Total Payments
$763,420
2024 Payments
$38,979
Companies
23
Transactions
411
Medicare Patients
922
Medicare Billing
$155,402
Payment Breakdown by Category
Consulting$587,325 (76.9%)
Research$102,647 (13.4%)
Travel$37,347 (4.9%)
Other$23,085 (3.0%)
Food & Beverage$13,016 (1.7%)
Payments by Nature
| Nature of Payment | Amount | Transactions | Share |
|---|---|---|---|
| Consulting Fee | $587,325 | 52 | 76.9% |
| Unspecified | $102,647 | 17 | 13.4% |
| Travel and Lodging | $37,347 | 166 | 4.9% |
| Honoraria | $23,085 | 5 | 3.0% |
| Food and Beverage | $13,016 | 171 | 1.7% |
Payments by Type
General
$660,773
394 transactions
Research
$102,647
17 transactions
Top Paying Companies
| Company | Total | Records | Latest Year |
|---|---|---|---|
| MEDACTA USA, INC. | $734,463 | 355 | $0 (2024) |
| LinkBio Corp | $13,000 | 3 | $0 (2022) |
| DJO, LLC | $7,609 | 9 | $0 (2019) |
| ENCORE MEDICAL, LP | $3,890 | 11 | $0 (2019) |
| Biocomposites Inc | $2,758 | 4 | $0 (2023) |
| Stryker Corporation | $301.91 | 7 | $0 (2024) |
| MicroPort Orthopedics Inc | $224.62 | 3 | $0 (2021) |
| Limacorporate S.p.A. | $192.32 | 1 | $0 (2019) |
| DePuy Synthes Sales Inc. | $170.97 | 2 | $0 (2018) |
| Aesculap Implant Systems, LLC | $157.33 | 2 | $0 (2018) |
Payment History by Year
| Year | Amount | Transactions | Top Company |
|---|---|---|---|
| 2024 | $38,979 | 28 | MEDACTA USA, INC. ($38,832) |
| 2023 | $118,903 | 68 | Medacta USA, Inc. ($118,679) |
| 2022 | $106,857 | 48 | MEDACTA USA, INC. ($106,319) |
| 2021 | $52,905 | 43 | MEDACTA USA, INC. ($47,737) |
| 2020 | $58,129 | 20 | Medacta USA, Inc. ($48,026) |
| 2019 | $155,804 | 65 | MEDACTA USA, INC. ($146,428) |
| 2018 | $118,651 | 74 | Medacta USA, Inc. ($115,642) |
| 2017 | $113,191 | 65 | Medacta USA, Inc. ($112,800) |
All Payment Transactions
411 individual payment records from CMS Open Payments — Page 1 of 17
| Date | Company | Product | Nature | Form | Amount | Type |
|---|---|---|---|---|---|---|
| 12/04/2024 | Bioventus LLC | EXOGEN ULTRASOUND BONE HEALING SYSTEM (Device) | Food and Beverage | In-kind items and services | $18.91 | General |
| Category: DEVICES | ||||||
| 11/21/2024 | MEDACTA USA, INC. | GMK Sphere Revision System (Device) | Consulting Fee | Cash or cash equivalent | $1,350.00 | General |
| Category: KNEE | ||||||
| 11/19/2024 | MEDACTA USA, INC. | GMK Sphere Revision System (Device) | Food and Beverage | Cash or cash equivalent | $94.38 | General |
| Category: knee | ||||||
| 11/10/2024 | MEDACTA USA, INC. | AMIStem H Femoral Stems (Device) | Travel and Lodging | Cash or cash equivalent | $1,165.73 | General |
| Category: HIP | ||||||
| 11/09/2024 | MEDACTA USA, INC. | GMK Sphere Revision System (Device) | Food and Beverage | Cash or cash equivalent | $35.23 | General |
| Category: KNEE | ||||||
| 10/10/2024 | MEDACTA USA, INC. | GMK Sphere Revision System (Device) | Travel and Lodging | Cash or cash equivalent | $381.95 | General |
| Category: knee | ||||||
| 10/10/2024 | MEDACTA USA, INC. | AMIStem H Femoral Stems (Device) | Travel and Lodging | Cash or cash equivalent | $56.22 | General |
| Category: HIP | ||||||
| 09/04/2024 | Heron Therapeutics, Inc. | ZYNRELEF (Drug) | Food and Beverage | In-kind items and services | $20.87 | General |
| Category: POST SURGICAL PAIN RELIEF | ||||||
| 08/23/2024 | Stryker Corporation | INSPACE (Device) | Food and Beverage | In-kind items and services | $37.02 | General |
| Category: SPORTS MEDICINE | ||||||
| 08/22/2024 | MEDACTA USA, INC. | GMK Sphere Revision System (Device) | Consulting Fee | Cash or cash equivalent | $900.00 | General |
| Category: knee | ||||||
| 08/22/2024 | MEDACTA USA, INC. | Quadra C Femoral Stems (Device) | Consulting Fee | Cash or cash equivalent | $900.00 | General |
| Category: HIP | ||||||
| 07/26/2024 | Heron Therapeutics, Inc. | ZYNRELEF (Drug) | Food and Beverage | In-kind items and services | $18.60 | General |
| Category: POST SURGICAL PAIN RELIEF | ||||||
