PlainPharmaWatch
CMS PY 2024 Company profile Open Payments data

BIOVENTUS LLC

BIOVENTUS LLC reported $1.3M in payments to physicians and teaching hospitals across 11,472 transactions in CMS Open Payments PY 2024.

Pharmaceutical payment transparency data for BIOVENTUS LLC. Ranked #532 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.

Payment Overview

Total Payments

$1.3M

0.0% of all payments

Transactions

11,472

$109.33 avg

Recipients

11,456

$109.48 avg

Industry Rank

#532

of 1,797 companies

What the Data Shows for BIOVENTUS LLC

In Program Year 2024, BIOVENTUS LLC reported $1,254,196.73 in payments to 11,456 physicians and teaching hospitals across 11,472 individual transactions — an average of $109.33 per transaction and $109.48 per recipient. That total places BIOVENTUS LLC at rank #532 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 BIOVENTUS LLC spans 5 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 "Compensation for Services Other Than Consulting" at $469.1K, accounting for 37.4% of the company's reported total and 134 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 BIOVENTUS LLC received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 11,456 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

BIOVENTUS LLC made 5 types of payments. "Compensation for Services Other Than Consulting" accounts for 37.4%.

Compensation for Services Other Than Consulting $469.1K

37.4% · 134 transactions

Food and Beverage $378.0K

30.1% · 10,954 transactions

Consulting Fee $171.8K

13.7% · 106 transactions

Travel and Lodging $64.5K

5.1% · 251 transactions

Debt Forgiveness $12.2K

1.0% · 11 transactions

Payment Type Amount Transactions
Compensation for Services Other Than Consulting $469.1K 134
Food and Beverage $378.0K 10,954
Consulting Fee $171.8K 106
Travel and Lodging $64.5K 251
Debt Forgiveness $12.2K 11

Payment Size Analysis

Average transaction size: $109.33. Average per recipient: $109.48.

Total Amount

$1,254,196.73

Avg per Transaction

$109.33

Avg per Recipient

$109.48

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

BIOVENTUS LLC Share

0.0%

#532 by total payments

Frequently Asked Questions

How much did BIOVENTUS LLC pay to physicians and hospitals in 2024?
BIOVENTUS LLC made $1,254,196.73 in payments to physicians and hospitals in Program Year 2024, across 11,472 individual transactions. This represents 0.0% of all industry payments reported to CMS Open Payments.
How many physicians received payments from BIOVENTUS LLC?
BIOVENTUS LLC made payments to 11,456 physicians and teaching hospitals in 2024. The average payment per recipient was $109.48.
What types of payments did BIOVENTUS LLC make?
BIOVENTUS LLC made 5 different types of payments. The largest category was "Compensation for Services Other Than Consulting" at $469.1K, representing 37.4% of all payments.
How does BIOVENTUS LLC rank among pharmaceutical companies?
BIOVENTUS LLC ranks #532 out of 1,797 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from BIOVENTUS LLC?
The average transaction from BIOVENTUS LLC was $109.33 in 2024. The company made 11,472 total transactions to 11,456 recipients.
Are the top recipients concentrated for BIOVENTUS LLC?
The top 5 recipients received $0.00 from BIOVENTUS LLC, representing 0.0% of the company's total payments. Payments are relatively well-distributed across recipients.
Where does the payment data for BIOVENTUS LLC 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: $13.3B across 1,797 companies.

Related

Data sourced from official U.S. government datasets. 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.