Total Payments
$230,277
2024 Payments
$43,588
Companies
10
Transactions
171
Medicare Patients
1,315
Medicare Billing
$233,377
Payment Breakdown by Category
Consulting$106,343 (46.2%)
Royalty/License$71,799 (31.2%)
Other$31,225 (13.6%)
Travel$19,028 (8.3%)
Food & Beverage$1,882 (0.8%)
Payments by Nature
| Nature of Payment | Amount | Transactions | Share |
|---|---|---|---|
| Consulting Fee | $106,343 | 30 | 46.2% |
| Royalty or License | $71,799 | 42 | 31.2% |
| Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program | $21,225 | 6 | 9.2% |
| Travel and Lodging | $19,028 | 37 | 8.3% |
| Compensation for serving as faculty or as a speaker for an accredited or certified continuing education program | $5,000 | 3 | 2.2% |
| Compensation for serving as faculty or as a speaker for a medical education program | $4,500 | 4 | 2.0% |
| Food and Beverage | $1,882 | 48 | 0.8% |
| Honoraria | $500.00 | 1 | 0.2% |
Top Paying Companies
| Company | Total | Records | Latest Year |
|---|---|---|---|
| Globus Medical, Inc. | $112,889 | 87 | $0 (2024) |
| OsteoCentric Technologies, Inc. | $49,506 | 15 | $0 (2024) |
| Medical Device Business Services, Inc. | $33,356 | 38 | $0 (2019) |
| Synthes GmbH | $17,190 | 16 | $0 (2024) |
| KCI USA, Inc. | $16,467 | 9 | $0 (2020) |
| OrthoXel Designated Activity Company | $500.00 | 1 | $0 (2019) |
| MY01 Inc. | $181.23 | 1 | $0 (2023) |
| Stryker Corporation | $98.18 | 1 | $0 (2017) |
| DePuy Synthes Sales Inc. | $66.92 | 2 | $0 (2019) |
| Baxter Healthcare | $22.97 | 1 | $0 (2023) |
Payment History by Year
| Year | Amount | Transactions | Top Company |
|---|---|---|---|
| 2024 | $43,588 | 24 | OsteoCentric Technologies, Inc. ($26,209) |
| 2023 | $27,601 | 17 | OsteoCentric Technologies, Inc. ($16,101) |
| 2022 | $25,262 | 17 | Globus Medical, Inc. ($16,548) |
| 2021 | $442.30 | 1 | OsteoCentric Technologies, Inc. ($442.30) |
| 2020 | $6,551 | 5 | Globus Medical, Inc. ($3,187) |
| 2019 | $31,998 | 40 | Globus Medical, Inc. ($16,053) |
| 2018 | $52,870 | 36 | Globus Medical, Inc. ($27,540) |
| 2017 | $41,965 | 31 | Globus Medical, Inc. ($27,456) |
All Payment Transactions
171 individual payment records from CMS Open Payments — Page 1 of 7
| Date | Company | Product | Nature | Form | Amount | Type |
|---|---|---|---|---|---|---|
| 12/31/2024 | OsteoCentric Technologies, Inc. | OsteoCentric 4.0 x 130mm LOCKING BONE SCREW FASTENER ST (Device) | Royalty or License | Cash or cash equivalent | $2,627.62 | General |
| Category: Not Applicable | ||||||
| 11/30/2024 | OsteoCentric Technologies, Inc. | OsteoCentric 4.0 x 130mm LOCKING BONE SCREW FASTENER ST (Device) | Royalty or License | Cash or cash equivalent | $2,112.04 | General |
| Category: Not Applicable | ||||||
| 10/30/2024 | OsteoCentric Technologies, Inc. | OsteoCentric 4.0 x 130mm LOCKING BONE SCREW FASTENER ST (Device) | Royalty or License | Cash or cash equivalent | $2,803.80 | General |
| Category: Not Applicable | ||||||
| 09/30/2024 | OsteoCentric Technologies, Inc. | OsteoCentric 4.0 x 130mm LOCKING BONE SCREW FASTENER ST (Device) | Royalty or License | Cash or cash equivalent | $2,152.25 | General |
| Category: Not Applicable | ||||||
