Medicare Enrolled

Dr. Richard Teed, M.D.

Surgery · Fort Myers, FL
Practice pattern: Clinical Cardiology— Primarily office-based clinical cardiology
Low-engagement
12700 CREEKSIDE LN STE 301, Fort Myers, FL 33919
2393433780
In practice since 2007 (18 years)
NPI: 1396944831 verify on NPPES ↗
Very High
DATA COVERAGE
Data in 4 of 4 federal sources
Measures public federal data availability — not provider quality
Informational, not a quality rating. This page presents federal public records about Dr. Teed from CMS (NPPES, Open Payments, Medicare Provider Utilization, PECOS). It is not medical advice, an endorsement, or a judgment of clinical quality. Always consult the provider directly and a licensed clinician for medical decisions. Read methodology →
Are you Dr. Teed? Request a correction or review of any data shown here. Provider portal →

What this data tells you about Dr. Teed

Dr. Richard Teed is a surgery in Fort Myers, FL, with 18 years in practice. Based on federal Medicare data, Dr. Teed performed 1,015 Medicare services across 302 unique beneficiaries.

Between the years covered by Open Payments, Dr. Teed received a total of $4,359 from 15 pharmaceutical and/or device companies across 80 individual payments. These payments are legal, publicly disclosed under the federal Sunshine Act, and common in surgery. Most payments are for meals and travel — low-value interactions common across virtually all practicing physicians. Patients may wish to discuss these relationships with their provider.

The Data Coverage level for Dr. Teed is Very High — reflecting how much public federal data is available about this provider. This is not a quality rating. Patients are encouraged to use this data as one of several factors when choosing a healthcare provider.

✓ 18 years in practice▲ Top 10% volume in FL$ $4,359 industry payments

Medicare Practice Summary

Medicare Utilization ↗
1,015
Medicare services
Top 10% in FL for surgery
302
Unique beneficiaries
$24
Avg. Medicare payment
Medicare patients only (65+ / disabled) · Not a quality rating · How to read this →
~56 Medicare services per year of practice

Top procedures by volume

Ranked by number of services performed for Medicare patients. Avg. submitted charge is what the provider billed; avg. Medicare payment is what CMS paid.

ProcedureVolumeAvg. paidAvg. submitted
Contrast dye for imaging, lower concentration650$0$1
Office visit, established patient (20-29 min)77$65$136
Office visit, established patient (10-19 min)62$41$85
New patient office or other outpatient visit, 15-29 minutes36$42$110
New patient office visit (30-44 min)30$84$170
Use of a drug to induce depression of consciousness by physician performing a procedure, each additional 15 minutes29$9$16
Ultrasound of hemodialysis access28$95$195
Ultrasound study of arm or leg veins with compression and maneuvers22$136$280
New patient office visit (45-59 min)20$131$253
Ultrasonic guidance for blood vessel access17$29$58
Ultrasound study of one arm or leg veins with compression and maneuvers15$84$178
Use of a drug to induce depression of consciousness by physician performing a procedure (5 years or older), initial 15 minutes15$38$75
Initial hospital admission, moderate complexity14$96$205
How to read this data: This reflects Medicare patients only (typically 65+). Payment amounts are what Medicare paid the provider, not your out-of-pocket cost. A higher procedure volume generally indicates more experience with that procedure.

Industry Payment Transparency

Open Payments through 2024 ↗
$4,359
Total received (2018-2024)
Avg $623/year across 7 years
Top 43% in FL for surgery
15
Companies
80
Individual payments
All payments are legal and publicly reported · Not evidence of wrongdoing · How to interpret →

Payment profile

Industry payments classified by relationship type. Not all payments are equal — research and consulting reflect different relationships than speaking programs or meals.

Meals & Travel
Food, beverages, travel, and lodging — typically low-value
$3,532 (81.0%)
Speaking / Promotional
Speaker programs, honoraria, and industry-sponsored educational events
$827 (19.0%)

Payment trend by year

Annual totals from pharmaceutical and medical device companies.

2024
$140
2023
$279
2022
$459
2021
$585
2020
$117
2019
$492
2018
$2,287

Payments by company (2024)

Consulting
Speaking
Meals & Travel
Research
W. L. Gore & Associates, Inc.
$1,509
Silk Road Medical, Inc.
$1,019
Medtronic Vascular, Inc.
$514
Cardiovascular Systems Inc.
$283
Bard Peripheral Vascular, Inc.
$258
Medtronic, Inc.
$159
Janssen Pharmaceuticals, Inc
$140
Cook Medical LLC
$132
Philips Electronics North America Corporation
$93
Boston Scientific Corporation
$72
Artivion, Inc.
$52
Smith+Nephew, Inc.
$44
Endologix LLC
$36
Organogenesis Inc.
$32
Kerecis Limited
$16
Top 3 companies account for 69.8% of total payments
Associated products mentioned in payments ›
Alto Abdominal Stent Graft System · BIOGLUE SURGICAL ADHESIVE · COOK MEDICAL AAA · COOK MEDICAL ZILVER PTX · CROSSER · ENDURANT IIS · ENHANCE Transcarotid Peripheral Access Kit · ENROUTE .014 Guidewire · ENROUTE Transcarotid Neuroprotection System · EXCLUDER Iliac Branch Endoprosthesis · Endurant · GORE ACUSEAL Cardiovascular Patch Vascular · GORE ACUSEAL Vascular Graft · GORE PROPATEN Vascular Graft · GORE TAG Thoracic Endoprosthesis · GORE VIABAHN Endoprosthesis · GORE VIABAHN Endoprosthesis with Heparin · GORE VIABAHN VBX Balloon Expandable Endo · General - Vascular Intervention · HawkOne · IGT D Peripheral · Kerecis Omega3 SurgiClose · LIFESTREAM · LUTONIX · Lutonix Drug Coated Balloon · PICO · Peripheral Orbital Atherectomy System · Puraply · RENASYS GO v2 HOME · Rotarex · Suture · Trilogy 100 · VIABAHN Endoprosthesis · VIABAHN Endoprosthesis with Heparin Bioactive Surface · VIABAHN Endoprosthesis with PROPATEN Bioactive Surface · VIABAHN VBX Balloon Expandable Endoprosthesis · WALLSTENT · XARELTO · ZENITH
Should you be concerned? Payments from pharmaceutical and device companies are legal and common — 57% of U.S. physicians receive at least one. They often reflect legitimate consulting, research, or education. What matters is whether a recommended drug or device appears in your doctor's payment records. If so, consider asking your doctor about it. How to interpret this data →

