Total Payments
$192,043
2024 Payments
$12,426
Companies
24
Transactions
341
Medicare Patients
2,459
Medicare Billing
$460,302
Payment Breakdown by Category
Other$133,368 (69.4%)
Consulting$37,478 (19.5%)
Travel$10,634 (5.5%)
Food & Beverage$10,509 (5.5%)
Education$53.37 (0.0%)
Payments by Nature
| Nature of Payment | Amount | Transactions | Share |
|---|---|---|---|
| Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program | $110,868 | 56 | 57.7% |
| Consulting Fee | $37,478 | 11 | 19.5% |
| Compensation for serving as faculty or as a speaker for a non-accredited and noncertified continuing education program | $22,500 | 6 | 11.7% |
| Travel and Lodging | $10,634 | 57 | 5.5% |
| Food and Beverage | $10,509 | 209 | 5.5% |
| Education | $53.37 | 2 | 0.0% |
Top Paying Companies
| Company | Total | Records | Latest Year |
|---|---|---|---|
| Biocompatibles, Inc. | $85,772 | 61 | $0 (2019) |
| Boston Scientific Corporation | $57,572 | 76 | $0 (2024) |
| Medtronic, Inc. | $43,151 | 89 | $0 (2024) |
| Baxter Healthcare | $1,080 | 1 | $0 (2020) |
| Janssen Pharmaceuticals, Inc | $1,031 | 49 | $0 (2022) |
| EKOS Corporation | $931.88 | 5 | $0 (2017) |
| Medtronic Vascular, Inc. | $378.30 | 3 | $0 (2019) |
| Smith+Nephew, Inc. | $335.87 | 18 | $0 (2023) |
| PFIZER INC. | $309.70 | 7 | $0 (2022) |
| Bard Peripheral Vascular, Inc. | $224.01 | 6 | $0 (2024) |
Payment History by Year
| Year | Amount | Transactions | Top Company |
|---|---|---|---|
| 2024 | $12,426 | 32 | Medtronic, Inc. ($10,830) |
| 2023 | $22,763 | 38 | Medtronic, Inc. ($11,845) |
| 2022 | $36,742 | 72 | Medtronic, Inc. ($20,259) |
| 2021 | $2,796 | 41 | BOSTON SCIENTIFIC CORPORATION ($1,885) |
| 2020 | $28,813 | 50 | Boston Scientific Corporation ($27,425) |
| 2019 | $47,929 | 39 | Biocompatibles, Inc. ($47,039) |
| 2018 | $22,468 | 46 | Biocompatibles, Inc. ($21,962) |
| 2017 | $18,105 | 23 | Biocompatibles, Inc. ($16,771) |
All Payment Transactions
341 individual payment records from CMS Open Payments — Page 1 of 14
| Date | Company | Product | Nature | Form | Amount | Type |
|---|---|---|---|---|---|---|
| 12/20/2024 | Boston Scientific Corporation | Varithena Administration Pack (Device) | Food and Beverage | In-kind items and services | $8.93 | General |
| Category: Varithena_PI | ||||||
| 12/17/2024 | Medtronic, Inc. | VENASEAL (Device) | Food and Beverage | In-kind items and services | $103.48 | General |
| Category: EndoVenous Therapies | ||||||
| 12/13/2024 | Medtronic, Inc. | VENASEAL (Device) | Consulting Fee | Cash or cash equivalent | $3,587.50 | General |
| Category: EndoVenous Therapies | ||||||
| 12/10/2024 | Medtronic, Inc. | VENASEAL (Device) | 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 | $4,550.00 | General |
| Category: EndoVenous Therapies | ||||||
| 12/08/2024 | Medtronic, Inc. | VENASEAL (Device) | Food and Beverage | In-kind items and services | $47.66 | General |
| Category: EndoVenous Therapies | ||||||
| 12/07/2024 | Medtronic, Inc. | VENASEAL (Device) | Food and Beverage | In-kind items and services | $36.00 | General |
| Category: EndoVenous Therapies | ||||||
| 12/06/2024 | Medtronic, Inc. | VENASEAL (Device) | Travel and Lodging | In-kind items and services | $69.00 | General |
| Category: EndoVenous Therapies | ||||||
| 12/06/2024 | Medtronic, Inc. | VENASEAL (Device) | Travel and Lodging | In-kind items and services | $40.20 | General |
| Category: EndoVenous Therapies | ||||||
| 12/06/2024 | Medtronic, Inc. | VENASEAL (Device) | Food and Beverage | In-kind items and services | $34.26 | General |
| Category: EndoVenous Therapies | ||||||
| 11/14/2024 | Medtronic, Inc. | ABRE (Device) | Food and Beverage | In-kind items and services | $27.32 | General |
| Category: Stents | ||||||
| 11/08/2024 | Bard Peripheral Vascular, Inc. | Venovo (Device) | Food and Beverage | In-kind items and services | $8.39 | General |
| Category: Vascular/Oncology | ||||||
| 11/07/2024 | Bard Peripheral Vascular, Inc. | Venovo (Device) | Food and Beverage | In-kind items and services | $20.59 | General |
| Category: Vascular/Oncology | ||||||
