Total Payments
$5,233
2024 Payments
$262.89
Companies
26
Transactions
87
Medicare Patients
789
Medicare Billing
$85,337
Payment Breakdown by Category
Food & Beverage$3,653 (69.8%)
Travel$1,552 (29.7%)
Education$28.42 (0.5%)
Payments by Nature
| Nature of Payment | Amount | Transactions | Share |
|---|---|---|---|
| Food and Beverage | $3,653 | 78 | 69.8% |
| Travel and Lodging | $1,552 | 7 | 29.7% |
| Education | $28.42 | 2 | 0.5% |
Top Paying Companies
| Company | Total | Records | Latest Year |
|---|---|---|---|
| Stryker Corporation | $2,301 | 21 | $0 (2023) |
| Smith+Nephew, Inc. | $493.20 | 7 | $0 (2024) |
| DePuy Synthes Sales Inc. | $399.44 | 5 | $0 (2024) |
| Osseus Fusion Systems, LLC | $293.36 | 2 | $0 (2018) |
| Amniox Medical, Inc. | $288.40 | 1 | $0 (2017) |
| CPM Medical Consultants, LLC | $198.68 | 1 | $0 (2024) |
| Horizon Therapeutics plc | $189.95 | 12 | $0 (2021) |
| Kerecis Limited | $142.90 | 1 | $0 (2022) |
| PAINTEQ LLC | $133.48 | 1 | $0 (2022) |
| Integra LifeSciences Corporation | $128.91 | 4 | $0 (2022) |
Payment History by Year
| Year | Amount | Transactions | Top Company |
|---|---|---|---|
| 2024 | $262.89 | 5 | CPM Medical Consultants, LLC ($198.68) |
| 2023 | $278.31 | 4 | Stryker Corporation ($196.99) |
| 2022 | $374.73 | 5 | Kerecis Limited ($142.90) |
| 2021 | $169.57 | 10 | Horizon Therapeutics plc ($48.68) |
| 2020 | $280.69 | 13 | Horizon Therapeutics plc ($141.27) |
| 2019 | $1,330 | 19 | Stryker Corporation ($1,079) |
| 2018 | $1,210 | 15 | Stryker Corporation ($822.70) |
| 2017 | $1,328 | 16 | DePuy Synthes Sales Inc. ($367.15) |
All Payment Transactions
87 individual payment records from CMS Open Payments — Page 1 of 4
| Date | Company | Product | Nature | Form | Amount | Type |
|---|---|---|---|---|---|---|
| 11/22/2024 | DePuy Synthes Sales Inc. | ORTHOVISC (Device), MONOVISC | Food and Beverage | In-kind items and services | $18.01 | General |
| Category: Sports Early Intervention | ||||||
| 09/10/2024 | Highridge Medical LLC | Biomet OrthoPak Non-invasive Bone Growth Stimulator System (Device) | Food and Beverage | In-kind items and services | $14.18 | General |
| Category: Bone Healing | ||||||
| 09/05/2024 | CPM Medical Consultants, LLC | Sterizo Total Knee System (Device) | Food and Beverage | Cash or cash equivalent | $198.68 | General |
| Category: Orthopedic | ||||||
| 08/01/2024 | Zimmer Biomet Holdings, Inc. | GPS III PLATELET CONCENTRATION SYSTEM (Device) | Food and Beverage | In-kind items and services | $14.35 | General |
| Category: Sports Medicine | ||||||
| 01/04/2024 | Smith+Nephew, Inc. | Bioinductive Implant with Arthroscopic Delivery System - Medium (Device) | Food and Beverage | In-kind items and services | $17.67 | General |
| Category: Sports Med Shoulder | ||||||
| 07/27/2023 | Linvatec Corporation | BIOBRACE 23MM (Device) | Food and Beverage | In-kind items and services | $41.52 | General |
| Category: ORTHOPEDIC SURGERY | ||||||
| 07/27/2023 | Linvatec Corporation | BIOBRACE 23MM (Device) | Food and Beverage | In-kind items and services | $39.80 | General |
| Category: ORTHOPEDIC SURGERY | ||||||
| 04/29/2023 | Stryker Corporation | OMEGA (Device) | Food and Beverage | In-kind items and services | $123.04 | General |
| Category: HIPS | ||||||
| 04/12/2023 | Stryker Corporation | INSPACE (Device) | Food and Beverage | In-kind items and services | $73.95 | General |
| Category: SPORTS MEDICINE | ||||||
| 09/08/2022 | Kerecis Limited | Kerecis Omega3 SurgiClose (Device), Kerecis Omega3 Marigen, Kerecis Omega3 GraftGuide | Food and Beverage | Cash or cash equivalent | $142.90 | General |
| Category: Wound Care | ||||||
| 08/08/2022 | PAINTEQ LLC | PAINTEQ (Device) | Food and Beverage | In-kind items and services | $133.48 | General |
| Category: PAIN MANAGEMENT | ||||||
| 06/17/2022 | Integra LifeSciences Corporation | Integra (Device), Integra, Integra | Food and Beverage | In-kind items and services | $18.23 | General |
| Category: Recon-Skin and Wound | ||||||
