Has Richard Davis, MD received payments from drug or device companies?

Yes. Drug and device makers reported $1,148,938 in general payments to Richard Davis, MD across 151 transactions between 2019–2025. Most Open Payments records nationally are meals worth under $20; a reported payment is not evidence of wrongdoing.

Does a payment mean Richard Davis, MD did something wrong?

No. Federal law requires drug and device makers to report almost every transfer of value to a physician, including a $14 sandwich at a lunch presentation. Consulting fees, research funding and royalties to device inventors are ordinary, legal parts of medicine. This site reports what was disclosed; it makes no allegation.

Where does this information about Richard Davis, MD come from?

The U.S. Centers for Medicare & Medicaid Services. Payments come from Open Payments, published under the Physician Payments Sunshine Act. Billing and prescribing figures come from the Medicare Physician & Other Practitioners and Part D Prescriber public use files for 2024.

Richard Davis, MD

Orthopaedic Surgery · Waconia, MNNPI 1417044538

Payments from drug & device makers

What this record shows

The money is spread across several categories — royalties or licence payments (58.5%), consulting fees and travel and lodging — rather than concentrated in one kind of arrangement. 12 manufacturers reported payments, led by Solco Biomedical Co., Ltd. at 29.4% of the total. Reporting peaked in 2019 at $265,259 and has fallen 59.2% since, to $108,348 in 2025. Among orthopaedic surgery clinicians in MN 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.

$1,148,938in general payments, 2019–2025

Across 151 payments — averaging $7608.86 each. Meals, travel, consulting and speaking fees, gifts and royalties reported by drug and device makers.

Solco Biomedical Co., Ltd.$338K
Zimmer Biomet$300K
Stryker$188K
Orthofix Medical, Inc.$182K
Solco Biomedical Corporation$91K
Seaspine Orthopedics Corporation$42K
plus $8K from 6 others

$69,474in ownership & investment interests, 2019–2025

Across 6 payments — averaging $11,579 each. An ownership or investment interest held by the physician or an immediate family member.

Responsive Arthroscopy Inc$69K

What the payments were for

Royalty or licence$671,82458%
Consulting fees$419,40037%
Travel & lodging$54,8445%
Food & beverage$2,8700%

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
Solco Biomedical Co., Ltd.	4	$338,000
Zimmer Biomet	14	$299,564
Stryker	8	$188,038
Orthofix Medical, Inc.	31	$182,435
Solco Biomedical Corporation	10	$90,631
Seaspine Orthopedics Corporation	46	$42,001
Integrity Implants Inc.	17	$3,192
Globus Medical	12	$2,724
Alphatec Spine, Inc	5	$1,551
Life Spine, Inc.	1	$500
Spinal Elements, Inc.	2	$283
Carlsmed, Inc.	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.

4CIS CHIRON SPINAL FIXATION SYSTEM$374,586
4CIS PINEHURST ANTERIOR CERVICAL PLATE SYSTEM$320,986
Virage$299,564
AVIATOR$187,788
4CIS AUGUSTA PEEK ALIF CAGE$185,147
4CIS PEEK PLIF Cage$135,147
4CIS Torrey Pines PEEK TLIF Cage$135,147
Meridian$107,419
4CIS MARLIN ACIF CAGE SYSTEM$93,703
4CIS PEEK PLIF CAGE SYSTEM$93,703
Physio-Stim$77,303
4CIS Marlin PEEK ACIF Cage$53,600
Augusta PEEK ALIF Cage$3,600
Vu aPOD Prime NanoMetalene$3,044
4CIS VANE SPINE SYSTEM$3,000
ExcelsiusGPS Robotic Navigation System$2,451
Mariner$2,000
Other - Miscellaneous$1,413
7D Surgical System$1,375
Periscope$1,240

How this compares

$1,148,938 in reported general payments places this provider in the 95th percentile of 533 orthopaedic surgery providers in Minnesota.

See all orthopaedic surgery providers in Minnesota →

Medicare billing

Part B allowed, 2024

$160,584

Medicare patients

146

Services billed

592

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
Oxycodone-AcetaminophenOxycodone Hcl/Acetaminophen	14	$219
Gabapentin	29	$205
Fluoxetine Hcl	12	$38

Paid to pharmacies, not to this prescriber.

Other orthopaedic surgery in Waconia

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
Joseph NesslerSartell$8.6M
David LewallenRochester$8M
Rafael SierraRochester$4.9M
Mark DahlOak Park Heights$4M

See the full list for Minnesota →

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.

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