Joaquin Balaguer, DPM
Podiatrist · Bayamon, PRNPI 1356311229
Payments from drug & device makers
What this record shows
This record is dominated by education: $4,932 of the $7,585 with a category attached, or 65.0%. Arthrex accounts for 61.3% of it on its own, with 11 other manufacturers making up the rest. Reporting peaked in 2022 at $2,819 and has fallen 82.5% since, to $494 in 2024.
Across 29 payments — averaging $261.56 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Arthrex$5K
- RMC Orthopedic & Surgical, Inc.$1K
- Trice Medical, Inc.$439
- Voom Medical Devices, Inc.$343
- Boston Scientific$244
- Stryker$165
- plus $481 from 6 others
What the payments were for
- Travel & lodging$1,23716%
- Food & beverage$1,41719%
- Education$4,93265%
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 |
|---|---|---|
| Arthrex | 13 | $4,650 |
| RMC Orthopedic & Surgical, Inc. | 2 | $1,263 |
| Trice Medical, Inc. | 2 | $439 |
| Voom Medical Devices, Inc. | 1 | $343 |
| Boston Scientific | 3 | $244 |
| Stryker | 1 | $165 |
| Amniox Medical, Inc. | 1 | $160 |
| Medical Device Business Services, Inc. | 2 | $116 |
| Kerecis Limited | 1 | $92 |
| Organogenesis Inc. | 1 | $50 |
| Smith+Nephew | 1 | $45 |
| Novastep Inc. | 1 | $19 |
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
Too few podiatrist providers in Puerto Ricoto place this figure against a meaningful peer group, so we don't.
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 |
|---|---|---|
| Diclofenac Potassium | 344 | $9,117 |
| Ammonium Lactate | 180 | $5,246 |
| Ciclopirox | 66 | $4,766 |
| Itraconazole | 54 | $3,482 |
| Cefadroxil | 243 | $2,678 |
| Terbinafine Hcl | 128 | $2,205 |
| Clotrimazole-BetamethasoneClotrimazole/Betamethasone Dip | 53 | $1,705 |
| Amoxicillin-Clavulanate PotassAmoxicillin/Potassium Clav | 81 | $1,398 |
| Mometasone Furoate | 34 | $1,199 |
| Ketorolac Tromethamine | 43 | $998 |
| Tramadol Hcl-AcetaminophenTramadol Hcl/Acetaminophen | 98 | $979 |
| Clindamycin Hcl | 61 | $771 |
| Nabumetone | 65 | $658 |
| Cephalexin | 52 | $560 |
| Pregabalin | 21 | $261 |
Paid to pharmacies, not to this prescriber.
Other podiatrist in Bayamon
- Edmond MedinaBayamon$11K
- Roberto Sanchez CordovaPuerto Nuevo$7K
- Carlos ArroyoSan Juan$5K
- Jose RodriguezVega Alta$3K
- Michael FlatleyAguadilla$830
- Lori GomezCarolina$352
- Cher RamosSan Juan$341
- Edgardo Morales SerranoSan Juan$195
- Frances Rivera AvilesSan Juan$174
- Pablo VegaVega Alta$138
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.