Most payments (81%) are for meals and travel — low-value interactions that are common across virtually all practicing physicians.

Equivalent to $429 per 100 Medicare services performed
Looking for a surgery in Fort Myers?
Compare surgerys in the Fort Myers area by procedure volume, costs, and industry payment transparency.
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Geographic Context

Surgerys within 10 mi
87
Per 100K population
11.0
County median income
$73,099
Nearest hospital
LEE MEMORIAL HOSPITAL
4.8 mi

Data Sources

Provider Registry NPPESWeekly updates
Medicare Enrollment PECOSMonthly updates
Practice Data Medicare Util.Annual (CY lag)
Industry Payments Open PaymentsCY 2024
Disciplinary History— Not publicN/A

This provider has data in 4 of 4 available federal datasets, with a Data Coverage level of Very High. This measures how much public data is available about a provider — not how good they are. How we calculate this →

Summary

Dr. Teed is a clinical cardiology specialist, with above-average Medicare volume (top 10% in FL), and low-engagement industry engagement, with 18 years of practice experience.

This summary is auto-generated from federal data. It describes data availability and patterns — not clinical quality. Read our methodology →

Frequently Asked Questions

Is Dr. Teed experienced with contrast dye for imaging, lower concentration?
Based on Medicare claims data, Dr. Teed performed 650 contrast dye for imaging, lower concentration services. Research suggests that higher procedure volume is often associated with better outcomes, particularly for complex procedures. Note that Medicare data only captures patients aged 65 and older, so the total practice volume across all patients is likely higher.
Does Dr. Teed receive payments from pharmaceutical companies?
Yes. Dr. Teed received a total of $4,359 from 15 companies across 80 individual payments. These payments are legal, publicly disclosed under the federal Sunshine Act, and common among physicians — 57% of all U.S. physicians receive at least one industry payment. Patients may wish to ask their doctor about these relationships, especially if a recommended drug or device appears in the payment records.
How do Dr. Teed's costs compare to other surgerys in Fort Myers?
Dr. Teed's average Medicare payment per service is $24. Note that these figures represent what Medicare pays, not your out-of-pocket cost, which depends on your specific insurance plan and deductible. Procedure-level data above shows both what was submitted and what Medicare paid for each service type.
What does Data Coverage mean?
Data Coverage (currently Very High for Dr. Teed) measures how much public federal data is available about a provider. It is not a quality rating. A "Very High" or "High" level means the provider has data across multiple federal sources (NPPES, PECOS, Medicare Utilization, Open Payments), indicating a long track record of practice, Medicare participation, and industry disclosure. A "Low" or "Moderate" level may simply mean the provider is newer, does not see Medicare patients, or has not received any industry payments — none of which are inherently negative. Read our full methodology →
Is this data up to date?
Each data source has its own update cycle. Provider registry data (NPPES) is updated weekly. Medicare enrollment (PECOS) is updated monthly. Medicare practice data has a ~2 year lag — the most recent available is typically 2 years prior. Industry payment data (Open Payments) is published annually, usually in June, covering the prior calendar year. We display the data date prominently on each section so you always know how current it is. See our data freshness policy →
About this page

All data on this page is sourced verbatim from public federal records published by the U.S. Centers for Medicare & Medicaid Services (CMS): NPPES ↗, Open Payments ↗, Medicare Provider Utilization ↗, and PECOS. Publication is mandated by the Physician Payments Sunshine Act (§6002 ACA, 42 U.S.C. §1320a-7h) and the Freedom of Information Act.

This page is not medical advice, an endorsement, a recommendation, or a quality rating. The Transparency Score measures data completeness — how much federal information exists for this provider — not clinical performance, patient outcomes, or quality of care. Always verify information directly with the provider and consult a licensed clinician before making medical decisions.

Provider corrections: Provider portal · Privacy questions: Privacy Policy · Terms: Terms of Use · Methodology: Methodology

Data Disclaimer — Data sourced from the Centers for Medicare & Medicaid Services (CMS): National Plan and Provider Enumeration System (NPPES), Open Payments program, Medicare Provider Utilization and Payment Data, and Provider Enrollment & Certification data (PECOS). Published under the Freedom of Information Act (FOIA). This website is not affiliated with, endorsed by, or authorized by CMS, HHS, or the U.S. Government. Data may contain errors as reported to CMS by providers and reporting entities. Payments from industry are legal and do not indicate wrongdoing. Medicare data reflects only patients aged 65+ or those with qualifying disabilities. For corrections, contact CMS directly. This information does not constitute medical advice and should not be used as the sole basis for choosing a healthcare provider. Procedure descriptions use plain language and do not reference CPT® codes, which are copyrighted by the American Medical Association. Full methodology → · Report a data error → · Privacy policy →