Payment Breakdown by Category
Payments by Nature
| Nature of Payment | Amount | Transactions | Share |
|---|---|---|---|
| Consulting Fee | $294,501 | 134 | 30.4% |
| Royalty or License | $199,139 | 30 | 20.6% |
| Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program | $182,329 | 52 | 18.8% |
| Travel and Lodging | $114,413 | 194 | 11.8% |
| Unspecified | $43,019 | 4 | 4.4% |
| Honoraria | $41,075 | 24 | 4.2% |
| Compensation for serving as faculty or as a speaker for a non-accredited and noncertified continuing education program | $25,750 | 7 | 2.7% |
| Compensation for serving as faculty or as a speaker for a medical education program | $23,700 | 11 | 2.4% |
| Food and Beverage | $21,140 | 346 | 2.2% |
| Education | $13,696 | 11 | 1.4% |
| Grant | $7,308 | 1 | 0.8% |
| Compensation for serving as faculty or as a speaker for an accredited or certified continuing education program | $2,000 | 1 | 0.2% |
Payments by Type
Top Paying Companies
| Company | Total | Records | Latest Year |
|---|---|---|---|
| Linvatec Corporation | $400,683 | 185 | $0 (2024) |
| Arthrex, Inc. | $136,250 | 230 | $0 (2024) |
| Smith+Nephew, Inc. | $108,680 | 105 | $0 (2024) |
| Vericel Corporation | $101,924 | 95 | $0 (2024) |
| DJO, LLC | $50,413 | 37 | $0 (2024) |
| Zimmer Biomet Holdings, Inc. | $39,672 | 3 | $0 (2021) |
| Bioventus LLC | $22,073 | 18 | $0 (2023) |
| Kinamed, Inc. | $16,266 | 7 | $0 (2024) |
| Evolution Surgical, Inc | $13,225 | 26 | $0 (2024) |
| Synthes GmbH | $13,140 | 13 | $0 (2024) |
Payment History by Year
| Year | Amount | Transactions | Top Company |
|---|---|---|---|
| 2024 | $194,862 | 128 | Linvatec Corporation ($87,498) |
| 2023 | $227,833 | 129 | Linvatec Corporation ($151,884) |
| 2022 | $139,717 | 100 | Linvatec Corporation ($58,437) |
| 2021 | $134,800 | 108 | Zimmer Biomet Holdings, Inc. ($39,454) |
| 2020 | $70,427 | 51 | Smith+Nephew, Inc. ($21,885) |
| 2019 | $125,679 | 170 | Linvatec Corporation ($31,885) |
| 2018 | $39,894 | 73 | Linvatec Corporation ($14,358) |
| 2017 | $34,857 | 56 | Vericel Corporation ($14,321) |
All Payment Transactions
815 individual payment records from CMS Open Payments — Page 1 of 33
| Date | Company | Product | Nature | Form | Amount | Type |
|---|---|---|---|---|---|---|
| 12/24/2024 | Smith+Nephew, Inc. | — | Consulting Fee | Cash or cash equivalent | $1,293.75 | General |
| 12/23/2024 | Vericel Corporation | MACI (Biological) | Consulting Fee | Cash or cash equivalent | $1,500.00 | General |
| Category: Orthopedics | ||||||
| 11/21/2024 | Linvatec Corporation | INFINITY KNEE SYSTEM (Device) | Royalty or License | Cash or cash equivalent | $17,842.54 | General |
| Category: ORTHOPEDIC SURGERY | ||||||
| 11/19/2024 | DJO, LLC | DONJOY (Device) | Royalty or License | Cash or cash equivalent | $7,311.47 | General |
| Category: Orthoses: Prefab (non-custom) | ||||||
| 11/14/2024 | DJO, LLC | PROCARE (Device) | Consulting Fee | Cash or cash equivalent | $4,260.00 | General |
| Category: Orthoses: Prefab (non-custom) | ||||||
| 11/14/2024 | DJO, LLC | PROCARE (Device) | Consulting Fee | Cash or cash equivalent | $1,065.00 | General |
| Category: Orthoses: Prefab (non-custom) | ||||||
| 11/12/2024 | Arthrex, Inc. | — | Food and Beverage | In-kind items and services | $155.57 | General |
| 11/09/2024 | Arthrex, Inc. | — | Travel and Lodging | In-kind items and services | $327.50 | General |
