Richard Ferro, MD
Sports Medicine · Wilmington, NCNPI 1962536516
Payments from drug & device makers
What this record shows
The money is spread across several categories — food and beverage (47.4%), travel and lodging and education — rather than concentrated in one kind of arrangement. 5 manufacturers reported payments, led by Abbott at 52.6% of the total. 2025 is the largest year on record at $225, 2.5 times the $88 reported in 2019. That places this record below the midpoint for sports medicine clinicians in NC, where the typical reported total is $1,175.
Across 21 payments — averaging $32.57 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Abbott$360
- Amgen$214
- Bioventus LLC$77
- Orthofix Medical, Inc.$21
- Genentech USA, Inc.$12
Across 27 payments — averaging $1496.88 each. Payments tied to a research study. These frequently flow through the physician to a hospital or research institution rather than to the physician personally.
- GSK$40K
What the payments were for
- Travel & lodging$22533%
- Food & beverage$32447%
- Education$13520%
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 |
|---|---|---|
| Abbott | 3 | $360 |
| Amgen | 13 | $214 |
| Bioventus LLC | 3 | $77 |
| Orthofix Medical, Inc. | 1 | $21 |
| Genentech USA, Inc. | 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.
- PROCLAIM$216
- ENSITE PRECISION$135
How this compares
$684 in reported general payments places this provider in the 40th percentile of 158 sports medicine providers in North Carolina.
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 |
|---|---|---|
| Diclofenac Sodium | 32 | $1,014 |
| Albuterol Sulfate HfaAlbuterol Sulfate | 23 | $536 |
| Cephalexin | 33 | $307 |
| Celecoxib | 18 | $285 |
| Dextroamphetamine-AmphetamineDextroamphetamine/Amphetamine | 12 | $222 |
| Amoxicillin-Clavulanate PotassAmoxicillin/Potassium Clav | 20 | $207 |
| Ciprofloxacin Hcl | 16 | $183 |
| Nystatin | 12 | $147 |
| Hydroxyzine Hcl | 15 | $136 |
| Mupirocin | 14 | $131 |
| Fluconazole | 27 | $123 |
| Azithromycin | 25 | $104 |
| Amoxicillin | 25 | $99 |
| Meloxicam | 25 | $69 |
| Ondansetron Hcl | 14 | $57 |
Paid to pharmacies, not to this prescriber.
Other sports medicine in Wilmington
- Shawn HockerWilmington$38K
- Scott DartWilmington$21K
- Dale BoydWilmington$15K
- John O'MalleyWilmington$15K
- Robert BoswellWilmington$7K
- William SuttonWilmington$3K
- Brian WatermanWinston Salem$360K
- Allston StubbsWinston Salem$184K
- Robert BoykinAsheville$126K
- Tally EddingsAsheville$109K
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.