Payment Breakdown by Category
Payments by Nature
| Nature of Payment | Amount | Transactions | Share |
|---|---|---|---|
| Royalty or License | $8.8M | 163 | 90.7% |
| Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program | $314,984 | 49 | 3.2% |
| Consulting Fee | $263,333 | 49 | 2.7% |
| Acquisitions | $215,221 | 1 | 2.2% |
| Travel and Lodging | $97,585 | 216 | 1.0% |
| Food and Beverage | $10,626 | 161 | 0.1% |
| Unspecified | $0 | 1 | 0.0% |
Payments by Type
Top Paying Companies
| Company | Total | Records | Latest Year |
|---|---|---|---|
| Smith+Nephew, Inc. | $9.4M | 510 | $0 (2024) |
| ENCORE MEDICAL, LP | $215,269 | 2 | $0 (2021) |
| Stryker Corporation | $152,370 | 103 | $0 (2018) |
| ORTHALIGN INC | $11,121 | 14 | $0 (2020) |
| Conformis, Inc. | $215.46 | 2 | $0 (2018) |
| MEDACTA USA, INC. | $212.42 | 3 | $0 (2021) |
| Avanos Medical | $143.27 | 1 | $0 (2019) |
| HERAEUS MEDICAL, LLC. | $76.29 | 1 | $0 (2021) |
| Sanara MedTech Inc. | $29.48 | 2 | $0 (2022) |
| DePuy Synthes Sales Inc. | $20.81 | 1 | $0 (2019) |
Payment History by Year
| Year | Amount | Transactions | Top Company |
|---|---|---|---|
| 2024 | $1.3M | 28 | Smith+Nephew, Inc. ($1.3M) |
| 2023 | $1.2M | 29 | Smith+Nephew, Inc. ($1.2M) |
| 2022 | $1.2M | 36 | Smith+Nephew, Inc. ($1.2M) |
| 2021 | $1.3M | 59 | Smith+Nephew, Inc. ($1.1M) |
| 2020 | $1.1M | 59 | Smith+Nephew, Inc. ($1.1M) |
| 2019 | $1.3M | 121 | Smith+Nephew, Inc. ($1.3M) |
| 2018 | $1.3M | 156 | Smith & Nephew, Inc. ($1.2M) |
| 2017 | $1.1M | 152 | Smith & Nephew, Inc. ($1.1M) |
All Payment Transactions
640 individual payment records from CMS Open Payments — Page 1 of 26
| Date | Company | Product | Nature | Form | Amount | Type |
|---|---|---|---|---|---|---|
| 12/24/2024 | Smith+Nephew, Inc. | REAL INTELLIGENCE (Device) | Consulting Fee | Cash or cash equivalent | $7,618.75 | General |
| Category: Recon Robotics | ||||||
| 11/19/2024 | Smith+Nephew, Inc. | REFLECTION (Device) | Royalty or License | Cash or cash equivalent | $227.54 | General |
| Category: Recon Hips | ||||||
| 11/18/2024 | Smith+Nephew, Inc. | JOURNEY II (Device) | Royalty or License | Cash or cash equivalent | $211,519.39 | General |
| Category: Recon Knees | ||||||
| 11/18/2024 | Smith+Nephew, Inc. | JOURNEY II (Device) | Royalty or License | Cash or cash equivalent | $68,070.26 | General |
| Category: Recon Knees | ||||||
| 10/30/2024 | Smith+Nephew, Inc. | JOURNEY II XR (Device) | Royalty or License | Cash or cash equivalent | $1,740.94 | General |
| Category: Recon Knees | ||||||
| 10/17/2024 | Smith+Nephew, Inc. | Legion Revision (Device), REDAPT | Food and Beverage | In-kind items and services | $146.94 | General |
| Category: Recon Knees | ||||||
| 08/27/2024 | Smith+Nephew, Inc. | LEGION (Device), Legion Revision, OR3O Dual Mobility | 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 | $3,450.00 | General |
| Category: Recon Knees | ||||||
| 08/27/2024 | Smith+Nephew, Inc. | LEGION (Device), Legion Revision, OR3O Dual Mobility | 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 | $1,581.25 | General |
| Category: Recon Knees | ||||||
| 08/27/2024 | Smith+Nephew, Inc. | LEGION (Device), Legion Revision, OR3O Dual Mobility | Food and Beverage | Cash or cash equivalent | $19.34 | General |
| Category: Recon Knees | ||||||
| 08/27/2024 | Smith+Nephew, Inc. | LEGION (Device), Legion Revision, OR3O Dual Mobility | Travel and Lodging | Cash or cash equivalent | $16.00 | General |
| Category: Recon Knees | ||||||
| 08/20/2024 | Smith+Nephew, Inc. | REFLECTION (Device) | Royalty or License | Cash or cash equivalent | $270.78 | General |
| Category: Recon Hips | ||||||
| 08/16/2024 | Smith+Nephew, Inc. | REAL INTELLIGENCE (Device) | Travel and Lodging | In-kind items and services | $140.40 | General |
