Medicare Enrolled

Dr. Bolaji Bankole, M.D.

Psychiatry · Staten Island, NY
Practice pattern: Clinical Cardiology — Primarily office-based clinical cardiology
Low-engagement
355 BARD AVE, Staten Island, NY 10310
7188181234
In practice since 2013 (13 years)
NPI: 1801133269 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. Bankole 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. Bankole

Dr. Bolaji Bankole is a psychiatry specialist in Staten Island, NY, with 13 years of NPI registration. Based on federal Medicare data, Dr. Bankole performed 3,120 Medicare services across 767 unique beneficiaries.

Between the years covered by Open Payments, Dr. Bankole received a total of $7,565 from 25 pharmaceutical and/or device companies across 475 individual payments. These payments are legal, publicly disclosed under the federal Sunshine Act, and common in psychiatry. 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. Bankole 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.

✓ 13 years in practice ▲ Top 2% volume in NY $7,565 industry payments

Medicare Practice Summary

Medicare Utilization ↗
3,120
Medicare services
Top 2% in NY for psychiatry
767
Unique beneficiaries
$55
Avg. Medicare payment
Medicare patients only (65+ / disabled) · How to read this →
~240 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
Psychotherapy session, 45 min
A 45-minute session of psychotherapy involving talk therapy to address emotional, behavioral, or mental health concerns.
1,119 $69 $120
Office visit, established patient (10-19 min)
An office visit for an existing patient lasting 10 to 19 minutes. The visit involves medical evaluation and management of the patient's condition.
618 $31 $85
Drug injection, under skin or into muscle
A procedure involving the administration of a medication or substance via injection into the subcutaneous tissue or muscle.
382 $10 $55
Psychotherapy session, 1 hour
A one-hour psychotherapy session involving talk therapy to address mental health concerns.
369 $101 $150
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.
332 $59 $90
Psychotherapy, 30 minutes
A 30-minute session of psychotherapy involving talk therapy to address mental health concerns.
201 $43 $70
Office visit for established patient
An office visit for an existing patient that may not require the healthcare professional to be present.
61 $12 $55
Psychiatric diagnostic evaluation with medical services
A psychiatric assessment that includes medical services to evaluate mental health conditions.
21 $132 $274
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.
17 $81 $110
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 ↗
$7,565
Total received (2018-2024)
Avg $1,081/year across 7 years
Top 8% in NY for psychiatry
A higher payment rank reflects disclosed industry relationships (consulting, research, speaking) common among subspecialists — not wrongdoing.
25
Companies
475
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
$7,326 (96.8%)
Speaking / Promotional
Speaker programs, honoraria, and industry-sponsored educational events
$239 (3.2%)

Payment trend by year

Annual totals from pharmaceutical and medical device companies.

2024
$756
2023
$704
2022
$1,396
2021
$785
2020
$757
2019
$1,656
2018
$1,510

Payments by company (2024)

Consulting
Speaking
Meals & Travel
Research
ABBVIE INC.
$194
Alkermes, Inc.
$102
Janssen Pharmaceuticals, Inc
$98
Neurocrine Biosciences, Inc.
$97
Axsome Therapeutics, Inc.
$71
Teva Pharmaceuticals USA, Inc.
$65
Otsuka America Pharmaceutical, Inc.
$41
ITI, Inc. (d/b/a Intra-Cellular Therapies, Inc.)
$39
Indivior Inc.
$28
E.R. Squibb & Sons, L.L.C.
$22
Top 3 companies account for 52.0% of 2024 payments
All-time payments by company (2018-2024) ›
Janssen Pharmaceuticals, Inc
$1,175
Alkermes, Inc.
$1,024
Otsuka America Pharmaceutical, Inc.
$788
Neurocrine Biosciences, Inc.
$628
Sunovion Pharmaceuticals Inc.
$559
ABBVIE INC.
$510
Lundbeck LLC
$452
Teva Pharmaceuticals USA, Inc.
$404
Vanda Pharmaceuticals Inc.
$402
AbbVie Inc.
$393
ITI, Inc.
$220
Indivior Inc.
$216
Allergan Inc.
$166
Allergan, Inc.
$138
Axsome Therapeutics, Inc.
$125
Noven Therapeutics, LLC
$92
Takeda Pharmaceuticals U.S.A., Inc.
$68
ITI, Inc. (d/b/a Intra-Cellular Therapies, Inc.)
$39
Lilly USA, LLC
$32
Almatica Pharma LLC
$32
Neuronetics, Inc.
$25
Shire North American Group Inc
$23
E.R. Squibb & Sons, L.L.C.
$22
Eisai Inc.
$21
Novo Nordisk Inc
$11
Top 3 companies account for 39.5% of all-time payments
Associated products mentioned in payments ›
ABILIFY ASIMTUFII · ABILIFY MAINTENA · ARISTADA · AUSTEDO · Aristada 441 mg · Austedo XR · Auvelity · BRINTELLIX · CAPLYTA · COBENFY · Dayvigo · EMGALITY · Fanapt · GRALISE · HETLIOZ · INGREZZA · INVEGA SUSTENNA · INVEGA TRINZA · LATUDA · LYBALVI · MYDAYIS · NEUROSTAR TMS THERAPY · PERSERIS · REXULTI · SECUADO · SPRAVATO · TRINTELLIX · Tresiba · Trintellix · UZEDY · VIVITROL · VRAYLAR · VYVANSE · Vivitrol · Vivitrol 380 mg
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 (97%) are for meals and travel — low-value interactions that are common across virtually all practicing physicians. Total industry engagement is in the top 8% for psychiatry in NY.

Looking for a psychiatry specialist in Staten Island?
Compare psychiatrists in the Staten Island area by procedure volume, costs, and industry payment transparency.
Browse psychiatrists nearby

Geographic Context

Psychiatrists within 10 mi
4,688
Per 100K population
951.4
County median income
$98,290
Nearest hospital
RICHMOND UNIVERSITY MEDICAL CENTER
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. Bankole is a clinical cardiology specialist, with above-average Medicare volume (top 2% in NY), with low-engagement industry engagement in the top 8% of NY peers.

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

Frequently Asked Questions

Is Dr. Bankole experienced with psychotherapy session, 45 min?
Based on Medicare claims data, Dr. Bankole performed 1,119 psychotherapy session, 45 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. Bankole receive payments from pharmaceutical companies?
Yes. Dr. Bankole received a total of $7,565 from 25 companies across 475 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. Bankole's costs compare to other psychiatrists in Staten Island?
Dr. Bankole's average Medicare payment per service is $55. 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. Bankole) 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 →