CMS Open Payments · Program Year 2024
Abbvie Inc.
Abbvie Inc. reported $607,840,432.38 across General Payments, Research, and Ownership to 1,721,235 physicians and teaching hospitals across 1,766,164 transactions.
- $607.8M
- All-tracks total
- 1,766,164
- Transactions
- 1,721,235
- Recipients
- −$30.7M
- General Payments vs PY2023
Abbvie Inc. reported $607,840,432.38 across all CMS Open Payments tracks (General + Research + Ownership) to 1,721,235 physicians and teaching hospitals in Program Year 2024 - ranking #5 of 1,925 reporting manufacturers (4.4% of the all-tracks industry total); General Payments alone were $156,729,107.39, averaging $353.14 per recipient.
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.
CMS Sunshine Act warrant
Manufacturer abbvie-inc Abbvie Inc.
$607.8M · #5/1,925 · 4.4% industry · PY2024
- TOT $607.8M
- RANK #5
- SHARE 4.4%
- TXN 1,766,164
- RCP 1,721,235
- CAT 11
- GEN $156.7M
- ΔGEN −$30.7M
- TOP1 4.7%
- PY 2024
Volume peers
Nearest volume peer: Eli Lilly and Company ($652.4M)
Abbvie Inc. sits among 1,925 manufacturers disclosing under the Physician Payments Sunshine Act. Volume peers below are nearest by all-tracks total, not corporate affiliates. Open the company rankings →
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.
How this year-over-year comparison is scoped
The comparison uses consecutive CMS program years only (current = prior + 1) from the manufacturer General Payments summary and excludes research and ownership or investment records. Non-consecutive year pairs are not shown as year-over-year change. This General Payments figure is not the all-tracks company total in the hero.
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.
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
- $187,442,970.89
- PY2024
- $156,729,107.39
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, 44.2% of this company's General Payments (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, 44.2% of the reported total.
Abbvie Inc. reports 11 general-payment categories - the top three are Compensation for Services Other Than Consulting (44.2%), Food and Beverage (22.3%), and Consulting Fee (10.3%). The remaining 8 categories make up 23.1% of this company's reported general-payment total. That multi-category mix is the kind of profile single-category reporters cannot show.
Category breadth matters here: Abbvie Inc. files across 11 named CMS general-payment types in Program Year 2024, versus manufacturers that report a single dominant category. The chart and table below enumerate every type with an amount above zero for this company.
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 | 44.2% |
| Food and Beverage | $35.0M | 1,647,191 | 22.3% |
| Consulting Fee | $16.2M | 6,035 | 10.3% |
| Royalty or License | $14.6M | 8 | 9.3% |
| Travel and Lodging | $9.3M | 28,351 | 5.9% |
| Grant | $5.6M | 630 | 3.6% |
| Acquisitions | $5.1M | 18 | 3.3% |
| Education | $999.0K | 5,804 | 0.6% |
| Space Rental or Facility Fees | $595.2K | 233 | 0.4% |
| 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.
General Payments scope note
Program Year 2024 General Payments view only: 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.
Similarly Concentrated Companies
Companies whose General Payments are spread across recipients about as (un)evenly as Abbvie Inc.'s, measured by the same HHI concentration index above, not by payment size.
What HHI 2,500 means here
2,500 is the DOJ/FTC merger-guidelines threshold for "highly concentrated" markets; used here only as a familiar concentration reference, not a legal finding about Abbvie Inc..
Companies with Similar Payment Volumes
Open a profile or compare a similar company's CMS-reported payment pattern with Abbvie Inc..
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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 2026-07-26.