| Category: Recon Robotics | ||||||
| 08/16/2024 | Smith+Nephew, Inc. | REAL INTELLIGENCE (Device) | Travel and Lodging | In-kind items and services | $140.40 | General |
| Category: Recon Robotics | ||||||
| 08/15/2024 | Smith+Nephew, Inc. | REAL INTELLIGENCE (Device) | Travel and Lodging | In-kind items and services | $543.09 | General |
| Category: Recon Robotics | ||||||
| 08/15/2024 | Smith+Nephew, Inc. | REAL INTELLIGENCE (Device), JOURNEY II | Food and Beverage | In-kind items and services | $27.28 | General |
| Category: Recon Robotics | ||||||
| 08/13/2024 | Smith+Nephew, Inc. | JOURNEY II (Device) | Royalty or License | Cash or cash equivalent | $236,830.03 | General |
| Category: Recon Knees | ||||||
| 08/13/2024 | Smith+Nephew, Inc. | JOURNEY II (Device) | Royalty or License | Cash or cash equivalent | $71,504.54 | General |
| Category: Recon Knees | ||||||
| 07/19/2024 | Smith+Nephew, Inc. | JOURNEY II XR (Device) | Royalty or License | Cash or cash equivalent | $1,574.77 | General |
| Category: Recon Knees | ||||||
| 07/18/2024 | Smith+Nephew, Inc. | JOURNEY II (Device) | Food and Beverage | In-kind items and services | $79.19 | General |
| Category: Recon Knees | ||||||
| 05/17/2024 | Smith+Nephew, Inc. | REFLECTION (Device) | Royalty or License | Cash or cash equivalent | $251.44 | General |
| Category: Recon Hips | ||||||
| 05/14/2024 | Smith+Nephew, Inc. | JOURNEY II (Device) | Royalty or License | Cash or cash equivalent | $254,788.80 | General |
| Category: Recon Knees | ||||||
| 05/14/2024 | Smith+Nephew, Inc. | JOURNEY II (Device) | Royalty or License | Cash or cash equivalent | $74,467.54 | General |
| Category: Recon Knees | ||||||
| 04/27/2024 | Smith+Nephew, Inc. | JOURNEY II XR (Device) | Royalty or License | Cash or cash equivalent | $1,509.73 | General |
| Category: Recon Knees | ||||||
| 03/19/2024 | Smith+Nephew, Inc. | REAL INTELLIGENCE (Device) | Travel and Lodging | In-kind items and services | $245.50 | General |
| Category: Recon Robotics | ||||||
| 02/21/2024 | Smith+Nephew, Inc. | REFLECTION (Device) | Royalty or License | Cash or cash equivalent | $201.62 | General |
| Category: Recon Hips | ||||||
Medicare Billing by Year
| Year | Procedures | Beneficiaries | Services | Submitted | Medicare Paid |
|---|---|---|---|---|---|
| 2022 | 7 | 268 | 439 | $124,168 | $27,735 |
| 2021 | 13 | 497 | 783 | $237,435 | $65,296 |
| 2020 | 12 | 689 | 1,255 | $347,226 | $89,505 |
All Medicare Procedures & Services
32 procedure records from CMS Medicare Utilization — Page 1 of 2
| HCPCS | Description | Setting | Year | Patients | Services | Charges | Medicare Paid | Ratio |
|---|---|---|---|---|---|---|---|---|
| 27447 | Replacement of knee joint, both sides of knee | Facility | 2022 | 14 | 14 | $82,606 | $14,127 | 17.1% |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Office | 2022 | 85 | 110 | $15,180 | $6,646 | 43.8% |
| 73562 | X-ray of knee, 3 views | Office | 2022 | 59 | 81 | $8,991 | $2,422 | 26.9% |
| 99212 | Established patient office or other outpatient visit, 10-19 minutes | Office | 2022 | 39 | 44 | $3,652 | $1,850 | 50.7% |
| 73502 | X-ray of hip, 2-3 views | Office | 2022 | 39 | 45 | $4,230 | $1,356 | 32.0% |
| 20610 | Aspiration and/or injection of fluid from large joint | Office | 2022 | 18 | 23 | $8,289 | $1,229 | 14.8% |
| J3301 | Injection, triamcinolone acetonide, not otherwise specified, 10 mg | Office | 2022 | 14 | 122 | $1,220 | $105.92 | 8.7% |
| 27447 | Repair of knee joint, lower or upper part of joint, inside and outside area | Facility | 2021 | 17 | 18 | $112,644 | $19,111 | 17.0% |
| 99213 | Established patient outpatient visit, total time 20-29 minutes | Office | 2021 | 151 | 261 | $36,018 | $16,487 | 45.8% |
