Total Payments
$186,401
2024 Payments
$21,291
Companies
38
Transactions
331
Medicare Patients
1,011
Medicare Billing
$59,836
Payment Breakdown by Category
Consulting$118,087 (63.4%)
Other$28,737 (15.4%)
Travel$19,340 (10.4%)
Food & Beverage$10,435 (5.6%)
Education$9,802 (5.3%)
Payments by Nature
| Nature of Payment | Amount | Transactions | Share |
|---|---|---|---|
| Consulting Fee | $118,087 | 39 | 63.4% |
| Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program | $22,869 | 10 | 12.3% |
| Travel and Lodging | $19,340 | 77 | 10.4% |
| Food and Beverage | $10,435 | 197 | 5.6% |
| Education | $9,802 | 7 | 5.3% |
| Honoraria | $5,868 | 1 | 3.1% |
Top Paying Companies
| Company | Total | Records | Latest Year |
|---|---|---|---|
| TREACE MEDICAL CONCEPTS, INC. | $98,513 | 85 | $0 (2024) |
| Arthrex, Inc. | $25,320 | 42 | $0 (2020) |
| Avitus Orthopaedics, Inc. | $14,675 | 4 | $0 (2023) |
| Kairos Surgical Inc | $10,472 | 16 | $0 (2024) |
| Cartiva, Inc. | $8,921 | 10 | $0 (2018) |
| Integra LifeSciences Corporation | $8,806 | 29 | $0 (2024) |
| bsn medical inc | $5,868 | 1 | $0 (2017) |
| WishBone Medical Inc. | $4,013 | 6 | $0 (2022) |
| Wright Medical Technology, Inc. | $3,291 | 42 | $0 (2019) |
| Orthofix Medical, Inc. | $2,139 | 31 | $0 (2023) |
Payment History by Year
| Year | Amount | Transactions | Top Company |
|---|---|---|---|
| 2024 | $21,291 | 19 | TREACE MEDICAL CONCEPTS, INC. ($13,640) |
| 2023 | $49,742 | 50 | TREACE MEDICAL CONCEPTS, INC. ($40,402) |
| 2022 | $43,260 | 57 | TREACE MEDICAL CONCEPTS, INC. ($31,148) |
| 2021 | $16,739 | 53 | Treace Medical Concepts, Inc. ($11,777) |
| 2020 | $2,413 | 17 | Treace Medical Concepts, Inc. ($1,384) |
| 2019 | $19,127 | 56 | Arthrex, Inc. ($13,806) |
| 2018 | $14,932 | 39 | Cartiva, Inc. ($5,949) |
| 2017 | $18,897 | 40 | Arthrex, Inc. ($6,250) |
All Payment Transactions
331 individual payment records from CMS Open Payments — Page 1 of 14
| Date | Company | Product | Nature | Form | Amount | Type |
|---|---|---|---|---|---|---|
| 12/30/2024 | Kerecis Limited | Kerecis Omega3 SurgiClose (Device), Kerecis Omega3 Marigen, Kerecis Omega3 Marigen | Food and Beverage | Cash or cash equivalent | $180.30 | General |
| Category: Wound Care | ||||||
| 12/13/2024 | Integra LifeSciences Corporation | Integra (Device), Integra | Consulting Fee | Cash or cash equivalent | $6,480.00 | General |
| Category: Recon-Skin and Wound | ||||||
| 11/28/2024 | Kerecis Limited | Kerecis Omega3 SurgiClose (Device), Kerecis Omega3 Marigen, Kerecis Omega3 Marigen | Food and Beverage | Cash or cash equivalent | $204.34 | General |
| Category: Wound Care | ||||||
| 11/25/2024 | Nevro Corp. | Senza (Device) | Food and Beverage | In-kind items and services | $31.53 | General |
| Category: Spinal Cord Stimulator | ||||||
| 11/09/2024 | Integra LifeSciences Corporation | Integra (Device), Integra, Integra | Food and Beverage | In-kind items and services | $202.03 | General |
| Category: Recon-Skin and Wound | ||||||
| 11/01/2024 | TREACE MEDICAL CONCEPTS, INC. | LAPIPLASTY SYSTEM (Device) | Consulting Fee | Cash or cash equivalent | $4,050.00 | General |
| Category: FOOT AND ANKLE | ||||||
| 11/01/2024 | TREACE MEDICAL CONCEPTS, INC. | LAPIPLASTY SYSTEM (Device) | Consulting Fee | Cash or cash equivalent | $4,050.00 | General |
| Category: FOOT AND ANKLE | ||||||
| 09/19/2024 | Zimmer Biomet Holdings, Inc. | Avitus Bone Harvester (Device) | Food and Beverage | In-kind items and services | $23.64 | General |
| Category: Surgical | ||||||
| 09/01/2024 | TREACE MEDICAL CONCEPTS, INC. | LAPIPLASTY SYSTEM (Device) | Consulting Fee | Cash or cash equivalent | $2,025.00 | General |
| Category: FOOT AND ANKLE | ||||||
| 08/26/2024 | Avita Medical Americas, Llc | Recell (Device) | Food and Beverage | In-kind items and services | $145.41 | General |
| Category: Wound Care | ||||||
| 08/06/2024 | Kerecis Limited | Kerecis Omega3 SurgiClose (Device), Kerecis Omega3 Marigen, Kerecis Omega3 Marigen | Food and Beverage | Cash or cash equivalent | $43.83 | General |
