Total Payments
$117,428
2024 Payments
$30,696
Companies
29
Transactions
241
Medicare Patients
1,466
Medicare Billing
$97,670
Payment Breakdown by Category
Other$54,573 (46.5%)
Consulting$35,003 (29.8%)
Travel$17,767 (15.1%)
Food & Beverage$5,458 (4.6%)
Education$4,627 (3.9%)
Payments by Nature
| Nature of Payment | Amount | Transactions | Share |
|---|---|---|---|
| Consulting Fee | $35,003 | 16 | 29.8% |
| Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program | $26,779 | 26 | 22.8% |
| Travel and Lodging | $17,767 | 51 | 15.1% |
| Compensation for serving as faculty or as a speaker for a medical education program | $15,800 | 6 | 13.5% |
| Honoraria | $11,975 | 5 | 10.2% |
| Food and Beverage | $5,458 | 131 | 4.6% |
| Education | $4,627 | 5 | 3.9% |
| Entertainment | $18.65 | 1 | 0.0% |
Top Paying Companies
| Company | Total | Records | Latest Year |
|---|---|---|---|
| Smith+Nephew, Inc. | $49,843 | 83 | $0 (2024) |
| Vericel Corporation | $39,769 | 41 | $0 (2024) |
| Daiichi Sankyo Inc. | $9,145 | 10 | $0 (2018) |
| Arthrex, Inc. | $3,510 | 27 | $0 (2021) |
| Medwest Associates | $2,767 | 4 | $0 (2019) |
| Fidia Pharma USA Inc. | $2,747 | 15 | $0 (2024) |
| Ceterix Orthopaedics, Inc. | $2,663 | 7 | $0 (2018) |
| Miach Orthopaedics, Inc. | $2,475 | 2 | $0 (2024) |
| SANOFI-AVENTIS U.S. LLC | $1,473 | 15 | $0 (2018) |
| Arthrosurface Incorporated | $1,228 | 9 | $0 (2019) |
Payment History by Year
| Year | Amount | Transactions | Top Company |
|---|---|---|---|
| 2024 | $30,696 | 36 | Smith+Nephew, Inc. ($19,588) |
| 2023 | $24,339 | 28 | Vericel Corporation ($17,150) |
| 2022 | $17,934 | 22 | Vericel Corporation ($12,252) |
| 2021 | $2,731 | 38 | Smith+Nephew, Inc. ($1,629) |
| 2020 | $89.74 | 3 | Stryker Corporation ($55.66) |
| 2019 | $12,199 | 27 | Smith+Nephew, Inc. ($7,126) |
| 2018 | $24,496 | 43 | Smith & Nephew, Inc. ($9,554) |
| 2017 | $4,944 | 44 | Ceterix Orthopaedics, Inc. ($2,051) |
All Payment Transactions
241 individual payment records from CMS Open Payments — Page 1 of 10
| Date | Company | Product | Nature | Form | Amount | Type |
|---|---|---|---|---|---|---|
| 12/17/2024 | Smith+Nephew, Inc. | SPATIAL FRAME (Device) | Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program | Cash or cash equivalent | $3,675.00 | General |
| Category: Sports Med Knee | ||||||
| 12/17/2024 | Smith+Nephew, Inc. | SPATIAL FRAME (Device) | Food and Beverage | Cash or cash equivalent | $40.00 | General |
| Category: Sports Med Knee | ||||||
| 12/17/2024 | Smith+Nephew, Inc. | SPATIAL FRAME (Device) | Travel and Lodging | Cash or cash equivalent | $16.00 | General |
| Category: Sports Med Knee | ||||||
| 12/16/2024 | Smith+Nephew, Inc. | — | Food and Beverage | In-kind items and services | $36.38 | General |
| 12/16/2024 | Smith+Nephew, Inc. | — | Food and Beverage | In-kind items and services | $31.94 | General |
| 12/05/2024 | Smith+Nephew, Inc. | ULTRABUTTON, SPATIAL FRAME | Travel and Lodging | In-kind items and services | $254.45 | General |
| Category: Sports Med Knee | ||||||
| 12/04/2024 | Smith+Nephew, Inc. | — | Travel and Lodging | In-kind items and services | $549.34 | General |
| Category: Sports Med Knee | ||||||
| 12/04/2024 | Smith+Nephew, Inc. | HEALICOIL, ULTRABUTTON | Food and Beverage | In-kind items and services | $143.30 | General |
| Category: Sports Med Knee | ||||||
| 12/03/2024 | Smith+Nephew, Inc. | ACUFEX DIRECTOR (Device), ENDOBUTTON, ULTRABUTTON | Consulting Fee | Cash or cash equivalent | $600.00 | General |
| Category: Sports Med Knee | ||||||
| 11/21/2024 | Medtronic, Inc. | VENASEAL (Device) | Food and Beverage | In-kind items and services | $25.41 | General |
| Category: EndoVenous Therapies | ||||||
| 11/14/2024 | Smith+Nephew, Inc. | — | Consulting Fee | Cash or cash equivalent | $5,025.00 | General |
