Total Payments
$48,436
2024 Payments
$11,713
Companies
20
Transactions
183
Medicare Patients
3,494
Medicare Billing
$372,295
Payment Breakdown by Category
Education$13,661 (28.2%)
Travel$9,875 (20.4%)
Consulting$8,750 (18.1%)
Other$8,500 (17.5%)
Food & Beverage$7,651 (15.8%)
Payments by Nature
| Nature of Payment | Amount | Transactions | Share |
|---|---|---|---|
| Education | $13,661 | 9 | 28.2% |
| Travel and Lodging | $9,875 | 44 | 20.4% |
| Consulting Fee | $8,750 | 9 | 18.1% |
| Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program | $8,500 | 2 | 17.5% |
| Food and Beverage | $7,651 | 119 | 15.8% |
Top Paying Companies
| Company | Total | Records | Latest Year |
|---|---|---|---|
| Globus Medical, Inc. | $18,999 | 36 | $0 (2024) |
| Smith+Nephew, Inc. | $16,192 | 43 | $0 (2024) |
| MEDACTA USA, INC. | $3,871 | 37 | $0 (2024) |
| Peerless Surgical Inc. | $3,037 | 7 | $0 (2024) |
| CurveBeam LLC | $2,250 | 2 | $0 (2024) |
| Zimmer Biomet Holdings, Inc. | $1,548 | 17 | $0 (2024) |
| Stryker Corporation | $1,020 | 15 | $0 (2021) |
| Medical Device Business Services, Inc. | $637.97 | 4 | $0 (2021) |
| Bioventus LLC | $179.29 | 5 | $0 (2024) |
| DePuy Synthes Sales Inc. | $164.58 | 6 | $0 (2022) |
Payment History by Year
| Year | Amount | Transactions | Top Company |
|---|---|---|---|
| 2024 | $11,713 | 25 | Globus Medical, Inc. ($9,573) |
| 2023 | $12,429 | 48 | Globus Medical, Inc. ($9,425) |
| 2022 | $5,268 | 26 | Smith+Nephew, Inc. ($2,632) |
| 2021 | $1,851 | 25 | Stryker Corporation ($695.81) |
| 2020 | $1,313 | 8 | Peerless Surgical Inc. ($706.33) |
| 2019 | $8,198 | 24 | Smith+Nephew, Inc. ($6,330) |
| 2018 | $7,341 | 25 | Smith & Nephew, Inc. ($6,231) |
| 2017 | $324.98 | 2 | Medical Device Business Services, Inc. ($324.98) |
All Payment Transactions
183 individual payment records from CMS Open Payments — Page 1 of 8
| Date | Company | Product | Nature | Form | Amount | Type |
|---|---|---|---|---|---|---|
| 12/20/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $185.90 | General |
| Category: Spine/Spine Surgery | ||||||
| 12/20/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $170.00 | General |
| Category: Spine/Spine Surgery | ||||||
| 12/20/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $164.08 | General |
| Category: Spine/Spine Surgery | ||||||
| 12/20/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $84.68 | General |
| Category: Spine/Spine Surgery | ||||||
| 12/20/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $27.00 | General |
| Category: Spine/Spine Surgery | ||||||
| 12/19/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $156.00 | General |
| Category: Spine/Spine Surgery | ||||||
| 12/09/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $667.19 | General |
| Category: Spine/Spine Surgery | ||||||
| 12/09/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $22.00 | General |
| Category: Spine/Spine Surgery | ||||||
| 12/09/2024 | Globus Medical, Inc. | ExcelsiusGPS Robotic Navigation System (Device) | Travel and Lodging | Cash or cash equivalent | $5.00 | General |
| Category: Spine/Spine Surgery | ||||||
| 12/06/2024 | Globus Medical, Inc. | — | Consulting Fee | Cash or cash equivalent | $275.00 | General |
| 10/11/2024 | Peerless Surgical Inc. | — | Food and Beverage | In-kind items and services | $15.73 | General |
| 09/10/2024 | Globus Medical, Inc. | — | Consulting Fee | Cash or cash equivalent | $275.00 | General |
| 08/24/2024 | Smith+Nephew, Inc. | REAL INTELLIGENCE (Device), REDAPT | Food and Beverage | In-kind items and services | $30.65 | General |
| Category: Recon Robotics | ||||||
