Peter Kelleher, MD
Sports Medicine · Bozeman, MTNPI 1518185982
Payments from drug & device makers
What this record shows
The money is spread across several categories — food and beverage (51.1%), education and travel and lodging — rather than concentrated in one kind of arrangement. 8 manufacturers reported payments, led by Arthrex at 56.0% of the total. Reporting peaked in 2020 at $1,075 and has fallen 80.9% since, to $205 in 2025.
Across 26 payments — averaging $73.82 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Arthrex$1K
- Sioux Surgical Inc$449
- Stryker$193
- Zimmer Biomet$74
- Smith+Nephew$51
- Heron Therapeutics, Inc.$38
- plus $39 from 2 others
What the payments were for
- Travel & lodging$34718%
- Food & beverage$98051%
- Education$59231%
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 |
|---|---|---|
| Arthrex | 7 | $1,075 |
| Sioux Surgical Inc | 7 | $449 |
| Stryker(2 entities) | 4 | $193 |
| Zimmer Biomet | 3 | $74 |
| Smith+Nephew | 1 | $51 |
| Heron Therapeutics, Inc. | 2 | $38 |
| Vericel Corporation | 1 | $22 |
| Reprise Biomedical, Inc. | 1 | $17 |
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.
- T2$121
How this compares
$1,919 in reported general payments places this provider in the 60th percentile of 23 sports medicine providers in Montana.
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 Bozeman
- Brandon BeamerBozeman$72K
- Mark DeibertBozeman$5K
- Alexander LegrandBozeman$3K
- Timothy ObrienBozeman$2K
- Michael FerrellBozeman$1K
- Erik AdamsBozeman$935
- John CampbellBozeman$557
- Phillip SteeleHelena$75K
- Joshua BowlerBillings$25K
- Jessica HartGreat Falls$8K
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.