Medicare Enrolled
Dr. Nikhil Verma, M.D.
Sports Medicine (Orthopaedic Surgery) Physician · Chicago, IL
Practice pattern: Clinical Cardiology
— Primarily office-based clinical cardiology
Very High
DATA COVERAGE
Data in 4 of 4 federal sources
Measures public federal data availability — not provider quality
Informational, not a quality rating.
This page presents federal public records about Dr. Verma from CMS (NPPES, Open Payments, Medicare Provider Utilization, PECOS). It is not medical advice, an endorsement, or a judgment of clinical quality. Always consult the provider directly and a licensed clinician for medical decisions. Read methodology →
Are you Dr. Verma?
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What this data tells you about Dr. Verma
Dr. Nikhil Verma is a sports medicine physician in Chicago, IL, with 20 years of NPI registration. Based on federal Medicare data, Dr. Verma performed 1,745 Medicare services in 2023. These records do not provide a deduplicated patient total.
Between the years covered by Open Payments, Dr. Verma received a total of $516,535 from 24 pharmaceutical and/or device companies across 351 payment records. A record can group multiple payments. These transfers are publicly reported through CMS Open Payments. Disclosure alone does not establish their effect on care. A reliable breakdown by payment category is not available in this snapshot. Patients may wish to discuss these relationships with their provider.
The Data Coverage level for Dr. Verma is Very High — reflecting how much public federal data is available about this provider. Patients are encouraged to use this data as one of several factors when choosing a healthcare provider.
✓ 20 years of NPI registration
▲ Top 50% volume in IL
$516,535 industry payments
Medicare Practice Summary — 2023
Medicare Utilization ↗1,745
Medicare services
Top 50% in IL for sports medicine (orthopaedic surgery) physician
Not available
Unique patients (not deduplicated)
$65
Avg. Medicare payment
Medicare patients only (65+ / disabled) · How to read this →
Top procedures by volume
Ranked by number of services performed for Medicare patients. Avg. submitted charge is what the provider billed; avg. Medicare payment is what CMS paid.
| Procedure | Volume | Avg. paid | Avg. submitted |
|---|---|---|---|
| Extended-release steroid injection (Zilretta) An injection of triamcinolone acetonide using a preservative-free, extended-release microsphere formulation. The dosage is measured in milligrams. |
640 | $12 | $68 |
| Shoulder X-ray, 2+ views An X-ray imaging test of the shoulder joint using at least two different angles to visualize the bones and surrounding structures. |
195 | $27 | $151 |
| Injection, methylprednisolone acetate, 40 mg | 192 | $6 | $30 |
| Office visit, established patient (20-29 min) An office visit for an existing patient lasting between 20 and 29 minutes. The visit involves medical evaluation and management of the patient's condition. |
170 | $71 | $215 |
| Joint injection, major joint Removal of fluid from a large joint and/or injection of medication into the joint space. |
118 | $56 | $312 |
| Knee X-ray, 4 or more views An imaging test using X-rays to create multiple pictures of the knee joint from different angles. |
58 | $32 | $176 |
| New patient office visit (30-44 min) An initial office visit for a new patient lasting between 30 and 44 minutes. This code is used when the total time spent on the date of the encounter falls within this range. |
54 | $89 | $320 |
| New patient office visit (45-59 min) An initial office visit for a new patient lasting between 45 and 59 minutes. This code covers the total time spent by the physician or qualified healthcare professional on the date of the encounter. |
43 | $134 | $490 |
| Knee X-ray, 3 views An X-ray imaging test of the knee joint that captures three different angles to evaluate the bones and surrounding structures. |
40 | $26 | $140 |
| Office visit, established patient (30-39 min) A follow-up office visit for an existing patient lasting between 30 and 39 minutes. The visit involves medical evaluation and management of the patient's condition. |