| Category: Wound Care | ||||||
| 06/01/2024 | TREACE MEDICAL CONCEPTS, INC. | LAPIPLASTY SYSTEM (Device) | Consulting Fee | Cash or cash equivalent | $1,912.50 | General |
| Category: FOOT AND ANKLE | ||||||
| 05/14/2024 | Integra LifeSciences Corporation | Integra (Device), Integra, Integra | Food and Beverage | In-kind items and services | $168.68 | General |
| Category: Recon-Skin and Wound | ||||||
| 04/15/2024 | Nevro Corp. | Senza (Device) | Food and Beverage | In-kind items and services | $34.15 | General |
| Category: Spinal Cord Stimulator | ||||||
| 04/15/2024 | TREACE MEDICAL CONCEPTS, INC. | LAPIPLASTY SYSTEM (Device) | Travel and Lodging | In-kind items and services | $27.92 | General |
| Category: FOOT AND ANKLE | ||||||
| 04/10/2024 | TREACE MEDICAL CONCEPTS, INC. | LAPIPLASTY SYSTEM (Device) | Consulting Fee | Cash or cash equivalent | $675.00 | General |
| Category: FOOT AND ANKLE | ||||||
| 03/20/2024 | Averitas Pharma Inc. | QUTENZA (Drug) | Food and Beverage | In-kind items and services | $116.37 | General |
| Category: PAIN MANAGEMENT | ||||||
| 03/19/2024 | Kairos Surgical Inc | — | Food and Beverage | In-kind items and services | $20.65 | General |
| 03/01/2024 | TREACE MEDICAL CONCEPTS, INC. | LAPIPLASTY SYSTEM (Device) | Consulting Fee | Cash or cash equivalent | $900.00 | General |
| Category: FOOT AND ANKLE | ||||||
| 12/12/2023 | TREACE MEDICAL CONCEPTS, INC. | LAPIPLASTY SYSTEM (Device) | Consulting Fee | Cash or cash equivalent | $1,912.50 | General |
| Category: FOOT AND ANKLE | ||||||
| 12/12/2023 | TREACE MEDICAL CONCEPTS, INC. | LAPIPLASTY SYSTEM (Device) | Travel and Lodging | Cash or cash equivalent | $137.55 | General |
| Category: FOOT AND ANKLE | ||||||
| 11/06/2023 | TREACE MEDICAL CONCEPTS, INC. | LAPIPLASTY SYSTEM (Device) | Travel and Lodging | Cash or cash equivalent | $7.96 | General |
| Category: FOOT AND ANKLE | ||||||
| 11/06/2023 | TREACE MEDICAL CONCEPTS, INC. | LAPIPLASTY SYSTEM (Device) | Travel and Lodging | Cash or cash equivalent | $6.13 | General |
| Category: FOOT AND ANKLE | ||||||
| 11/06/2023 | TREACE MEDICAL CONCEPTS, INC. | LAPIPLASTY SYSTEM (Device) | Travel and Lodging | Cash or cash equivalent | $5.01 | General |
| Category: FOOT AND ANKLE | ||||||
| 10/01/2023 | TREACE MEDICAL CONCEPTS, INC. | LAPIPLASTY SYSTEM (Device) | Consulting Fee | Cash or cash equivalent | $2,025.00 | General |
| Category: FOOT AND ANKLE | ||||||
Medicare Billing by Year
| Year | Procedures | Beneficiaries | Services | Submitted | Medicare Paid |
|---|---|---|---|---|---|
| 2023 | 8 | 239 | 303 | $47,401 | $15,244 |
| 2022 | 8 | 289 | 349 | $52,180 | $17,275 |
| 2021 | 8 | 226 | 296 | $42,575 | $14,573 |
| 2020 | 7 | 257 | 322 | $44,841 | $12,743 |
Total Patients
1,011
Total Services
1,270
Medicare Billing
$59,836
Procedure Codes
31
All Medicare Procedures & Services
31 procedure records from CMS Medicare Utilization — Page 1 of 2
| HCPCS | Description | Setting | Year | Patients | Services | Charges | Medicare Paid | Ratio |
|---|---|---|---|---|---|---|---|---|
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Facility | 2023 | 74 | 121 | $16,940 | $6,306 | 37.2% |
| 99203 | New patient office or other outpatient visit, 30-44 minutes | Facility | 2023 | 64 | 64 | $13,248 | $3,761 | 28.4% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Facility | 2023 | 22 | 26 | $5,330 | $2,149 | 40.3% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Facility | 2023 | 16 | 16 | $5,152 | $1,578 | 30.6% |
| 99212 | Established patient office or other outpatient visit, 10-19 minutes | Facility | 2023 | 22 | 23 | $1,955 | $576.61 | 29.5% |
| 11721 | Removal of fingernails or toenails, 6 or more nails | Facility | 2023 | 15 | 23 | $2,024 | $422.13 | 20.9% |
| 99202 | New patient office or other outpatient visit, 15-29 minutes | Facility | 2023 | 14 | 14 | $2,016 | $366.66 | 18.2% |
| G0127 | Trimming of dystrophic nails, any number | Facility | 2023 | 12 | 16 | $736.00 | $84.00 | 11.4% |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Facility | 2022 | 99 | 140 | $19,600 | $7,136 | 36.4% |