| 03/24/2022 | Integra LifeSciences Corporation | Integra (Device), Integra, Integra | Food and Beverage | In-kind items and services | $13.01 | General |
| Category: Recon-Skin and Wound | ||||||
| 03/08/2022 | Stryker Corporation | AIR (Device), HIPCHECK, CINCHLOCK | Food and Beverage | In-kind items and services | $67.11 | General |
| Category: KNEES | ||||||
| 12/21/2021 | Integra LifeSciences Corporation | INTEGRA MESHED BILAYER WOUND MATRIX (Device), INTEGRA WOUND MATRIX (THIN), PRIMATRIX | Food and Beverage | In-kind items and services | $32.32 | General |
| Category: RECON-SKIN AND WOUND | ||||||
| 09/16/2021 | Orthofix Medical, Inc. | Physio-Stim (Device) | Food and Beverage | In-kind items and services | $26.39 | General |
| Category: Stimulator, Bone Growth, Non-Invasive | ||||||
| 08/12/2021 | DePuy Synthes Sales Inc. | ORTHOVISC (Device), MONOVISC | Food and Beverage | In-kind items and services | $14.28 | General |
| Category: Sports Early Intervention | ||||||
| 06/07/2021 | Orthogenrx Inc. | TriVisc sodium hyaluronate (Device), GenVisc 850 sodium hyaluronate | Food and Beverage | In-kind items and services | $17.57 | General |
| Category: Osteoarthritis | ||||||
| 04/26/2021 | Orthofix Medical, Inc. | Physio-Stim (Device) | Food and Beverage | In-kind items and services | $8.86 | General |
| Category: Stimulator, Bone Growth, Non-Invasive | ||||||
| 03/30/2021 | Orthofix Medical, Inc. | Physio-Stim (Device) | Food and Beverage | In-kind items and services | $6.64 | General |
| Category: Stimulator, Bone Growth, Non-Invasive | ||||||
| 03/03/2021 | IBSA Pharma Inc. | Licart (Drug) | Food and Beverage | Cash or cash equivalent | $14.83 | General |
| Category: non-opioid analgesic | ||||||
| 02/09/2021 | Horizon Therapeutics plc | PENNSAID (Drug) | Food and Beverage | In-kind items and services | $12.14 | General |
| Category: PENNSAID | ||||||
| 01/25/2021 | Horizon Therapeutics plc | RAYOS (Drug), RAYOS, RAYOS | Food and Beverage | In-kind items and services | $13.53 | General |
| Category: RAYOS | ||||||
| 01/11/2021 | Horizon Therapeutics plc | DUEXIS (Drug) | Food and Beverage | In-kind items and services | $23.01 | General |
| Category: DUEXIS | ||||||
| 12/22/2020 | Horizon Therapeutics plc | RAYOS (Drug), RAYOS, RAYOS | Food and Beverage | In-kind items and services | $1.15 | General |
| Category: RAYOS | ||||||
Medicare Billing by Year
| Year | Procedures | Beneficiaries | Services | Submitted | Medicare Paid |
|---|---|---|---|---|---|
| 2023 | 7 | 207 | 345 | $398,384 | $24,826 |
| 2022 | 4 | 115 | 183 | $39,929 | $8,347 |
| 2021 | 7 | 194 | 314 | $67,356 | $15,886 |
| 2020 | 8 | 273 | 1,767 | $139,470 | $36,278 |
Total Patients
789
Total Services
2,609
Medicare Billing
$85,337
Procedure Codes
26
All Medicare Procedures & Services
26 procedure records from CMS Medicare Utilization — Page 1 of 2
| HCPCS | Description | Setting | Year | Patients | Services | Charges | Medicare Paid | Ratio |
|---|---|---|---|---|---|---|---|---|
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | Office | 2023 | 58 | 129 | $154,982 | $12,631 | 8.2% |
| 20610 | Aspiration and/or injection of fluid from large joint | Office | 2023 | 41 | 78 | $135,800 | $4,322 | 3.2% |
| 99205 | New patient office or other outpatient visit, 60-74 minutes | Office | 2023 | 20 | 20 | $48,506 | $3,421 | 7.1% |
| 99204 | New patient office or other outpatient visit, 45-59 minutes | Office | 2023 | 15 | 15 | $26,224 | $1,851 | 7.1% |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Office | 2023 | 18 | 24 | $12,338 | $1,484 | 12.0% |
| 99203 | New patient office or other outpatient visit, 30-44 minutes | Office | 2023 | 16 | 16 | $14,791 | $1,063 | 7.2% |
| J3301 | Injection, triamcinolone acetonide, not otherwise specified, 10 mg | Office | 2023 | 39 | 63 | $5,742 | $52.89 | 0.9% |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | Office | 2022 | 43 | 77 | $18,732 | $5,082 | 27.1% |
| 99203 | New patient office or other outpatient visit, 30-44 minutes | Office | 2022 | 20 | 20 | $6,900 | $1,672 | 24.2% |
