Shumpert, questionable because of soreness and stiffness in his left knee, was examined by the team's orthopedic surgeon before tipoff.
The examination revealed no structural damage, and Shumpert does not expect to be limited by the injury although he admitted still feeling soreness.
"I feel a lot better, a whole lot better," he said.
"No matter how I feel, I will play," Martin said before the team's shootaround on Tuesday.
Shumpert suffered a torn ACL in his left knee during the playoffs last year, ending his rookie season and forcing him to miss the first two months of this season.
Shumpert emphasized Tuesday that the knee soreness was not related to his surgically repaired ACL and that it was the result of two collisions in Game 3 that caused his knee to buckle.
"[If my right knee would've buckled, my right knee would be bruised," he said.
Shumpert missed practice each of the past two days because of lingering soreness in the knee. He has played seven more minutes per game in the postseason than he did in the regular season.
Woodson said the minutes increase did not factor into the condition of his knee.
"He played pretty well in that stretch. We've just been cautious to make sure everything is OK before we move forward," Woodson said.
Shumpert has been an invaluable piece in the playoffs for the Knicks, who often ask him to defend the opponent's top scorer. He has averaged 9.8 points and 6.8 rebounds per game.
Pablo Prigioni will come off the bench. The Knicks won 13 straight regular-season games after inserting Prigioni into the starting lineup on March 18.
Woodson has never started Martin and Chandler alongside one another, but this configuration should help the Knicks against the Pacers, who have great length on the front line.
Ian Begley is a regular contributor to ESPNNewYork.com.