| 09/11/2024 | Globus Medical, Inc. | Small Frag Plating System (Device) | Royalty or License | Cash or cash equivalent | $1,351.96 | General |
| Category: Trauma (Emergency, Injury, Surgery) | ||||||
| 09/11/2024 | Globus Medical, Inc. | Proximal Humerus Strut (Device) | Royalty or License | Cash or cash equivalent | $866.86 | General |
| Category: Trauma (Emergency, Injury, Surgery) | ||||||
| 08/30/2024 | OsteoCentric Technologies, Inc. | OsteoCentric 4.0 x 130mm LOCKING BONE SCREW FASTENER ST (Device) | Royalty or License | Cash or cash equivalent | $2,267.54 | General |
| Category: Not Applicable | ||||||
| 07/31/2024 | OsteoCentric Technologies, Inc. | OsteoCentric 4.0 x 130mm LOCKING BONE SCREW FASTENER ST (Device) | Royalty or License | Cash or cash equivalent | $2,236.70 | General |
| Category: Not Applicable | ||||||
| 06/30/2024 | OsteoCentric Technologies, Inc. | OsteoCentric 4.0 x 130mm LOCKING BONE SCREW FASTENER ST (Device) | Royalty or License | Cash or cash equivalent | $1,449.88 | General |
| Category: Not Applicable | ||||||
| 06/08/2024 | Synthes GmbH | — | Compensation for serving as faculty or as a speaker for a medical education program | Cash or cash equivalent | $1,500.00 | General |
| 06/08/2024 | Synthes GmbH | — | Travel and Lodging | In-kind items and services | $810.23 | General |
| 06/08/2024 | Synthes GmbH | — | Travel and Lodging | In-kind items and services | $551.60 | General |
| 06/08/2024 | Synthes GmbH | — | Travel and Lodging | In-kind items and services | $524.25 | General |
| 06/08/2024 | Synthes GmbH | — | Food and Beverage | In-kind items and services | $133.48 | General |
| 05/31/2024 | OsteoCentric Technologies, Inc. | OsteoCentric 4.0 x 130mm LOCKING BONE SCREW FASTENER ST (Device) | Royalty or License | Cash or cash equivalent | $2,357.10 | General |
| Category: Not Applicable | ||||||
| 05/23/2024 | Globus Medical, Inc. | Small Frag Plating System (Device) | Royalty or License | Cash or cash equivalent | $1,352.89 | General |
| Category: Trauma (Emergency, Injury, Surgery) | ||||||
| 05/23/2024 | Globus Medical, Inc. | Proximal Humerus Strut (Device) | Royalty or License | Cash or cash equivalent | $962.86 | General |
| Category: Trauma (Emergency, Injury, Surgery) | ||||||
| 04/30/2024 | OsteoCentric Technologies, Inc. | OsteoCentric 4.0 x 130mm LOCKING BONE SCREW FASTENER ST (Device) | Royalty or License | Cash or cash equivalent | $2,533.68 | General |
| Category: Not Applicable | ||||||
| 03/31/2024 | OsteoCentric Technologies, Inc. | OsteoCentric 4.0 x 130mm LOCKING BONE SCREW FASTENER ST (Device) | Royalty or License | Cash or cash equivalent | $2,275.02 | General |
| Category: Not Applicable | ||||||
| 02/29/2024 | OsteoCentric Technologies, Inc. | OsteoCentric 4.0 x 130mm LOCKING BONE SCREW FASTENER ST (Device) | Royalty or License | Cash or cash equivalent | $2,021.49 | General |
| Category: Not Applicable | ||||||
| 02/15/2024 | Globus Medical, Inc. | — | Consulting Fee | Cash or cash equivalent | $4,725.00 | General |
| 02/15/2024 | 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 | $3,600.00 | General |
| 01/31/2024 | OsteoCentric Technologies, Inc. | OsteoCentric 4.0 x 130mm LOCKING BONE SCREW FASTENER ST (Device) | Royalty or License | Cash or cash equivalent | $1,371.72 | General |
