Total Payments
$1.7M
2024 Payments
$88,914
Companies
17
Transactions
442
Medicare Patients
4,010
Medicare Billing
$309,447
Payment Breakdown by Category
Other$1.1M (64.6%)
Royalty/License$328,513 (19.4%)
Consulting$208,580 (12.3%)
Travel$33,441 (2.0%)
Education$23,451 (1.4%)
Food & Beverage$5,740 (0.3%)
Payments by Nature
| Nature of Payment | Amount | Transactions | Share |
|---|---|---|---|
| Acquisitions | $1.0M | 3 | 59.4% |
| Royalty or License | $328,513 | 40 | 19.4% |
| Consulting Fee | $208,580 | 114 | 12.3% |
| Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program | $87,600 | 15 | 5.2% |
| Travel and Lodging | $33,441 | 141 | 2.0% |
| Education | $23,451 | 7 | 1.4% |
| Food and Beverage | $5,740 | 119 | 0.3% |
| Honoraria | $500.00 | 1 | 0.0% |
| Unspecified | $0 | 2 | 0.0% |
Payments by Type
General
$1.7M
440 transactions
Ownership
$0
2 transactions
Top Paying Companies
| Company | Total | Records | Latest Year |
|---|---|---|---|
| Zimmer Biomet Holdings, Inc. | $1.3M | 301 | $0 (2024) |
| ACUMED LLC | $167,331 | 110 | $0 (2023) |
| MedShape, Inc. | $162,725 | 3 | $0 (2021) |
| BioPoly LLC | $25,774 | 3 | $0 (2024) |
| CurvaFix, Inc. | $500.00 | 1 | $0 (2024) |
| Exactech, Inc. | $292.09 | 3 | $0 (2021) |
| Stryker Corporation | $291.80 | 6 | $0 (2023) |
| Paragon 28, Inc. | $229.75 | 2 | $0 (2021) |
| Abbott Laboratories | $141.04 | 2 | $0 (2018) |
| CROSSROADS EXTREMITY SYSTEMS, LLC | $119.82 | 1 | $0 (2021) |
Payment History by Year
| Year | Amount | Transactions | Top Company |
|---|---|---|---|
| 2024 | $88,914 | 33 | Zimmer Biomet Holdings, Inc. ($62,849) |
| 2023 | $69,924 | 50 | Zimmer Biomet Holdings, Inc. ($55,656) |
| 2022 | $903,609 | 32 | Zimmer Biomet Holdings, Inc. ($902,410) |
| 2021 | $232,678 | 65 | MedShape, Inc. ($160,207) |
| 2020 | $64,123 | 20 | Zimmer Biomet Holdings, Inc. ($42,994) |
| 2019 | $120,894 | 70 | Zimmer Biomet Holdings, Inc. ($65,680) |
| 2018 | $107,567 | 111 | Zimmer Biomet Holdings, Inc. ($84,939) |
| 2017 | $107,665 | 61 | Zimmer Biomet Holdings, Inc. ($73,539) |
All Payment Transactions
442 individual payment records from CMS Open Payments — Page 1 of 18
| Date | Company | Product | Nature | Form | Amount | Type |
|---|---|---|---|---|---|---|
| 12/27/2024 | Zimmer Biomet Holdings, Inc. | Trabecular Metal (Device) | Royalty or License | Cash or cash equivalent | $9,355.15 | General |
| Category: Foot & Ankle | ||||||
| 10/25/2024 | BioPoly LLC | BioPoly Great Toe Hemiarthroplasty Implant (Device), BioPoly Great Toe Hemiarthroplasty Implant, BioPoly Great Toe Hemiarthroplasty Implant | Royalty or License | Cash or cash equivalent | $16,029.27 | General |
| Category: Orthopedics | ||||||
| 09/25/2024 | Zimmer Biomet Holdings, Inc. | Trabecular Metal (Device) | Royalty or License | Cash or cash equivalent | $9,703.22 | General |
| Category: Foot & Ankle | ||||||
| 09/16/2024 | CurvaFix, Inc. | CurvaFix IM Implant (Device) | Honoraria | Cash or cash equivalent | $500.00 | General |
| Category: Pelvis | ||||||
| 08/15/2024 | Zimmer Biomet Holdings, Inc. | Trabecular Metal (Device) | Education | Cash or cash equivalent | $2,000.00 | General |
| Category: Foot & Ankle | ||||||
| 08/15/2024 | Zimmer Biomet Holdings, Inc. | Trabecular Metal (Device) | Education | Cash or cash equivalent | $2,000.00 | General |
| Category: Foot & Ankle | ||||||
| 08/07/2024 | Zimmer Biomet Holdings, Inc. | Gel-One Cross-linked Hyaluronate (Device), Trabecular Metal | Food and Beverage | In-kind items and services | $104.29 | General |
| Category: Knees | ||||||
| 07/17/2024 | BioPoly LLC | BioPoly Great Toe Hemiarthroplasty Implant (Device), BioPoly Great Toe Hemiarthroplasty Implant, BioPoly Great Toe Hemiarthroplasty Implant | Education | Cash or cash equivalent | $9,500.00 | General |
| Category: Orthopedics | ||||||
| 06/26/2024 | Zimmer Biomet Holdings, Inc. | Trabecular Metal (Device) | Royalty or License | Cash or cash equivalent | $12,225.07 | General |
| Category: Foot & Ankle | ||||||
