Medicare Enrolled
Dr. Michael Banas, MD
Cardiovascular Disease · Buffalo, NY
Practice pattern: Cardiac & Electrophysiology
— Practice combining cardiac and electrophysiology services
Low-engagement
Very High
DATA COVERAGE
Data in 4 of 4 federal sources
Measures public federal data availability — not provider quality
Informational, not a quality rating.
This page presents federal public records about Dr. Banas from CMS (NPPES, Open Payments, Medicare Provider Utilization, PECOS). It is not medical advice, an endorsement, or a judgment of clinical quality. Always consult the provider directly and a licensed clinician for medical decisions. Read methodology →
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What this data tells you about Dr. Banas
Dr. Michael Banas is a cardiovascular disease specialist in Buffalo, NY, with 20 years of NPI registration. Based on federal Medicare data, Dr. Banas performed 2,799 Medicare services across 2,220 unique beneficiaries.
Between the years covered by Open Payments, Dr. Banas received a total of $7,669 from 44 pharmaceutical and/or device companies across 467 individual payments. These payments are legal, publicly disclosed under the federal Sunshine Act, and common in cardiovascular disease. Most payments are for meals and travel — low-value interactions common across virtually all practicing physicians. Patients may wish to discuss these relationships with their provider.
The Data Coverage level for Dr. Banas is Very High — reflecting how much public federal data is available about this provider. Patients are encouraged to use this data as one of several factors when choosing a healthcare provider.
✓ 20 years in practice
▲ Top 34% volume in NY
$7,669 industry payments
Medicare Practice Summary
Medicare Utilization ↗2,799
Medicare services
Top 34% in NY for cardiovascular disease
2,220
Unique beneficiaries
$60
Avg. Medicare payment
Medicare patients only (65+ / disabled) · How to read this →
~140 Medicare services per year of practice
Top procedures by volume
Ranked by number of services performed for Medicare patients. Avg. submitted charge is what the provider billed; avg. Medicare payment is what CMS paid.
| Procedure | Volume | Avg. paid | Avg. submitted |
|---|---|---|---|
| Office visit, established patient (30-39 min) A follow-up office visit for an existing patient lasting between 30 and 39 minutes. The visit involves medical evaluation and management of the patient's condition. |
513 | $86 | $145 |
| EKG interpretation and report A standard electrocardiogram test that records the heart's electrical activity using at least 12 leads. The service includes a professional interpretation of the results and a written report. |
437 | $6 | $30 |
| Electrocardiogram (EKG), 12-lead A standard heart rhythm test using at least 12 leads to record electrical activity. A healthcare provider interprets the results and provides a written report. |
285 | $10 | $40 |
| Regadenoson injection (Lexiscan) for heart stress test An injection of regadenoson, a medication used to stress the heart during diagnostic testing. |
248 | $42 | $100 |
| Echocardiogram, transthoracic An ultrasound of the heart that uses color to show blood flow, rate, direction, and valve function. |
207 | $134 | $401 |
| Technetium Tc-99m tetrofosmin diagnostic injection A diagnostic injection of Technetium Tc-99m tetrofosmin used for imaging studies. |
142 | $82 | $120 |
| Exercise or drug-induced heart stress test with ECG A heart stress test performed using exercise or medication while monitoring the electrocardiogram under physician supervision and review. |
85 | $46 | $165 |
| Perflutren lipid microspheres injection Injection of perflutren lipid microspheres, measured per milliliter. |
80 | $34 | $140 |
| New patient office visit (45-59 min) An initial office visit for a new patient lasting between 45 and 59 minutes. This code covers the total time spent by the physician or qualified healthcare professional on the date of the encounter. |
73 | $120 | $235 |
| Nuclear stress test of heart muscle A nuclear medicine imaging test that evaluates blood flow to the heart muscle at rest and during stress using a special camera. |
70 | $329 | $725 |
| Ultrasound of head and neck blood flow, bilateral An ultrasound exam that uses sound waves to visualize and assess blood flow in the vessels of both the head and the neck. |
52 | $131 | $325 |
| Remote pacemaker monitoring, 90 days Remote assessment of a pacemaker system, including single, dual, multiple lead, or leadless devices, performed up to 90 days apart. |
49 | $20 | $70 |
| Remote pacemaker/defibrillator monitoring, 90 days Remote evaluation of a pacemaker or implantable defibrillator system within 90 days of the last check. |
38 | $15 | $60 |
| Continuous ECG monitoring with symptom tracking, up to 30 days This procedure involves continuous electrocardiogram monitoring for up to 30 days. It includes symptom monitoring to correlate heart activity with patient-reported events. |