40 | $94 | $318 |
| CT scan of arm, without contrast A CT scan of the arm that uses X-rays to create detailed images of the arm's internal structures without the use of contrast dye. |
36 | $115 | $1,197 |
| MRI of arm joint, without contrast An MRI scan uses magnetic fields and radio waves to create detailed images of the arm joint. This specific procedure is performed without the use of a contrast dye. |
27 | $142 | $2,288 |
| Arthroscopic shoulder debridement A minimally invasive procedure to remove damaged or excess tissue from the shoulder joint using a small camera and instruments inserted through tiny incisions. |
24 | $143 | $4,623 |
| Total shoulder joint prosthetic repair Surgical replacement of the shoulder joint with a prosthetic device. This procedure involves removing damaged joint components and inserting artificial parts to restore function. |
20 | $1,242 | $10,574 |
| Arthroscopic rotator cuff repair A minimally invasive surgery to repair torn shoulder tendons using a small camera and instruments inserted through tiny incisions. |
19 | $885 | $9,818 |
| Arthroscopic shoulder surgery for bone shaving and ligament repair A minimally invasive procedure using a small camera to shave part of the shoulder bone and repair a ligament. |
17 | $137 | $4,817 |
| Endoscopic release of biceps tendon A minimally invasive procedure using an endoscope to release the tendon that connects the biceps muscle to the shoulder. |
14 | $416 | $5,725 |
| Pelvis X-ray, 1-2 views An X-ray imaging test of the pelvic area using one to two different angles to visualize the bones and joints. |
13 | $18 | $109 |
| Office visit, established patient (10-19 min) An office visit for an existing patient lasting 10 to 19 minutes. The visit involves medical evaluation and management of the patient's condition. |
13 | $47 | $129 |
| MRI of leg joint, without contrast A magnetic resonance imaging scan of a joint in the leg performed without the use of contrast dye. |
12 | $146 | $2,327 |
How to read this data: This reflects Medicare patients only (typically 65+). Payment amounts are what Medicare paid the provider, not your out-of-pocket cost. These counts do not measure clinical quality or years of experience.
1.0% high complexity
58.7% medium
40.3% routine
Industry Payment Transparency
Open Payments through 2024 ↗$516,535
Total received (2018-2024)
Avg $73,791/year across 7 years
Top 5% in IL for sports medicine (orthopaedic surgery) physician
A higher payment rank reflects disclosed industry relationships (consulting, research, speaking) common among subspecialists — not wrongdoing.
24
Companies
351
Payment records
Payments are publicly reported; disclosure does not establish legality · Not evidence of wrongdoing · How to interpret →
Payment categories are unavailable while the source breakdown is being rebuilt. Company and year totals do not identify how much belongs to each category.
Payment trend by year
Annual totals from pharmaceutical and medical device companies.
2024
$114,221
2023
$74,517
2022
$101,336
2021
$103,671
2020
$32,620
2019
$32,418
2018
$57,752
Payments by company (2024)
Arthrex, Inc.
$49,294
Stryker Corporation
$36,936
Smith+Nephew, Inc.
$27,766
Ossur Americas, Inc.
$124
Pinnacle, Inc
$100
Top 3 companies account for 99.8% of 2024 payments
All-time payments by company (2018-2024) ›
Arthrex, Inc.
$214,500
Smith+Nephew, Inc.
$145,458
Stryker Corporation
$129,209
Smith & Nephew, Inc.
$19,136
Graymont Professional Products IP, LLC
$5,000
Relievant Medsystems, Inc.
$694
Abbott Laboratories
$641
Spinal Simplicity, LLC
$574
BREG, INC
$247
Nalu Medical, Inc.
$222
Ossur Americas, Inc.
$124
Foundation Fusion Solutions, LLC
$121
Nevro Corp.
$116
Pinnacle, Inc
$100
Medwest Associates
$95
Pacira Pharmaceuticals Incorporated
$55
Axonics, Inc.
$43
Orthofix Medical, Inc.
$43
Vericel Corporation
$38
Salix Pharmaceuticals, a division of Bausch Health US, LLC
$37
Vertos Medical, Inc.
$24
DePuy Synthes Sales Inc.
$24
IBSA Pharma Inc.
$18
Pacira Therapeutics, Inc.
