Raymond Pensy, MD
Orthopaedic Surgery · Baltimore, MDNPI 1205929213
Payments from drug & device makers
What this record shows
The money is spread across several categories — royalties or licence payments (37.8%), consulting fees and speaking fees — rather than concentrated in one kind of arrangement. Globus Medical accounts for 98.2% of it on its own, with 5 other manufacturers making up the rest. Among orthopaedic surgery clinicians in MD with any reported payments, this total sits in the top 10% — high for the specialty, which is a reason to read the composition above rather than the number alone.
Across 104 payments — averaging $1279.65 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.
- Globus Medical$131K
- Arthrex$1K
- Axogen$963
- Baxter Healthcare$63
- Johnson & Johnson$42
- Integra Lifesciences Corporation$27
What the payments were for
- Royalty or licence$50,27938%
- Consulting fees$44,72534%
- Speaking & faculty fees$27,55021%
- Travel & lodging$8,1866%
- Food & beverage$1,0081%
- Education$1,3361%
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 |
|---|---|---|
| Globus Medical | 93 | $130,624 |
| Arthrex | 3 | $1,364 |
| Axogen | 4 | $963 |
| Baxter Healthcare | 2 | $63 |
| Johnson & Johnson | 1 | $42 |
| Integra Lifesciences Corporation | 1 | $27 |
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.
- Distal Radius Plate$36,220
- Anthem$23,270
- Small Frag Plate$16,150
- Autobahn$14,430
- Mini Fragment System$13,356
- Ankle Fracture System$7,822
- TLIF$7,215
- Distal Radius$5,700
- Clavical Fixation (16-186)$4,677
- Clavicular Fracture Fixation$1,133
- AVANCE NERVE GRAFT$418
- AxoGuard Nerve Protector$126
- AxoGuard Nerve Connector$126
How this compares
$133,084 in reported general payments places this provider in the 90th percentile of 378 orthopaedic surgery providers in Maryland.
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 Baltimore
- Mark MyersonBaltimore$10.5M
- Anand MurthiBaltimore$3.7M
- Khaled KebaishBaltimore$3M
- Shawn StandardBaltimore$1.4M
- Paul SponsellerBaltimore$958K
- John HerzenbergBaltimore$746K
- Leslie MatthewsBaltimore$710K
- Rebecca CerratoBaltimore$575K
- Henry BoucherBaltimore$315K
- James WoodBaltimore$266K
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.