| 05/02/2024 | DePuy Synthes Sales Inc. | MOTOBAND (Device) | Food and Beverage | In-kind items and services | $35.53 | General |
| Category: Trauma | ||||||
| 04/11/2024 | Zimmer Biomet Holdings, Inc. | Trabecular Metal (Device) | Education | Cash or cash equivalent | $4,375.00 | General |
| Category: Foot & Ankle | ||||||
| 04/11/2024 | Zimmer Biomet Holdings, Inc. | Trabecular Metal (Device) | Education | Cash or cash equivalent | $4,000.00 | General |
| Category: Foot & Ankle | ||||||
| 04/11/2024 | Zimmer Biomet Holdings, Inc. | — | Consulting Fee | Cash or cash equivalent | $2,000.00 | General |
| 04/11/2024 | Zimmer Biomet Holdings, Inc. | Trabecular Metal (Device) | Education | Cash or cash equivalent | $1,500.00 | General |
| Category: Foot & Ankle | ||||||
| 04/11/2024 | Zimmer Biomet Holdings, Inc. | — | Consulting Fee | Cash or cash equivalent | $500.00 | General |
| 04/11/2024 | Zimmer Biomet Holdings, Inc. | — | Consulting Fee | Cash or cash equivalent | $500.00 | General |
| 04/11/2024 | Zimmer Biomet Holdings, Inc. | Trabecular Metal (Device) | Travel and Lodging | Cash or cash equivalent | $103.18 | General |
| Category: Foot & Ankle | ||||||
| 04/11/2024 | Zimmer Biomet Holdings, Inc. | — | Travel and Lodging | Cash or cash equivalent | $40.87 | General |
| 04/11/2024 | Zimmer Biomet Holdings, Inc. | Trabecular Metal (Device) | Travel and Lodging | Cash or cash equivalent | $40.00 | General |
| Category: Foot & Ankle | ||||||
| 04/11/2024 | Zimmer Biomet Holdings, Inc. | — | Travel and Lodging | Cash or cash equivalent | $12.73 | General |
| 04/11/2024 | Zimmer Biomet Holdings, Inc. | Trabecular Metal (Device) | Food and Beverage | Cash or cash equivalent | $7.46 | General |
| Category: Foot & Ankle | ||||||
| 04/10/2024 | Zimmer Biomet Holdings, Inc. | Trabecular Metal (Device) | Food and Beverage | In-kind items and services | $33.77 | General |
| Category: Foot & Ankle | ||||||
| 04/10/2024 | Zimmer Biomet Holdings, Inc. | Trabecular Metal (Device) | Food and Beverage | In-kind items and services | $31.88 | General |
| Category: Foot & Ankle | ||||||
| 04/10/2024 | Zimmer Biomet Holdings, Inc. | Trabecular Metal (Device) | Food and Beverage | In-kind items and services | $5.96 | General |
| Category: Foot & Ankle | ||||||
| 04/10/2024 | Zimmer Biomet Holdings, Inc. | Trabecular Metal (Device) | Food and Beverage | In-kind items and services | $4.64 | General |
| Category: Foot & Ankle | ||||||
Medicare Billing by Year
| Year | Procedures | Beneficiaries | Services | Submitted | Medicare Paid |
|---|---|---|---|---|---|
| 2023 | 12 | 1,021 | 1,978 | $458,866 | $85,876 |
| 2022 | 15 | 1,103 | 2,243 | $503,277 | $87,452 |
| 2021 | 12 | 966 | 1,959 | $427,902 | $79,515 |
| 2020 | 9 | 920 | 1,661 | $303,294 | $56,602 |
Total Patients
4,010
Total Services
7,841
Medicare Billing
$309,447
Procedure Codes
48
All Medicare Procedures & Services
48 procedure records from CMS Medicare Utilization — Page 1 of 2
| HCPCS | Description | Setting | Year | Patients | Services | Charges | Medicare Paid | Ratio |
|---|---|---|---|---|---|---|---|---|
| 77002 | Fluoroscopic guidance for needle placement | Office | 2023 | 98 | 230 | $110,400 | $18,165 | 16.5% |
| 20605 | Aspiration and/or injection of fluid from medium joint | Office | 2023 | 134 | 356 | $99,082 | $13,914 | 14.0% |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Office | 2023 | 143 | 212 | $30,528 | $11,836 | 38.8% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Office | 2023 | 116 | 140 | $28,280 | $11,371 | 40.2% |
| 27702 | Reconstruction of ankle joint with prosthesis | Office | 2023 | 13 | 13 | $97,071 | $9,125 | 9.4% |
| 99203 | New patient office or other outpatient visit, 30-44 minutes | Office | 2023 | 71 | 71 | $16,188 | $5,010 | 30.9% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Office | 2023 | 48 | 48 | $15,408 | $4,642 | 30.1% |
| 73610 | X-ray of ankle, minimum of 3 views | Office | 2023 | 109 | 180 | $24,987 | $4,244 | 17.0% |
