Nikhil Verma, MD
Sports Medicine · Chicago, ILNPI 1659350353
Payments from drug & device makers
Across 398 payments — averaging $2576.10 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Arthrex$394K
- Orthofix Medical, Inc.$222K
- Stryker$207K
- Smith+Nephew$194K
- Graymont Professional Products IP, LLC$5K
- Relievant Medsystems, Inc.$694
- plus $3K from 18 others
What the payments were for
- Royalty or licence$395,97461%
- Consulting fees$193,09130%
- Speaking & faculty fees$40,4856%
- Travel & lodging$8,9421%
- Food & beverage$8,1961%
- Education$940%
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 |
|---|---|---|
| Arthrex | 122 | $393,937 |
| Orthofix Medical, Inc. | 14 | $221,862 |
| Stryker | 164 | $207,355 |
| Smith+Nephew | 54 | $193,801 |
| Graymont Professional Products IP, LLC | 1 | $5,000 |
| Relievant Medsystems, Inc. | 2 | $694 |
| Abbott | 8 | $641 |
| Spinal Simplicity, LLC | 5 | $574 |
| BREG, Inc | 4 | $341 |
| Nalu Medical, Inc. | 3 | $222 |
| Ossur Americas, Inc. | 1 | $124 |
| Foundation Fusion Solutions, LLC | 2 | $121 |
| Nevro Corp. | 2 | $116 |
| Pinnacle, Inc | 2 | $100 |
| Medwest Associates | 1 | $95 |
| Pacira Pharmaceuticals Incorporated | 3 | $92 |
| Axonics, Inc. | 1 | $43 |
| Vericel Corporation | 2 | $38 |
| Salix Pharmaceuticals, A Division Of Bausch Health US, LLC | 2 | $37 |
| Vertos Medical, Inc. | 1 | $24 |
| Johnson & Johnson | 1 | $24 |
| IBSA Pharma Inc. | 1 | $18 |
| Pacira Therapeutics, Inc. | 1 | $16 |
| Corium, LLC | 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.
- ARTHREX$523,713
- Biceptor$86,376
- ALPHAVENT$53,007
- INSPACE$36,581
- Acufex Director$34,171
- Mini-Open Latarjet$27,811
- AR-19021TT$26,430
- ICONIX$21,839
- AEQUALIS$19,250
- Latarjet System$18,525
- MAKO$11,113
- REUNION$6,050
- True Zero Knee$5,000
- CROSSFLOW$4,950
- NA$3,595
- NEW PRODUCT DEVELOPMENT$1,650
- Intracept$694
- 1788$596
- PROCLAIM$528
- BLUEPRINT PATIENT SPECIFIC INSTRUMENTATION$488
How this compares
$1,025,290 in reported general payments places this provider in the 95th percentile of 233 sports medicine providers in Illinois.
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.
Other sports medicine in Chicago
- Gregory NicholsonChicago$6.7M
- Grant GarriguesChicago$3.1M
- Brian ColeChicago$3.1M
- Brian ForsytheChicago$2M
- Shane NhoChicago$668K
- Adam YankeChicago$388K
- Vehniah TjongChicago$190K
- Aravind AthivirahamChicago$138K
- Nicholas WeberChicago$110K
- Prakash JayabalanChicago$78K
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.