PlainPharmaWatch
CMS PY 2024 Company profile Open Payments data

COCHLEAR LTD

COCHLEAR LTD reported $10.1K in payments to physicians and teaching hospitals across 6 transactions in CMS Open Payments PY 2024.

Pharmaceutical payment transparency data for COCHLEAR LTD. Ranked #1545 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.

Payment Overview

Total Payments

$10.1K

0.0% of all payments

Transactions

6

$1.7K avg

Recipients

6

$1.7K avg

Industry Rank

#1545

of 1,797 companies

What the Data Shows for COCHLEAR LTD

In Program Year 2024, COCHLEAR LTD reported $10,145.22 in payments to 6 physicians and teaching hospitals across 6 individual transactions — an average of $1.7K per transaction and $1.7K per recipient. That total places COCHLEAR LTD at rank #1545 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 COCHLEAR LTD spans 3 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 "Travel and Lodging" at $8.5K, accounting for 83.5% of the company's reported total and 3 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 COCHLEAR LTD received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 6 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

COCHLEAR LTD made 3 types of payments. "Travel and Lodging" accounts for 83.5%.

Travel and Lodging $8.5K

83.5% · 3 transactions

Consulting Fee $1.6K

15.8% · 2 transactions

Food and Beverage $76.94

0.8% · 1 transactions

Payment Type Amount Transactions
Travel and Lodging $8.5K 3
Consulting Fee $1.6K 2
Food and Beverage $76.94 1

Payment Size Analysis

Average transaction size: $1.7K. