7 big orthopedic device companies paid hundreds of millions to physicians last year

CMS updated its Open Payments data June 30, including information on how much orthopedic and spine device companies paid to partnering physicians and institutions.

Advertisement

The Open Payments data has tracked financial compensation over $10 from medical device and pharmaceutical companies since 2016. The most recent data published was reported for the 2022 calendar year.

Below is the amount of money seven orthopedic device companies disclosed in payments to physicians, clincians and healthcare organizations in the last year.

 

 

 Company General Research Royalty or license
Medtronic $126.1 million $54.4 million $41.6 million
DePuy Synthes $125.6 million $291,410 $72.5 million
Stryker $112.3 million $6.7 million $68.9 million
Smith + Nephew $73.4 million $4.4 million $38.2 million
Zimmer Biomet $59 million $4.7 million $39.3 million
Globus Medical $16.2 million $129,748 $10.9 million
NuVasive $16.2 million $1.5 million $9.6 million

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.