https://doctransparency.com/doctor/tx/allen/binoy-sheth-1710346101
Medicare Enrolled

Dr. Binoy Sheth, DPM

Podiatrist · Allen, TX
Practice pattern: Clinical Cardiology— Primarily office-based clinical cardiology
Mixed engagement
977 RAINTREE CIR STE 120, Allen, TX 75013
8324839278
In practice since 2016 (10 years)
NPI: 1710346101 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. Sheth 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 →
Are you Dr. Sheth? Request a correction or review of any data shown here. Provider portal →

What this data tells you about Dr. Sheth

Dr. Binoy Sheth is a podiatrist in Allen, TX, with 10 years in practice. Based on federal Medicare data, Dr. Sheth performed 1,356 Medicare services across 848 unique beneficiaries.

Between the years covered by Open Payments, Dr. Sheth received a total of $120,871 from 21 pharmaceutical and/or device companies across 136 individual payments. These payments are legal, publicly disclosed under the federal Sunshine Act, and common in podiatrist. The majority of payments are classified as financial or ownership interests (royalties, licensing fees, or investment interests). Patients may wish to discuss these relationships with their provider.

The Data Coverage level for Dr. Sheth is Very High — reflecting how much public federal data is available about this provider. This is not a quality rating. Patients are encouraged to use this data as one of several factors when choosing a healthcare provider.

✓ 10 years in practice▲ Top 36% volume in TX$ $120,871 industry payments

Medicare Practice Summary

Medicare Utilization ↗
1,356
Medicare services
Top 36% in TX for podiatrist
848
Unique beneficiaries
$60
Avg. Medicare payment
Medicare patients only (65+ / disabled) · Not a quality rating · How to read this →
~136 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.

ProcedureVolumeAvg. paidAvg. submitted
Office visit, established patient (20-29 min)531$63$215
Toenail/fingernail removal, 6+ nails240$31$122
Foot X-ray, 3+ views182$24$88
New patient office visit (30-44 min)151$76$299
Removal of skin and tissue, 20.0 sq cm or less104$93$341
Complete ultrasound study of arm and leg arteries43$88$363
New patient office visit (45-59 min)36$120$418
Office visit, established patient (30-39 min)32$92$315
Testing of autonomic (sympathetic) nervous system function20$95$330
Permanent removal fingernail or toenail17$111$428
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 ↗
$120,871
Total received (2018-2024)
Avg $17,267/year across 7 years
Top 2% in TX for podiatrist
21
Companies
136
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.

Financial / Ownership
Ownership or investment interests, royalties, and licensing fees
$116,000 (96.0%)
Meals & Travel
Food, beverages, travel, and lodging — typically low-value
$2,940 (2.4%)
Speaking / Promotional
Speaker programs, honoraria, and industry-sponsored educational events
$1,931 (1.6%)

Payment trend by year

Annual totals from pharmaceutical and medical device companies.

2024
$382
2023
$331
2022
$365
2021
$48,806
2020
$69,194
2019
$853
2018
$938

Payments by company (2024)

Consulting
Speaking
Meals & Travel
Research
Nvision Biomedical Technologies, Inc.
$116,000
Pylant Medical
$1,931
Stryker Corporation
$855
Horizon Therapeutics plc
$643
Smith+Nephew, Inc.
$332
Nevro Corp.
$245
TREACE MEDICAL CONCEPTS, INC.
$200
Horizon Pharma plc
$128
Medtronic, Inc.
$118
PruGen, Inc. Pharmaceuticals
$95
DePuy Synthes Sales Inc.
$65
Bone Support Inc.
$37
Averitas Pharma Inc.
$36
Ortho Dermatologics, a division of Bausch Health US, LLC
$32
Orthofix Medical, Inc.
$29
Smith & Nephew, Inc.
$25
Abbott Laboratories
$23
Iroko Pharmaceuticals, LLC
$22
Sandoz Inc.
$20
CPM Medical Consultants, LLC
$18
Organogenesis Inc.
$15
Top 3 companies account for 98.3% of total payments
Associated products mentioned in payments ›
ALLOGRAFT · ALLOGRAFT BIO-IMPLANTS · ALLOWRAP · ANCHORAGE · APEXICON E · CERAMENTBONE VOID FILLER · DUEXIS · ETERNA · Expandable Subtalar Joint implant · FUSEFORCE · FuseFix · GRAFIX PL · HEALIX KNOTLESS PEEK · Hat-Trick · INTELLIS ADAPTIVESTIM · IntegraEndoscopic Gastro Release System · JUBLIA · KRYSTEXXA · LAPIPLASTY SYSTEM · LUZU LULICONAZOLE · MINIRAIL · NA · ORTHOLOC 2 LAPIFUSE · PROPHECY · Physio-Stim · Physio-Stim Osteogenesis Stimulator · Puraply · QUTENZA · RAYOS · Radian · STRAVIX · Santyl · Senza · VARIAX · VIMOVO · VIVLODEX
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 →

Payments are distributed across multiple categories with no single dominant type. Total industry engagement is in the top 2% for podiatrist in TX.

Equivalent to $8,914 per 100 Medicare services performed
Looking for a podiatrist in Allen?
Compare podiatrists in the Allen area by procedure volume, costs, and industry payment transparency.
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Geographic Context

Podiatrists within 10 mi
71
Per 100K population
6.4
County median income
$117,588
Nearest hospital
TEXAS HEALTH PRESBYTERIAN HOSPITAL ALLEN
0.0 mi

Data Sources

Provider Registry NPPESWeekly updates
Medicare Enrollment PECOSMonthly updates
Practice Data Medicare Util.Annual (CY lag)
Industry Payments Open PaymentsCY 2024
Disciplinary History— Not publicN/A

This provider has data in 4 of 4 available federal datasets, with a Data Coverage level of Very High. This measures how much public data is available about a provider — not how good they are. How we calculate this →

Summary

Dr. Sheth is a clinical cardiology specialist, with moderate Medicare volume, and high industry engagement (mixed engagement, top 2%).

This summary is auto-generated from federal data. It describes data availability and patterns — not clinical quality. Read our methodology →

Frequently Asked Questions

Is Dr. Sheth experienced with office visit, established patient (20-29 min)?
Based on Medicare claims data, Dr. Sheth performed 531 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. Sheth receive payments from pharmaceutical companies?
Yes. Dr. Sheth received a total of $120,871 from 21 companies across 136 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. Sheth's costs compare to other podiatrists in Allen?
Dr. Sheth'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. Sheth) 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. The Transparency Score measures 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 →