37 | $6 | $65 |
| Continuous ECG monitoring with transmission and review Continuous electrocardiogram monitoring for up to 30 days with symptom tracking. The data is transmitted and reviewed by a healthcare professional who provides a report. |
37 | $17 | $75 |
| Aminophylline injection, up to 250 mg Administration of aminophylline medication via injection for a dose of up to 250 mg. |
37 | $7 | $25 |
| Exercise or drug-induced heart stress test with ECG A heart stress test performed using exercise or medication while an electrocardiogram is monitored under physician supervision. |
34 | $15 | $50 |
| Exercise or drug-induced heart stress test with ECG A heart stress test performed using exercise or medication while monitoring the electrocardiogram, with physician review of the results. |
34 | $10 | $75 |
| Pacemaker programming, dual lead system Adjustment and configuration of a dual-lead pacemaker device to ensure proper operation and settings. |
34 | $52 | $125 |
| Stress echocardiogram with ECG monitoring An ultrasound of the heart performed while monitoring heart rhythm during rest, exercise, or medication-induced stress, followed by a review and report of the findings. |
33 | $169 | $450 |
| Echocardiogram, transthoracic An ultrasound test that uses sound waves to create images of the heart's blood flow, valves, and chambers. |
32 | $38 | $85 |
| Echocardiogram with color Doppler An ultrasound of the heart that uses color imaging to visualize blood flow, measure flow rate, and assess valve function. |
32 | $17 | $45 |
| Ultrasound of heart with contrast injection An ultrasound of the heart is performed while injecting an X-ray contrast agent to improve the clarity of the images. |
29 | $25 | $75 |
| Ultrasound of abdominal aorta An imaging test that uses sound waves to create pictures of the abdominal aorta, the large blood vessel that carries blood from the heart to the lower body. |
25 | $103 | $150 |
| Remote evaluation of implantable defibrillator system Remote assessment of a single, dual, or multiple lead implantable defibrillator system within 90 days of the previous evaluation. |
24 | $21 | $125 |
| Ultrasound of leg arteries or grafts An imaging test that uses sound waves to create pictures of the blood vessels in the legs or any surgical grafts present. |
18 | $153 | $375 |
| Heart muscle strain imaging | 16 | $29 | $55 |
| 2-day continuous ECG monitoring A continuous electrocardiogram recording that captures heart activity over a 48-hour period. This test helps detect irregular heart rhythms or other cardiac issues that may not appear during a standard, short-term ECG. |
15 | $14 | $50 |
| Programming of multiple lead implantable defibrillator system Adjustment and testing of the settings for an implanted heart device with multiple leads to ensure proper function. |
15 | $68 | $145 |
| Ultrasound of arm or leg veins An ultrasound exam of the veins in the arm or leg. The test uses sound waves to check blood flow and may include compression and other maneuvers. |
15 | $143 | $300 |
| Evaluation of implantable heart and blood vessel monitoring system This procedure involves checking the function and data of an implanted device used to monitor heart and blood vessel activity. |
14 | $29 | $65 |
| Ultrasound of arm and leg arteries This procedure uses sound waves to create images of the blood vessels in the arms and legs. It allows healthcare providers to examine the structure and blood flow within these arteries. |
14 | $56 | $155 |
| Smoking cessation counseling, 4-10 minutes A brief counseling session focused on helping patients quit smoking and tobacco use. The provider spends 4 to 10 minutes discussing strategies and support for cessation. |
14 | $14 | $25 |
| 2-day continuous ECG with professional review A two-day continuous electrocardiogram recording that includes a review by a healthcare professional. |
11 | $13 | $60 |
How to read this data: This reflects Medicare patients only (typically 65+). Payment amounts are what Medicare paid the provider, not your out-of-pocket cost. A higher procedure volume generally indicates more experience with that procedure.
14.3% high complexity
34.4% medium
51.3% routine
Industry Payment Transparency
Open Payments through 2024 ↗$7,669
Total received (2018-2024)
Avg $1,096/year across 7 years
Top 25% in NY for cardiovascular disease
A higher payment rank reflects disclosed industry relationships (consulting, research, speaking) common among subspecialists — not wrongdoing.
44
Companies
467
Individual payments
All payments are legal and publicly reported · Not evidence of wrongdoing · How to interpret →
Payment profile
Industry payments classified by relationship type. Not all payments are equal — research and consulting reflect different relationships than speaking programs or meals.
