Payment Breakdown by Category
Payments by Nature
| Nature of Payment | Amount | Transactions | Share |
|---|---|---|---|
| Food and Beverage | $9,758 | 262 | 67.0% |
| Travel and Lodging | $3,396 | 12 | 23.3% |
| Consulting Fee | $1,375 | 1 | 9.4% |
| Education | $30.73 | 2 | 0.2% |
Top Paying Companies
| Company | Total | Records | Latest Year |
|---|---|---|---|
| Edwards Lifesciences Corporation | $5,551 | 154 | $0 (2024) |
| Medtronic Vascular, Inc. | $2,725 | 38 | $0 (2018) |
| Abbott Laboratories | $2,272 | 35 | $0 (2024) |
| Siemens Medical Solutions USA, Inc. | $1,381 | 5 | $0 (2022) |
| BOSTON SCIENTIFIC CORPORATION | $1,192 | 31 | $0 (2018) |
| Ancora Heart, Inc. | $560.68 | 3 | $0 (2023) |
| PROCYRION, INC. | $284.04 | 2 | $0 (2024) |
| Cardiac Dimensions, Inc. | $248.89 | 1 | $0 (2024) |
| AstraZeneca Pharmaceuticals LP | $219.23 | 4 | $0 (2017) |
| Penumbra, Inc. | $60.00 | 1 | $0 (2024) |
Payment History by Year
| Year | Amount | Transactions | Top Company |
|---|---|---|---|
| 2024 | $3,095 | 19 | Edwards Lifesciences Corporation ($1,519) |
| 2023 | $1,265 | 17 | Abbott Laboratories ($571.43) |
| 2022 | $1,603 | 8 | Siemens Medical Solutions USA, Inc. ($1,356) |
| 2021 | $25.77 | 1 | Siemens Medical Solutions USA, Inc. ($25.77) |
| 2020 | $75.69 | 1 | Abbott Laboratories ($75.69) |
| 2019 | $503.52 | 10 | Abbott Laboratories ($415.97) |
| 2018 | $3,535 | 102 | Edwards Lifesciences Corporation ($1,775) |
| 2017 | $4,456 | 119 | Edwards Lifesciences Corporation ($1,885) |
All Payment Transactions
277 individual payment records from CMS Open Payments — Page 1 of 12
| Date | Company | Product | Nature | Form | Amount | Type |
|---|---|---|---|---|---|---|
| 12/11/2024 | Penumbra, Inc. | Indigo System (Device) | Food and Beverage | Cash or cash equivalent | $60.00 | General |
| Category: Peripheral Intervention | ||||||
| 12/06/2024 | Abbott Laboratories | — | Food and Beverage | In-kind items and services | $13.46 | General |
| Category: Structural Heart | ||||||
| 10/28/2024 | PROCYRION, INC. | AORTIX SYSTEM (Device) | Food and Beverage | In-kind items and services | $162.89 | General |
| Category: CARDIAC ARRHYTHMIAS AND HEART FAILURE | ||||||
| 10/23/2024 | Abbott Laboratories | — | Travel and Lodging | In-kind items and services | $458.91 | General |
| Category: Structural Heart | ||||||
| 10/23/2024 | Abbott Laboratories | — | Travel and Lodging | In-kind items and services | $9.02 | General |
| Category: Structural Heart | ||||||
| 10/21/2024 | Abbott Laboratories | — | Travel and Lodging | In-kind items and services | $228.90 | General |
| Category: Structural Heart | ||||||
| 10/21/2024 | Abbott Laboratories | — | Food and Beverage | In-kind items and services | $76.09 | General |
| Category: Structural Heart | ||||||
| 10/21/2024 | Abbott Laboratories | — | Food and Beverage | In-kind items and services | $46.42 | General |
| Category: Structural Heart | ||||||
| 10/21/2024 | Abbott Laboratories | — | Food and Beverage | In-kind items and services | $33.76 | General |
| Category: Structural Heart | ||||||
| 10/21/2024 | Abbott Laboratories | — | Food and Beverage | In-kind items and services | $33.76 | General |
| Category: Structural Heart | ||||||
| 06/12/2024 | Abbott Laboratories | MITRACLIP (Device) | Food and Beverage | In-kind items and services | $25.77 | General |
| Category: Vascular | ||||||
| 04/12/2024 | Abbott Laboratories | MITRACLIP (Device) | Food and Beverage | In-kind items and services | $2.60 | General |
| Category: Vascular | ||||||
| 04/04/2024 | Edwards Lifesciences Corporation | — | Consulting Fee | Cash or cash equivalent | $1,375.00 | General |
| 04/04/2024 | Edwards Lifesciences Corporation | — | Food and Beverage | In-kind items and services | $23.36 | General |
| 03/26/2024 | Novo Nordisk Inc | Rybelsus (Drug), Ozempic | Food and Beverage | In-kind items and services | $17.55 | General |
| Category: Diabetes | ||||||
| 03/05/2024 | PROCYRION, INC. | AORTIX SYSTEM (Device) | Food and Beverage | In-kind items and services | $121.15 | General |
| Category: CARDIAC ARRHYTHMIAS AND HEART FAILURE | ||||||
| 03/05/2024 | Abbott Laboratories | MITRACLIP (Device) | Food and Beverage | In-kind items and services | $36.73 | General |
| Category: Vascular | ||||||
| 03/04/2024 | Cardiac Dimensions, Inc. | — | Food and Beverage | In-kind items and services | $248.89 | General |
| 02/27/2024 | Edwards Lifesciences Corporation | PASCAL (Device) | Food and Beverage | In-kind items and services | $120.73 | General |
| Category: Transcatheter Valve Repair | ||||||
| 11/13/2023 | Edwards Lifesciences Corporation | — | Food and Beverage | In-kind items and services | $61.49 | General |
| 11/13/2023 | Edwards Lifesciences Corporation | — | Food and Beverage | In-kind items and services | $15.14 | General |
| 11/13/2023 | Edwards Lifesciences Corporation | — | Food and Beverage | In-kind items and services | $3.15 | General |
| 10/23/2023 | Ancora Heart, Inc. | AccuCinch (Device) | Food and Beverage | Cash or cash equivalent | $358.25 | General |
| Category: Cardiovascular | ||||||
| 10/18/2023 | CARDIVA MEDICAL, INC. | CARDIVA VASCADE 6/7F VCS (Device) | Food and Beverage | In-kind items and services | $18.11 | General |
| Category: DEVICES | ||||||
| 09/28/2023 | Abbott Laboratories | MITRACLIP (Device) | Food and Beverage | In-kind items and services | $10.71 | General |
| Category: Vascular | ||||||
Medicare Billing by Year
| Year | Procedures | Beneficiaries | Services | Submitted | Medicare Paid |
|---|---|---|---|---|---|
| 2023 | 13 | 412 | 734 | $679,713 | $99,896 |
| 2022 | 10 | 294 | 478 | $442,213 | $63,459 |
| 2021 | 10 | 279 | 488 | $426,258 | $62,902 |
| 2020 | 7 | 184 | 513 | $405,264 | $57,365 |
All Medicare Procedures & Services
40 procedure records from CMS Medicare Utilization — Page 1 of 2
| HCPCS | Description | Setting | Year | Patients | Services | Charges | Medicare Paid | Ratio |
|---|---|---|---|---|---|---|---|---|
| 99233 | Subsequent hospital care with moderate levelof medical decision making, if using time, at least 50 minutes | Facility | 2023 | 51 | 206 | $113,506 | $22,108 | 19.5% |
| 99215 | Established patient office or other outpatient visit, 40-54 minutes | Facility | 2023 | 106 | 166 | $128,318 | $20,138 | 15.7% |
| 99291 | Critical care, first 30-74 minutes | Facility | 2023 | 18 | 70 | $108,150 | $13,188 | 12.2% |
| 99205 | New patient office or other outpatient visit, 60-74 minutes | Facility | 2023 | 59 | 59 | $64,015 | $9,246 | 14.4% |
| 92928 | Insertion of stents with balloon dilation of coronary artery or branch, single artery or branch | Facility | 2023 | 15 | 21 | $75,579 | $8,765 | 11.6% |
| 93460 | Insertion of tube in right and left heart chambers and coronary artery for diagnosis with review by radiologist | Facility | 2023 | 22 | 22 | $44,198 | $6,609 | 15.0% |
| 93458 | Insertion of tube in left lower heart chamber and coronary artery for diagnosis with review by radiologist | Facility | 2023 | 22 | 22 | $35,200 | $4,583 | 13.0% |
| 93451 | Insertion of tube in right heart chambers for measurement | Facility | 2023 | 39 | 40 | $34,722 | $4,063 | 11.7% |
| 99223 | Initial hospital care with moderate level of medical decision making, if using time, at least 75 minutes | Facility | 2023 | 21 | 22 | $23,474 | $3,442 | 14.7% |
| 93505 | Biopsy of heart muscle | Facility | 2023 | 14 | 16 | $20,032 | $3,006 | 15.0% |
| 93750 | Evaluation of lower heart chamber assist device | Facility | 2023 | 11 | 56 | $15,344 | $1,947 | 12.7% |
| 92978 | Ultrasound evaluation of heart blood vessel or graft with review by radiologist, initial vessel | Facility | 2023 | 21 | 21 | $10,584 | $1,677 | 15.8% |