$16
Top 3 companies account for 94.7% of all-time payments
Associated products mentioned in payments ›
1788 · ACUFEX DIRECTOR · AEQUALIS · ALPHAVENT · ARTHREX · Arthrex · Axonics r-SNM System · BICEPTOR · BLUEPRINT PATIENT SPECIFIC INSTRUMENTATION · BREG · Biceptor · Breg VPULSE · CROSSFLOW · EXPAREL · Exparel · HA MINUTEMAN G3-R · HEALICOIL · ICONIX · INSPACE · IVS - NEW PRODUCT DEVELOPMENT · Intracept · LENS Surgical Imaging System · Latarjet System · Licart · MACI · MAKO · Miami J · Mini-Open Latarjet · NA · NANOTACK FLEX · NEW PRODUCT DEVELOPMENT · Nalu Neurostimulation System · Octrode SCS Leads · PROCLAIM · Physio-Stim · Physio-Stim Osteogenesis Stimulator · PlasmaFlow · PolarCareWave · RELISTOR · REUNION · Regeneten · SALVATION · SHOULDER IMPLANTS FIBERTAK KNOTLESS · SOFTSILK · Senza Spinal Cord Stimulation System · T2 · True Zero Knee · VAPR · VPULSE · Zilretta · mild Device Kit
Should you be concerned? Industry payments are disclosed through CMS Open Payments. Disclosure alone does not establish their purpose, legality, or effect on care. What matters is whether a recommended drug or device appears in your doctor's payment records. If so, consider asking your doctor about it. How to interpret this data →
Geographic Context
Sports medicine physicians in nearby ZIP areas
70
County median income
$81,797
Nearest hospital to ZIP centroid (approximate)
JESSE BROWN VA MEDICAL CENTER - VA CHICAGO HEALTHCARE SYSTEM
0.0 mi
0.0 mi
Data Sources
| Provider Registry | ✓ NPPES | NPPES snapshot; verify current record |
| Medicare Enrollment | ✓ PECOS | PECOS snapshot |
| Practice Data | ✓ Medicare Util. | Annual (CY lag) |
| Industry Payments | ✓ Open Payments | CY 2024 |
| Disciplinary History | — Not included | N/A |
This provider has data in 4 of 4 available federal datasets, with a Data Coverage level of Very High. This reflects how much public data is available about a provider. How we calculate this →
Summary
Dr. Verma is a clinical cardiology specialist, with moderate Medicare volume, with 20 years of NPI registration.
This summary is auto-generated from federal data, describing data availability and patterns. Read our methodology →
Frequently Asked Questions
Is Dr. Verma experienced with extended-release steroid injection (zilretta)?
Based on Medicare claims data, Dr. Verma performed 640 extended-release steroid injection (zilretta) services. These records cover Medicare fee-for-service activity, including eligible younger beneficiaries; they do not measure total practice volume or clinical quality.
Does Dr. Verma receive payments from pharmaceutical companies?
Yes. Dr. Verma received a total of $516,535 from 24 companies across 351 payment records. A record can group multiple payments. These transfers are publicly disclosed through CMS Open Payments. Disclosure alone does not establish their legality or effect on care. Patients may wish to ask their doctor about these relationships, especially if a recommended drug or device appears in the payment records.
How do Dr. Verma's costs compare to other sports medicine physicians in Chicago?
Dr. Verma's average Medicare payment per service is $65. Note that these figures represent what Medicare pays, not your out-of-pocket cost, which depends on your specific insurance plan and deductible. Procedure-level data above shows both what was submitted and what Medicare paid for each service type.
What does Data Coverage mean?
Data Coverage (currently Very High for Dr. Verma) measures how much public federal data is available about a provider. It is not a quality rating. A "Very High" or "High" level means the provider has data across multiple federal sources (NPPES, PECOS, Medicare Utilization, Open Payments), indicating the presence of registry, enrollment, activity or payment records, not verified experience or clinical quality. A "Low" or "Moderate" level may simply mean the provider is newer, does not see Medicare patients, or has not received any industry payments — none of which are inherently negative. Read our full methodology →
Is this data up to date?
Source publication dates and the snapshots loaded on this site can differ. Rebuilding a page does not refresh its source records. Check the Medicare reporting year and the payment interval shown above; consult the linked official sources for newer releases and current registry details. See our data freshness policy →
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About this page
This page combines public CMS records with calculated summaries and explanatory procedure labels. These transformations are not verbatim federal records. Sources: NPPES ↗, Open Payments ↗, Medicare Provider Utilization ↗, and PECOS. Publication is mandated by the Physician Payments Sunshine Act (§6002 ACA, 42 U.S.C. §1320a-7h) and the Freedom of Information Act.
This page is not medical advice, an endorsement, a recommendation, or a quality rating. Data Coverage reflects data completeness — how much federal information exists for this provider — not clinical performance, patient outcomes, or quality of care. Always verify information directly with the provider and consult a licensed clinician before making medical decisions.
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