The Highest-Paid Medicare Providers by Pharma & Device Companies
In 2025, drug and medical-device companies paid 1,020,604 U.S. healthcare providers a combined $2.89B in consulting fees, speaking fees, research funding, travel, and meals — all disclosed under the federal Sunshine Act. Below: the 50 providers paid the most, and how the money breaks down by state and specialty. Every provider links to their full CareTrace profile. Drawn from the latest CMS Open Payments release; updated annually.
Open Payments dollars among the top 50 providers, by specialty
The 50 providers paid the most by industry
Ranked by total Open Payments dollars received in 2025, across all payment categories. Each provider links to their full CareTrace profile — utilization, prescribing, quality, and the payment breakdown by category.
| # | Provider | NPI | Specialty | Location | Payments received | Records |
|---|---|---|---|---|---|---|
| 1 | 1437659208 | 1437659208 | — | — | $55,070,157 | 2 |
| 2 | Nitin GoyalM.D. | 1326242116 | Orthopedic Surgery | Arlington, VA | $30,000,068 | 2 |
| 3 | Matthew AllawayDO | 1386750057 | Urology | Cumberland, MD | $20,624,190 | 31 |
| 4 | Kevin FoleyMD | 1861451874 | Neurosurgery | Memphis, TN | $20,187,012 | 52 |
| 5 | Ivan Osorio | 1336247469 | Psychiatry & Neurology | Kansas City, KS | $18,183,201 | 5 |
| 6 | 1518904556 | 1518904556 | — | — | $17,063,429 | 1 |
| 7 | Fred LeeMD | 1427027713 | Diagnostic Radiology | Madison, WI | $14,065,876 | 2 |
| 8 | 1689601585 | 1689601585 | — | — | $13,127,854 | 1 |
| 9 | 1760579601 | 1760579601 | — | — | $12,833,456 | 5 |
| 10 | 1831617984 | 1831617984 | — | — | $12,257,629 | 2 |
| 11 | Roger Jackson | 1811044548 | Orthopaedic Surgery | North Kansas City, MO | $12,171,415 | 25 |
| 12 | William Binder | 1205980448 | Plastic Surgery | Beverly Hills, CA | $9,640,039 | 9 |
| 13 | 1386687689 | 1386687689 | — | — | $8,990,540 | 5 |
| 14 | 1295737930 | 1295737930 | — | — | $7,192,841 | 15 |
| 15 | Paul BradyMD | 1760468128 | Orthopedic Surgery | Knoxville, TN | $6,145,755 | 76 |
| 16 | Anthony RomeoM.D. | 1013996891 | Orthopedic Surgery | New York, NY | $5,380,954 | 75 |
| 17 | 1669457354 | 1669457354 | — | — | $5,298,455 | 20 |
| 18 | 1487646691 | 1487646691 | — | — | $5,156,899 | 4 |
| 19 | Benjamin DombM.D. | 1154454635 | Orthopedic Surgery | Des Plaines, IL | $4,602,703 | 79 |
| 20 | Lawrence LenkeMD | 1841216165 | Orthopedic Surgery | New York, NY | $4,416,497 | 54 |
| 21 | 1013984673 | 1013984673 | — | — | $3,812,802 | 12 |
| 22 | 1700863990 | 1700863990 | — | — | $3,484,925 | 30 |
| 23 | Ryan Molis | 1083824544 | Dentist | Burr Ridge, IL | $3,458,062 | 44 |
| 24 | Paul TornettaM.D. | 1073561973 | Orthopedic Surgery | Boston, MA | $3,357,835 | 30 |
| 25 | Charles DecookMD | 1386794113 | Orthopedic Surgery | Cumming, GA | $3,239,503 | 140 |
| 26 | 1811992449 | 1811992449 | — | — | $3,160,457 | 156 |
| 27 | Edward CainMD | 1578538112 | Orthopedic Surgery | Birmingham, AL | $2,980,039 | 45 |
| 28 | 1265407795 | 1265407795 | — | — | $2,967,193 | 26 |
| 29 | Thomas FehringMD | 1134101165 | Orthopedic Surgery | Charlotte, NC | $2,956,294 | 30 |
| 30 | Lee KaplanMD | 1417912171 | Orthopedic Surgery | Miami, FL | $2,956,192 | 9 |
| 31 | 1154316636 | 1154316636 | — | — | $2,954,168 | 25 |
| 32 | Patrick DenardMD | 1578684627 | Orthopedic Surgery | Medford, OR | $2,909,265 | 317 |
| 33 | Andrew CooperM.D. | 1710188479 | Orthopedic Surgery | Clearwater, FL | $2,905,357 | 7 |
