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Nikhil Palekar, M.D.

NPI 1487805503ActiveIndividual· Psychiatry & Neurology, Psychiatry· Brooklyn, NY

Psychiatry & Neurology, Psychiatry (M.D.) with Stony Brook Psychiatric Associates University Faculty Practice Corpor, practicing in Brooklyn, New York. Their prescriptions cost Medicare Part D more than their services did: $126,779 for 1,002 claims, against $52,617 paid for services in 2024. Otsuka America Pharmaceutical, Inc. was the largest of 3 companies reporting payments in 2025, $49,520 in all, mostly speaking and faculty fees. Lists Suny/Stony Brook University Hospital as a hospital affiliation.

Overview

NPI1487805503
StatusActive
Entity typeIndividual
CredentialM.D.
Sole proprietorNo
NPI issuedOct 7, 2008
Last updated in NPPESOct 26, 2009

Specialties and licenses

About license numbers in NPPES

Exclusion screening

ListResultDetails
HHS-OIG LEIE · Oct 9, 2026No matchChecked by NPI and by name + state
North Carolina Medicaid · Nov 4, 2026No match—
New York OMIG · Nov 4, 2026No match—
Ohio Medicaid · Nov 4, 2026No match—
Pennsylvania Medicheck · Nov 4, 2026No match—
Washington HCA · Nov 4, 2026No match—

Official OIG search · How matching works ·Bulk check a roster

Medicare

Enrollment (PECOS)Enrolled Practitioner - Geriatric Psychiatry (NY)
Accepts assignmentYes (participating)

Medicare services in 2024

Medicare patients102
Services billed605 across 7 procedure codes
Paid by Medicare$52,617

Part D prescriptions in 2024

Prescriptions (claims)1,002 · 2,443 30-day fills
Patients119
Total drug cost$126,779
Generic share97% of claims

Medicare sources and data years

Education and affiliations

Graduation year2003
Medicare specialtyGeriatric Psychiatry
Secondary specialtiesPsychiatry
TelehealthOffers telehealth

Medical group

Hospital affiliation

Source: CMS Care Compare

Industry payments (Open Payments)

  • 2025$49,520 · 43 payments from 3 companies
  • 2024$25,342 · 39 payments from 4 companies

Top paying companies in 2025

CompanyAmountPayments
Otsuka America Pharmaceutical, Inc.$36,57825
Eisai Inc.$12,82717
Biogen, Inc.$115.331

What the 2025 payments were for

  • Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program$31,050 · 11 payments
  • Compensation for serving as faculty or as a speaker for a medical education program$8,480 · 8 payments
  • Travel and Lodging$5,758 · 8 payments
  • Consulting Fee$2,915 · 3 payments
  • Food and Beverage$1,316 · 13 payments

Receiving payments does not imply wrongdoing. What Open Payments covers ·original records

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