PlainPharmaWatch

CMS Open Payments · Program Year 2024

Abbott Laboratories

Abbott Laboratories reported $91,733,934.41 in payments to 292,558 physicians and teaching hospitals across 302,960 transactions.

See the rankings → How this is sourced
$91.7M
Total payments
302,960
Transactions
292,558
Recipients
−$4.1M
General Payments vs PY2023

Abbott Laboratories reported $91,733,934.41 in payments to 292,558 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #30 of 1,925 reporting manufacturers (0.7% of all US industry payments), averaging $313.56 per recipient across 11 payment categories. Figures are company-reported under the Physician Payments Sunshine Act; a reported payment is a financial relationship, not evidence of wrongdoing.

Data currency: Figures are rendered from the processed CMS Open Payments release. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.

Compiled from official public sources by the editorial team.

The verdict

Abbott Laboratories pairs top-5% payment volume with an unusually diversified payment pattern across a wide recipient base.

#30
of 1,925 companies
0.7%
of all US industry payments
0.0%
paid to its single top recipient
11
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

Abbott Laboratories's CMS-reported General Payments decreased by $4.1M (−9.6%) from PY2023 to PY2024. The comparison uses the same CMS manufacturer-by-payment-category summary for both years and excludes research and ownership or investment records.

CMS source labels for this exact identifier: PY2022: ABBOTT LABORATORIESPY2023: ABBOTT LABORATORIESPY2024: Abbott Laboratories. Matching identifiers support a bounded record comparison; a label difference would be reported as unresolved rather than treated as a corporate event.

Subscribe to this company's source-bounded update feed It publishes only identifier-matched CMS release comparisons, never inferred company events.

General Payments: PY2023 vs PY2024

Annual CMS-reported totals for this company, not an all-category Open Payments total

PY2023$42.4MPY2024$38.3M
PY2023
$42,380,026.02
PY2024
$38,295,144.91

How Abbott Laboratories ranks nationally

Where this company's total reported payments fall within the full national distribution of all 1,925 companies in CMS Open Payments, not just its nearest peers.

Abbott Laboratories's total vs. every reporting company

CMS Open Payments, Program Year 2024

$91,733,934 Top 2% higher than 98% of 1,925 reporting companies

$9–$28: 3 reporting companies (0%). Below this entry. $28–$87: 10 reporting companies (1%). Below this entry. $87–$270: 20 reporting companies (1%). Below this entry. $270–$838: 41 reporting companies (2%). Below this entry. $838–$2,603: 76 reporting companies (4%). Below this entry. $2,603–$8,084: 114 reporting companies (6%). Below this entry. $8,084–$25,112: 167 reporting companies (9%). Below this entry. $25,112–$78,003: 249 reporting companies (13%). Below this entry. $78,003–$242,294: 295 reporting companies (15%). Below this entry. $242,294–$752,621: 270 reporting companies (14%). Below this entry. $752,621–$2,337,813: 263 reporting companies (14%). Below this entry. $2,337,813–$7,261,783: 200 reporting companies (10%). Below this entry. $7,261,783–$22,556,757: 133 reporting companies (7%). Below this entry. $22,556,757–$70,066,439: 45 reporting companies (2%). Below this entry. $70,066,439–$217,642,369: 26 reporting companies (1%). This entry sits in this band. $217,642,369–$676,046,922: 13 reporting companies (1%). Above this entry. This company $9 $676,046,922 every reporting company, bucketed by value

Each bar is a progressively wider band; taller bars hold more reporting companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source CMS Open Payments · 2024

What the Data Shows for Abbott Laboratories

Averaging $302.79 per transaction and $313.56 per recipient, Abbott Laboratories's Program Year 2024 total comes to $91,733,934.41 across 302,960 transactions and 292,558 physicians and teaching hospitals. In the CMS Open Payments database that is good for rank #30 of 1,925 companies, representing 0.7% of all industry payments reported nationwide for the year.

The 11-category breakdown below covers general payments only (see our methodology for how research and ownership payments are reported separately). The largest general-payment category is "Consulting Fee" at $10.3M, accounting for 11.3% of the company's reported total and 5,163 transactions.

General Payment Breakdown by Type

"Consulting Fee" leads Abbott Laboratories's 11-category general-payment breakdown at $10.3M, 11.3% of the reported total.