| 11/14/2024 | Smith+Nephew, Inc. | — | Travel and Lodging | Cash or cash equivalent | $271.00 | General |
| 11/14/2024 | Smith+Nephew, Inc. | — | Travel and Lodging | In-kind items and services | $187.83 | General |
| 11/14/2024 | Smith+Nephew, Inc. | — | Travel and Lodging | Cash or cash equivalent | $16.00 | General |
| 11/12/2024 | Smith+Nephew, Inc. | — | Travel and Lodging | In-kind items and services | $204.75 | General |
| 11/09/2024 | Smith+Nephew, Inc. | — | Food and Beverage | In-kind items and services | $41.96 | General |
| 11/09/2024 | Smith+Nephew, Inc. | — | Food and Beverage | In-kind items and services | $41.51 | General |
| 11/08/2024 | Smith+Nephew, Inc. | — | Travel and Lodging | In-kind items and services | $264.20 | General |
| 11/02/2024 | Smith+Nephew, Inc. | — | Travel and Lodging | In-kind items and services | $249.81 | General |
| 10/15/2024 | Smith+Nephew, Inc. | CAP-FIX (Device), Bioinductive Implant with Arthroscopic Delivery System - Medium | Consulting Fee | Cash or cash equivalent | $7,200.00 | General |
| Category: Sports Med Hip | ||||||
| 10/15/2024 | Smith+Nephew, Inc. | CAP-FIX (Device), Bioinductive Implant with Arthroscopic Delivery System - Medium | Consulting Fee | Cash or cash equivalent | $300.00 | General |
| Category: Sports Med Hip | ||||||
| 10/09/2024 | Vericel Corporation | MACI (Biological) | Honoraria | Cash or cash equivalent | $5,650.00 | General |
| Category: Orthopedics | ||||||
| 10/09/2024 | Vericel Corporation | MACI (Biological) | Travel and Lodging | In-kind items and services | $586.95 | General |
| Category: Orthopedics | ||||||
| 10/09/2024 | Vericel Corporation | MACI (Biological) | Travel and Lodging | Cash or cash equivalent | $94.99 | General |
| Category: Orthopedics | ||||||
| 10/09/2024 | Vericel Corporation | MACI (Biological) | Food and Beverage | Cash or cash equivalent | $15.24 | General |
| Category: Orthopedics | ||||||
Medicare Billing by Year
| Year | Procedures | Beneficiaries | Services | Submitted | Medicare Paid |
|---|---|---|---|---|---|
| 2023 | 12 | 298 | 382 | $192,921 | $32,598 |
| 2022 | 10 | 277 | 411 | $64,016 | $16,041 |
| 2021 | 10 | 410 | 577 | $133,337 | $22,899 |
| 2020 | 10 | 481 | 841 | $142,535 | $26,132 |
Total Patients
1,466
Total Services
2,211
Medicare Billing
$97,670
Procedure Codes
42
All Medicare Procedures & Services
42 procedure records from CMS Medicare Utilization — Page 1 of 2
| HCPCS | Description | Setting | Year | Patients | Services | Charges | Medicare Paid | Ratio |
|---|---|---|---|---|---|---|---|---|
| 29827 | Repair of shoulder rotator cuff using an endoscope | Facility | 2023 | 11 | 11 | $75,304 | $10,081 | 13.4% |
| J7327 | Hyaluronan or derivative, monovisc, for intra-articular injection, per dose | Office | 2023 | 11 | 12 | $21,787 | $6,578 | 30.2% |
| 73221 | Mri scan of arm joint without contrast | Office | 2023 | 18 | 18 | $30,354 | $3,002 | 9.9% |
| 73564 | X-ray of knee, 4 or more views | Office | 2023 | 92 | 109 | $12,932 | $2,821 | 21.8% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Office | 2023 | 21 | 25 | $7,125 | $2,366 | 33.2% |
| 73721 | Mri scan of leg joint without contrast | Office | 2023 | 11 | 11 | $18,551 | $1,884 | 10.2% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Office | 2023 | 15 | 15 | $5,655 | $1,656 | 29.3% |
| 73030 | X-ray of shoulder, minimum of 2 views | Office | 2023 | 61 | 74 | $6,535 | $1,422 | 21.8% |
| 20611 | Aspiration and/or injection of fluid large joint using ultrasound guidance | Office | 2023 | 14 | 14 | $7,665 | $1,114 | 14.5% |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Office | 2023 | 14 | 14 | $2,870 | $875.91 | 30.5% |
