DATA STUDY · 2025 EDITION · CMS OPEN PAYMENTS · 2024

The Highest-Paid Medicare Providers by Pharma & Device Companies

In 2024, drug and medical-device companies paid 979,136 U.S. healthcare providers a combined $2.64B 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.

$2.64B
TOTAL INDUSTRY PAYMENTS
979,136
PROVIDERS PAID
$3K
AVERAGE PER PROVIDER
$91.1M
SINGLE LARGEST RECIPIENT
▸ SPECIALTIES OF THE HIGHEST-PAID PROVIDERS

Open Payments dollars among the top 50 providers, by specialty

Orthopedic Surgery$115.5MPsychiatry & Neurology$17.5MNeurosurgery$16.5MOrthopaedic Surgery$13.2MPlastic Surgery$7.4MThoracic Surgery$4.7MOphthalmology$4.6MPediatric Medicine$3.4MFamily Practice$3.1MDentist$3.0M
▸ TOP 50 HIGHEST-PAID PROVIDERS

The 50 providers paid the most by industry

Ranked by total Open Payments dollars received in 2024, across all payment categories. Each provider links to their full CareTrace profile — utilization, prescribing, quality, and the payment breakdown by category.

#ProviderNPISpecialtyLocationPayments receivedRecords
118211570411821157041$91,082,7061
2Robert MedoffMD1508830258Orthopedic SurgeryKailua, HI$26,746,0523
3Nitin GoyalM.D.1326242116Orthopedic SurgeryArlington, VA$25,000,3427
4Ivan Osorio1336247469Psychiatry & NeurologyKansas City, KS$17,456,0535
513664874981366487498$17,332,1763
6Kevin FoleyMD1861451874NeurosurgeryMemphis, TN$16,529,11861
7Roger Jackson1811044548Orthopaedic SurgeryNorth Kansas City, MO$10,635,15222
817403929011740392901$7,852,26911
9Erik KubiakM.D.1003825753Orthopedic SurgeryLas Vegas, NV$7,496,960140
10William Binder1205980448Plastic SurgeryBeverly Hills, CA$7,420,9975
11Mark FrankleMD1780680074Orthopedic SurgeryTemple Terrace, FL$7,333,021150
1212957379301295737930$7,220,1214
1316694573541669457354$6,849,43122
14Anthony RomeoM.D.1013996891Orthopedic SurgeryNew York, NY$4,845,177107
1514876466911487646691$4,804,6994
16Anthony NunezM.D.1093745028Thoracic SurgeryOrlando, FL$4,670,9807
17Paul BradyMD1760468128Orthopedic SurgeryKnoxville, TN$4,590,164112
18Mark LobanoffM.D.1205870045OphthalmologySt Louis Park, MN$4,573,42953
19Lawrence LenkeMD1841216165Orthopedic SurgeryNew York, NY$4,040,98874
2019120820251912082025$3,975,5753
2118119924491811992449$3,854,017148
2210139846731013984673$3,796,06211
23Benjamin DombM.D.1154454635Orthopedic SurgeryDes Plaines, IL$3,625,367106
24Dwight Koeberl1023192184Pediatric MedicineDurham, NC$3,431,6761
25Colin PooleMD1215948104Orthopedic SurgeryBoise, ID$3,207,411100
26Edward CainMD1578538112Orthopedic SurgeryBirmingham, AL$3,203,78055
27Alexander FrankM.D.1164450573Family PracticeOklahoma City, OK$3,082,2251
28Ryan Molis1083824544DentistBurr Ridge, IL$3,035,53740
29Paul TornettaM.D.1073561973Orthopedic SurgeryBoston, MA$3,015,52935
30Lee KaplanMD1417912171Orthopedic SurgeryMiami, FL$3,004,2378
3117008639901700863990$2,885,48859
32Jeffrey DugasMD1912974734Orthopedic SurgeryBirmingham, AL$2,818,35149
3316090540061609054006$2,789,4613
34Aaron HofmannMD1801986401Orthopedic SurgerySalt Lake City, UT$2,596,81916
35Robert Gorab1326035601Orthopaedic SurgeryOrange, CA$2,525,59424
3611745684891174568489$2,503,16362
37Patrick DenardMD1578684627Orthopedic SurgeryMedford, OR$2,500,389311
3814771509691477150969$2,366,19418
3911745724651174572465$2,356,2814
40Reuben GobezieMD1295786770Orthopedic SurgeryCleveland, OH$2,341,67474
41Evan LedermanMD1932183456Orthopedic SurgeryPhoenix, AZ$2,325,61882
42Asheesh BediMD1508081589Orthopedic SurgeryAnn Arbor, MI$2,310,337311
43Roy SandersMD1881691681Orthopedic SurgeryTemple Terrace, FL$2,283,95650
4412654077951265407795$2,269,75334
4519827475491982747549$2,225,869109
46Thomas FehringMD1134101165Orthopedic SurgeryCharlotte, NC$2,225,03331
4710038607501003860750$2,222,223176
4811543166361154316636$2,213,66312
4918816745471881674547$2,200,1568
5018415616511841561651$2,193,67964
▸ BY SPECIALTY

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.

▸ BY STATE

Industry payments by state

Total Open Payments dollars received by providers in each state. Click a state to browse its top Medicare providers.

California$233.6MFlorida$181.1MNew York$164.3MTexas$163.2MPennsylvania$91.6MIllinois$90.9MOhio$81.3MNorth Carolina$76.7MVirginia$69.8MTennessee$66.1MMichigan$58.6MGeorgia$57.0MMassachusetts$52.7MNew Jersey$49.5MArizona$49.5MMissouri$47.9MColorado$41.1MMinnesota$39.3MMaryland$38.6MIndiana$34.0MWashington$31.6MKansas$31.4MHawaii$31.2MKentucky$30.4MAlabama$28.8MSouth Carolina$28.8MLouisiana$27.3MConnecticut$25.4MUtah$23.2MNevada$23.1MOklahoma$19.7MWisconsin$19.5MOregon$15.5MDistrict of Columbia$14.4MMississippi$12.1MArkansas$11.6MIdaho$11.2MIowa$10.7MNebraska$7.9MWest Virginia$7.8MPuerto Rico$7.1MNew Hampshire$6.5MRhode Island$6.0MNew Mexico$4.6MSouth Dakota$4.5MDelaware$3.0MMaine$2.7MMontana$1.8MNorth Dakota$1.8MAlaska$1.5MVermont$1.2MWyoming$955KGuam$94KZZ$38KAE$32KU.S. Virgin Islands$19KAP$9KXX$8KAA$5KNorthern Mariana Islands$231

Methodology

Figures come from the CMS Open Payments dataset for 2024 — 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.

▸ USE THIS RESEARCH

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.

CITATION
CareTrace. (2024). The Highest-Paid Medicare Providers. Retrieved from https://caretrace.io/highest-paid-medicare-providers
EMBED THIS STAT (paste the HTML into your article)
<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>979,136 U.S. providers received $2.64B from drug and device companies</strong><br>Source: CareTrace — The Highest-Paid Medicare Providers (2024)</a>
PREVIEW
979,136 U.S. providers received $2.64B from drug and device companies
Source: CareTraceThe Highest-Paid Medicare Providers (2024)