| 93463 | Drug infusion during cardiac catheterization | Facility | 2023 | 13 | 13 | $6,591 | $1,126 | 17.1% |
| 99215 | Established patient office or other outpatient visit, 40-54 minutes | Facility | 2022 | 87 | 136 | $105,128 | $16,593 | 15.8% |
| 99233 | Follow-up hospital inpatient care per day, typically 35 minutes | Facility | 2022 | 46 | 144 | $79,344 | $13,025 | 16.4% |
| 99291 | Critical care, first 30-74 minutes | Facility | 2022 | 18 | 50 | $77,250 | $9,412 | 12.2% |
| 99205 | New patient office or other outpatient visit, 60-74 minutes | Facility | 2022 | 38 | 38 | $41,230 | $6,050 | 14.7% |
| 93458 | Insertion of tube in left lower heart chamber and coronary artery for diagnosis with review by radiologist | Facility | 2022 | 20 | 20 | $32,000 | $4,281 | 13.4% |
| 93460 | Insertion of tube in right and left heart chambers and coronary artery for diagnosis with review by radiologist | Facility | 2022 | 13 | 14 | $28,126 | $4,122 | 14.7% |
| 93505 | Biopsy of heart muscle | Facility | 2022 | 19 | 22 | $28,188 | $3,908 | 13.9% |
| 93451 | Insertion of tube in right heart chambers for measurement | Facility | 2022 | 30 | 30 | $32,294 | $2,996 | 9.3% |
| 99223 | Initial hospital inpatient care per day, typically 70 minutes | Facility | 2022 | 11 | 11 | $11,737 | $1,930 | 16.4% |
| 99221 | Initial hospital inpatient care per day, typically 30 minutes | Facility | 2022 | 12 | 13 | $6,916 | $1,142 | 16.5% |
| 99291 | Critical care delivery critically ill or injured patient, first 30-74 minutes | Facility | 2021 | 44 | 91 | $133,692 | $17,582 | 13.2% |
| 99215 | Established patient outpatient visit, total time 40-54 minutes | Facility | 2021 | 66 | 102 | $78,846 | $12,881 | 16.3% |
About Dr. Richard Cheng, MD
Dr. Richard Cheng, MD is a Cardiovascular Disease healthcare provider based in Los Angeles, California. This provider has been registered with the National Plan and Provider Enumeration System (NPPES) since 11/16/2011. The National Provider Identifier (NPI) number assigned to this provider is 1437426699.
According to the Centers for Medicare & Medicaid Services (CMS) Open Payments database, Dr. Richard Cheng, MD has received a total of $14,559 in payments from pharmaceutical and medical device companies, with $3,095 received in 2024. These payments were reported across 277 transactions from 13 companies. The most common payment nature is "Food and Beverage" ($9,758).
As a Medicare-enrolled provider, Cheng has provided services to 1,169 Medicare beneficiaries, totaling 2,213 services with total Medicare billing of $283,623. Data is available for 4 years (2020–2023), covering 40 distinct procedure/service records.
Practice Information
- Specialty Cardiovascular Disease
- Other Specialties Advanced Heart Failure and Transplant Cardiology, Interventional Cardiology
- Location Los Angeles, CA
- Active Since 11/16/2011
- Last Updated 09/03/2025
- Taxonomy Code 207RC0000X
- Entity Type Individual
- Practice Solo Practitioner
- NPI Number 1437426699
Products in Payments
- Edwards SAPIEN 3 Transcatheter Heart Valve (Device) $3,101
- Resolute (Device) $1,786
- CoreValve Evolut (Device) $737.48
- Mitra Clip system (Device) $570.86
- AccuCinch (Device) $560.68
- MITRACLIP (Device) $506.43
- AORTIX SYSTEM (Device) $284.04
- GENERAL STENTS (Device) $235.50
- BRILINTA (Drug) $219.23
- GENERAL STRUCTURAL HEART (Device) $205.56
- WATCHMAN (Device) $188.52
- CARDIOMEMS (Device) $177.66
- ACUSON SC2000 Diagnostic Ultrasound System (Device) $149.92
- PASCAL (Device) $149.51
- Euphora (Device) $148.25
- GENERAL - STRUCTURAL HEART (Device) $97.93
- Edwards SAPIEN 3 Ultra Transcatheter Heart Valve (Device) $76.30
- GENERAL ATHERECTOMY (Device) $76.27
- GUIDEZILLA (Device) $68.30
- CROSSBOSS (Device) $68.30
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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