Medicare Enrolled

Dr. Madhav Karunakar, MD

Orthopedic Surgery · Charlotte, NC
Practice pattern: Clinical Cardiology — Primarily office-based clinical cardiology
1350 S KINGS DR, Charlotte, NC 28207
7044461340
Registered in NPPES since 2006
NPI: 1801982616 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. Karunakar 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 →
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What this data tells you about Dr. Karunakar

Dr. Madhav Karunakar is an orthopedic surgery specialist in Charlotte, NC, with 19 years of NPI registration. Based on federal Medicare data, Dr. Karunakar performed 44 Medicare services in 2023. These records do not provide a deduplicated patient total.

Between the years covered by Open Payments, Dr. Karunakar received a total of $43,073 from 18 pharmaceutical and/or device companies across 99 payment records. A record can group multiple payments. These transfers are publicly reported through CMS Open Payments. Disclosure alone does not establish their effect on care. A reliable breakdown by payment category is not available in this snapshot. Patients may wish to discuss these relationships with their provider.

The Data Coverage level for Dr. Karunakar is Very High — reflecting how much public federal data is available about this provider. Patients are encouraged to use this data as one of several factors when choosing a healthcare provider.

✓ 19 years of NPI registration ▲ 44 Medicare services $43,073 industry payments

Medicare Practice Summary — 2023

Medicare Utilization ↗
44
Medicare services
Bottom 5% in NC for orthopedic surgery
Lower Medicare volume may reflect subspecialty focus, hospital-based work, or a higher share of non-Medicare patients.
Not available
Unique patients (not deduplicated)
$350
Avg. Medicare payment
Medicare patients only (65+ / disabled) · How to read this →

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.

Procedure Volume Avg. paid Avg. submitted
Office visit, established patient (20-29 min)
An office visit for an existing patient lasting between 20 and 29 minutes. The visit involves medical evaluation and management of the patient's condition.
 29 $48 $220
Surgical repair of broken thigh bone with implant
A surgical procedure to fix a fractured femur by using a bone implant to stabilize the broken bone.
 15 $935 $4,750
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. These counts do not measure clinical quality or years of experience.

Industry Payment Transparency

Open Payments through 2024 ↗
$43,073
Total received (2018-2024)
Avg $6,153/year across 7 years
Top 12% in NC for orthopedic surgery
A higher payment rank reflects disclosed industry relationships (consulting, research, speaking) common among subspecialists — not wrongdoing.
18
Companies
99
Payment records
Payments are publicly reported; disclosure does not establish legality · Not evidence of wrongdoing · How to interpret →

Payment categories are unavailable while the source breakdown is being rebuilt. Company and year totals do not identify how much belongs to each category.

Payment trend by year

Annual totals from pharmaceutical and medical device companies.

2024
$3,736
2023
$8,228
2022
$6,835
2021
$3,565
2020
$1,000
2019
$15,181
2018
$4,529

Payments by company (2024)

Synthes GmbH
$2,481
Stryker Corporation
$203
OsteoCentric Technologies, Inc.
$169
Integra LifeSciences Corporation
$168
Zimmer Biomet Holdings, Inc.
$148
Kerecis Limited
$145
restor3d, inc.
$141
Trimed, Inc.
$133
MY01 Inc.
$85
ACUMED LLC
$63
Top 3 companies account for 76.4% of 2024 payments
All-time payments by company (2018-2024) ›
Synthes GmbH
$29,801
OsteoCentric Technologies, Inc.
$9,638
Stryker Corporation
$628
Smith+Nephew, Inc.
$534
OrthoXel Designated Activity Company
$500
Zimmer Biomet Holdings, Inc.
$261
DePuy Synthes Sales Inc.
$251
Medartis Inc.
$204
ACUMED LLC
$197
Integra LifeSciences Corporation
$193
Peerless Surgical Inc.
$147
Kerecis Limited
$145
restor3d, inc.
$141
Trimed, Inc.
$133
Ethicon US, LLC
$117
MY01 Inc.
$85
TriMed, Inc.
$82
Medical Device Business Services, Inc.
$16
Top 3 companies account for 93.0% of all-time payments
Associated products mentioned in payments ›
ACUMED · APEX NAILING SYSTEM · APTUS · AXSOS · Acu-Loc Wrist Plating System · EVOS · GAMMA · HOFFMANN · Integra · Kerecis Omega3 SurgiClose · META TAN · MY01 Continuous Compartmental Pressure Monitor · NA · OsteoCentric 4.0 x 130mm LOCKING BONE SCREW FASTENER ST · STRATAFIX · T2 · T2 ALPHA · TANDEM · TRIGEN InterTAN · Tools - AFS · Unifi Technology · VARIAX · mymobility Platform
Should you be concerned? Industry payments are disclosed through CMS Open Payments. Disclosure alone does not establish their purpose, legality, or effect on care. 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 →
Looking for an orthopedic surgery specialist in Charlotte?
Compare orthopedic surgeons in the Charlotte area by procedure volume, costs, and industry payment transparency.
Browse orthopedic surgeons nearby

Geographic Context

Orthopedic surgeons in nearby ZIP areas
202
County median income
$83,765
Nearest hospital to ZIP centroid (approximate)
CAROLINAS MEDICAL CENTER/BEHAV HEALTH
2.1 mi

Data Sources

Provider Registry ✓ NPPES NPPES snapshot; verify current record
Medicare Enrollment ✓ PECOS PECOS snapshot
Practice Data ✓ Medicare Util. Annual (CY lag)
Industry Payments ✓ Open Payments CY 2024
Disciplinary History — Not included N/A

This provider has data in 4 of 4 available federal datasets, with a Data Coverage level of Very High. This reflects how much public data is available about a provider. How we calculate this →

Summary

Dr. Karunakar is a clinical cardiology specialist, with moderate Medicare volume, with 19 years of NPI registration.

This summary is auto-generated from federal data, describing data availability and patterns. Read our methodology →

Frequently Asked Questions

Is Dr. Karunakar experienced with office visit, established patient (20-29 min)?
Based on Medicare claims data, Dr. Karunakar performed 29 office visit, established patient (20-29 min) services. These records cover Medicare fee-for-service activity, including eligible younger beneficiaries; they do not measure total practice volume or clinical quality.
Does Dr. Karunakar receive payments from pharmaceutical companies?
Yes. Dr. Karunakar received a total of $43,073 from 18 companies across 99 payment records. A record can group multiple payments. These transfers are publicly disclosed through CMS Open Payments. Disclosure alone does not establish their legality or effect on care. 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. Karunakar's costs compare to other orthopedic surgeons in Charlotte?
Dr. Karunakar's average Medicare payment per service is $350. 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. Karunakar) 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 the presence of registry, enrollment, activity or payment records, not verified experience or clinical quality. 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?
Source publication dates and the snapshots loaded on this site can differ. Rebuilding a page does not refresh its source records. Check the Medicare reporting year and the payment interval shown above; consult the linked official sources for newer releases and current registry details. See our data freshness policy →

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About this page

This page combines public CMS records with calculated summaries and explanatory procedure labels. These transformations are not verbatim federal records. Sources: 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. Data Coverage reflects 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. Industry payment disclosure alone establishes neither wrongdoing nor legality. 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 →