Nicholas Theodore, MD
Neurological Surgery · Baltimore, MDNPI 1982699567
Payments from drug & device makers
What this record shows
The money is spread across several categories — consulting fees (39.2%), speaking fees and royalties or licence payments — rather than concentrated in one kind of arrangement. Globus Medical accounts for 73.1% of it on its own, with 7 other manufacturers making up the rest. Among neurological surgery clinicians in MD with any reported payments, this total sits in the top 5% — high for the specialty, which is a reason to read the composition above rather than the number alone.
Across 309 payments — averaging $2694.22 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Globus Medical$609K
- Depuy Synthes Products, Inc.$207K
- Johnson & Johnson$6K
- Bioventus LLC$4K
- Misonix Inc$4K
- Cerapedics Inc.$1K
- plus $781 from 2 others
What the payments were for
- Royalty or licence$207,37325%
- Consulting fees$326,26039%
- Speaking & faculty fees$232,76328%
- Travel & lodging$59,4567%
- Food & beverage$6,6631%
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 |
|---|---|---|
| Globus Medical | 287 | $608,944 |
| Depuy Synthes Products, Inc. | 9 | $207,373 |
| Johnson & Johnson(2 entities) | 3 | $5,899 |
| Bioventus LLC | 3 | $4,419 |
| Misonix Inc | 1 | $4,000 |
| Cerapedics Inc. | 3 | $1,100 |
| Synthes GmbH | 1 | $500 |
| Stryker | 2 | $281 |
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.
- Excelsius - GPS$232,349
- MATRIX$207,373
- ExcelsiusGPS Robotic Navigation System$104,502
- EXCELSIUS$72,349
- Quartex$21,038
- Precision TLIF$14,907
- Excelsius Robotics System$14,302
- Globus XR Navigation System$13,200
- Excelsius3D Imaging System$9,637
- GLB Navigation System$9,050
- INDEPENDENCE$8,800
- REVERE Corrective Osteotomy$8,417
- Oscillating High Speed Drill$7,700
- DuraPro$6,825
- Navigation System AR$5,775
- VISTASEAL$5,760
- NeXus$4,000
- CALIBER$1,922
- I-FACTOR PEPTIDE ENHANCED BONE GRAFT$1,100
- 3D Planning$1,100
How this compares
$832,515 in reported general payments places this provider in the 95th percentile of 133 neurological surgery providers in Maryland.
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 |
|---|---|---|
| Gabapentin | 18 | $152 |
Paid to pharmacies, not to this prescriber.
Other neurological surgery in Baltimore
- Alexander CoonBaltimore$2.7M
- Charles SansurBaltimore$1.8M
- Daniel SciubbaBaltimore$789K
- Henry BremBaltimore$353K
- Ira GaronzikBaltimore$297K
- James ConwayBaltimore$273K
- Gustavo PradillaBaltimore$164K
- Timothy WithamBaltimore$141K
- Charles ParkBaltimore$89K
- William AndersonBaltimore$77K
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.