| 20610 | Aspiration and/or injection of fluid from large joint | Office | 2023 | 14 | 15 | $3,952 | $745.27 | 18.9% |
| J3301 | Injection, triamcinolone acetonide, not otherwise specified, 10 mg | Office | 2023 | 16 | 64 | $192.00 | $53.79 | 28.0% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Office | 2022 | 32 | 43 | $12,255 | $3,993 | 32.6% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Office | 2022 | 22 | 22 | $8,294 | $2,890 | 34.8% |
| 73564 | X-ray of knee, 4 or more views | Office | 2022 | 78 | 97 | $12,301 | $2,857 | 23.2% |
| 20611 | Aspiration and/or injection of fluid large joint using ultrasound guidance | Office | 2022 | 20 | 23 | $11,753 | $1,740 | 14.8% |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Office | 2022 | 14 | 17 | $3,485 | $1,118 | 32.1% |
| 73030 | X-ray of shoulder, minimum of 2 views | Office | 2022 | 36 | 45 | $5,146 | $1,049 | 20.4% |
| 99203 | New patient office or other outpatient visit, 30-44 minutes | Office | 2022 | 12 | 12 | $3,060 | $935.96 | 30.6% |
| 20610 | Aspiration and/or injection of fluid from large joint | Office | 2022 | 15 | 15 | $3,952 | $868.09 | 22.0% |
| 73560 | X-ray of knee, 1-2 views | Office | 2022 | 24 | 29 | $2,989 | $499.57 | 16.7% |
| J3301 | Injection, triamcinolone acetonide, not otherwise specified, 10 mg | Office | 2022 | 24 | 108 | $780.00 | $90.73 | 11.6% |
| 99214 | Established patient outpatient visit, total time 30-39 minutes | Office | 2021 | 53 | 62 | $17,085 | $6,375 | 37.3% |
| 99213 | Established patient outpatient visit, total time 20-29 minutes | Office | 2021 | 30 | 39 | $7,795 | $2,962 | 38.0% |
| 20611 | Aspiration and/or injection of major joint or joint capsule with recording and reporting using ultrasound guidance | Office | 2021 | 28 | 31 | $16,352 | $2,682 | 16.4% |
About Dr. Ronak Patel, MD
Dr. Ronak Patel, MD is a Sports Medicine healthcare provider based in Hinsdale, Illinois. This provider has been registered with the National Plan and Provider Enumeration System (NPPES) since 08/01/2008. The National Provider Identifier (NPI) number assigned to this provider is 1205092939.
According to the Centers for Medicare & Medicaid Services (CMS) Open Payments database, Dr. Ronak Patel, MD has received a total of $117,428 in payments from pharmaceutical and medical device companies, with $30,696 received in 2024. These payments were reported across 241 transactions from 29 companies. The most common payment nature is "Consulting Fee" ($35,003).
As a Medicare-enrolled provider, Patel has provided services to 1,466 Medicare beneficiaries, totaling 2,211 services with total Medicare billing of $97,670. Data is available for 4 years (2020–2023), covering 42 distinct procedure/service records.
Ad
Practice Information
- Specialty Sports Medicine
- Location Hinsdale, IL
- Active Since 08/01/2008
- Last Updated 11/05/2015
- Taxonomy Code 207XX0005X
- Entity Type Individual
- NPI Number 1205092939
Products in Payments
- MACI (Biological) $34,126
- Coblation Wands (Device) $10,124
- Morphabond ER (Drug) $9,145
- CAP-FIX (Device) $7,721
- SPATIAL FRAME (Device) $5,929
- NOVOSTITCH (Device) $4,064
- Bone Anchors with Arthroscopic Delivery System (Device) $3,399
- NovoStitch (Device) $2,663
- Hymovis (Device) $2,587
- Regeneten (Device) $1,623
- Bioinductive Implant with Arthroscopic Delivery System - Medium (Device) $1,499
- SYNVISC-ONE (Device) $1,473
- NOVOSTITCH PRO (Device) $1,418
- HEALICOIL (Device) $1,364
- HemiCAP Shoulder (Device) $1,217
- PICO 7 Single Use Negative Pressure Wound Therapy (Device) $811.57
- Tactoset (Device) $679.96
- ACUFEX DIRECTOR (Device) $600.00
- Werewolf System (Device) $392.81
- mi-eye (Device) $345.70
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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.