ARGON MEDICAL DEVICES, INC.
ARGON MEDICAL DEVICES, INC. reported $147.3K in payments to physicians and teaching hospitals across 1,133 transactions in CMS Open Payments PY 2024.
Pharmaceutical payment transparency data for ARGON MEDICAL DEVICES, INC.. Ranked #1015 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.
Payment Overview
Total Payments
$147.3K
0.0% of all payments
Transactions
1,133
$130.00 avg
Recipients
1,133
$130.00 avg
Industry Rank
#1015
of 1,797 companies
What the Data Shows for ARGON MEDICAL DEVICES, INC.
In Program Year 2024, ARGON MEDICAL DEVICES, INC. reported $147,295.23 in payments to 1,133 physicians and teaching hospitals across 1,133 individual transactions — an average of $130.00 per transaction and $130.00 per recipient. That total places ARGON MEDICAL DEVICES, INC. at rank #1015 out of 1,797 companies in the CMS Open Payments database, representing 0.0% of all industry payments reported nationwide for the year. Payment volume at this scale is characteristic of manufacturers with broad prescriber engagement, active clinical research programs, or patented therapies generating ongoing royalty obligations.
The payment mix for ARGON MEDICAL DEVICES, INC. spans 2 distinct categories defined by CMS — including general payments (consulting, speaker fees, meals, travel), research payments tied to clinical trials, and ownership or investment interests. The largest single category is "Consulting Fee" at $93.8K, accounting for 63.7% of the company's reported total and 89 transactions. This distribution matters because different payment types carry different regulatory and ethical implications: research funding supports clinical development, while general payments like meals and speaker fees have been studied for their correlation with prescribing patterns in peer-reviewed journals such as JAMA Internal Medicine.
Recipient concentration is another useful lens. The top 5 recipients of payments from ARGON MEDICAL DEVICES, INC. received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 1,133 recipients. A relatively distributed top-5 share suggests broader engagement across the prescriber community rather than concentration among a handful of high-value relationships. All figures above are drawn directly from the CMS Open Payments Public Use Files for PY2024 and are disclosed under the Physician Payments Sunshine Act; this page summarizes reported financial transfers and does not represent medical advice or judgment about individual prescribing decisions.
Payment Breakdown by Type
ARGON MEDICAL DEVICES, INC. made 2 types of payments. "Consulting Fee" accounts for 63.7%.
63.7% · 89 transactions
36.3% · 1,044 transactions
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Consulting Fee | $93.8K | 89 | 63.7% |
| Food and Beverage | $53.5K | 1,044 | 36.3% |
Payment Size Analysis
Average transaction size: $130.00. Average per recipient: $130.00.
Total Amount
$147,295.23
Avg per Transaction
$130.00
Avg per Recipient
$130.00
Payment Transparency Context
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)
$13.3B
across 1,797 companies
ARGON MEDICAL DEVICES, INC. Share
0.0%
#1015 by total payments
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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: $13.3B across 1,797 companies.
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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.
