Orthopedic surgery tops specialties for industry payments at $258M

Written by Laura Dyrda | July 03, 2018 | Print  |

Orthopedic surgeons received the highest value of payments, according to the CMS Open Payment Data in 2017.

Orthopedic surgeons received $258 million of the $8.4 billion medical device and pharmaceutical companies gave to healthcare providers in 2017, according to Policy & Medicine.

The next highest value specialty was neurology, which received $93 million. Neurological surgeons received $78 million by comparison.

Medtronic Sofamor Danek reported 47,908 general transactions and $61.6 million in total general payments. The company also provided $1.6 million in research payments. By comparison, Zimmer Biomet made about $110 million in general payments and $7.4 million in research payments.

Stryker provided $68.8 million in general payments and $9.9 million in research payments. DePuy Synthes made $70.8 million in general payments and $8.8 million in research payments.

More articles on orthopedic devices:
How much 7 orthopedic and spine device company CFOs made in 2017
Stryker gets $2.6M from Michigan Strategic Fund Board for facility expansion: 5 things to know
3 orthopedic & spine device companies with new device launches, releases

© Copyright ASC COMMUNICATIONS 2018. Interested in LINKING to or REPRINTING this content? View our policies here.

Top 40 Articles from the Past 6 Months