| 11/09/2024 | Arthrex, Inc. | — | Food and Beverage | In-kind items and services | $24.00 | General |
| 11/09/2024 | Arthrex, Inc. | — | Food and Beverage | In-kind items and services | $10.00 | General |
| 11/08/2024 | Arthrex, Inc. | — | Travel and Lodging | In-kind items and services | $238.65 | General |
| 11/08/2024 | Arthrex, Inc. | — | Food and Beverage | In-kind items and services | $55.00 | General |
| 11/08/2024 | Arthrex, Inc. | — | Food and Beverage | In-kind items and services | $24.00 | General |
| 11/08/2024 | Arthrex, Inc. | — | Food and Beverage | In-kind items and services | $10.00 | General |
| 11/08/2024 | Arthrex, Inc. | — | Food and Beverage | In-kind items and services | $10.00 | General |
| 11/08/2024 | Arthrex, Inc. | — | Food and Beverage | In-kind items and services | $10.00 | General |
| 11/08/2024 | Arthrex, Inc. | — | Food and Beverage | In-kind items and services | $5.00 | General |
| 11/08/2024 | Arthrex, Inc. | — | Food and Beverage | In-kind items and services | $5.00 | General |
| 11/07/2024 | Arthrex, Inc. | — | Travel and Lodging | In-kind items and services | $327.50 | General |
| 11/07/2024 | Arthrex, Inc. | — | Travel and Lodging | In-kind items and services | $238.65 | General |
| 11/07/2024 | Arthrex, Inc. | — | Food and Beverage | In-kind items and services | $24.00 | General |
| 11/06/2024 | Arthrex, Inc. | — | Travel and Lodging | In-kind items and services | $238.65 | General |
| 10/30/2024 | Smith+Nephew, Inc. | — | Consulting Fee | Cash or cash equivalent | $287.50 | General |
| 09/25/2024 | DJO, LLC | PROCARE (Device) | Consulting Fee | Cash or cash equivalent | $5,680.00 | General |
| Category: Orthoses: Prefab (non-custom) | ||||||
| 09/25/2024 | DJO, LLC | PROCARE (Device) | Consulting Fee | Cash or cash equivalent | $2,840.00 | General |
| Category: Orthoses: Prefab (non-custom) | ||||||
Research Studies & Clinical Trials
| Study Name | Company | Amount | Records |
|---|---|---|---|
| A Randomized Controlled Trial of the Subchondroplasty Procedure with Arthroscopy versus Arthroscopy Alone for Treatment of Bone Marrow Lesions in the Knee | Zimmer Biomet Holdings, Inc. | $39,454 | 1 |
| A Study of MACI in Patients Aged 10 to <17 Years With Symptomatic Chondral or Osteochondral Defects of the Knee (PEAK) | Vericel Corporation | $2,314 | 2 |
| Risk Of Severe Acute Local Reaction for HA Patients | SANOFI-AVENTIS U.S. LLC | $1,250 | 1 |
Medicare Billing by Year
| Year | Procedures | Beneficiaries | Services | Submitted | Medicare Paid |
|---|---|---|---|---|---|
| 2023 | 4 | 108 | 126 | $32,574 | $9,706 |
| 2022 | 4 | 99 | 123 | $34,234 | $8,426 |
| 2021 | 4 | 117 | 166 | $41,230 | $11,996 |
| 2020 | 3 | 66 | 88 | $12,057 | $4,441 |
All Medicare Procedures & Services
15 procedure records from CMS Medicare Utilization
| HCPCS | Description | Setting | Year | Patients | Services | Charges | Medicare Paid | Ratio |
|---|---|---|---|---|---|---|---|---|
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Office | 2023 | 38 | 47 | $10,926 | $3,911 | 35.8% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Office | 2023 | 32 | 32 | $6,424 | $3,536 | 55.0% |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Office | 2023 | 23 | 32 | $9,784 | $1,606 | 16.4% |
