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
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