Meals & Travel
Food, beverages, travel, and lodging — typically low-value
$7,669 (100.0%)
Payment trend by year
Annual totals from pharmaceutical and medical device companies.
2024
$1,758
2023
$1,501
2022
$1,338
2021
$868
2020
$707
2019
$696
2018
$800
Payments by company (2024)
Consulting
Speaking
Meals & Travel
Research
Novartis Pharmaceuticals Corporation
$246
Kiniksa Pharmaceuticals International, plc
$231
E.R. Squibb & Sons, L.L.C.
$167
Amgen Inc.
$147
ZOLL Services LLC (A/K/A ZOLL LifeCor Corp)
$140
AstraZeneca Pharmaceuticals LP
$109
PFIZER INC.
$103
Merck Sharp & Dohme LLC
$100
Lexicon Pharmaceuticals, Inc.
$71
HEARTFLOW, INC.
$44
Regeneron Healthcare Solutions, Inc.
$40
Edwards Lifesciences Corporation
$37
Alnylam Pharmaceuticals Inc.
$37
ABIOMED
$36
Novo Nordisk Inc
$34
CVRx, Inc.
$32
Impulse Dynamics (USA) Inc.
$30
Esperion Therapeutics, Inc.
$29
Itamar Medical Inc
$28
iRhythm Technologies, Inc.
$27
Boston Scientific Corporation
$24
Recor Medical Inc
$24
SCPHARMACEUTICALS INC.
$21
Top 3 companies account for 36.6% of 2024 payments
All-time payments by company (2018-2024) ›
Amgen Inc.
$1,574
Novartis Pharmaceuticals Corporation
$951
PFIZER INC.
$538
E.R. Squibb & Sons, L.L.C.
$463
Merck Sharp & Dohme LLC
$379
Janssen Pharmaceuticals, Inc
$332
ZOLL Services LLC (A/K/A ZOLL LifeCor Corp)
$299
AstraZeneca Pharmaceuticals LP
$279
Kiniksa Pharmaceuticals International, plc
$231
Boehringer Ingelheim Pharmaceuticals, Inc.
$168
Itamar Medical Inc
$149
Kowa Pharmaceuticals America, Inc.
$138
Alnylam Pharmaceuticals Inc.
$137
SANOFI-AVENTIS U.S. LLC
$128
Edwards Lifesciences Corporation
$126
Actelion Pharmaceuticals US, Inc.
$124
Kiniksa Pharmaceuticals, Ltd.
$122
Bayer HealthCare Pharmaceuticals Inc.
$119
GE HEALTHCARE
$113
Impulse Dynamics (USA) Inc.
$106
NOVARTIS PHARMACEUTICALS CORPORATION
$102
BOSTON SCIENTIFIC CORPORATION
$102
iRhythm Technologies, Inc.
$97
Lexicon Pharmaceuticals, Inc.
$86
SCPHARMACEUTICALS INC.
$80
Abbott Laboratories
$71
ABIOMED
$68
Regeneron Healthcare Solutions, Inc.
$63
Gilead Sciences, Inc.
$54
Medtronic Vascular, Inc.
$53
Kestra Medical Technology Services, Inc.
$51
Novo Nordisk Inc
$47
HEARTFLOW, INC.
$44
Boston Scientific Corporation
$43
Esperion Therapeutics, Inc.
$42
CVRx, Inc.
$32
Preventice Services, LLC
$29
Recor Medical Inc
$24
Lantheus Medical Imaging, Inc.
$22
Lundbeck LLC
$22
Daiichi Sankyo Inc.
$19
Amarin Pharma Inc.
$15
Medtronic, Inc.
$14
Allergan Inc.
$13
Top 3 companies account for 39.9% of all-time payments
Associated products mentioned in payments ›
Arcalyst · Assure WCD · BG Mini Plus · BRILINTA · BYSTOLIC · Barostim Neo System · CAMZYOS · CARDIOMEMS · CHANTIX · CareLink Express · Corlanor · Definity · ELIQUIS · ENTRESTO · EVKEEZA · Edwards SAPIEN 3 Transcatheter Heart Valve · Edwards SAPIEN 3 Ultra Transcatheter Heart Valve · FARXIGA · FFRct · FUROSCIX · GENERAL PAIN MANAGEMENT · HeartMate 3 Left Ventricular Dev · INJECTAFER · Impella · Inpefa · JARDIANCE · Kerendia · LEQVIO · LOKELMA · LifeVest · Livalo · MULTAQ · NEXLETOL · NORTHERA · ONPATTRO · OPTIMIZER · Optimizer · Ozempic · PARADISE RENAL DENERVATION SYSTEM · PRALUENT · PRALUENT ALIROCUMAB INJECTION · Quadra Allure MP RF CRT Pacemkr · Repatha · Rybelsus · SAPIEN 3 Ultra RESILIA · SYNERGY · UPTRAVI · VENASEAL · VERQUVO · VYNDAQEL · Vascepa · WATCHMAN FLX · WatchPATONE · XARELTO · ZIO XT Patch · Zio monitor
Should you be concerned? Payments from pharmaceutical and device companies are legal and common — 57% of U.S. physicians receive at least one. They often reflect legitimate consulting, research, or education. What matters is whether a recommended drug or device appears in your doctor's payment records. If so, consider asking your doctor about it. How to interpret this data →
Most payments (100%) are for meals and travel — low-value interactions that are common across virtually all practicing physicians.