| 10/18/2024 | Bard Peripheral Vascular, Inc. | Venclose Maven Catheter (Device) | Food and Beverage | In-kind items and services | $15.19 | General |
| Category: Vascular/Oncology | ||||||
| 10/10/2024 | Medtronic, Inc. | VENASEAL (Device) | Food and Beverage | In-kind items and services | $106.73 | General |
| Category: EndoVenous Therapies | ||||||
| 09/27/2024 | Bard Peripheral Vascular, Inc. | Venclose Maven Catheter (Device) | Food and Beverage | In-kind items and services | $13.15 | General |
| Category: Vascular/Oncology | ||||||
| 09/25/2024 | Bard Peripheral Vascular, Inc. | Venclose Maven Catheter (Device) | Food and Beverage | In-kind items and services | $147.49 | General |
| Category: Vascular/Oncology | ||||||
| 09/24/2024 | Medtronic, Inc. | VENASEAL (Device) | Food and Beverage | In-kind items and services | $26.05 | General |
| Category: EndoVenous Therapies | ||||||
| 09/10/2024 | Medtronic, Inc. | VENASEAL (Device) | Travel and Lodging | In-kind items and services | $452.28 | General |
| Category: EndoVenous Therapies | ||||||
| 09/10/2024 | Medtronic, Inc. | VENASEAL (Device) | Travel and Lodging | In-kind items and services | $55.00 | General |
| Category: EndoVenous Therapies | ||||||
| 09/05/2024 | Medtronic, Inc. | VENASEAL (Device) | Food and Beverage | In-kind items and services | $27.22 | General |
| Category: EndoVenous Therapies | ||||||
| 08/26/2024 | Bard Peripheral Vascular, Inc. | Venclose Maven Catheter (Device) | Food and Beverage | In-kind items and services | $19.20 | General |
| Category: Vascular/Oncology | ||||||
| 08/17/2024 | Medtronic, Inc. | VENASEAL (Device) | Food and Beverage | In-kind items and services | $39.14 | General |
| Category: EndoVenous Therapies | ||||||
| 08/09/2024 | Medtronic, Inc. | VENASEAL (Device) | Food and Beverage | In-kind items and services | $9.91 | General |
| Category: EndoVenous Therapies | ||||||
| 07/18/2024 | Medtronic, Inc. | VENASEAL (Device) | Food and Beverage | In-kind items and services | $28.60 | General |
| Category: EndoVenous Therapies | ||||||
| 07/02/2024 | Medtronic, Inc. | VENASEAL (Device) | Food and Beverage | In-kind items and services | $25.78 | General |
| Category: EndoVenous Therapies | ||||||
Medicare Billing by Year
| Year | Procedures | Beneficiaries | Services | Submitted | Medicare Paid |
|---|---|---|---|---|---|
| 2023 | 13 | 495 | 831 | $237,852 | $80,657 |
| 2022 | 17 | 670 | 1,199 | $309,719 | $112,069 |
| 2021 | 18 | 785 | 1,480 | $595,010 | $181,310 |
| 2020 | 14 | 509 | 922 | $301,327 | $86,265 |
Total Patients
2,459
Total Services
4,432
Medicare Billing
$460,302
Procedure Codes
78
All Medicare Procedures & Services
78 procedure records from CMS Medicare Utilization — Page 1 of 4
| HCPCS | Description | Setting | Year | Patients | Services | Charges | Medicare Paid | Ratio |
|---|---|---|---|---|---|---|---|---|
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Office | 2023 | 87 | 118 | $32,804 | $12,009 | 36.6% |
| 99232 | Subsequent hospital care with moderate levelof medical decision making, if using time, at least 35 minutes | Facility | 2023 | 36 | 147 | $23,520 | $9,878 | 42.0% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Office | 2023 | 77 | 77 | $28,567 | $9,531 | 33.4% |
| 93971 | Ultrasound study of one arm or leg veins with compression and maneuvers | Office | 2023 | 42 | 87 | $33,843 | $8,653 | 25.6% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Facility | 2023 | 38 | 101 | $15,453 | $7,515 | 48.6% |
| 36482 | Chemical destruction of first incompetent vein of arm or leg using imaging guidance | Facility | 2023 | 30 | 46 | $20,424 | $7,203 | 35.3% |
| 93970 | Ultrasound study of arm or leg veins with compression and maneuvers | Office | 2023 | 39 | 39 | $24,375 | $5,890 | 24.2% |
| 99223 | Initial hospital care with moderate level of medical decision making, if using time, at least 75 minutes | Facility | 2023 | 32 | 34 | $14,552 | $4,984 | 34.3% |
| 93990 | Ultrasound of hemodialysis access | Office | 2023 | 13 | 31 | $13,578 | $3,419 | 25.2% |
