Medicare Enrolled

Dr. Vasili Karas, M.D.

Adult Reconstructive Orthopaedic Surgery Physician · Chicago, IL
Practice pattern: Clinical Cardiology — Primarily office-based clinical cardiology
Mixed engagement
1611 W HARRISON ST STE 400, Chicago, IL 60612
3124322300
In practice since 2012 (14 years)
NPI: 1063778413 verify on NPPES ↗
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. Karas 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 →
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What this data tells you about Dr. Karas

Dr. Vasili Karas is an adult reconstructive orthopaedic surgery physician in Chicago, IL, with 14 years of NPI registration. Based on federal Medicare data, Dr. Karas performed 5,406 Medicare services across 3,983 unique beneficiaries.

Between the years covered by Open Payments, Dr. Karas received a total of $251,073 from 15 pharmaceutical and/or device companies across 379 individual payments. These payments are legal, publicly disclosed under the federal Sunshine Act, and common in adult reconstructive orthopaedic surgery physician. The majority of payments are classified as financial or ownership interests (royalties, licensing fees, or investment interests). Patients may wish to discuss these relationships with their provider.

The Data Coverage level for Dr. Karas 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.

✓ 14 years in practice ▲ Top 18% volume in IL $251,073 industry payments

Medicare Practice Summary

Medicare Utilization ↗
5,406
Medicare services
Top 18% in IL for adult reconstructive orthopaedic surgery physician
3,983
Unique beneficiaries
$123
Avg. Medicare payment
Medicare patients only (65+ / disabled) · How to read this →
~386 Medicare services per year of practice

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
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.
829 $72 $215
Injection, methylprednisolone acetate, 40 mg 754 $6 $30
Knee X-ray, 4 or more views
An imaging test using X-rays to create multiple pictures of the knee joint from different angles.
620 $37 $200
Joint injection, major joint
Removal of fluid from a large joint and/or injection of medication into the joint space.
459 $58 $322
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.
399 $32 $174
X-ray for bone length assessment
An X-ray image is taken to measure and evaluate the length of bones.
342 $37 $230
Hip X-ray, minimum 4 views
An X-ray imaging test of the hip joint using at least four different angles to visualize the bones and surrounding structures.
297 $49 $256
Computer-assisted surgery for muscle and bone procedure
A surgical procedure involving muscles or bones that utilizes computer technology to assist with planning or execution.
255 $128 $1,396
Total knee replacement 182 $1,118 $13,412
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.
171 $101 $318
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.
158 $85 $320
X-ray of lower and sacral spine, 2-3 views
An X-ray imaging test that captures 2 to 3 views of the lower back and sacral spine to visualize the bones and joints in this area.
124 $32 $172
CT scan of leg, without contrast
A computed tomography scan of the leg performed without the use of contrast dye. This imaging test uses X-rays to create detailed cross-sectional images of the leg's internal structures.
113 $106 $1,103
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.
111 $44 $129
Hyaluronan gel injection for joint
An injection of hyaluronan gel into a joint to supplement joint fluid. This procedure is administered as a single dose.
111 $398 $1,969
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.
99 $131 $490
Hip X-ray, 2-3 views
An X-ray imaging test of the hip joint using two to three different angles to visualize the bones and surrounding structures.
94 $37 $200
Total hip replacement
Surgical procedure to replace the thigh bone and hip joint with artificial components.
87 $1,134 $12,462
Fluoroscopic guidance for needle placement
Use of real-time X-ray imaging to guide the precise placement of a needle during a medical procedure.
46 $94 $508
X-ray of both hips, 3-4 views
An X-ray imaging test that captures 3 to 4 views of both hip joints to visualize the bones and surrounding structures.
40 $44 $233
MRI of leg joint, without contrast
A magnetic resonance imaging scan of a joint in the leg performed without the use of contrast dye.
18 $164 $2,327
Revision of total knee joint prosthesis component
Surgical procedure to replace or modify one part of a previously implanted total knee replacement. This is performed to address issues with a specific component of the existing joint prosthesis.
17 $1,168 $9,445
Ultrasound-guided large joint aspiration or injection
This procedure uses ultrasound imaging to guide the removal of fluid from or the injection of medication into a large joint.
15 $88 $453
Telephone medical discussion, 11-20 minutes
A phone conversation with a physician lasting between 11 and 20 minutes.
14 $70 $215
Knee joint replacement
Surgical procedure to replace a knee joint with an artificial implant.
13 $986 $7,810
Revision of thigh and lower leg bone components of total knee joint prosthesis
This procedure involves replacing the bone components of a total knee replacement that connect to the thigh and lower leg bones. It is performed to update or fix parts of the existing knee joint prosthesis.
13 $1,512 $11,900
New patient office visit, 15-29 minutes
An initial office visit for a new patient lasting 15 to 29 minutes. This code is used when the total time spent on the date of the encounter meets this duration threshold.
13 $50 $316
Telephone medical discussion, 21-30 minutes
A telephone conversation with a physician lasting between 21 and 30 minutes. This code covers the time spent discussing medical matters over the phone.
12 $105 $318
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. A higher procedure volume generally indicates more experience with that procedure.
9.9% high complexity
27.2% medium
62.9% routine

Industry Payment Transparency

Open Payments through 2024 ↗
$251,073
Total received (2018-2024)
Avg $35,868/year across 7 years
Top 17% in IL for adult reconstructive orthopaedic surgery physician
A higher payment rank reflects disclosed industry relationships (consulting, research, speaking) common among subspecialists — not wrongdoing.
15
Companies
379
Individual payments
All payments are legal and publicly reported · Not evidence of wrongdoing · How to interpret →

Payment profile

Industry payments classified by relationship type. Not all payments are equal — research and consulting reflect different relationships than speaking programs or meals.

