Peter Theut, MD
Sports Medicine · Grand Rapids, MINPI 1720076219
Payments from drug & device makers
What this record shows
This record is dominated by education: $1,815 of the $2,811 with a category attached, or 64.6%. Medwest Associates accounts for 73.8% of it on its own, with 7 other manufacturers making up the rest. Reporting peaked in 2022 at $1,323 and has fallen 59.8% since, to $532 in 2025.
Across 19 payments — averaging $147.97 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Medwest Associates$2K
- Zak Ortho$332
- Stryker$145
- Zimmer Biomet$121
- Arthrex$55
- Johnson & Johnson$42
- plus $40 from 2 others
What the payments were for
- Travel & lodging$1927%
- Food & beverage$80529%
- Education$1,81565%
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 |
|---|---|---|
| Medwest Associates | 7 | $2,076 |
| Zak Ortho | 3 | $332 |
| Stryker | 1 | $145 |
| Zimmer Biomet | 2 | $121 |
| Arthrex | 3 | $55 |
| Johnson & Johnson | 1 | $42 |
| Baxter Healthcare | 1 | $24 |
| Embody, Inc. | 1 | $16 |
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.
- MAKO$145
- NANOTITE$107
- Sidus Stem-Free Shoulder$107
How this compares
$2,811 in reported general payments places this provider in the 60th percentile of 145 sports medicine providers in Michigan.
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 |
|---|---|---|
| Amoxicillin | 113 | $231 |
| Hydrocodone-AcetaminophenHydrocodone/Acetaminophen | 22 | $99 |
| Cyclobenzaprine Hcl | 23 | $53 |
| Tramadol Hcl | 17 | $44 |
| Clindamycin Hcl | 16 | $34 |
Paid to pharmacies, not to this prescriber.
Other sports medicine in Grand Rapids
- Kendall HamiltonGrand Rapids$61K
- Carl WierksGrand Rapids$59K
- James LeboltGrand Rapids$14K
- Thomas MatelicGrand Rapids$10K
- Erik HedlundGrand Rapids$3K
- Tariq AwanFarmington Hills$113K
- Michael YusafAuburn Hills$101K
- Jack PinneyMidland$67K
- William KestoNovi$62K
- Manuel SchubertYpsilanti$42K
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.