| 06/27/2024 | Stryker Corporation | INSPACE (Device) | Food and Beverage | In-kind items and services | $51.49 | General |
| Category: SPORTS MEDICINE | ||||||
| 06/19/2024 | MEDACTA USA, INC. | GMK Sphere Revision System (Device) | Food and Beverage | Cash or cash equivalent | $79.94 | General |
| Category: knee | ||||||
| 05/09/2024 | MEDACTA USA, INC. | MOTO Partial Knee System (Device) | Travel and Lodging | Cash or cash equivalent | $453.60 | General |
| Category: KNEE | ||||||
| 04/18/2024 | MEDACTA USA, INC. | GMK Sphere Revision System (Device) | Consulting Fee | Cash or cash equivalent | $15,700.00 | General |
| Category: knee | ||||||
| 04/18/2024 | MEDACTA USA, INC. | Quadra C Femoral Stems (Device) | Consulting Fee | Cash or cash equivalent | $450.00 | General |
| Category: HIP | ||||||
| 02/03/2024 | MEDACTA USA, INC. | AMIStem H Femoral Stems (Device) | Food and Beverage | Cash or cash equivalent | $107.00 | General |
| Category: HIP | ||||||
| 02/03/2024 | MEDACTA USA, INC. | AMIStem H Femoral Stems (Device) | Travel and Lodging | Cash or cash equivalent | $65.00 | General |
| Category: HIP | ||||||
| 02/02/2024 | MEDACTA USA, INC. | AMIStem H Femoral Stems (Device) | Travel and Lodging | Cash or cash equivalent | $248.49 | General |
| Category: HIP | ||||||
| 02/02/2024 | MEDACTA USA, INC. | AMIStem H Femoral Stems (Device) | Travel and Lodging | Cash or cash equivalent | $153.00 | General |
| Category: HIP | ||||||
| 02/02/2024 | MEDACTA USA, INC. | AMIStem H Femoral Stems (Device) | Food and Beverage | Cash or cash equivalent | $129.55 | General |
| Category: HIP | ||||||
| 02/02/2024 | MEDACTA USA, INC. | AMIStem H Femoral Stems (Device) | Travel and Lodging | Cash or cash equivalent | $33.12 | General |
| Category: HIP | ||||||
| 02/02/2024 | MEDACTA USA, INC. | AMIStem H Femoral Stems (Device) | Travel and Lodging | Cash or cash equivalent | $6.62 | General |
| Category: HIP | ||||||
| 01/25/2024 | MEDACTA USA, INC. | GMK Sphere Revision System (Device) | Consulting Fee | Cash or cash equivalent | $7,850.00 | General |
| Category: KNEE | ||||||
Research Studies & Clinical Trials
| Study Name | Company | Amount | Records |
|---|---|---|---|
| GMK SPHERE MULTICENTER | MEDACTA USA, INC. | $46,860 | 8 |
| GMK Sphere | Medacta USA, Inc. | $29,179 | 2 |
| GMK SPHERE | MEDACTA USA, INC. | $15,649 | 4 |
| GMK SPHERE | Medacta USA, Inc. | $8,210 | 2 |
| Medacta GMK Sphere Medial-Pivot, Cruciate Substituting Multicenter, Post-market Outcomes Study | Medacta USA, Inc. | $2,750 | 1 |
Medicare Billing by Year
| Year | Procedures | Beneficiaries | Services | Submitted | Medicare Paid |
|---|---|---|---|---|---|
| 2023 | 5 | 239 | 326 | $168,671 | $40,852 |
| 2022 | 5 | 186 | 279 | $142,953 | $34,866 |
| 2021 | 6 | 252 | 356 | $170,855 | $44,391 |
| 2020 | 6 | 245 | 361 | $130,309 | $35,293 |
Total Patients
922
Total Services
1,322
Medicare Billing
$155,402
Procedure Codes
22
All Medicare Procedures & Services
22 procedure records from CMS Medicare Utilization
| HCPCS | Description | Setting | Year | Patients | Services | Charges | Medicare Paid | Ratio |
|---|---|---|---|---|---|---|---|---|
| 99215 | Established patient office or other outpatient visit, 40-54 minutes | Facility | 2023 | 102 | 153 | $61,863 | $15,637 | 25.3% |
| 27447 | Replacement of knee joint, both sides of knee | Facility | 2023 | 12 | 12 | $57,367 | $13,461 | 23.5% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Facility | 2023 | 57 | 80 | $22,204 | $5,144 | 23.2% |
| 99205 | New patient office or other outpatient visit, 60-74 minutes | Facility | 2023 | 36 | 36 | $18,538 | $4,931 | 26.6% |
| 20610 | Aspiration and/or injection of fluid from large joint | Facility | 2023 | 32 | 45 | $8,700 | $1,680 | 19.3% |
| 27447 | Replacement of knee joint, both sides of knee | Facility | 2022 | 14 | 16 | $69,838 | $16,699 | 23.9% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Facility | 2022 | 99 | 167 | $46,221 | $12,071 | 26.1% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Facility | 2022 | 25 | 25 | $9,626 | $2,160 | 22.4% |