| 73630 | X-ray of foot, minimum of 3 views | Office | 2023 | 108 | 164 | $22,898 | $3,552 | 15.5% |
| J1030 | Injection, methylprednisolone acetate, 40 mg | Office | 2023 | 155 | 532 | $9,044 | $2,836 | 31.4% |
| 20600 | Aspiration and/or injection of fluid from small joint | Office | 2023 | 14 | 20 | $4,140 | $719.65 | 17.4% |
| Q4038 | Cast supplies, short leg cast, adult (11 years +), fiberglass | Office | 2023 | 12 | 12 | $840.00 | $460.80 | 54.9% |
| 77002 | Fluoroscopic guidance for needle placement | Office | 2022 | 94 | 215 | $103,200 | $16,761 | 16.2% |
| 20605 | Aspiration and/or injection of fluid from medium joint | Office | 2022 | 132 | 293 | $87,740 | $12,516 | 14.3% |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Office | 2022 | 134 | 188 | $27,072 | $10,995 | 40.6% |
| 27702 | Reconstruction of ankle joint with prosthesis | Office | 2022 | 15 | 15 | $112,005 | $10,208 | 9.1% |
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Office | 2022 | 106 | 121 | $24,442 | $9,925 | 40.6% |
| 99203 | New patient office or other outpatient visit, 30-44 minutes | Office | 2022 | 102 | 102 | $23,256 | $7,083 | 30.5% |
| 73610 | X-ray of ankle, minimum of 3 views | Office | 2022 | 119 | 210 | $29,258 | $5,203 | 17.8% |
| 73630 | X-ray of foot, minimum of 3 views | Office | 2022 | 125 | 201 | $28,140 | $4,535 | 16.1% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Office | 2022 | 32 | 32 | $10,272 | $3,132 | 30.5% |
| 28285 | Correction of toe joint deformity | Facility | 2022 | 11 | 17 | $22,066 | $2,448 | 11.1% |
| J1030 | Injection, methylprednisolone acetate, 40 mg | Office | 2022 | 135 | 368 | $6,256 | $1,814 | 29.0% |
| 28270 | Incision of joint capsule of foot and toe | Facility | 2022 | 11 | 14 | $18,676 | $1,662 | 8.9% |
| Q4038 | Cast supplies, short leg cast, adult (11 years +), fiberglass | Office | 2022 | 12 | 14 | $976.00 | $478.45 | 49.0% |
About Dr. Steven Herbst, MD
Dr. Steven Herbst, MD is a Foot and Ankle Surgery healthcare provider based in Muncie, Indiana. This provider has been registered with the National Plan and Provider Enumeration System (NPPES) since 08/01/2006. The National Provider Identifier (NPI) number assigned to this provider is 1588671788.
According to the Centers for Medicare & Medicaid Services (CMS) Open Payments database, Dr. Steven Herbst, MD has received a total of $1.7M in payments from pharmaceutical and medical device companies, with $88,914 received in 2024. These payments were reported across 442 transactions from 17 companies. The most common payment nature is "Acquisitions" ($1.0M).
As a Medicare-enrolled provider, Herbst has provided services to 4,010 Medicare beneficiaries, totaling 7,841 services with total Medicare billing of $309,447. Data is available for 4 years (2020–2023), covering 48 distinct procedure/service records.
Ad
Practice Information
- Specialty Foot and Ankle Surgery
- Other Specialties Orthopaedic Surgery
- Location Muncie, IN
- Active Since 08/01/2006
- Last Updated 12/11/2025
- Taxonomy Code 207XX0004X
- Entity Type Individual
- NPI Number 1588671788
Products in Payments
- Low Profile Reamer (Device) $847,345
- Trabecular Metal (TM) Ankle (Device) $252,828
- Trabecular Metal (Device) $166,721
- Ankle Plating System (Device) $88,009
- Calcaneal Plating System (Device) $28,039
- BioPoly Great Toe Hemiarthroplasty Implant (Device) $25,774
- Acutrak Headless Compression Screw System (Device) $15,407
- Trabecular Metal TM Instruments (Device) $13,591
- Signature Ankle (Device) $11,750
- Rebalance Ankle (Device) $7,829
- Product Portfolio (Device) $6,134
- Foot and Ankle Product Portfolio (Device) $3,500
- PD-Foot&Ankle-New Product (Device) $1,500
- ACUMED (Device) $1,250
- ExtremiFix Cannulated Screw System (Device) $1,177
- Nextremity General Instrument (Device) $875.00
- CurvaFix IM Implant (Device) $500.00
- Alps Plates and Instruments (Device) $485.96
- OsteoMed (Device) $341.80
- VANTAGE (Device) $292.09
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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.