PlainPharmaWatch

CMS Open Payments · Program Year 2024

Baylis Medical Technologies Inc.

Baylis Medical Technologies Inc. reported $71,687.27 in payments to 168 physicians and teaching hospitals across 168 transactions.

$71.7K
Total payments
168
Transactions
168
Recipients
+$57.6K
General Payments vs PY2023

Baylis Medical Technologies Inc. reported $71,687.27 in payments to 168 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #1266 of 1,925 reporting manufacturers (0.0% of all US industry payments), averaging $426.71 per recipient across 2 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

Baylis Medical Technologies Inc. pairs below-median payment volume with a moderately concentrated payment pattern.

#1266
of 1,925 companies
0.0%
of all US industry payments
0.4%
paid to its single top recipient
2
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

Baylis Medical Technologies Inc.'s CMS-reported General Payments increased by $57.6K (+407.9%) 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: BAYLIS MEDICAL TECHNOLOGIES INC.PY2023: BAYLIS MEDICAL TECHNOLOGIES INC.PY2024: Baylis Medical Technologies 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$14.1KPY2024$71.7K
PY2023
$14,114.17
PY2024
$71,687.27

How Baylis Medical Technologies 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.

Baylis Medical Technologies Inc.'s total vs. every reporting company

CMS Open Payments, Program Year 2024

$71,687 34th percentile higher than 34% 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%). This entry sits in this band. $78,003–$242,294: 295 reporting companies (15%). Above this entry. $242,294–$752,621: 270 reporting companies (14%). Above this entry. $752,621–$2,337,813: 263 reporting companies (14%). Above this entry. $2,337,813–$7,261,783: 200 reporting companies (10%). Above this entry. $7,261,783–$22,556,757: 133 reporting companies (7%). Above this entry. $22,556,757–$70,066,439: 45 reporting companies (2%). Above this entry. $70,066,439–$217,642,369: 26 reporting companies (1%). Above this entry. $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 Baylis Medical Technologies Inc.

Averaging $426.71 per transaction and $426.71 per recipient, Baylis Medical Technologies Inc.'s Program Year 2024 total comes to $71,687.27 across 168 transactions and 168 physicians and teaching hospitals. In the CMS Open Payments database that is good for rank #1266 of 1,925 companies, a comparatively small 0.0% slice of all industry payments reported nationwide for the year.

20 transactions worth $67.5K make "Consulting Fee" the top general-payment category in the 2-category breakdown below, 94.2% of the reported total (see our methodology for how research and ownership payments are reported separately).

General Payment Breakdown by Type

Across 2 types of general payments, Baylis Medical Technologies Inc.'s largest category was "Consulting Fee" at $67.5K - 94.2% of the company's reported total.

How Baylis Medical Technologies Inc. divides its payments

Ranked by total dollars reported per category

1. Consulting Fee$67.5K2. Food and Beverage$4.2K
Payment Type Amount Transactions
Consulting Fee $67.5K 20
Food and Beverage $4.2K 148

Recipient Concentration in General Payments

The five largest recipient relationships account for $63,841.40 (89.1%) of $71,687.27 in this company's General Payments records across 124 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 Baylis Medical Technologies Inc.

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

Timothy Clark$27.6KMarcelo Guimaraes$22.6KVenu Vadlamudi$8.8KMartin Radvany$2.5KJoseph Gemmete$2.4K
  1. 1

    Timothy Clark

    $27,550.00 across 1 reported transactions

  2. 2

    Marcelo Guimaraes

    $22,619.00 across 4 reported transactions

  3. 3

    Venu Vadlamudi

    $8,804.00 across 4 reported transactions

  4. 4

    Martin Radvany

    $2,468.40 across 5 reported transactions

  5. 5

    Joseph Gemmete

    $2,400.00 across 4 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: $426.71. Average per recipient: $426.71.

Total Amount

$71,687.27

Avg per Transaction

$426.71

Avg per Recipient

$426.71

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

Baylis Medical Technologies Inc. Share

0.0%

#1266 by total payments

Frequently Asked Questions

How much did Baylis Medical Technologies Inc. pay to physicians and hospitals in 2024?
0.0% of all industry payments reported to CMS Open Payments for 2024 came from Baylis Medical Technologies Inc., totaling $71,687.27 across 168 transactions to physicians and hospitals.
How many physicians received payments from Baylis Medical Technologies Inc.?
Averaging $426.71 per recipient, Baylis Medical Technologies Inc.'s 2024 payments reached 168 physicians and teaching hospitals.
What types of payments did Baylis Medical Technologies Inc. make?
2 categories of general payment make up Baylis Medical Technologies Inc.'s reported activity, including consulting, meals, travel, and similar types. The largest general-payment category was "Consulting Fee" at $67.5K, representing 94.2% of the company's reported total.
How does Baylis Medical Technologies Inc. rank among pharmaceutical companies?
Out of 1,925 companies in the CMS Open Payments database for 2024, Baylis Medical Technologies Inc. ranks #1266 by total payment amount.
What is the average payment size from Baylis Medical Technologies Inc.?
In 2024, Baylis Medical Technologies Inc. averaged $426.71 per transaction across 168 transactions to 168 recipients.
Where does the payment data for Baylis Medical Technologies Inc. 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.

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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.