| J7327 | Hyaluronan or derivative, monovisc, for intra-articular injection, per dose | Office | 2021 | 12 | 21 | $27,615 | $12,364 | 44.8% |
| 73562 | X-ray of knee, 3 views | Office | 2021 | 73 | 98 | $10,878 | $3,014 | 27.7% |
| 99204 | New patient outpatient visit, total time 45-59 minutes | Office | 2021 | 21 | 21 | $6,657 | $2,884 | 43.3% |
| 20610 | Aspiration and/or injection of large joint or joint capsule | Office | 2021 | 35 | 56 | $19,955 | $2,853 | 14.3% |
| 73502 | X-ray of hip with pelvis, 2-3 views | Office | 2021 | 57 | 70 | $6,580 | $2,310 | 35.1% |
| 99214 | Established patient outpatient visit, total time 30-39 minutes | Office | 2021 | 20 | 20 | $4,120 | $1,882 | 45.7% |
| 99212 | Established patient outpatient visit, total time 10-19 minutes | Office | 2021 | 32 | 32 | $2,656 | $1,458 | 54.9% |
| 73564 | X-ray of knee, 4 or more views | Office | 2021 | 26 | 36 | $4,572 | $1,294 | 28.3% |
| 99203 | New patient outpatient visit, total time 30-44 minutes | Office | 2021 | 16 | 16 | $3,296 | $1,202 | 36.5% |
| 73560 | X-ray of knee, 1 or 2 views | Office | 2021 | 15 | 16 | $1,264 | $331.67 | 26.2% |
| J3301 | Injection, triamcinolone acetonide, not otherwise specified, 10 mg | Office | 2021 | 22 | 118 | $1,180 | $106.74 | 9.0% |
| 99213 | Established patient office or other outpatient visit, typically 15 minutes | Office | 2020 | 204 | 418 | $57,684 | $22,050 | 38.2% |
| 27137 | Revision of hip joint prosthesis | Facility | 2020 | 12 | 14 | $82,894 | $16,872 | 20.4% |
| 27447 | Repair of knee joint | Facility | 2020 | 15 | 15 | $93,870 | $16,739 | 17.8% |
| J7327 | Hyaluronan or derivative, monovisc, for intra-articular injection, per dose | Office | 2020 | 16 | 25 | $32,875 | $14,483 | 44.1% |
| 73562 | X-ray of knee, 3 views | Office | 2020 | 118 | 187 | $20,526 | $5,419 | 26.4% |
About Dr. Michael Ries, MD
Dr. Michael Ries, MD is a Adult Reconstructive Orthopaedic Surgery healthcare provider based in Reno, Nevada. This provider has been registered with the National Plan and Provider Enumeration System (NPPES) since 06/01/2006. The National Provider Identifier (NPI) number assigned to this provider is 1508803362.
According to the Centers for Medicare & Medicaid Services (CMS) Open Payments database, Dr. Michael Ries, MD has received a total of $9.7M in payments from pharmaceutical and medical device companies, with $1.3M received in 2024. These payments were reported across 640 transactions from 11 companies. The most common payment nature is "Royalty or License" ($8.8M).
As a Medicare-enrolled provider, Ries has provided services to 1,454 Medicare beneficiaries, totaling 2,477 services with total Medicare billing of $182,536. Data is available for 3 years (2020–2022), covering 32 distinct procedure/service records.
Practice Information
- Specialty Adult Reconstructive Orthopaedic Surgery
- Other Specialties Orthopaedic Surgery
- Location Reno, NV
- Active Since 06/01/2006
- Last Updated 12/22/2021
- Taxonomy Code 207XS0114X
- Entity Type Individual
- NPI Number 1508803362
Products in Payments
- JOURNEY II (Device) $3.6M
- Journey II BCS (Device) $2.5M
- JOURNEY II BCS (Device) $1.6M
- Journey II CR (Device) $700,992
- JOURNEY II CR (Device) $439,529
- Journey II XR (Device) $128,774
- JOURNEY II XR (Device) $78,476
- TRIDENT (Device) $44,336
- Reflection (Device) $29,683
- Journey II Uni (Device) $26,418
- Navio Surgical System (Device) $23,949
- HIPS (Device) $21,810
- REAL INTELLIGENCE (Device) $20,775
- New Product Development (Device) $20,669
- JII Unicondylar Knee System (Device) $20,626
- Trident (Device) $19,306
- Journey Uni (Device) $19,276
- Accolade (Device) $13,236
- Legion Hinge (Device) $12,918
- TRIATHLON (Device) $12,135
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.