Michael Principe, DO
Orthopaedic Surgery · Wilmington, DENPI 1760661193
Payments from drug & device makers
What this record shows
This record is dominated by consulting fees: $24,300 of the $29,119 with a category attached, or 83.4%. 15 manufacturers reported payments, led by Medical Device Business Services, Inc. at 45.1% of the total. Reporting peaked in 2020 at $13,445 and has fallen 64.4% since, to $4,784 in 2025.
Across 83 payments — averaging $350.83 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Medical Device Business Services, Inc.$13K
- Synthes USA Products LLC$12K
- Liberty Surgical Inc.$1K
- Arthrex$1K
- Stryker$988
- Johnson & Johnson$193
- plus $546 from 9 others
What the payments were for
- Consulting fees$24,30083%
- Speaking & faculty fees$1,0003%
- Travel & lodging$2901%
- Food & beverage$2,3308%
- Education$1,2004%
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 |
|---|---|---|
| Medical Device Business Services, Inc. | 12 | $13,130 |
| Synthes USA Products LLC | 18 | $11,910 |
| Liberty Surgical Inc. | 5 | $1,298 |
| Arthrex | 2 | $1,056 |
| Stryker(2 entities) | 24 | $988 |
| Johnson & Johnson | 7 | $193 |
| Smith+Nephew | 3 | $123 |
| Eclipse Technology Solutions Inc. | 3 | $105 |
| Nuvasive Specialized Orthopedics, Inc. | 1 | $84 |
| Innovation Technologies Inc | 3 | $61 |
| Baxter Healthcare | 1 | $55 |
| Si-bone, Inc. | 1 | $46 |
| Integra Lifesciences Corporation | 1 | $39 |
| Davol Inc. | 1 | $19 |
| Globus Medical | 1 | $13 |
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.
- EX NAILS$6,750
- IM NAILS$6,750
- EXTERNAL FIXATION$6,525
- NA$6,525
- EXPert Nail$1,125
- TFN ADVANCED$415
- PRIME SERIES$167
- T2 ALPHA$160
- INFINITY$155
How this compares
$29,119 in reported general payments places this provider in the 80th percentile of 70 orthopaedic surgery providers in Delaware.
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 |
|---|---|---|
| Gabapentin | 22 | $362 |
| Meloxicam | 18 | $72 |
| Tramadol Hcl | 26 | $61 |
Paid to pharmacies, not to this prescriber.
Other orthopaedic surgery in Wilmington
- Suken ShahWilmington$2.1M
- Patrick WardWilmington$68K
- Steven DelloseWilmington$52K
- James RubanoWilmington$39K
- Nicholas QuercettiWilmington$32K
- David TainterWilmington$26K
- Akul PatelWilmington$21K
- Alfonso ArevaloWilmington$18K
- Michael ShraderWilmington$14K
- Brian GalinatWilmington$13K
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.