Geographic Context
Cardiologists within 10 mi
94
Per 100K population
9.9
County median income
$71,175
Nearest hospital
UPSTATE NEW YORK VA HEALTHCARE SYSTEM (WESTERN NY VA HEALTHCARE SYSTEM)
0.0 mi
0.0 mi
Data Sources
| Provider Registry | ✓ NPPES | Weekly updates |
| Medicare Enrollment | ✓ PECOS | Monthly updates |
| Practice Data | ✓ Medicare Util. | Annual (CY lag) |
| Industry Payments | ✓ Open Payments | CY 2024 |
| Disciplinary History | — Not public | N/A |
This provider has data in 4 of 4 available federal datasets, with a Data Coverage level of Very High. This reflects how much public data is available about a provider. How we calculate this →
Summary
Dr. Banas is a cardiac & electrophysiology specialist, with moderate Medicare volume, with low-engagement industry engagement, with 20 years of NPI registration.
This summary is auto-generated from federal data, describing data availability and patterns. Read our methodology →
Frequently Asked Questions
Is Dr. Banas experienced with office visit, established patient (30-39 min)?
Based on Medicare claims data, Dr. Banas performed 513 office visit, established patient (30-39 min) services. Research suggests that higher procedure volume is often associated with better outcomes, particularly for complex procedures. Note that Medicare data only captures patients aged 65 and older, so the total practice volume across all patients is likely higher.
Does Dr. Banas receive payments from pharmaceutical companies?
Yes. Dr. Banas received a total of $7,669 from 44 companies across 467 individual payments. These payments are legal, publicly disclosed under the federal Sunshine Act, and common among physicians — 57% of all U.S. physicians receive at least one industry payment. Patients may wish to ask their doctor about these relationships, especially if a recommended drug or device appears in the payment records.
How do Dr. Banas's costs compare to other cardiologists in Buffalo?
Dr. Banas's average Medicare payment per service is $60. Note that these figures represent what Medicare pays, not your out-of-pocket cost, which depends on your specific insurance plan and deductible. Procedure-level data above shows both what was submitted and what Medicare paid for each service type.
What does Data Coverage mean?
Data Coverage (currently Very High for Dr. Banas) measures how much public federal data is available about a provider. It is not a quality rating. A "Very High" or "High" level means the provider has data across multiple federal sources (NPPES, PECOS, Medicare Utilization, Open Payments), indicating a long track record of practice, Medicare participation, and industry disclosure. A "Low" or "Moderate" level may simply mean the provider is newer, does not see Medicare patients, or has not received any industry payments — none of which are inherently negative. Read our full methodology →
Is this data up to date?
Each data source has its own update cycle. Provider registry data (NPPES) is updated weekly. Medicare enrollment (PECOS) is updated monthly. Medicare practice data has a ~2 year lag — the most recent available is typically 2 years prior. Industry payment data (Open Payments) is published annually, usually in June, covering the prior calendar year. We display the data date prominently on each section so you always know how current it is. See our data freshness policy →
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About this page
All data on this page is sourced verbatim from public federal records published by the U.S. Centers for Medicare & Medicaid Services (CMS): NPPES ↗, Open Payments ↗, Medicare Provider Utilization ↗, and PECOS. Publication is mandated by the Physician Payments Sunshine Act (§6002 ACA, 42 U.S.C. §1320a-7h) and the Freedom of Information Act.
This page is not medical advice, an endorsement, a recommendation, or a quality rating. Data Coverage reflects data completeness — how much federal information exists for this provider — not clinical performance, patient outcomes, or quality of care. Always verify information directly with the provider and consult a licensed clinician before making medical decisions.
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