| 20610 | Aspiration and/or injection of fluid from large joint | Office | 2023 | 15 | 15 | $5,440 | $652.50 | 12.0% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Office | 2022 | 24 | 24 | $5,568 | $2,654 | 47.7% |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Office | 2022 | 29 | 47 | $13,841 | $2,632 | 19.0% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Office | 2022 | 30 | 34 | $6,836 | $2,488 | 36.4% |
| 20610 | Aspiration and/or injection of fluid from large joint | Office | 2022 | 16 | 18 | $7,989 | $652.05 | 8.2% |
| 99214 | Established patient outpatient visit, total time 30-39 minutes | Office | 2021 | 38 | 58 | $10,696 | $4,813 | 45.0% |
| 99213 | Established patient outpatient visit, total time 20-29 minutes | Office | 2021 | 35 | 63 | $17,649 | $3,368 | 19.1% |
| 99204 | New patient outpatient visit, total time 45-59 minutes | Office | 2021 | 25 | 25 | $4,550 | $2,966 | 65.2% |
| 20610 | Aspiration and/or injection of large joint or joint capsule | Office | 2021 | 19 | 20 | $8,335 | $849.14 | 10.2% |
| 99213 | Established patient office or other outpatient visit, typically 15 minutes | Office | 2020 | 36 | 58 | $9,065 | $2,466 | 27.2% |
| 99203 | New patient office or other outpatient visit, typically 30 minutes | Office | 2020 | 18 | 18 | $1,800 | $1,159 | 64.4% |
| 99214 | Established patient office or other outpatient, visit typically 25 minutes | Office | 2020 | 12 | 12 | $1,192 | $815.47 | 68.4% |
About Dr. Seth Sherman, MD
Dr. Seth Sherman, MD is a Orthopaedic Surgery healthcare provider based in Stanford, California. This provider has been registered with the National Plan and Provider Enumeration System (NPPES) since 05/15/2008. The National Provider Identifier (NPI) number assigned to this provider is 1013184290.
According to the Centers for Medicare & Medicaid Services (CMS) Open Payments database, Dr. Seth Sherman, MD has received a total of $968,070 in payments from pharmaceutical and medical device companies, with $194,862 received in 2024. These payments were reported across 815 transactions from 38 companies. The most common payment nature is "Consulting Fee" ($294,501).
As a Medicare-enrolled provider, Sherman has provided services to 390 Medicare beneficiaries, totaling 503 services with total Medicare billing of $34,569. Data is available for 4 years (2020–2023), covering 15 distinct procedure/service records.
Practice Information
- Specialty Orthopaedic Surgery
- Other Specialties Orthopaedic Surgery, Sports Medicine
- Location Stanford, CA
- Active Since 05/15/2008
- Last Updated 04/27/2024
- Taxonomy Code 207X00000X
- Entity Type Individual
- NPI Number 1013184290
Products in Payments
- INFINITY KNEE SYSTEM (Device) $124,399
- EZSTART (Device) $79,476
- MACI (Biological) $71,378
- KNEE BIOLOGICS (Device) $55,569
- AccuFill (Device) $39,672
- LINVATEC KNEE PRESERVATION SYSTEM (Device) $36,489
- KNEE MANUAL INSTRUMENTS (Device) $25,500
- LIVATEC KNEE PRESERVATION SYSTEM (Device) $22,633
- Knee Biologics (Device) $22,531
- PROCARE (Device) $19,980
- EZSTART SCREW (Device) $19,132
- BIOBRACE 23MM (Device) $17,456
- DONJOY (Device) $15,372
- MACI (Drug) $14,321
- NOVOSTITCH PRO (Device) $13,683
- ULTRABUTTON (Device) $13,462
- Zilretta (Drug) $12,784
- ACCU-PASS (Device) $11,715
- Meniscal Root Repair System (Device) $10,250
- REGENETEN (Device) $10,129
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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