CMS Open Payments · Program Year 2024
Biotronik Inc.
Biotronik Inc. reported $4,534,235.77 in payments to 10,399 physicians and teaching hospitals across 15,086 transactions.
- $4.5M
- Total payments
- 15,086
- Transactions
- 10,399
- Recipients
- −$589.3K
- General Payments vs PY2023
Biotronik Inc. reported $4,534,235.77 in payments to 10,399 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #289 of 1,925 reporting manufacturers (0.0% of all US industry payments), averaging $436.03 per recipient across 9 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
Biotronik Inc. pairs top-quartile payment volume with an unusually diversified payment pattern across a wide recipient base.
- #289
- of 1,925 companies
- 0.0%
- of all US industry payments
- 0.1%
- paid to its single top recipient
- 9
- payment categories
Release-over-release change
General Payments changed from PY2023 to PY2024
Biotronik Inc.'s CMS-reported General Payments decreased by $589.3K (−19.4%) 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: BIOTRONIK INC.PY2023: BIOTRONIK INC.PY2024: BIOTRONIK 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
- $3,031,079.68
- PY2024
- $2,441,764.53
How Biotronik 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.
Biotronik Inc.'s total vs. every reporting company
CMS Open Payments, Program Year 2024
$4,534,236 Top 15% higher than 85% 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 Biotronik Inc.
Averaging $300.56 per transaction and $436.03 per recipient, Biotronik Inc.'s Program Year 2024 total comes to $4,534,235.77 across 15,086 transactions and 10,399 physicians and teaching hospitals. In the CMS Open Payments database that is good for rank #289 of 1,925 companies, a comparatively small 0.0% slice of all industry payments reported nationwide for the year.
The 9-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 "Debt Forgiveness" at $898.4K, accounting for 19.8% of the company's reported total and 272 transactions.
General Payment Breakdown by Type
Biotronik Inc. made 9 types of general payments. "Debt Forgiveness" is the largest category at $898.4K, 19.8% of the company's reported total.
How Biotronik Inc. divides its payments
Top payment categories by total reported dollar volume
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Debt Forgiveness | $898.4K | 272 | 19.8% |
| Food and Beverage | $481.2K | 8,924 | 10.6% |
| Travel and Lodging | $424.1K | 823 | 9.4% |
| Compensation for Faculty or Speaker (Medical Education) | $231.1K | 87 | 5.1% |
| Consulting Fee | $203.9K | 88 | 4.5% |
| Grant | $143.0K | 15 | 3.2% |
| Space Rental or Facility Fees | $49.5K | 10 | 1.1% |
| Education | $7.5K | 179 | 0.2% |
| Charitable Contribution | $3.0K | 1 | 0.1% |
Recipient Concentration in General Payments
The five largest recipient relationships account for $380,725.14 (15.6%) of $2,441,764.53 in this company's General Payments records across 2,902 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 Biotronik Inc.
The five named recipients with the highest reported General Payments from this company
- 1
Bayonne Medical Center
$147,601.05 across 24 reported transactions
- 2
Ron Waksman
$118,497.87 across 10 reported transactions
- 3
Scripps Green Hospital
$40,921.07 across 17 reported transactions
- 4
Gaurav Upadhyay
$38,705.15 across 7 reported transactions
- 5
Washington Hospital Center
$35,000.00 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: $300.56. Average per recipient: $436.03.
Total Amount
$4,534,235.77
Avg per Transaction
$300.56
Avg per Recipient
$436.03
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
Biotronik Inc. Share
0.0%
#289 by total payments
Companies with Similar Payment Volumes
Pharmaceutical companies with payment totals similar to Biotronik 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.