Michael Verde, MD
Physical Medicine & Rehabilitation · Toms River, NJNPI 1891910832
Payments from drug & device makers
What this record shows
Almost everything reported here is food and beverage — 100.0% of the total across 128 separate payments, which is the pattern of a clinician who attends manufacturer presentations rather than one with a consulting arrangement. It is spread thinly across 20 manufacturers, the largest accounting for just 22.9% — the pattern of someone who eats at a lot of different presentations. Reporting peaked in 2019 at $869 and has fallen 86.5% since, to $118 in 2025. Among physical medicine & rehabilitation clinicians in NJ with any reported payments, this total sits in the top 10% — high for the specialty, which is a reason to read the composition above rather than the number alone.
Across 128 payments — averaging $27.82 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Vertos Medical, Inc.$816
- Nevro Corp.$547
- SPR Therapeutics, Inc$360
- Medtronic$344
- Amgen$232
- Boston Scientific$201
- plus $1K from 14 others
Across 1 payment — averaging $50,000 each. An ownership or investment interest held by the physician or an immediate family member.
- Lazurite Inc.$50K
What the payments were for
- Food & beverage$3,561100%
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 |
|---|---|---|
| Vertos Medical, Inc. | 20 | $816 |
| Nevro Corp. | 27 | $547 |
| SPR Therapeutics, Inc | 9 | $360 |
| Medtronic(2 entities) | 9 | $344 |
| Amgen | 18 | $232 |
| Boston Scientific | 6 | $201 |
| Trice Medical, Inc. | 2 | $147 |
| Zimmer Biomet | 2 | $131 |
| Si-bone, Inc. | 3 | $130 |
| Johnson & Johnson | 7 | $128 |
| Globus Medical | 1 | $118 |
| Abbott | 5 | $84 |
| Pacira Therapeutics, Inc. | 5 | $73 |
| Pacira Pharmaceuticals Incorporated | 4 | $66 |
| Bioventus LLC | 2 | $48 |
| Orthogenrx Inc. | 3 | $47 |
| Nalu Medical, Inc. | 2 | $37 |
| Avanos Medical | 1 | $24 |
| Vertex | 1 | $16 |
| Ferring Pharmaceuticals 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.
How this compares
$3,561 in reported general payments places this provider in the 90th percentile of 434 physical medicine & rehabilitation providers in New Jersey.
See all physical medicine & rehabilitation providers in New Jersey →
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 |
|---|---|---|
| OxycontinOxycodone Hcl | 13 | $6,145 |
| Gabapentin | 47 | $870 |
| Tramadol Hcl | 116 | $550 |
| Oxycodone-AcetaminophenOxycodone Hcl/Acetaminophen | 15 | $206 |
| Hydrocodone-AcetaminophenHydrocodone/Acetaminophen | 11 | $97 |
| Methylprednisolone | 14 | $57 |
| Meloxicam | 13 | $10 |
Paid to pharmacies, not to this prescriber.
Other physical medicine & rehabilitation in Toms River
- Steven EscaldiEdison$70K
- Yekyung KongWest Orange$61K
- Joseph IbrahimBayonne$50K
- Steven KirshblumWest Orange$47K
- Joseph ValenzaChester$29K
- Christine GreissEdison$28K
- Bianca MartinezManasquan$25K
- Jason SmithCedar Knolls$19K
- Sandeep RathiLakewood$14K
- Anand PooleriCamden$13K
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.