Michael Alexiades, MD
Orthopaedic Surgery · New York, NYNPI 1558467027
Payments from drug & device makers
What this record shows
The money is spread across several categories — royalties or licence payments (55.0%), other and consulting fees — rather than concentrated in one kind of arrangement. Encore Medical, LP accounts for 98.2% of it on its own, with 3 other manufacturers making up the rest. Reporting peaked in 2021 at $265,615 and has fallen 58.1% since, to $111,406 in 2025. Among orthopaedic surgery clinicians in NY 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.
Across 101 payments — averaging $5652.63 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Encore Medical, LP$560K
- Medical Device Business Services, Inc.$7K
- Intellijoint Surgical Inc.$3K
- Zimmer Biomet$123
Across 8 payments — averaging $1997.42 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.
- Medical Device Business Services, Inc.$9K
- Stryker$7K
Across 8 payments — averaging $131.62 each. An ownership or investment interest held by the physician or an immediate family member.
- Intellijoint Surgical Inc.$1K
- Insight Medical Systems, Inc.$0
- Shoulder Innovations, Inc.$0
What the payments were for
- Royalty or licence$314,28755%
- Consulting fees$48,6629%
- Travel & lodging$6,7521%
- Food & beverage$8050%
- Other$200,41035%
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 |
|---|---|---|
| Encore Medical, LP | 91 | $560,481 |
| Medical Device Business Services, Inc. | 4 | $7,020 |
| Intellijoint Surgical Inc. | 5 | $3,292 |
| Zimmer Biomet | 1 | $123 |
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.
- DJO SURGICAL$149,400
- DJO Surgical Empowr Acetabular System$53,480
- ACTIS$7,020
- CORAIL$7,020
- PINNACLE$7,020
- DePuy Synthes Advantage$4,680
- DJO Surgical FMP Acetabular System$4,165
- DJO Surgical 3DKnee System$3,287
- Intellijoint HIP$2,792
- DJO Surgical Empowr Knee System$2,574
- DJO Surgical TaperFill Hip System$1,300
- DJO Surgical Linear Hip System$1,300
- DJO Surgical CLP Hip System$1,026
- Intellijoint$500
- ROSA$123
How this compares
$570,916 in reported general payments places this provider in the 95th percentile of 1,079 orthopaedic surgery providers in New York.
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 Sodium-MisoprostolDiclofenac Sodium/Misoprostol | 14 | $1,287 |
| Meloxicam | 78 | $255 |
| Amoxicillin | 80 | $157 |
Paid to pharmacies, not to this prescriber.
Other orthopaedic surgery in New York
- Anthony RomeoNew York$26.8M
- Lawrence LenkeNew York$26.8M
- Edwin SuNew York$13.2M
- William RicciNew York$11.6M
- Steven HaasNew York$11.3M
- Giles ScuderiNew York$10.7M
- Joseph ZuckermanNew York$9.9M
- Evan FlatowNew York$9.6M
- Bradford ParsonsNew York$9.4M
- Geoffrey WestrichNew York$7.1M
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.