| 99203 | New patient office or other outpatient visit, 30-44 minutes | Facility | 2022 | 67 | 67 | $13,869 | $4,450 | 32.1% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Facility | 2022 | 15 | 15 | $4,830 | $1,780 | 36.8% |
| 99202 | New patient office or other outpatient visit, 15-29 minutes | Facility | 2022 | 34 | 34 | $4,896 | $1,328 | 27.1% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Facility | 2022 | 13 | 15 | $3,075 | $1,198 | 39.0% |
| 99212 | Established patient office or other outpatient visit, 10-19 minutes | Facility | 2022 | 21 | 24 | $2,040 | $654.86 | 32.1% |
| 11721 | Removal of fingernails or toenails, 6 or more nails | Facility | 2022 | 25 | 33 | $2,904 | $630.27 | 21.7% |
| G0127 | Trimming of dystrophic nails, any number | Facility | 2022 | 15 | 21 | $966.00 | $97.68 | 10.1% |
| 99213 | Established patient outpatient visit, total time 20-29 minutes | Facility | 2021 | 78 | 116 | $16,240 | $6,546 | 40.3% |
| 99203 | New patient outpatient visit, total time 30-44 minutes | Facility | 2021 | 49 | 49 | $10,143 | $3,029 | 29.9% |
| 99214 | Established patient outpatient visit, total time 30-39 minutes | Facility | 2021 | 21 | 30 | $6,150 | $2,389 | 38.9% |
| 99204 | New patient outpatient visit, total time 45-59 minutes | Facility | 2021 | 14 | 14 | $4,508 | $1,428 | 31.7% |
| 11721 | Removal of tissue from 6 or more finger or toe nails | Facility | 2021 | 24 | 33 | $2,904 | $622.08 | 21.4% |
| 99212 | Established patient outpatient visit, total time 10-19 minutes | Facility | 2021 | 11 | 12 | $1,020 | $318.20 | 31.2% |
| G0127 | Trimming of dystrophic nails, any number | Facility | 2021 | 18 | 28 | $1,288 | $167.42 | 13.0% |
| 11719 | Trimming of fingernails or toenails | Facility | 2021 | 11 | 14 | $322.00 | $73.15 | 22.7% |
| 99213 | Established patient office or other outpatient visit, typically 15 minutes | Facility | 2020 | 95 | 133 | $18,620 | $5,473 | 29.4% |
About Dr. Michael Theodoulou, D.P.M
Dr. Michael Theodoulou, D.P.M is a Podiatrist healthcare provider based in Somerville, Massachusetts. This provider has been registered with the National Plan and Provider Enumeration System (NPPES) since 05/04/2006. The National Provider Identifier (NPI) number assigned to this provider is 1760430755.
According to the Centers for Medicare & Medicaid Services (CMS) Open Payments database, Dr. Michael Theodoulou, D.P.M has received a total of $186,401 in payments from pharmaceutical and medical device companies, with $21,291 received in 2024. These payments were reported across 331 transactions from 38 companies. The most common payment nature is "Consulting Fee" ($118,087).
As a Medicare-enrolled provider, Theodoulou has provided services to 1,011 Medicare beneficiaries, totaling 1,270 services with total Medicare billing of $59,836. Data is available for 4 years (2020–2023), covering 31 distinct procedure/service records.
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Practice Information
- Specialty Podiatrist
- Other Specialties Podiatrist, Podiatrist
- Location Somerville, MA
- Active Since 05/04/2006
- Last Updated 12/08/2011
- Taxonomy Code 213E00000X
- Entity Type Individual
- NPI Number 1760430755
Products in Payments
- LAPIPLASTY SYSTEM (Device) $85,190
- Lapiplasty System (Device) $13,323
- Cartiva (Device) $8,921
- Integra (Device) $8,025
- Smart Correction (Device) $1,830
- SALVATION (Device) $1,826
- TrueLok (Device) $1,675
- Magellan (Device) $1,226
- INBONE (Device) $752.69
- SURGIMEND (Device) $526.65
- Kerecis Omega3 SurgiClose (Device) $448.22
- Cannulated Screws (Device) $286.24
- AUGMENT (Biological) $274.50
- TL-HEX TRUELOK HEXAPOD SYSTEM (Device) $242.36
- AUGMENT (Device) $209.12
- MY01 Continuous Compartmental Pressure Monitor (Device) $181.23
- TENOGLIDE TENDON PROTECTOR SHEET (Device) $167.23
- SonicOne OR (Device) $155.89
- Recell (Device) $145.41
- CellerateRx (Device) $140.27
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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.