Total Payments
$1.1M
2024 Payments
$68,114
Companies
10
Transactions
338
Medicare Patients
1,502
Medicare Billing
$666,494
Payment Breakdown by Category
Royalty/License$509,018 (46.1%)
Other$300,863 (27.2%)
Consulting$222,410 (20.1%)
Travel$65,931 (6.0%)
Food & Beverage$6,068 (0.5%)
Payments by Nature
| Nature of Payment | Amount | Transactions | Share |
|---|---|---|---|
| Royalty or License | $509,018 | 17 | 46.1% |
| Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program | $300,363 | 69 | 27.2% |
| Consulting Fee | $222,410 | 71 | 20.1% |
| Travel and Lodging | $65,931 | 112 | 6.0% |
| Food and Beverage | $6,068 | 68 | 0.5% |
| Compensation for serving as faculty or as a speaker for a medical education program | $500.00 | 1 | 0.0% |
Top Paying Companies
| Company | Total | Records | Latest Year |
|---|---|---|---|
| Globus Medical, Inc. | $579,179 | 307 | $0 (2024) |
| DePuy Synthes Products, Inc. | $509,018 | 17 | $0 (2021) |
| Ethicon Inc. | $5,760 | 2 | $0 (2021) |
| Bioventus LLC | $4,419 | 3 | $0 (2022) |
| Misonix Inc | $4,000 | 1 | $0 (2021) |
| Cerapedics Inc. | $1,100 | 3 | $0 (2022) |
| Synthes GmbH | $500.00 | 1 | $0 (2024) |
| Stryker Corporation | $280.64 | 2 | $0 (2019) |
| K2M, Inc. | $21.84 | 1 | $0 (2018) |
| Medtronic USA, Inc. | $12.38 | 1 | $0 (2018) |
Payment History by Year
| Year | Amount | Transactions | Top Company |
|---|---|---|---|
| 2024 | $68,114 | 47 | Globus Medical, Inc. ($67,614) |
| 2023 | $85,402 | 46 | Globus Medical, Inc. ($85,402) |
| 2022 | $62,610 | 40 | Globus Medical, Inc. ($57,091) |
| 2021 | $60,276 | 38 | Globus Medical, Inc. ($49,793) |
| 2020 | $187,106 | 21 | DePuy Synthes Products, Inc. ($117,966) |
| 2019 | $227,215 | 75 | Globus Medical, Inc. ($138,250) |
| 2018 | $210,230 | 40 | DePuy Synthes Products LLC ($137,661) |
| 2017 | $203,338 | 31 | DePuy Synthes Products LLC ($163,983) |
All Payment Transactions
338 individual payment records from CMS Open Payments — Page 1 of 14
| Date | Company | Product | Nature | Form | Amount | Type |
|---|---|---|---|---|---|---|
| 12/12/2024 | Globus Medical, Inc. | Excelsius3D Imaging System (Device) | Consulting Fee | Cash or cash equivalent | $1,625.00 | General |
| Category: Spine/Spine Surgery | ||||||
| 12/11/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $381.96 | General |
| Category: Spine/Spine Surgery | ||||||
| 12/11/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $5.00 | General |
| Category: Spine/Spine Surgery | ||||||
| 10/17/2024 | Globus Medical, Inc. | Excelsius3D Imaging System (Device) | Consulting Fee | Cash or cash equivalent | $975.00 | General |
| Category: Spine/Spine Surgery | ||||||
| 10/10/2024 | Globus Medical, Inc. | — | Travel and Lodging | Cash or cash equivalent | $139.97 | General |
| 10/03/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Consulting Fee | Cash or cash equivalent | $6,500.00 | General |
| Category: Spine/Spine Surgery | ||||||
| 10/03/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Consulting Fee | Cash or cash equivalent | $5,200.00 | General |
| Category: Spine/Spine Surgery | ||||||
| 09/26/2024 | Globus Medical, Inc. | Excelsius Deformity (Device) | Food and Beverage | In-kind items and services | $105.43 | General |
| Category: Spine/Spine Surgery | ||||||
| 09/25/2024 | Globus Medical, Inc. | Excelsius3D Imaging System (Device) | Food and Beverage | In-kind items and services | $115.56 | General |
| Category: Spine/Spine Surgery | ||||||
| 09/19/2024 | Globus Medical, Inc. | XLIF (Device) | Travel and Lodging | Cash or cash equivalent | $221.00 | General |
| Category: Spine/Spine Surgery | ||||||
| 09/12/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $426.15 | General |
| Category: Spine/Spine Surgery | ||||||
| 09/12/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $421.50 | General |
| Category: Spine/Spine Surgery | ||||||
| 08/28/2024 | Synthes GmbH | — | Compensation for serving as faculty or as a speaker for a medical education program | Cash or cash equivalent | $500.00 | General |