| 07/17/2024 | CurveBeam LLC | — | Consulting Fee | Cash or cash equivalent | $1,750.00 | General |
| 07/15/2024 | MEDACTA USA, INC. | GMK Sphere Revision System (Device) | Food and Beverage | Cash or cash equivalent | $132.98 | General |
| Category: knee | ||||||
| 06/14/2024 | Bioventus LLC | DUROLANE (Device) | Food and Beverage | In-kind items and services | $17.12 | General |
| Category: ORTHOPEDICSORTHOPEDIC SURGERY | ||||||
| 05/13/2024 | Smith+Nephew, Inc. | REAL INTELLIGENCE (Device) | Food and Beverage | In-kind items and services | $18.35 | General |
| Category: Recon Robotics | ||||||
| 03/27/2024 | HERAEUS MEDICAL, LLC. | PALACOS (Device) | Food and Beverage | In-kind items and services | $13.14 | General |
| Category: BONE CEMENT | ||||||
| 03/21/2024 | Globus Medical, Inc. | — | Consulting Fee | Cash or cash equivalent | $425.00 | General |
| 03/13/2024 | Sanara MedTech Inc. | CellerateRx (Device) | Food and Beverage | Cash or cash equivalent | $19.27 | General |
| Category: Collagen based wound filler | ||||||
| 02/22/2024 | Globus Medical, Inc. | — | Consulting Fee | Cash or cash equivalent | $425.00 | General |
| 01/31/2024 | Zimmer Biomet Holdings, Inc. | Persona (Device) | Food and Beverage | In-kind items and services | $142.24 | General |
| Category: Knees | ||||||
| 01/25/2024 | Globus Medical, Inc. | — | Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program | Cash or cash equivalent | $4,250.00 | General |
| 01/25/2024 | Globus Medical, Inc. | — | Consulting Fee | Cash or cash equivalent | $2,337.50 | General |
| 01/25/2024 | Globus Medical, Inc. | — | Travel and Lodging | Cash or cash equivalent | $104.14 | General |
Medicare Billing by Year
| Year | Procedures | Beneficiaries | Services | Submitted | Medicare Paid |
|---|---|---|---|---|---|
| 2023 | 18 | 821 | 1,164 | $440,372 | $112,304 |
| 2022 | 18 | 1,053 | 2,450 | $400,465 | $115,964 |
| 2021 | 17 | 882 | 1,288 | $312,899 | $90,556 |
| 2020 | 18 | 738 | 989 | $195,183 | $53,471 |
Total Patients
3,494
Total Services
5,891
Medicare Billing
$372,295
Procedure Codes
71
All Medicare Procedures & Services
71 procedure records from CMS Medicare Utilization — Page 1 of 3
| HCPCS | Description | Setting | Year | Patients | Services | Charges | Medicare Paid | Ratio |
|---|---|---|---|---|---|---|---|---|
| 27447 | Replacement of knee joint, both sides of knee | Facility | 2023 | 35 | 40 | $184,373 | $38,049 | 20.6% |
| 27130 | Replacement of thigh bone and hip joint with prosthesis | Facility | 2023 | 22 | 22 | $91,640 | $21,356 | 23.3% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Office | 2023 | 160 | 190 | $45,030 | $16,217 | 36.0% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Office | 2023 | 71 | 71 | $27,690 | $7,530 | 27.2% |
| 99215 | Established patient office or other outpatient visit, 40-54 minutes | Office | 2023 | 40 | 41 | $14,104 | $5,209 | 36.9% |
| 20610 | Aspiration and/or injection of fluid from large joint | Office | 2023 | 59 | 66 | $14,938 | $3,212 | 21.5% |
| 73502 | X-ray of hip, 2-3 views | Office | 2023 | 76 | 94 | $7,743 | $3,086 | 39.9% |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Office | 2023 | 40 | 46 | $6,946 | $2,823 | 40.6% |
| 73564 | X-ray of knee, 4 or more views | Office | 2023 | 60 | 81 | $8,364 | $2,735 | 32.7% |
| 73562 | X-ray of knee, 3 views | Office | 2023 | 62 | 79 | $7,110 | $2,138 | 30.1% |
| 99223 | Initial hospital care with moderate level of medical decision making, if using time, at least 75 minutes | Facility | 2023 | 14 | 14 | $6,328 | $1,806 | 28.5% |
