Monica Nichols, MD
Psychiatry · Colorado Springs, CONPI 1851488795
Payments from drug & device makers
What this record shows
Almost everything reported here is food and beverage — 95.6% of the total across 130 separate payments, which is the pattern of a clinician who attends manufacturer presentations rather than one with a consulting arrangement. 12 manufacturers reported payments, led by Sunovion Pharmaceuticals Inc. at 26.3% of the total. Reporting peaked in 2019 at $1,188 and has fallen 95.4% since, to $55 in 2025. Among psychiatry clinicians in CO 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 130 payments — averaging $17.56 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Sunovion Pharmaceuticals Inc.$600
- Otsuka America Pharmaceutical, Inc.$449
- Neurocrine Biosciences, Inc.$247
- Johnson & Johnson$244
- Vanda Pharmaceuticals Inc.$227
- Alkermes, Inc.$176
- plus $338 from 6 others
What the payments were for
- Food & beverage$2,18396%
- Education$1004%
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 |
|---|---|---|
| Sunovion Pharmaceuticals Inc. | 38 | $600 |
| Otsuka America Pharmaceutical, Inc. | 30 | $449 |
| Neurocrine Biosciences, Inc. | 3 | $247 |
| Johnson & Johnson | 9 | $244 |
| Vanda Pharmaceuticals Inc. | 8 | $227 |
| Alkermes, Inc. | 9 | $176 |
| AbbVie | 20 | $127 |
| Indivior Inc. | 4 | $71 |
| Takeda Pharmaceuticals U.S.A., Inc. | 5 | $61 |
| ITI, Inc. (d/b/a Intra-cellular Therapies, Inc.) | 2 | $38 |
| Boston Scientific | 1 | $29 |
| Lundbeck LLC | 1 | $12 |
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.
- INGREZZA$230
- ABILIFY MAINTENA$125
How this compares
$2,283 in reported general payments places this provider in the 90th percentile of 559 psychiatry providers in Colorado.
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 |
|---|---|---|
| VraylarCariprazine Hcl | 28 | $13,393 |
| Clozapine | 43 | $4,044 |
| Lurasidone Hcl | 19 | $2,676 |
| Ramelteon | 15 | $608 |
| Olanzapine | 42 | $531 |
| Olanzapine OdtOlanzapine | 11 | $346 |
| Desvenlafaxine Succinate ErDesvenlafaxine Succinate | 31 | $286 |
| Lamotrigine | 50 | $262 |
| Gabapentin | 15 | $203 |
| Lithium Carbonate | 12 | $187 |
| Benztropine Mesylate | 16 | $124 |
| Trazodone Hcl | 38 | $118 |
| Topiramate | 39 | $114 |
| Sertraline Hcl | 12 | $104 |
| Lorazepam | 18 | $86 |
Paid to pharmacies, not to this prescriber.
Companies that both paid and supply prescribed drugs
These companies both reported payments to this provider and make drugs the provider prescribed under Medicare Part D in 2024. For most specialties this overlap is expected — a cardiologist who is paid by a cardiology drugmaker also treats heart disease. It is shown so the reader can see it, not because it implies anything on its own.
| Company | Paid to this provider | Part D cost of their drugs |
|---|---|---|
| AbbVieVraylar | $127 | $13,39328 claims |
Reading this fairly. The Part D column is what drug plans and patients paid pharmacies — this provider received none of it, and it reflects how many patients they treat and what those drugs cost. Against peers, this provider's reported payments sit in the 90th percentile of 559 psychiatry providers in Colorado.
Other psychiatry in Colorado Springs
- Jonathan CoveyColorado Springs$8K
- Kwang-Soo ParkColorado Springs$3K
- Kevin SnyderColorado Springs$3K
- Frederick MichelColorado Springs$3K
- Kevin BatterbeeColorado Springs$3K
- Peter MarlinColorado Springs$2K
- Ian GeisColorado Springs$2K
- Kevin KilimannColorado Springs$2K
- Brandon BakerColorado Springs$2K
- John HardyPueblo$828K
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.