Gregory Folsom, MD
Orthopaedic Surgery · Edina, MNNPI 1033184213
Payments from drug & device makers
What this record shows
The money is spread across several categories — food and beverage (38.6%), travel and lodging and education — rather than concentrated in one kind of arrangement. 7 manufacturers reported payments, led by Foundation Medical, LLC at 29.1% of the total. 2025 is the largest year on record at $2,083, 2.1 times the $1,016 reported in 2020. That places this record below the midpoint for orthopaedic surgery clinicians in MN, where the typical reported total is $3,921.
Across 27 payments — averaging $145.23 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Foundation Medical, LLC$1K
- Arthrex$1K
- Gemini Medical LLC$1K
- Stryker$508
- Pacira Pharmaceuticals Incorporated$117
- Smith+Nephew$63
- plus $20 from 1 others
What the payments were for
- Travel & lodging$1,37235%
- Food & beverage$1,51439%
- Education$1,03626%
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 |
|---|---|---|
| Foundation Medical, LLC | 10 | $1,142 |
| Arthrex | 7 | $1,055 |
| Gemini Medical LLC | 1 | $1,016 |
| Stryker | 6 | $508 |
| Pacira Pharmaceuticals Incorporated | 1 | $117 |
| Smith+Nephew | 1 | $63 |
| CSL Behring | 1 | $20 |
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
$3,921 in reported general payments places this provider in the 50th percentile of 533 orthopaedic surgery providers in Minnesota.
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.
Other orthopaedic surgery in Edina
- Christopher LarsonEdina$324K
- Leroy McCartyEdina$155K
- Ryan HoelEdina$126K
- Allan HuntEdina$100K
- Daniel BerryRochester$21.5M
- Mark PagnanoRochester$14.8M
- Robert TrousdaleRochester$12.2M
- John SperlingRochester$12.2M
- Shawn O'DriscollRochester$10.5M
- Bryan Den HartogStillwater$9M
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.