| 20610 | Aspiration and/or injection of fluid from large joint | Facility | 2022 | 33 | 54 | $10,400 | $2,047 | 19.7% |
| 99215 | Established patient office or other outpatient visit, 40-54 minutes | Facility | 2022 | 15 | 17 | $6,869 | $1,887 | 27.5% |
| 27447 | Repair of knee joint, lower or upper part of joint, inside and outside area | Facility | 2021 | 17 | 18 | $80,760 | $20,741 | 25.7% |
| 99214 | Established patient outpatient visit, total time 30-39 minutes | Facility | 2021 | 119 | 198 | $54,756 | $14,611 | 26.7% |
| 99204 | New patient outpatient visit, total time 45-59 minutes | Facility | 2021 | 29 | 29 | $10,928 | $3,032 | 27.7% |
| 20610 | Aspiration and/or injection of large joint or joint capsule | Facility | 2021 | 45 | 58 | $11,040 | $2,351 | 21.3% |
| 99213 | Established patient outpatient visit, total time 20-29 minutes | Facility | 2021 | 31 | 42 | $7,784 | $2,187 | 28.1% |
| 99205 | New patient outpatient visit, total time 60-74 minutes | Facility | 2021 | 11 | 11 | $5,587 | $1,468 | 26.3% |
| 27447 | Repair of knee joint | Facility | 2020 | 16 | 17 | $74,826 | $20,374 | 27.2% |
| 99213 | Established patient office or other outpatient visit, typically 15 minutes | Facility | 2020 | 121 | 218 | $28,929 | $8,347 | 28.9% |
| 20610 | Aspiration and/or injection of large joint or joint capsule | Facility | 2020 | 49 | 67 | $12,800 | $2,717 | 21.2% |
| 99203 | New patient office or other outpatient visit, typically 30 minutes | Facility | 2020 | 34 | 34 | $6,842 | $1,934 | 28.3% |
| 99204 | New patient office or other outpatient visit, typically 45 minutes | Facility | 2020 | 13 | 13 | $4,440 | $1,222 | 27.5% |
| 99214 | Established patient office or other outpatient, visit typically 25 minutes | Facility | 2020 | 12 | 12 | $2,472 | $699.07 | 28.3% |
About Dr. Fernando Sanchez, M.D
Dr. Fernando Sanchez, M.D is a Specialist healthcare provider based in New Orleans, Louisiana. This provider has been registered with the National Plan and Provider Enumeration System (NPPES) since 02/23/2006. The National Provider Identifier (NPI) number assigned to this provider is 1295701035.
According to the Centers for Medicare & Medicaid Services (CMS) Open Payments database, Dr. Fernando Sanchez, M.D has received a total of $763,420 in payments from pharmaceutical and medical device companies, with $38,979 received in 2024. These payments were reported across 411 transactions from 23 companies. The most common payment nature is "Consulting Fee" ($587,325).
As a Medicare-enrolled provider, Sanchez has provided services to 922 Medicare beneficiaries, totaling 1,322 services with total Medicare billing of $155,402. Data is available for 4 years (2020–2023), covering 22 distinct procedure/service records.
Ad
Practice Information
- Specialty Specialist
- Other Specialties Orthopaedic Surgery
- Location New Orleans, LA
- Active Since 02/23/2006
- Last Updated 06/01/2012
- Taxonomy Code 174400000X
- Entity Type Individual
- NPI Number 1295701035
Products in Payments
- GMK SPHERE (Device) $214,115
- GMK Sphere (Device) $164,373
- GMK Revision (Device) $123,524
- Efficiency (Device) $30,250
- GMK Sphere Revision System (Device) $27,664
- Quadra (Device) $17,163
- GMK REVISION (Device) $10,556
- AMISTEM (Device) $9,280
- Quadra C Femoral Stems (Device) $8,750
- MASTERLOC (Device) $6,439
- AMIStem (Device) $6,065
- Stimulan (Device) $2,758
- MOTO Uni (Device) $2,015
- AMIStem H Femoral Stems (Device) $1,965
- DJO Surgical Exprt Revision Hip (Device) $1,610
- DJO Surgical TaperFill Hip System (Device) $1,480
- MOTO UNI (Device) $739.97
- DJO Surgical CLP Hip System (Device) $509.96
- MOTO Partial Knee System (Device) $453.60
- Masterloc (Device) $374.29
Explore
Data Sources
Provider data from NPPES. Payment data from CMS Open Payments. Medicare data from CMS Medicare Provider Utilization. All data is public and updated periodically.
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