| 0055T | Musculoskeletal surgical navigational orthopedic operation using imaging guidance | Facility | 2023 | 14 | 14 | $4,802 | $1,600 | 33.3% |
| 20985 | Computer-assisted surgery for muscle and bone procedure | Facility | 2023 | 14 | 14 | $6,116 | $1,499 | 24.5% |
| J0702 | Injection, betamethasone acetate 3 mg and betamethasone sodium phosphate 3 mg | Office | 2023 | 57 | 288 | $3,208 | $1,481 | 46.2% |
| 72100 | X-ray of lower and sacral spine, 2-3 views | Office | 2023 | 48 | 48 | $5,088 | $1,407 | 27.6% |
| 0054T | Computer-assisted, fluoroscopic image-guided musculoskeletal surgical navigational orthopedic operation | Facility | 2023 | 11 | 11 | $3,773 | $1,206 | 32.0% |
| 73030 | X-ray of shoulder, minimum of 2 views | Office | 2023 | 23 | 26 | $2,340 | $679.25 | 29.0% |
| 99406 | Smoking and tobacco use intensive counseling, 4-10 minutes | Office | 2023 | 15 | 19 | $779.00 | $272.27 | 35.0% |
| 27447 | Replacement of knee joint, both sides of knee | Facility | 2022 | 25 | 25 | $104,050 | $24,388 | 23.4% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Office | 2022 | 206 | 250 | $59,250 | $21,713 | 36.6% |
| 27130 | Replacement of thigh bone and hip joint with prosthesis | Facility | 2022 | 18 | 19 | $73,416 | $18,584 | 25.3% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Office | 2022 | 102 | 102 | $39,780 | $11,517 | 29.0% |
| 20610 | Aspiration and/or injection of fluid from large joint | Office | 2022 | 104 | 126 | $30,264 | $6,448 | 21.3% |
| J7325 | Hyaluronan or derivative, synvisc or synvisc-one, for intra-articular injection, 1 mg | Office | 2022 | 11 | 768 | $19,200 | $6,207 | 32.3% |
| 99215 | Established patient office or other outpatient visit, 40-54 minutes | Office | 2022 | 40 | 41 | $14,104 | $5,330 | 37.8% |
About Dr. Michael Prater, D.O
Dr. Michael Prater, D.O is a Orthopaedic Surgery healthcare provider based in Gastonia, North Carolina. This provider has been registered with the National Plan and Provider Enumeration System (NPPES) since 10/02/2012. The National Provider Identifier (NPI) number assigned to this provider is 1982955886.
According to the Centers for Medicare & Medicaid Services (CMS) Open Payments database, Dr. Michael Prater, D.O has received a total of $48,436 in payments from pharmaceutical and medical device companies, with $11,713 received in 2024. These payments were reported across 183 transactions from 20 companies. The most common payment nature is "Education" ($13,661).
As a Medicare-enrolled provider, Prater has provided services to 3,494 Medicare beneficiaries, totaling 5,891 services with total Medicare billing of $372,295. Data is available for 4 years (2020–2023), covering 71 distinct procedure/service records.
Ad
Practice Information
- Specialty Orthopaedic Surgery
- Location Gastonia, NC
- Active Since 10/02/2012
- Last Updated 08/20/2019
- Taxonomy Code 207X00000X
- Entity Type Individual
- NPI Number 1982955886
Products in Payments
- PROVIDENCE (Device) $7,276
- Legacy Stelkast Knee (Device) $2,101
- REAL INTELLIGENCE (Device) $1,509
- ExcelsiusGPS Robotic Navigation System (Device) $1,482
- JOURNEY II (Device) $1,473
- AMIStem (Device) $1,161
- AMISTEM (Device) $998.09
- GMK Sphere (Device) $869.37
- MAKO (Device) $841.43
- Journey II BCS (Device) $761.06
- JII Unicondylar Knee System (Device) $757.80
- Journey II XR (Device) $630.56
- GMK SPHERE (Device) $584.48
- Taperloc (Device) $371.71
- Persona (Device) $305.49
- CORI (Device) $252.79
- VERILAST Hips (Device) $248.46
- Avenir (Device) $237.74
- JOURNEY II BCS (Device) $220.77
- NAVIO (Device) $176.29
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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