Gregory Velat, MD
Neurological Surgery · Daytona Beach, FLNPI 1417031691
Payments from drug & device makers
What this record shows
The money is spread across several categories — food and beverage (60.0%), travel and lodging and education — rather than concentrated in one kind of arrangement. 35 manufacturers reported payments, led by Cerapedics Inc. at 32.4% of the total. Reporting peaked in 2022 at $3,359 and has fallen 79.8% since, to $679 in 2025.
Across 120 payments — averaging $68.75 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Cerapedics Inc.$3K
- Si-bone, Inc.$1K
- Orthofix Medical, Inc.$906
- Stryker$705
- Medtronic$245
- Johnson & Johnson$230
- plus $2K from 29 others
What the payments were for
- Travel & lodging$3,16138%
- Food & beverage$4,94860%
- Education$1412%
Most of this is food and beverage — typically meals provided during product presentations at a clinic or hospital. Nationally that is the single largest category of reported payments by count.
General payments by program year
Who reported the general payments
Companies are grouped under their corporate parent — a single manufacturer often files under several CMS reporting entities. Research and ownership payments are counted separately and are not in this table.
| Company | Payments | Total |
|---|---|---|
| Cerapedics Inc. | 9 | $2,674 |
| Si-bone, Inc. | 7 | $1,372 |
| Orthofix Medical, Inc. | 12 | $906 |
| Stryker | 11 | $705 |
| Medtronic(2 entities) | 6 | $245 |
| Johnson & Johnson(2 entities) | 7 | $230 |
| Zimmer Biomet | 10 | $228 |
| Integrity Implants Inc. Dba Accelus | 2 | $191 |
| Ulrich Medical USA, Inc. | 2 | $173 |
| Prosidyan, Inc | 1 | $160 |
| AstraZeneca | 8 | $143 |
| Lemaitre Vascular, Inc. | 7 | $123 |
| NICO Corporation | 1 | $115 |
| Radius Health, Inc. | 5 | $106 |
| Surgalign Spine Technologies, Inc. | 2 | $98 |
| Nevro Corp. | 3 | $89 |
| GE HealthCare | 1 | $81 |
| Zimvie Inc. | 3 | $75 |
| Integra Lifesciences Corporation | 3 | $72 |
| Theragen, Inc. | 3 | $65 |
| EBI, LLC | 2 | $60 |
| Microtransponder, Inc. | 1 | $53 |
| Axogen | 2 | $45 |
| Highridge Medical LLC | 1 | $35 |
| Vertex | 1 | $24 |
| Spinal Elements, Inc. | 1 | $23 |
| Boston Scientific | 1 | $23 |
| CSL Behring | 1 | $20 |
| Carlsmed, Inc. | 1 | $19 |
| Bioventus LLC | 1 | $17 |
| Innovation Technologies Inc | 1 | $16 |
| Smith+Nephew | 1 | $16 |
| Convatec Inc. | 1 | $16 |
| Arteriocyte Medical Systems, Inc. | 1 | $16 |
| Reel Surgical, Inc. | 1 | $14 |
What the payments were tied to
Products named in the reported payments. Only payments of $100 or more are attributed here — the typical reported payment nationally is a meal worth about $16, and listing those product-by-product would be noise.
- I-FACTOR PEPTIDE ENHANCED BONE GRAFT$2,429
- IFUSE IMPLANT SYSTEM$1,216
- Spinal-Stim$474
- Cervical-STIM$461
- SONOPET IQ$315
- FIBERGRAFT$160
- O-ARM$137
- SPINEJACK$128
- NA$119
- mild Device Kit$115
How this compares
$8,250 in reported general payments places this provider in the 55th percentile of 556 neurological surgery providers in Florida.
Medicare billing
What this is not: this is the amount Original Medicare Part B allowed for services this provider billed in 2024. It is not their income. It excludes Medicare Advantage — now more than half of all Medicare enrollment — along with Medicaid and all commercial insurance, and it is gross practice revenue before staff, rent, supplies and malpractice premiums. CMS also suppresses any figure covering ten or fewer patients, so low-volume providers appear smaller than they are.
Most prescribed under Part D
| Drug | Claims | Cost to plans & patients |
|---|---|---|
| Oxycodone-AcetaminophenOxycodone Hcl/Acetaminophen | 41 | $554 |
| Gabapentin | 49 | $469 |
| Methylprednisolone | 23 | $229 |
| Pregabalin | 15 | $193 |
| Celecoxib | 12 | $104 |
| Hydrocodone-AcetaminophenHydrocodone/Acetaminophen | 18 | $103 |
| Methocarbamol | 16 | $87 |
Paid to pharmacies, not to this prescriber.
Other neurological surgery in Daytona Beach
- Patrick HanDaytona Beach$381K
- Stephen ParkerJacksonville$18.7M
- Eric PetersonMiami$10.1M
- Brian SnellingBoca Raton$10M
- Kim ManwaringOrlando$5M
- Paul SawinWinter Park$3M
- John MainOcala$2.8M
- Michael WangMiami$2.2M
- Andrew CannestraJacksonville$1.6M
- Rohit VasanTampa$1.5M
Where these figures come from
- Payments: CMS Open Payments, program years 2019–2025 (publication P06302026_06032026).
- Billing: Medicare Physician & Other Practitioners, data year 2024. Original Medicare Part B only.
- Identity: NPPES NPI Registry, July 2026.