Medicare Enrolled

Dr. Sagar Rakshit, M.D.

Hematology & Oncology · New Hyde Park, NY
Practice pattern: Clinical Cardiology — Primarily office-based clinical cardiology
Low-engagement
450 LAKEVILLE RD, New Hyde Park, NY 11042
5167348900
In practice since 2016 (10 years)
NPI: 1528419181 verify on NPPES ↗
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. Rakshit 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. Rakshit

Dr. Sagar Rakshit is a hematology & oncology specialist in New Hyde Park, NY, with 10 years of NPI registration. Based on federal Medicare data, Dr. Rakshit performed 881 Medicare services across 461 unique beneficiaries.

Between the years covered by Open Payments, Dr. Rakshit received a total of $1,019 from 30 pharmaceutical and/or device companies across 56 individual payments. These payments are legal, publicly disclosed under the federal Sunshine Act, and common in hematology & oncology. 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. Rakshit 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.

✓ 10 years in practice ▲ Top 45% volume in NY $1,019 industry payments

Medicare Practice Summary

Medicare Utilization ↗
881
Medicare services
Top 45% in NY for hematology & oncology
461
Unique beneficiaries
$73
Avg. Medicare payment
Medicare patients only (65+ / disabled) · How to read this →
~88 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 (20-29 min)
An office visit for an existing patient lasting between 20 and 29 minutes. The visit involves medical evaluation and management of the patient's condition.
344 $48 $82
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.
304 $74 $121
New patient office visit, complex (60-74 min) 57 $138 $225
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.
54 $89 $169
Office visit, established patient, complex (40-54 min)
An office or outpatient visit for an existing patient lasting between 40 and 54 minutes. This level of service is determined by the total time spent on the date of the encounter.
54 $112 $178
Hospital follow-up visit, moderate complexity
Follow-up hospital visit for an existing patient involving moderate medical decision making. The visit requires at least 35 minutes of time spent on the date of service.
23 $59 $176
Initial hospital admission, high complexity
Initial hospital inpatient or observation care for a new patient involving high-level medical decision making, with at least 75 minutes total time on the date of the encounter.
17 $136 $481
Initial hospital admission, moderate complexity
Initial hospital inpatient or observation care for a new patient involving moderate-level medical decision making, with at least 55 minutes total time on the date of the encounter.
16 $102 $326
New patient office visit (30-44 min)
An initial office visit for a new patient lasting between 30 and 44 minutes. This code is used when the total time spent on the date of the encounter falls within this range.
12 $64 $102
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.

Industry Payment Transparency

Open Payments through 2024 ↗
$1,019
Total received (2023-2024)
Avg $509/year across 2 years
Bottom 43% in NY for hematology & oncology
30
Companies
56
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
$1,004 (98.5%)
Speaking / Promotional
Speaker programs, honoraria, and industry-sponsored educational events
$15 (1.5%)

Payment trend by year

Annual totals from pharmaceutical and medical device companies.

2024
$482
2023
$537

Payments by company (2024)

