Has George Frey, MD received payments from drug or device companies?

Yes. Drug and device makers reported $5,290,001 in general payments to George Frey, MD across 75 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 George Frey, 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 George Frey, 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.

George Frey, MD

Orthopaedic Surgery of the Spine · Denver, CONPI 1487692745

Payments from drug & device makers

What this record shows

This record is dominated by royalties or licence payments: $5,257,701 of the $5,290,001 with a category attached, or 99.4%. Medtronic accounts for 99.4% of it on its own, with 14 other manufacturers making up the rest. Reporting peaked in 2019 at $2,558,063 and has fallen 100.0% since, to $499 in 2025. Among orthopaedic surgery of the spine clinicians in CO with any reported payments, this total sits in the top 5% — high for the specialty, which is a reason to read the composition above rather than the number alone.

$5,290,001in general payments, 2019–2025

Across 75 payments — averaging $70,533 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.

Medtronic$5.3M
Spineart USA Inc$24K
Spinecraft, LLC$4K
Spinal Elements, Inc.$1K
Orthopediatrics Corp.$739
4web, Inc.$664
plus $976 from 9 others

What the payments were for

Royalty or licence$5,257,70199%
Consulting fees$24,2000%
Speaking & faculty fees$6260%
Travel & lodging$4,1570%
Food & beverage$3,3170%

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)	29	$5,257,941
Spineart USA Inc	13	$24,357
Spinecraft, LLC	1	$4,000
Spinal Elements, Inc.	11	$1,325
Orthopediatrics Corp.	2	$739
4web, Inc.	7	$664
Kuros Biosciences USA, Inc	1	$263
Spineology Inc.	2	$183
Bioventus LLC	1	$130
Orthofix Medical, Inc.	1	$124
Johnson & Johnson	1	$121
Stryker	2	$56
Nevro Corp.	1	$37
Globus Medical	1	$33
DJO, LLC	2	$28

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.

CAPSTONE$2,558,802
CD HORIZON$1,783,313
CAPSTONE PTC SPINAL SYSTEM$915,586
Perla TL$7,200
Romeo 2$1,362
Medical Device$969
SPINE TRUSS SYSTEM$274
PERLA C$197
BONESCALPEL & SONICONE (O.R.)$130
MISCELLANEOUS$124
THRESHOLD PEDICLE SCREW SYSTEM$122
EXPEDIUM$121
UNiD$109
UNID_PASS$105

How this compares

$5,290,001 in reported general payments places this provider in the 95th percentile of 69 orthopaedic surgery of the spine providers in Colorado.

See all orthopaedic surgery of the spine providers in Colorado →

Medicare billing

Part B allowed, 2024

$334,992

Medicare patients

162

Services billed

932

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
Dexamethasone	15	$391
Diclofenac Sodium	25	$300
Oxycodone Hcl	14	$85
Methocarbamol	13	$76
Methylprednisolone	11	$62
Meloxicam	14	$45

Paid to pharmacies, not to this prescriber.

Other orthopaedic surgery of the spine in Denver

Timothy KukloDenver$1.3M
Samuel SmithDenver$3K
Todd VanderheidenDenver$2K
Christopher CainAurora$3.3M
Edward DonnerJohnstown$2.5M
Jim YoussefDurango$2.3M
Scott StanleyParker$1.7M
Michael GallizziLone Tree$1.2M
Douglas BeardFort Collins$583K
Robert BenzFort Collins$581K

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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