Ronak Patel, MD
Sports Medicine · Hinsdale, ILNPI 1205092939
Payments from drug & device makers
What this record shows
The money is spread across several categories — speaking fees (45.3%), consulting fees and travel and lodging — rather than concentrated in one kind of arrangement. 23 manufacturers reported payments, led by Smith+Nephew at 59.7% of the total. 2025 is the largest year on record at $41,482, 3.4 times the $12,199 reported in 2019. Among sports medicine clinicians in IL 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 192 payments — averaging $674.32 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Smith+Nephew$77K
- Vericel Corporation$42K
- Arthrex$4K
- Miach Orthopaedics, Inc.$2K
- Medwest Associates$2K
- Anika Therapeutics, Inc.$680
- plus $1K from 17 others
Across 17 payments — averaging $3885.13 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.
- Smith+Nephew$51K
- Stryker$15K
What the payments were for
- Consulting fees$45,97736%
- Speaking & faculty fees$58,63145%
- Travel & lodging$16,84213%
- Food & beverage$3,9963%
- Education$4,0243%
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 |
|---|---|---|
| Smith+Nephew | 83 | $77,350 |
| Vericel Corporation | 43 | $42,262 |
| Arthrex | 27 | $3,510 |
| Miach Orthopaedics, Inc. | 2 | $2,475 |
| Medwest Associates | 3 | $2,164 |
| Anika Therapeutics, Inc. | 1 | $680 |
| Trice Medical, Inc. | 2 | $224 |
| Fidia Pharma USA Inc. | 9 | $182 |
| Avanos Medical | 2 | $135 |
| Ferring Pharmaceuticals Inc. | 3 | $77 |
| Stryker | 1 | $56 |
| Pacira Therapeutics, Inc. | 3 | $47 |
| Almatica Pharma LLC | 2 | $46 |
| Collegium Pharmaceutical, Inc. | 2 | $40 |
| Abbott | 1 | $40 |
| Next Science LLC | 1 | $37 |
| Arthrosurface Incorporated | 1 | $30 |
| Medtronic | 1 | $25 |
| Vertex | 1 | $25 |
| Curonix LLC | 1 | $18 |
| Bausch & Lomb, A Division Of Bausch Health US, LLC | 1 | $16 |
| Baudax Bio Inc. | 1 | $16 |
| Lemaitre Vascular, 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.
- MACI$35,999
- SPATIAL FRAME$16,928
- Bone Anchors with Arthroscopic Delivery System$14,285
- NOVOSTITCH$11,183
- Bioinductive Implant with Arthroscopic Delivery System - Medium$10,342
- CAP-FIX$7,721
- Healicoil$5,089
- Coblation Wands$2,250
- NOVOSTITCH PRO$1,371
- FAST-FIX FLEX$1,371
- BIOSURE REGENESORB$1,371
- ACUFEX Knee$1,371
- Meniscal Root Repair System$1,371
- ULTRABUTTON$1,234
- PICO 7 Single Use Negative Pressure Wound Therapy$802
- TACTOSET$680
- Acufex Director$600
- Endobutton$600
- Fast-Fix 360$225
- Double Endobutton$221
How this compares
$129,470 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 Hinsdale
- Benjamin DombDes Plaines$16.3M
- Gregory NicholsonChicago$6.7M
- Grant GarriguesChicago$2.5M
- Brian ColeChicago$2.1M
- Brian ForsytheChicago$1.9M
- Nikhil VermaChicago$647K
- Shane NhoChicago$521K
- Jourdan CancienneJoliet$224K
- Vehniah TjongChicago$173K
- Aravind AthivirahamChicago$138K
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.