Consulting
Speaking
Meals & Travel
Research
Incyte Corporation
$55
PFIZER INC.
$48
Tempus AI, Inc
$42
AstraZeneca Pharmaceuticals LP
$39
Merck Sharp & Dohme LLC
$37
Janssen Biotech, Inc.
$36
Daiichi Sankyo Inc.
$33
EMD Serono, Inc.
$25
PharmaEssentia USA Corporation
$25
Eisai Inc.
$24
Genentech USA, Inc.
$21
Coherus Biosciences Inc.
$20
ARRAY BIOPHARMA INC
$18
Novartis Pharmaceuticals Corporation
$16
Aveo Pharmaceuticals, Inc.
$15
Takeda Pharmaceuticals U.S.A., Inc.
$15
Lilly USA, LLC
$13
Top 3 companies account for 30.1% of 2024 payments
All-time payments by company (2023-2024) ›
AstraZeneca Pharmaceuticals LP
$94
Daiichi Sankyo Inc.
$90
PFIZER INC.
$76
Janssen Biotech, Inc.
$71
Incyte Corporation
$68
Genentech USA, Inc.
$59
Eisai Inc.
$47
PharmaEssentia USA Corporation
$46
Tempus AI, Inc
$42
Merck Sharp & Dohme LLC
$37
Novartis Pharmaceuticals Corporation
$29
Seagen Inc.
$28
TerSera Therapeutics LLC
$27
Exelixis Inc.
$26
EMD Serono, Inc.
$25
Blueprint Medicines Corporation
$22
ImmunoGen, Inc.
$20
SERVIER PHARMACEUTICALS LLC
$20
Coherus Biosciences Inc.
$20
ARRAY BIOPHARMA INC
$18
GENZYME CORPORATION
$18
Celgene Corporation
$17
GlaxoSmithKline, LLC.
$17
TAIHO ONCOLOGY, INC.
$17
E.R. Squibb & Sons, L.L.C.
$16
Aveo Pharmaceuticals, Inc.
$15
Takeda Pharmaceuticals U.S.A., Inc.
$15
Lilly USA, LLC
$13
G1 Therapeutics, Inc.
$13
Gilead Sciences, Inc.
$13
Top 3 companies account for 25.6% of all-time payments
Associated products mentioned in payments ›
ALUNBRIG · AYVAKIT · BESREMI · CABOMETYX · CARVYKTI · COSELA · Columvi · DARZALEX · ENHERTU · Elahere · Enhertu · FOTIVDA · IBRANCE · INJECTAFER · Itovebi · JAKAFI · JAYPIRCA · JEMPERLI · JEVTANA · KEYTRUDA · KISQALI · LONSURF · LORBRENA · Lenvima · Lunsumio · MONJUVI · OPDIVO · PADCEV · Pomalyst · TIVDAK · TUKYSA · Tibsovo · Trodelvy · Udenyca · XTANDI · Xermelo · ZYNYZ
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 (98%) are for meals and travel — low-value interactions that are common across virtually all practicing physicians.

Looking for a hematology & oncology specialist in New Hyde Park?
Compare hematology & oncology specialists in the New Hyde Park area by procedure volume, costs, and industry payment transparency.
Browse hematology & oncology specialists nearby

Geographic Context

Hematology & oncology specialists within 10 mi
686
Per 100K population
49.4
County median income
$143,408
Nearest hospital
LONG ISLAND JEWISH MEDICAL CENTER
1.3 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. Rakshit is a clinical cardiology specialist, with moderate Medicare volume, with low-engagement industry engagement.

This summary is auto-generated from federal data, describing data availability and patterns. Read our methodology →

Frequently Asked Questions

Is Dr. Rakshit experienced with office visit, established patient (20-29 min)?
Based on Medicare claims data, Dr. Rakshit performed 344 office visit, established patient (20-29 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. Rakshit receive payments from pharmaceutical companies?
Yes. Dr. Rakshit received a total of $1,019 from 30 companies across 56 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. Rakshit's costs compare to other hematology & oncology specialists in New Hyde Park?
Dr. Rakshit's average Medicare payment per service is $73. 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. Rakshit) 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 →
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.

Provider corrections: Provider portal · Privacy questions: Privacy Policy · Terms: Terms of Use · Methodology: Methodology

Data Disclaimer — Data sourced from the Centers for Medicare & Medicaid Services (CMS): National Plan and Provider Enumeration System (NPPES), Open Payments program, Medicare Provider Utilization and Payment Data, and Provider Enrollment & Certification data (PECOS). Published under the Freedom of Information Act (FOIA). This website is not affiliated with, endorsed by, or authorized by CMS, HHS, or the U.S. Government. Data may contain errors as reported to CMS by providers and reporting entities. Payments from industry are legal and do not indicate wrongdoing. Medicare data reflects only patients aged 65+ or those with qualifying disabilities. For corrections, contact CMS directly. This information does not constitute medical advice and should not be used as the sole basis for choosing a healthcare provider. Procedure descriptions use plain language and do not reference CPT® codes, which are copyrighted by the American Medical Association. Full methodology → · Report a data error → · Privacy policy →