Has Erik Peterson, MD received payments from drug or device companies?

Yes. Drug and device makers reported $2,773 in general payments to Erik Peterson, MD across 15 transactions between 2019–2025. Most Open Payments records nationally are meals worth under $20; a reported payment is not evidence of wrongdoing.

Does a payment mean Erik Peterson, MD did something wrong?

No. Federal law requires drug and device makers to report almost every transfer of value to a physician, including a $14 sandwich at a lunch presentation. Consulting fees, research funding and royalties to device inventors are ordinary, legal parts of medicine. This site reports what was disclosed; it makes no allegation.

Where does this information about Erik Peterson, MD come from?

The U.S. Centers for Medicare & Medicaid Services. Payments come from Open Payments, published under the Physician Payments Sunshine Act. Billing and prescribing figures come from the Medicare Physician & Other Practitioners and Part D Prescriber public use files for 2024.

Erik Peterson, MD

Orthopaedic Surgery · Sioux Falls, SDNPI 1437123320

Payments from drug & device makers

What this record shows

The money is spread across several categories — education (43.3%), travel and lodging and food and beverage — rather than concentrated in one kind of arrangement. 5 manufacturers reported payments, led by Smith+Nephew at 44.3% of the total. That places this record below the midpoint for orthopaedic surgery clinicians in SD, where the typical reported total is $3,305.

$2,773in general payments, 2019–2025

Across 15 payments — averaging $184.84 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.

Smith+Nephew$1K
Conetic Solutions, Inc.$1K
Alkermes, Inc.$160
Zimmer Biomet$145
Abbott$15

What the payments were for

Travel & lodging$80129%
Food & beverage$77228%
Education$1,20043%

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
Smith+Nephew	6	$1,228
Conetic Solutions, Inc.	2	$1,225
Alkermes, Inc.	5	$160
Zimmer Biomet	1	$145
Abbott	1	$15

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.

How this compares

$2,773 in reported general payments places this provider in the 45th percentile of 92 orthopaedic surgery providers in South Dakota.

See all orthopaedic surgery providers in South Dakota →

Medicare billing

Part B allowed, 2024

$251,362

Medicare patients

433

Services billed

2,732

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
Hydrocodone-AcetaminophenHydrocodone/Acetaminophen	16	$158
Celecoxib	12	$152
Methylprednisolone	16	$128
Amoxicillin	162	$104
Clindamycin Hcl	35	$33
Tramadol Hcl	13	$32
Meloxicam	12	$8

Paid to pharmacies, not to this prescriber.

Other orthopaedic surgery in Sioux Falls

Keith BaumgartenSioux Falls$286K
Nathan SkelleySioux Falls$191K
John FarynaSioux Falls$160K
Geoffrey HaftSioux Falls$84K
Anthony FiegenSioux Falls$45K
Alan YanSioux Falls$40K
Michael AdlerSioux Falls$28K
Gregory NeelySioux Falls$26K
Clint BengeSioux Falls$18K
Jason HurdSioux Falls$16K

See the full list for South Dakota →

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.

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