99203 | New patient office or other outpatient visit, 30-44 minutes | Office | 2022 | 31 | 31 | $8,246 | $2,992 | 36.3% |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Office | 2022 | 34 | 39 | $7,210 | $2,989 | 41.5% |
| 13101 | Complicated repair of wound of trunk, 2.6-7.5 cm | Facility | 2022 | 20 | 20 | $13,000 | $2,120 | 16.3% |
| 99215 | Established patient office or other outpatient visit, 40-54 minutes | Office | 2022 | 11 | 12 | $4,236 | $1,696 | 40.0% |
| 15734 | Muscle flap wound repair at trunk | Facility | 2021 | 20 | 40 | $154,520 | $41,052 | 26.6% |
| 99204 | New patient outpatient visit, total time 45-59 minutes | Office | 2021 | 65 | 65 | $26,107 | $9,172 | 35.1% |
| 49650 | Repair of groin hernia using an endoscope | Facility | 2021 | 13 | 13 | $17,744 | $6,189 | 34.9% |
| 49568 | Placement of mesh to repair incisional or abdominal hernia, open procedure | Facility | 2021 | 22 | 23 | $15,778 | $5,629 | 35.7% |
| 99214 | Established patient outpatient visit, total time 30-39 minutes | Office | 2021 | 43 | 46 | $12,098 | $5,302 | 43.8% |
| 99203 | New patient outpatient visit, total time 30-44 minutes | Office | 2021 | 30 | 30 | $8,012 | $2,994 | 37.4% |
| 99213 | Established patient outpatient visit, total time 20-29 minutes | Office | 2021 | 30 | 38 | $6,840 | $2,949 | 43.1% |
About Dr. Parag Bhanot, MD
Dr. Parag Bhanot, MD is a Surgery healthcare provider based in Washington, District of Columbia. This provider has been registered with the National Plan and Provider Enumeration System (NPPES) since 07/11/2006. The National Provider Identifier (NPI) number assigned to this provider is 1952336562.
According to the Centers for Medicare & Medicaid Services (CMS) Open Payments database, Dr. Parag Bhanot, MD has received a total of $168,801 in payments from pharmaceutical and medical device companies, with $46,725 received in 2024. These payments were reported across 164 transactions from 4 companies. The most common payment nature is "Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program" ($86,620).
As a Medicare-enrolled provider, Bhanot has provided services to 999 Medicare beneficiaries, totaling 1,250 services with total Medicare billing of $315,675. Data is available for 4 years (2020–2023), covering 41 distinct procedure/service records.
Practice Information
- Specialty Surgery
- Location Washington, DC
- Active Since 07/11/2006
- Last Updated 01/07/2019
- Taxonomy Code 208600000X
- Entity Type Individual
- NPI Number 1952336562
Products in Payments
- STRATTICE RECONSTRUCTIVE TISSUE MATRIX BPS (Device) $63,434
- STRATTICE (Device) $55,996
- ALLODERM (Device) $22,274
- NATRELLE SALINE-FILLED BREAST IMPLANTS (Device) $8,296
- Da Vinci Surgical System (Device) $3,000
- OMNIGRAFT (Device) $34.08
Explore
Data Sources
Provider data from NPPES. Payment data from CMS Open Payments. Medicare data from CMS Medicare Provider Utilization. All data is public and updated periodically.
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