| Category: Not Applicable | ||||||
| 01/15/2024 | Synthes GmbH | — | Compensation for serving as faculty or as a speaker for a medical education program | Cash or cash equivalent | $1,000.00 | General |
| 12/31/2023 | Globus Medical, Inc. | Small Frag Plating System (Device) | Royalty or License | Cash or cash equivalent | $1,233.20 | General |
| Category: Trauma (Emergency, Injury, Surgery) | ||||||
Medicare Billing by Year
| Year | Procedures | Beneficiaries | Services | Submitted | Medicare Paid |
|---|---|---|---|---|---|
| 2023 | 3 | 57 | 60 | $21,736 | $4,650 |
| 2022 | 5 | 313 | 365 | $378,072 | $66,888 |
| 2021 | 10 | 370 | 391 | $374,544 | $70,740 |
| 2020 | 13 | 575 | 631 | $437,622 | $91,099 |
Total Patients
1,315
Total Services
1,447
Medicare Billing
$233,377
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 |
|---|---|---|---|---|---|---|---|---|
| 99223 | Initial hospital care with moderate level of medical decision making, if using time, at least 75 minutes | Facility | 2023 | 18 | 18 | $11,052 | $2,643 | 23.9% |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Facility | 2023 | 27 | 30 | $6,880 | $1,386 | 20.2% |
| 99221 | Initial hospital care with straightforward or low level of medical decision making, per day, if using time, at least 40 minutes | Facility | 2023 | 12 | 12 | $3,804 | $620.28 | 16.3% |
| 27245 | Treatment of broken neck of thigh bone with bone implant | Facility | 2022 | 27 | 27 | $171,261 | $27,016 | 15.8% |
| 27236 | Treatment of upper end of broken thigh bone with placement of stabilizing device or prosthetic replacement | Facility | 2022 | 21 | 22 | $115,618 | $20,058 | 17.3% |
| 99221 | Initial hospital inpatient care per day, typically 30 minutes | Facility | 2022 | 114 | 117 | $38,727 | $9,172 | 23.7% |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Facility | 2022 | 117 | 165 | $40,260 | $8,152 | 20.2% |
| 99203 | New patient office or other outpatient visit, 30-44 minutes | Facility | 2022 | 34 | 34 | $12,206 | $2,490 | 20.4% |
| 27245 | Surgical treatment of broken thigh bone with implant | Facility | 2021 | 26 | 26 | $160,290 | $26,849 | 16.8% |
| 27236 | Open treatment of broken thigh bone with insertion of hardware or prosthetic replacement | Facility | 2021 | 20 | 20 | $105,996 | $19,098 | 18.0% |
| 99221 | Initial hospital inpatient care, typically 30 minutes per day | Facility | 2021 | 112 | 113 | $37,403 | $9,811 | 26.2% |
| 99213 | Established patient outpatient visit, total time 20-29 minutes | Facility | 2021 | 61 | 79 | $19,276 | $4,353 | 22.6% |
| 99222 | Initial hospital inpatient care, typically 50 minutes per day | Facility | 2021 | 24 | 24 | $12,909 | $2,676 | 20.7% |
| 99203 | New patient outpatient visit, total time 30-44 minutes | Facility | 2021 | 29 | 29 | $10,411 | $2,027 | 19.5% |
| 27197 | Closed treatment of fracture and/or dislocation of pelvis and/or sacrum | Facility | 2021 | 18 | 18 | $9,948 | $1,906 | 19.2% |
| 99283 | Emergency department visit, moderately severe problem | Facility | 2021 | 25 | 25 | $5,945 | $1,748 | 29.4% |
| 99232 | Subsequent hospital inpatient care, typically 25 minutes per day | Facility | 2021 | 23 | 24 | $5,997 | $1,308 | 21.8% |
