CMS Open Payments · Program Year 2024
Abbvie Inc.
Abbvie Inc. reported $607,840,432.38 in payments to 1,721,235 physicians and teaching hospitals across 1,766,164 transactions.
- $607.8M
- Total payments
- 1,766,164
- Transactions
- 1,721,235
- Recipients
- −$30.7M
- General Payments vs PY2023
Abbvie Inc. reported $607,840,432.38 in payments to 1,721,235 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #5 of 1,925 reporting manufacturers (4.4% of all US industry payments), averaging $353.14 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.
The verdict
Abbvie Inc. pairs top-1% payment volume with an unusually diversified payment pattern across a wide recipient base.
- #5
- of 1,925 companies
- 4.4%
- 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
Abbvie Inc.'s CMS-reported General Payments decreased by $30.7M (−16.4%) 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: ABBVIE INC.PY2023: ABBVIE INC.PY2024: ABBVIE INC.. Matching identifiers support a bounded record comparison; a label difference would be reported as unresolved rather than treated as a corporate event.
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General Payments: PY2023 vs PY2024
Annual CMS-reported totals for this company, not an all-category Open Payments total
- PY2023
- $187,442,970.89
- PY2024
- $156,729,107.39
How Abbvie Inc. 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.
Abbvie Inc.'s total vs. every reporting company
CMS Open Payments, Program Year 2024
$607,840,432 Top 1% higher than 99% of 1,925 reporting companies
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 Abbvie Inc.
Abbvie Inc. ranks #5 out of 1,925 companies in the CMS Open Payments database for Program Year 2024, a top-tier 4.4% share of all industry payments reported nationwide for the year. The underlying total is $607,840,432.38 across 1,766,164 transactions to 1,721,235 physicians and teaching hospitals - $344.16 per transaction and $353.14 per recipient on average.
Of the 11 general-payment categories charted below, "Compensation for Services Other Than Consulting" is the largest at $69.3M across 32,943 transactions, 11.4% of the company's reported total (see our methodology for how research and ownership payments are reported separately).
General Payment Breakdown by Type
"Compensation for Services Other Than Consulting" leads Abbvie Inc.'s 11-category general-payment breakdown at $69.3M, 11.4% of the reported total.
How Abbvie Inc. divides its payments
Ranked by total dollars reported per category
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Compensation for Services Other Than Consulting | $69.3M | 32,943 | 11.4% |
| Food and Beverage | $35.0M | 1,647,191 | 5.8% |
| Consulting Fee | $16.2M | 6,035 | 2.7% |
| Royalty or License | $14.6M | 8 | 2.4% |
| Travel and Lodging | $9.3M | 28,351 | 1.5% |
| Grant | $5.6M | 630 | 0.9% |
| Acquisitions | $5.1M | 18 | 0.8% |
| Education | $999.0K | 5,804 | 0.2% |
| Space Rental or Facility Fees | $595.2K | 233 | 0.1% |
| Charitable Contribution | $30.0K | 2 | 0.0% |
| Gift | $4.6K | 20 | 0.0% |
Recipient Concentration in General Payments
The five largest recipient relationships account for $21,828,716.05 (13.9%) of $156,729,107.39 in this company's General Payments records across 226,730 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 Abbvie Inc.
The five named recipients with the highest reported General Payments from this company
- 1
William Binder
$7,420,904.46 across 4 reported transactions
- 2
George Maxwell
$7,220,120.87 across 4 reported transactions
- 3
Helen Thackray
$3,968,074.84 across 2 reported transactions
- 4
Montefiore Medical Center
$2,134,720.80 across 303 reported transactions
- 5
Sam Khalifian
$1,084,895.08 across 374 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: $344.16. Average per recipient: $353.14.
Total Amount
$607,840,432.38
Avg per Transaction
$344.16
Avg per Recipient
$353.14
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
Abbvie Inc. Share
4.4%
#5 by total payments
Companies with Similar Payment Volumes
Pharmaceutical companies with payment totals similar to Abbvie Inc.
Frequently Asked Questions
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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.
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.
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.