Has Ethan Ellis, MD received payments from drug or device companies?

Yes. Drug and device makers reported $143,891 in general payments to Ethan Ellis, MD across 254 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 Ethan Ellis, 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 Ethan Ellis, 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.

Ethan Ellis, MD

Clinical Cardiac Electrophysiology · Fort Collins, CONPI 1316110208

Payments from drug & device makers

What this record shows

This record is dominated by speaking fees: $92,238 of the $143,891 with a category attached, or 64.1%. Medtronic accounts for 85.1% of it on its own, with 6 other manufacturers making up the rest. 2025 is the largest year on record at $54,735, 2.7 times the $20,452 reported in 2019. Among clinical cardiac electrophysiology 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.

$143,891in general payments, 2019–2025

Across 254 payments — averaging $566.50 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.

Medtronic$122K
Abbott$10K
Biosense Webster, Inc.$9K
Boston Scientific$877
Biotronik Inc.$552
Philips North America LLC$329
plus $126 from 1 others

$162,832in research payments, 2019–2025

Across 53 payments — averaging $3072.31 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.

Medtronic$105K
Medical Device Business Services, Inc.$58K

What the payments were for

Consulting fees$15,84811%
Speaking & faculty fees$92,23864%
Travel & lodging$29,04420%
Food & beverage$6,7485%
Education$140%

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
Medtronic(2 entities)	102	$122,440
Abbott	85	$10,106
Biosense Webster, Inc.	19	$9,461
Boston Scientific	41	$877
Biotronik Inc.	2	$552
Philips North America LLC	2	$329
Atricure, Inc.	3	$126

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

$143,891 in reported general payments places this provider in the 90th percentile of 66 clinical cardiac electrophysiology providers in Colorado.

See all clinical cardiac electrophysiology providers in Colorado →

Medicare billing

Part B allowed, 2024

$277,986

Medicare patients

2,305

Services billed

3,875

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
EliquisApixaban	380	$541,721
XareltoRivaroxaban	69	$93,651
MultaqDronedarone Hcl	67	$89,123
Metoprolol Succinate	309	$5,470
ClopidogrelClopidogrel Bisulfate	92	$1,446
Diltiazem 24hr Er (Cd)Diltiazem Hcl	38	$1,266
Metoprolol Tartrate	112	$984
Amiodarone Hcl	79	$897
Carvedilol	47	$517
Losartan Potassium	48	$467
Warfarin Sodium	40	$369
Lisinopril	35	$320
Simvastatin	12	$149
Furosemide	11	$135
Telmisartan	11	$92

Paid to pharmacies, not to this prescriber.

Other clinical cardiac electrophysiology in Fort Collins

Russell HeathFort Collins$22K
Charles JohnsonFort Collins$12K
Robert KiserFort Collins$9K
David KatzFort Collins$5K
Srikanth SundaramLittleton$493K
Bradley MikaelianColorado Springs$364K
Wendy TzouAurora$350K
Christopher PorterfieldAurora$340K
Lohit GargAurora$147K
Ganesh VenkataramanLakewood$127K

See the full list for Colorado →

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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