| 20610 | Aspiration and/or injection of fluid from large joint | Office | 2022 | 26 | 29 | $9,749 | $1,547 | 15.9% |
| J3301 | Injection, triamcinolone acetonide, not otherwise specified, 10 mg | Office | 2022 | 26 | 57 | $4,548 | $45.59 | 1.0% |
| 99213 | Established patient outpatient visit, total time 20-29 minutes | Office | 2021 | 50 | 80 | $14,940 | $5,538 | 37.1% |
| 20611 | Aspiration and/or injection of major joint or joint capsule with recording and reporting using ultrasound guidance | Office | 2021 | 18 | 39 | $18,600 | $3,147 | 16.9% |
| 99212 | Established patient outpatient visit, total time 10-19 minutes | Office | 2021 | 36 | 76 | $8,661 | $3,055 | 35.3% |
| 20610 | Aspiration and/or injection of large joint or joint capsule | Office | 2021 | 22 | 35 | $11,850 | $1,916 | 16.2% |
| 99203 | New patient outpatient visit, total time 30-44 minutes | Office | 2021 | 23 | 23 | $6,885 | $1,742 | 25.3% |
| 73562 | X-ray of knee, 3 views | Office | 2021 | 11 | 14 | $2,660 | $440.58 | 16.6% |
| J3301 | Injection, triamcinolone acetonide, not otherwise specified, 10 mg | Office | 2021 | 34 | 47 | $3,760 | $48.66 | 1.3% |
| J7320 | Hyaluronan or derivitive, genvisc 850, for intra-articular injection, 1 mg | Office | 2020 | 12 | 1,325 | $33,125 | $16,357 | 49.4% |
| 20611 | Aspiration and/or injection of major joint or joint capsule with recording and reporting using ultrasound guidance | Office | 2020 | 50 | 105 | $56,750 | $7,993 | 14.1% |
| 99213 | Established patient office or other outpatient visit, typically 15 minutes | Office | 2020 | 49 | 78 | $12,870 | $4,367 | 33.9% |
| 99212 | Established patient office or other outpatient visit, typically 10 minutes | Office | 2020 | 45 | 100 | $11,500 | $3,223 | 28.0% |
| 99203 | New patient office or other outpatient visit, typically 30 minutes | Office | 2020 | 26 | 26 | $7,670 | $2,009 | 26.2% |
| 99214 | Established patient office or other outpatient, visit typically 25 minutes | Office | 2020 | 13 | 15 | $3,825 | $1,208 | 31.6% |
| 73562 | X-ray of knee, 3 views | Office | 2020 | 26 | 39 | $7,410 | $1,032 | 13.9% |
About Dr. Terry Madsen, M.D
Dr. Terry Madsen, M.D is a Orthopaedic Surgery healthcare provider based in Richardson, Texas. This provider has been registered with the National Plan and Provider Enumeration System (NPPES) since 08/18/2006. The National Provider Identifier (NPI) number assigned to this provider is 1518071653.
According to the Centers for Medicare & Medicaid Services (CMS) Open Payments database, Dr. Terry Madsen, M.D has received a total of $5,233 in payments from pharmaceutical and medical device companies, with $262.89 received in 2024. These payments were reported across 87 transactions from 26 companies. The most common payment nature is "Food and Beverage" ($3,653).
As a Medicare-enrolled provider, Madsen has provided services to 789 Medicare beneficiaries, totaling 2,609 services with total Medicare billing of $85,337. Data is available for 4 years (2020–2023), covering 26 distinct procedure/service records.
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Practice Information
- Specialty Orthopaedic Surgery
- Location Richardson, TX
- Active Since 08/18/2006
- Last Updated 05/22/2024
- Taxonomy Code 207X00000X
- Entity Type Individual
- NPI Number 1518071653
Products in Payments
- MAKO (Device) $874.22
- HIP ARTHROSCOPY ACCESS & INSTRUMENTATION SET (Device) $822.70
- NEOX (Biological) $288.40
- TRIATHLON (Device) $204.89
- Sterizo Total Knee System (Device) $198.68
- Journey II XR (Device) $164.28
- RAYOS (Drug) $154.80
- Kerecis Omega3 SurgiClose (Device) $142.90
- Regeneten (Device) $135.82
- Makoplasty (Device) $135.12
- PAINTEQ (Device) $133.48
- CAPITAL EQUIPMENT CART (Device) $125.00
- EXTERNAL FIXATION (Device) $125.00
- OMEGA (Device) $123.04
- EXPRESSEW (Device) $117.15
- Acufex Director (Device) $112.01
- BIOBRACE 23MM (Device) $81.32
- INSPACE (Device) $73.95
- EUFLEXXA (Device) $71.07
- AIR (Device) $67.11
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.
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