| 99212 | Established patient outpatient visit, total time 10-19 minutes | Office | 2021 | 32 | 33 | $6,369 | $965.33 | 15.2% |
| 27245 | Surgical treatment of broken thigh bone | Facility | 2020 | 27 | 27 | $138,780 | $29,993 | 21.6% |
| 99222 | Initial hospital inpatient care, typically 50 minutes per day | Facility | 2020 | 166 | 168 | $92,568 | $18,983 | 20.5% |
| 99213 | Established patient office or other outpatient visit, typically 15 minutes | Office | 2020 | 175 | 223 | $68,325 | $13,389 | 19.6% |
| 27236 | Open treatment of broken thigh bone with insertion of hardware or prosthetic replacement | Facility | 2020 | 12 | 12 | $59,760 | $12,960 | 21.7% |
| 99203 | New patient office or other outpatient visit, typically 30 minutes | Office | 2020 | 27 | 27 | $12,063 | $2,380 | 19.7% |
| 99442 | Physician telephone patient service, 11-20 minutes of medical discussion | Office | 2020 | 34 | 36 | $10,899 | $2,359 | 21.6% |
| 23500 | Closed treatment of collar bone fracture | Facility | 2020 | 12 | 12 | $11,464 | $2,302 | 20.1% |
About Dr. Raymond Smith, MD
Dr. Raymond Smith, MD is a Orthopaedic Surgery of the Spine healthcare provider based in Worcester, Massachusetts. This provider has been registered with the National Plan and Provider Enumeration System (NPPES) since 09/22/2005. The National Provider Identifier (NPI) number assigned to this provider is 1235125469.
According to the Centers for Medicare & Medicaid Services (CMS) Open Payments database, Dr. Raymond Smith, MD has received a total of $230,277 in payments from pharmaceutical and medical device companies, with $43,588 received in 2024. These payments were reported across 171 transactions from 10 companies. The most common payment nature is "Consulting Fee" ($106,343).
As a Medicare-enrolled provider, Smith has provided services to 1,315 Medicare beneficiaries, totaling 1,447 services with total Medicare billing of $233,377. Data is available for 4 years (2020–2023), covering 31 distinct procedure/service records.
Ad
Practice Information
- Specialty Orthopaedic Surgery of the Spine
- Other Specialties Orthopaedic Trauma
- Location Worcester, MA
- Active Since 09/22/2005
- Last Updated 03/11/2025
- Taxonomy Code 207XS0117X
- Entity Type Individual
- NPI Number 1235125469
Products in Payments
- OsteoCentric 4.0 x 130mm LOCKING BONE SCREW FASTENER ST (Device) $49,064
- PROX HUM STRUT (Device) $36,161
- Small Frag Plating System (Device) $22,433
- Proximal Humerus Plate (Device) $15,000
- PREVENA (Device) $11,874
- LCP PLATES & SCREWS (Device) $11,011
- ANTHEM (Device) $10,402
- DCP/LC-DCP PLATES & SCREWS (Device) $10,325
- HEADLESS COMPRESSION SCREWS (Device) $9,896
- PROX HUM (Device) $6,075
- Proximal Humerus Strut (Device) $5,875
- SMALL FRAGMENT (Device) $3,845
- Clavical Fixation (16-186) (Device) $2,463
- MULTILOC HUMERAL NAIL (Device) $1,597
- Trauma (Device) $778.99
- Excelsius - GPS (Device) $605.50
- APEX NAILING SYSTEM (Device) $500.00
- Unifi Technology (Device) $442.30
- Clavicle Fixation (Device) $338.80
- VA-LCP PLATES & SCREWS (Device) $319.08
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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.