| 08/08/2024 | Globus Medical, Inc. | — | Consulting Fee | Cash or cash equivalent | $3,250.00 | General |
| 08/08/2024 | Globus Medical, Inc. | — | Consulting Fee | Cash or cash equivalent | $2,600.00 | General |
| 08/08/2024 | Globus Medical, Inc. | — | Consulting Fee | Cash or cash equivalent | $162.50 | General |
| 07/02/2024 | Globus Medical, Inc. | Captivate VL (Device) | Travel and Lodging | Cash or cash equivalent | $547.92 | General |
| Category: Trauma (Emergency, Injury, Surgery) | ||||||
| 07/02/2024 | Globus Medical, Inc. | Captivate VL (Device) | Travel and Lodging | Cash or cash equivalent | $5.00 | General |
| Category: Trauma (Emergency, Injury, Surgery) | ||||||
| 06/28/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $347.50 | General |
| Category: Spine/Spine Surgery | ||||||
| 06/28/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $287.75 | General |
| Category: Spine/Spine Surgery | ||||||
| 06/28/2024 | Globus Medical, Inc. | — | Food and Beverage | In-kind items and services | $25.43 | General |
| 06/20/2024 | Globus Medical, Inc. | — | Consulting Fee | Cash or cash equivalent | $650.00 | General |
| 06/20/2024 | Globus Medical, Inc. | — | Consulting Fee | Cash or cash equivalent | $650.00 | General |
| 06/18/2024 | Globus Medical, Inc. | Excelsius3D Imaging System (Device) | Food and Beverage | In-kind items and services | $158.19 | General |
| Category: Spine/Spine Surgery | ||||||
| 05/22/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $221.34 | General |
| Category: Spine/Spine Surgery | ||||||
Medicare Billing by Year
| Year | Procedures | Beneficiaries | Services | Submitted | Medicare Paid |
|---|---|---|---|---|---|
| 2023 | 14 | 446 | 548 | $1.3M | $167,472 |
| 2022 | 14 | 440 | 555 | $1.5M | $178,863 |
| 2021 | 13 | 378 | 478 | $1.5M | $188,931 |
| 2020 | 10 | 238 | 320 | $962,342 | $131,229 |
Total Patients
1,502
Total Services
1,901
Medicare Billing
$666,494
Procedure Codes
51
All Medicare Procedures & Services
51 procedure records from CMS Medicare Utilization — Page 1 of 3
| HCPCS | Description | Setting | Year | Patients | Services | Charges | Medicare Paid | Ratio |
|---|---|---|---|---|---|---|---|---|
| 63047 | Partial removal of spine bone with release of lower spinal cord and/or nerves, 1 segment | Facility | 2023 | 40 | 40 | $248,454 | $33,731 | 13.6% |
| 22614 | Fusion of additional segment of spine | Facility | 2023 | 30 | 93 | $198,206 | $30,036 | 15.2% |
| 22633 | Fusion of spine in lower back with partial removal of spine bone and disc | Facility | 2023 | 13 | 13 | $263,805 | $20,133 | 7.6% |
| 22842 | Placement of stabilizing device to back, 3-6 spine bone segments | Facility | 2023 | 24 | 24 | $155,400 | $16,169 | 10.4% |
| 22600 | Fusion of spine in neck by posterior approach | Facility | 2023 | 14 | 14 | $104,788 | $15,470 | 14.8% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Facility | 2023 | 144 | 144 | $108,000 | $15,087 | 14.0% |
| 63048 | Partial removal of spine bone with release of spinal cord and/or nerves, each additional segment | Facility | 2023 | 37 | 62 | $74,400 | $11,317 | 15.2% |
| 63045 | Partial removal of spine bone with release of upper spinal cord and/or nerves, 1 segment | Facility | 2023 | 13 | 13 | $90,078 | $8,665 | 9.6% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Facility | 2023 | 61 | 73 | $18,250 | $5,499 | 30.1% |
| 61783 | Computer-assisted spinal procedure | Facility | 2023 | 16 | 16 | $20,560 | $3,293 | 16.0% |
| 63052 | Partial removal of bone of single segment of spine in lower back with release of spinal cord and/or nerves during fusion of spine in lower back | Facility | 2023 | 12 | 12 | $16,464 | $2,736 | 16.6% |
| 22853 | Insertion of cage or mesh device to spine bone and disc space during spine fusion | Facility | 2023 | 12 | 14 | $20,776 | $2,732 | 13.2% |
| 99215 | Established patient office or other outpatient visit, 40-54 minutes | Facility | 2023 | 18 | 18 | $4,500 | $2,064 | 45.9% |
