Elizabeth Spencer, MD
Vascular & Interventional Radiology · Highlands Ranch, CONPI 1740279504
Payments from drug & device makers
What this record shows
This record is dominated by speaking fees: $149,925 of the $189,459 with a category attached, or 79.1%. Philips North America LLC accounts for 63.4% of it on its own, with 19 other manufacturers making up the rest. Reporting peaked in 2019 at $98,144 and has fallen 90.5% since, to $9,315 in 2025. Among vascular & interventional radiology clinicians in CO with any reported payments, this total sits in the top 10% — high for the specialty, which is a reason to read the composition above rather than the number alone.
Across 247 payments — averaging $767.04 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Philips North America LLC$120K
- Boston Scientific$38K
- Medtronic$9K
- Pfizer$9K
- Bard Peripheral Vascular, Inc.$5K
- E.r. Squibb & Sons, L.L.C.$3K
- plus $5K from 14 others
Across 3 payments — averaging $17,411 each. Payments tied to a research study. These frequently flow through the physician to a hospital or research institution rather than to the physician personally.
- Boston Scientific$28K
- Medtronic$24K
- Veniti, Inc.$250
What the payments were for
- Consulting fees$24,82513%
- Speaking & faculty fees$149,92579%
- Travel & lodging$3,8722%
- Food & beverage$8,3154%
- Education$1,3221%
- Other$1,2001%
General payments by program year
Who reported the general payments
Companies are grouped under their corporate parent — a single manufacturer often files under several CMS reporting entities. Research and ownership payments are counted separately and are not in this table.
| Company | Payments | Total |
|---|---|---|
| Philips North America LLC | 57 | $120,068 |
| Boston Scientific | 61 | $38,065 |
| Medtronic(2 entities) | 37 | $8,904 |
| Pfizer | 26 | $8,829 |
| Bard Peripheral Vascular, Inc. | 11 | $5,228 |
| E.r. Squibb & Sons, L.L.C. | 13 | $3,051 |
| Angiodynamics, Inc. | 8 | $2,731 |
| Surmodics, Inc. | 11 | $746 |
| Shockwave Medical, Inc | 5 | $434 |
| Terumo Medical Corporation | 1 | $400 |
| Tactile Systems Technology Inc | 4 | $213 |
| Cagent Vascular Inc | 1 | $194 |
| Cardiovascular Systems Inc. | 1 | $142 |
| Penumbra, Inc. | 2 | $139 |
| Biotronik Inc. | 1 | $119 |
| Cook Medical LLC | 4 | $72 |
| Abbott | 1 | $39 |
| Siemens Medical Solutions USA, Inc. | 1 | $38 |
| W. L. Gore & Associates, Inc. | 1 | $33 |
| Shape Memory Medical Inc. | 1 | $13 |
What the payments were tied to
Products named in the reported payments. Only payments of $100 or more are attributed here — the typical reported payment nationally is a meal worth about $16, and listing those product-by-product would be noise.
- IGT D Peripheral$67,075
- Spectranetics Undiv$18,948
- ANGIOJET$12,057
- ELIQUIS$11,430
- (9520) IGT Devices Undivided$10,250
- GENERAL VASCULAR INTERVENTION$9,384
- GENERAL - THERAPIES$8,944
- (R11) US EQ Undivided$8,500
- Abre$7,624
- IVUS Systems$5,500
- VENOVO$5,130
- VENOUS WALLSTENT$5,108
- (7881) Ultrasound Und$5,000
- ATLAS$4,000
- VenaCure 1470 Pro$2,442
- (6554) Peripheral Vascular Undivided$2,250
- (6554) Periph Vasc Undiv$1,250
- GENERAL THROMBECTOMY$497
- Pounce Thrombectomy System$336
- Pounce Venous Thrombectomy System$336
How this compares
$189,459 in reported general payments places this provider in the 90th percentile of 105 vascular & interventional radiology providers in Colorado.
See all vascular & interventional radiology providers in Colorado →
Medicare billing
What this is not: this is the amount Original Medicare Part B allowed for services this provider billed in 2024. It is not their income. It excludes Medicare Advantage — now more than half of all Medicare enrollment — along with Medicaid and all commercial insurance, and it is gross practice revenue before staff, rent, supplies and malpractice premiums. CMS also suppresses any figure covering ten or fewer patients, so low-volume providers appear smaller than they are.
Most prescribed under Part D
| Drug | Claims | Cost to plans & patients |
|---|---|---|
| Tramadol Hcl | 12 | $19 |
Paid to pharmacies, not to this prescriber.
Other vascular & interventional radiology in Highlands Ranch
- Stephanie WangHighlands Ranch$6K
- Charles NuttingGreenwood Village$1.1M
- David KumpeAurora$844K
- Aaron KovaleskiLone Tree$429K
- Anthony BrownEnglewood$262K
- Premal TrivediAurora$206K
- Johnathan LindquistAurora$202K
- Paul RochonThornton$145K
- Jason CarrollEnglewood$130K
- David JohnsonAurora$70K
Where these figures come from
- Payments: CMS Open Payments, program years 2019–2025 (publication P06302026_06032026).
- Billing: Medicare Physician & Other Practitioners, data year 2024. Original Medicare Part B only.
- Identity: NPPES NPI Registry, July 2026.