Financial / Ownership
Ownership or investment interests, royalties, and licensing fees
$121,664 (48.5%)
Consulting
Expert advisory fees, typically reflecting recognized clinical expertise
$111,397 (44.4%)
Meals & Travel
Food, beverages, travel, and lodging — typically low-value
$13,287 (5.3%)
Speaking / Promotional
Speaker programs, honoraria, and industry-sponsored educational events
$4,725 (1.9%)

Payment trend by year

Annual totals from pharmaceutical and medical device companies.

2024
$133,798
2023
$10,594
2022
$23,582
2021
$55,287
2020
$10,159
2019
$12,224
2018
$5,430

Payments by company (2024)

Consulting
Speaking
Meals & Travel
Research
OMNIlife science, Inc
$121,664
Stryker Corporation
$12,133
Top 3 companies account for 100.0% of 2024 payments
All-time payments by company (2018-2024) ›
OMNIlife science, Inc
$188,438
Stryker Corporation
$51,041
Smith & Nephew, Inc.
$3,750
DePuy Synthes Products, Inc.
$3,158
ENCORE MEDICAL, LP
$2,475
MicroPort Orthopedics Inc
$761
MicroPort NaviBot International LLC
$415
Total Joint Orthopedics, Inc.
$327
Zimmer Biomet Holdings, Inc.
$322
Davol Inc.
$153
DePuy Synthes Sales Inc.
$122
Medtronic USA, Inc.
$50
Pacira Pharmaceuticals Incorporated
$32
Intellijoint Surgical Inc.
$16
UOC USA INC
$12
Top 3 companies account for 96.9% of all-time payments
Associated products mentioned in payments ›
ACCOLADE · ACTIS · ADHERUS AUTOSPRAY DURAL SEALANT · AQUAMANTYS · Apollo Knee (FKA OMNIBotics 3.0) · CUSTOM IMPLANTS · Corin Technology · DJO Surgical Empowr Knee System · Exparel · INSIGNIA · Intellijoint HIP · MAKO · MPO Hip System · MPO Medial Pivot Knee · Modular Revision Hip · NONE · OMNIBotics 3.0 · PINNACLE · REUNION · ROSA · Skywalker · TRIATHLON · TRITANIUM · Various Products
Should you be concerned? Payments from pharmaceutical and device companies are legal and common — 57% of U.S. physicians receive at least one. They often reflect legitimate consulting, research, or education. 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 →

Payments are distributed across multiple categories with no single dominant type.

Looking for an adult reconstructive orthopaedic surgery physician in Chicago?
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Geographic Context

Adult reconstructive orthopaedic surgery physicians within 10 mi
43
Per 100K population
0.8
County median income
$81,797
Nearest hospital
JESSE BROWN VA MEDICAL CENTER - VA CHICAGO HEALTHCARE SYSTEM
0.0 mi

Data Sources

Provider Registry NPPES Weekly updates
Medicare Enrollment PECOS Monthly updates
Practice Data Medicare Util. Annual (CY lag)
Industry Payments Open Payments CY 2024
Disciplinary History — Not public 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. Karas is a clinical cardiology specialist, with above-average Medicare volume (top 18% in IL), with mixed engagement industry engagement in the top 17% of IL peers.

This summary is auto-generated from federal data, describing data availability and patterns. Read our methodology →

Frequently Asked Questions

Is Dr. Karas experienced with office visit, established patient (20-29 min)?
Based on Medicare claims data, Dr. Karas performed 829 office visit, established patient (20-29 min) services. Research suggests that higher procedure volume is often associated with better outcomes, particularly for complex procedures. Note that Medicare data only captures patients aged 65 and older, so the total practice volume across all patients is likely higher.
Does Dr. Karas receive payments from pharmaceutical companies?
Yes. Dr. Karas received a total of $251,073 from 15 companies across 379 individual payments. These payments are legal, publicly disclosed under the federal Sunshine Act, and common among physicians — 57% of all U.S. physicians receive at least one industry payment. 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. Karas's costs compare to other adult reconstructive orthopaedic surgery physicians in Chicago?
Dr. Karas's average Medicare payment per service is $123. 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. Karas) 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 a long track record of practice, Medicare participation, and industry disclosure. 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?
Each data source has its own update cycle. Provider registry data (NPPES) is updated weekly. Medicare enrollment (PECOS) is updated monthly. Medicare practice data has a ~2 year lag — the most recent available is typically 2 years prior. Industry payment data (Open Payments) is published annually, usually in June, covering the prior calendar year. We display the data date prominently on each section so you always know how current it is. See our data freshness policy →
About this page

All data on this page is sourced verbatim from public federal records published by the U.S. Centers for Medicare & Medicaid Services (CMS): 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.

Provider corrections: Provider portal · Privacy questions: Privacy Policy · Terms: Terms of Use · Methodology: Methodology

Data Disclaimer — Data sourced from the Centers for Medicare & Medicaid Services (CMS): National Plan and Provider Enumeration System (NPPES), Open Payments program, Medicare Provider Utilization and Payment Data, and Provider Enrollment & Certification data (PECOS). Published under the Freedom of Information Act (FOIA). This website is not affiliated with, endorsed by, or authorized by CMS, HHS, or the U.S. Government. Data may contain errors as reported to CMS by providers and reporting entities. Payments from industry are legal and do not indicate wrongdoing. Medicare data reflects only patients aged 65+ or those with qualifying disabilities. For corrections, contact CMS directly. This information does not constitute medical advice and should not be used as the sole basis for choosing a healthcare provider. Procedure descriptions use plain language and do not reference CPT® codes, which are copyrighted by the American Medical Association. Full methodology → · Report a data error → · Privacy policy →