| 34 | 1477150969 | 1477150969 | — | — | $2,883,079 | 17 |
| 35 | Thomas DavenportM.D. | 1174583405 | Plastic and Reconstructive Surgery | Garden City, NY | $2,817,573 | 27 |
| 36 | Evan LedermanMD | 1932183456 | Orthopedic Surgery | Phoenix, AZ | $2,782,578 | 89 |
| 37 | Stephen HowellM.D. | 1972697704 | Orthopedic Surgery | Sacramento, CA | $2,710,197 | 178 |
| 38 | Mark FrankleMD | 1780680074 | Orthopedic Surgery | Temple Terrace, FL | $2,693,778 | 79 |
| 39 | Reuben GobezieMD | 1295786770 | Orthopedic Surgery | Cleveland, OH | $2,658,969 | 21 |
| 40 | Asheesh BediMD | 1508081589 | Orthopedic Surgery | Ann Arbor, MI | $2,607,646 | 302 |
| 41 | Bradford ParsonsM.D. | 1386601979 | Orthopedic Surgery | New York, NY | $2,599,187 | 141 |
| 42 | Jeffrey DugasMD | 1912974734 | Orthopedic Surgery | Birmingham, AL | $2,570,114 | 36 |
| 43 | Paul LaesekeMD, PHD | 1902030778 | Interventional Radiology | Madison, WI | $2,545,428 | 12 |
| 44 | Douglas DennisMD | 1275524647 | Orthopedic Surgery | Denver, CO | $2,515,928 | 25 |
| 45 | 1003860750 | 1003860750 | — | — | $2,327,662 | 430 |
| 46 | Sang LeeM.D. | 1386651867 | Colorectal Surgery (Proctology) | Los Angeles, CA | $2,296,585 | 39 |
| 47 | Gregory PearlMD | 1720041783 | Vascular Surgery | Dallas, TX | $2,290,128 | 55 |
| 48 | 1174572465 | 1174572465 | — | — | $2,257,900 | 4 |
| 49 | George Vito | 1003888298 | Podiatry | Le Roy, NY | $2,250,093 | 15 |
| 50 | Mark PagnanoM.D. | 1568434371 | Orthopedic Surgery | Rochester, MN | $2,247,402 | 62 |
Specialties of the highest-paid providers
Open Payments dollars among the 50 highest-paid providers, grouped by specialty. Click any specialty to see its top Medicare providers.
Industry payments by state
Total Open Payments dollars received by providers in each state. Click a state to browse its top Medicare providers.
Methodology
Figures come from the CMS Open Payments dataset for 2025 — the federal database created by the Physician Payments Sunshine Act, which requires drug and medical-device manufacturers to report payments and transfers of value to physicians and teaching hospitals. We sum every reported payment (general, research, and ownership) per provider NPI, then rank providers by their total. Provider names, specialties, and locations are matched from CareTrace's Medicare provider rollup.
Industry payments are legal and disclosed; many reflect legitimate research, consulting, or medical education. This ranking is a transparency lens, not an allegation of wrongdoing. Want the full payment breakdown for a specific provider — by category, alongside their Medicare prescribing and utilization? Use provider search or browse the KOL finder.
Cite or embed this study
This research is free to reference. Journalists and researchers are welcome to cite the figures with a link back to CareTrace.
CareTrace. (2025). The Highest-Paid Medicare Providers. Retrieved from https://caretrace.io/highest-paid-medicare-providers
<a href="https://caretrace.io/highest-paid-medicare-providers" style="display:inline-block;border-left:4px solid #84cc16;padding:10px 14px;font:14px/1.4 system-ui,sans-serif;color:#0f172a;text-decoration:none;background:#f8fafc;border-radius:4px;max-width:520px"><strong>1,020,604 U.S. providers received $2.89B from drug and device companies</strong><br>Source: CareTrace — The Highest-Paid Medicare Providers (2025)</a>
Source: CareTrace — The Highest-Paid Medicare Providers (2025)