| 99215 | Established patient office or other outpatient visit, 40-54 minutes | Office | 2023 | 17 | 20 | $7,880 | $2,999 | 38.1% |
| 11042 | Removal of skin and tissue, 20.0 sq cm or less | Facility | 2023 | 16 | 51 | $7,970 | $2,476 | 31.1% |
| 99233 | Subsequent hospital care with moderate levelof medical decision making, if using time, at least 50 minutes | Facility | 2023 | 13 | 20 | $4,580 | $2,035 | 44.4% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Facility | 2023 | 17 | 17 | $4,307 | $1,950 | 45.3% |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Office | 2023 | 26 | 26 | $5,200 | $1,846 | 35.5% |
| 99406 | Smoking and tobacco use intensive counseling, 4-10 minutes | Office | 2023 | 12 | 17 | $799.00 | $269.96 | 33.8% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Facility | 2022 | 46 | 177 | $24,021 | $14,215 | 59.2% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Office | 2022 | 96 | 141 | $35,670 | $13,653 | 38.3% |
| 99232 | Follow-up hospital inpatient care per day, typically 25 minutes | Facility | 2022 | 42 | 166 | $26,560 | $9,919 | 37.3% |
| 36482 | Chemical destruction of first incompetent vein of arm or leg using imaging guidance | Facility | 2022 | 38 | 58 | $26,316 | $9,275 | 35.2% |
| 93971 | Ultrasound study of one arm or leg veins with compression and maneuvers | Office | 2022 | 44 | 86 | $33,454 | $8,577 | 25.6% |
| 99223 | Initial hospital inpatient care per day, typically 70 minutes | Facility | 2022 | 47 | 52 | $23,048 | $8,426 | 36.6% |
| 93970 | Ultrasound study of arm or leg veins with compression and maneuvers | Office | 2022 | 50 | 50 | $31,250 | $7,891 | 25.3% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Office | 2022 | 57 | 57 | $21,147 | $7,069 | 33.4% |
| 99233 | Follow-up hospital inpatient care per day, typically 35 minutes | Facility | 2022 | 32 | 77 | $17,633 | $6,688 | 37.9% |
| 11042 | Removal of skin and tissue, 20.0 sq cm or less | Facility | 2022 | 29 | 123 | $17,991 | $6,326 | 35.2% |
About Dr. Michael Shao, MD
Dr. Michael Shao, MD is a Surgery healthcare provider based in Fort Wayne, Indiana. This provider has been registered with the National Plan and Provider Enumeration System (NPPES) since 01/04/2010. The National Provider Identifier (NPI) number assigned to this provider is 1508196122.
According to the Centers for Medicare & Medicaid Services (CMS) Open Payments database, Dr. Michael Shao, MD has received a total of $192,043 in payments from pharmaceutical and medical device companies, with $12,426 received in 2024. These payments were reported across 341 transactions from 24 companies. The most common payment nature is "Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program" ($110,868).
As a Medicare-enrolled provider, Shao has provided services to 2,459 Medicare beneficiaries, totaling 4,432 services with total Medicare billing of $460,302. Data is available for 4 years (2020–2023), covering 78 distinct procedure/service records.
Ad
Practice Information
- Specialty Surgery
- Other Specialties Vascular Surgery, Vascular Surgery
- Location Fort Wayne, IN
- Active Since 01/04/2010
- Last Updated 03/03/2025
- Taxonomy Code 208600000X
- Entity Type Individual
- Practice Solo Practitioner
- NPI Number 1508196122
Products in Payments
- VARITHENA (Drug) $113,234
- Varithena Administration Pack (Device) $28,138
- VENASEAL (Device) $23,222
- ENDURANT IIS (Device) $10,792
- CLOSUREFAST (Device) $8,706
- GENERAL THERAPIES (Device) $1,500
- COSEAL (Device) $1,080
- XARELTO (Drug) $1,031
- EKOSONIC (Device) $850.58
- VenaSeal (Device) $499.76
- Varithena (Device) $250.00
- CHANTIX (Drug) $218.52
- ABRE (Device) $213.03
- EXCLUDER Conformable AAA Endoprosthesis with Active Control (Device) $199.88
- Venclose Maven Catheter (Device) $195.03
- Peripheral Orbital Atherectomy System (Device) $185.13
- GENERAL - VASCULAR INTERVENTION (Device) $150.60
- Santyl (Drug) $144.90
- FLEXITOUCH (Device) $136.32
- VARITHENA (Device) $135.10
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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