| G0180 | Physician or allowed practitioner certification for medicare-covered home health services under a home health plan of care (patient not present), including contacts with home health agency and review of reports of patient status required by physicians and | Facility | 2023 | 12 | 12 | $3,504 | $538.92 | 15.4% |
| 22614 | Fusion of additional segment of spine | Facility | 2022 | 32 | 99 | $210,994 | $34,530 | 16.4% |
| 22600 | Fusion of spine in neck by posterior approach | Facility | 2022 | 20 | 21 | $153,689 | $20,673 | 13.5% |
| 22633 | Fusion of spine in lower back with partial removal of spine bone and disc | Facility | 2022 | 13 | 13 | $290,186 | $20,539 | 7.1% |
| 22842 | Placement of stabilizing device to back, 3-6 spine bone segments | Facility | 2022 | 27 | 27 | $174,825 | $18,368 | 10.5% |
| 63047 | Partial removal of spine bone with release of lower spinal cord and/or nerves, 1 segment | Facility | 2022 | 22 | 22 | $140,691 | $18,182 | 12.9% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Facility | 2022 | 158 | 158 | $118,500 | $16,652 | 14.1% |
| 63045 | Partial removal of spine bone with release of upper spinal cord and/or nerves, 1 segment | Facility | 2022 | 20 | 21 | $148,975 | $12,433 | 8.3% |
| 63048 | Partial removal of spine bone with release of spinal cord and/or nerves, each additional segment | Facility | 2022 | 25 | 66 | $79,200 | $12,355 | 15.6% |
| 22840 | Placement of stabilizing device to back of 1 spine bone in neck | Facility | 2022 | 18 | 18 | $78,750 | $11,640 | 14.8% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Facility | 2022 | 47 | 50 | $12,500 | $4,075 | 32.6% |
| 22853 | Insertion of cage or mesh device to spine bone and disc space during spine fusion | Facility | 2022 | 13 | 15 | $22,260 | $3,455 | 15.5% |
About Dr. Nicholas Theodore, MD
Dr. Nicholas Theodore, MD is a Neurological Surgery healthcare provider based in Baltimore, Maryland. This provider has been registered with the National Plan and Provider Enumeration System (NPPES) since 09/20/2005. The National Provider Identifier (NPI) number assigned to this provider is 1982699567.
According to the Centers for Medicare & Medicaid Services (CMS) Open Payments database, Dr. Nicholas Theodore, MD has received a total of $1.1M in payments from pharmaceutical and medical device companies, with $68,114 received in 2024. These payments were reported across 338 transactions from 10 companies. The most common payment nature is "Royalty or License" ($509,018).
As a Medicare-enrolled provider, Theodore has provided services to 1,502 Medicare beneficiaries, totaling 1,901 services with total Medicare billing of $666,494. Data is available for 4 years (2020–2023), covering 51 distinct procedure/service records.
Ad
Practice Information
- Specialty Neurological Surgery
- Location Baltimore, MD
- Active Since 09/20/2005
- Last Updated 07/07/2016
- Taxonomy Code 207T00000X
- Entity Type Individual
- NPI Number 1982699567
Products in Payments
- MATRIX (Device) $509,018
- Excelsius - GPS (Device) $186,000
- ExcelsiusGPS Robotic Navigation System (Device) $104,776
- EXCELSIUS (Device) $73,446
- Excelsius Robotics System (Device) $51,027
- EXCELSIUS GPS (Device) $34,271
- QUARTEX (Device) $21,109
- Precision TLIF (Device) $14,907
- Globus XR Navigation System (Device) $13,200
- Excelsius3D Imaging System (Device) $9,637
- GLB Navigation System (Device) $9,063
- INDEPENDENCE (Device) $8,800
- REVERE Corrective Osteotomy (Device) $8,417
- Oscillating High Speed Drill (Device) $7,700
- 3D Printed IBF (Device) $7,150
- DuraPro (Device) $6,975
- Navigation System AR (Device) $5,775
- VISTASEAL (Biological) $5,760
- NeXus (Device) $4,000
- CALIBER (Device) $2,801
Explore
Data Sources
Provider data from NPPES. Payment data from CMS Open Payments. Medicare data from CMS Medicare Provider Utilization. All data is public and updated periodically.
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