How Abbott Laboratories divides its payments

Top payment categories by total reported dollar volume

1. Consulting Fee$10.3M2. Food and Beverage$10.2M3. Travel and Lodging$6.7M4. Compensation for Services…$4.8M5. Grant$2.7M6. Education$1.1M7. Space Rental or Facility …$958.2K8. Royalty or License$941.3K9. Long-Term Medical Supply …$450.7K10. Charitable Contribution$123.8K
Payment Type Amount Transactions
Consulting Fee $10.3M 5,163
Food and Beverage $10.2M 257,401
Travel and Lodging $6.7M 25,026
Compensation for Services Other Than Consulting $4.8M 2,594
Grant $2.7M 450
Education $1.1M 1,111
Space Rental or Facility Fees $958.2K 252
Royalty or License $941.3K 10
Long-Term Medical Supply or Device Loan $450.7K 533
Charitable Contribution $123.8K 9
Debt Forgiveness $18.0K 9

Recipient Concentration in General Payments

The five largest recipient relationships account for $2,907,907.85 (7.6%) of $38,295,144.91 in this company's General Payments records across 74,531 recipients. This is a CMS Open Payments Program Year 2024 General Payments view only: it excludes research and ownership/investment records, so it is not the all-category company total above.

Largest General-Payment relationships for Abbott Laboratories

The five named recipients with the highest reported General Payments from this company

Washington Hospital Center$1.3MClaudio Feler$644.2KRobert J Alpern$395.3KMontefiore Medical Center$342.2KSt. Francis Hospital$266.6K
  1. 1

    Washington Hospital Center

    $1,259,500.00 across 22 reported transactions

  2. 2

    Claudio Feler

    $644,233.92 across 4 reported transactions

  3. 3

    Robert J Alpern

    $395,334.10 across 15 reported transactions

  4. 4

    Montefiore Medical Center

    $342,239.83 across 18 reported transactions

  5. 5

    St. Francis Hospital

    $266,600.00 across 6 reported transactions

Compare this company's payment profile with similarly sized manufacturers in the company comparison tool, and consult the methodology for the CMS source scope.

Payment Size Analysis

Average transaction size: $302.79. Average per recipient: $313.56.

Total Amount

$91,733,934.41

Avg per Transaction

$302.79

Avg per Recipient

$313.56

Payment Transparency Context

What is the Sunshine Act?

The Physician Payments Sunshine Act (part of the Affordable Care Act) requires pharmaceutical and medical device manufacturers to report payments and transfers of value to physicians and teaching hospitals. These payments can include consulting fees, research grants, speaker fees, food and beverages, travel, royalties, and other forms of compensation.

Industry Total (2024)

$13.9B

across 1,925 companies

Abbott Laboratories Share

0.7%

#30 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to Abbott Laboratories

Edwards Lifesciences Corporation

$93.0M 70,149 recipients

Celgene Corporation

$88.9M 60,850 recipients

Zimmer Biomet Holdings, Inc.

$88.6M 33,496 recipients

CSL Behring

$88.2M 27,644 recipients

Genzyme Corporation

$97.0M 182,526 recipients

Incyte Corporation

$84.4M 77,737 recipients

Frequently Asked Questions

How much did Abbott Laboratories pay to physicians and hospitals in 2024? ▾
In Program Year 2024, CMS Open Payments recorded $91,733,934.41 from Abbott Laboratories to physicians and hospitals across 302,960 transactions - 0.7% of all industry payments reported that year.
How many physicians received payments from Abbott Laboratories? ▾
Abbott Laboratories made payments to 292,558 physicians and teaching hospitals in 2024. The average payment per recipient was $313.56.
What types of payments did Abbott Laboratories make? ▾
General payments from Abbott Laboratories span 11 distinct categories, covering things like consulting, meals, and travel. The largest general-payment category was "Consulting Fee" at $10.3M, representing 11.3% of the company's reported total.
How does Abbott Laboratories rank among pharmaceutical companies? ▾
By total payment amount, Abbott Laboratories sits at #30 of 1,925 companies in the CMS Open Payments database for 2024.
What is the average payment size from Abbott Laboratories? ▾
The average transaction from Abbott Laboratories was $302.79 in 2024. The company made 302,960 total transactions to 292,558 recipients.
Where does the payment data for Abbott Laboratories come from? ▾
This data comes from the CMS Open Payments program (Sunshine Act), which requires pharmaceutical and medical device companies to report payments and transfers of value to physicians and teaching hospitals. The data covers Program Year 2024.

Data Source: Centers for Medicare & Medicaid Services (CMS) Open Payments, Program Year 2024. Data includes general payments, research payments, and physician ownership/investment interests as required by the Physician Payments Sunshine Act. Total industry payments: $13.9B across 1,925 companies.

Data sourced from CMS Open Payments (Physician Payments Sunshine Act). See our methodology for details. Retrieved and formatted by PlainPharmaWatch Editorial
Disclaimer

This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.

Read our methodology - how this data is sourced, computed, and verified.

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Every figure on PlainPharmaWatch is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-25.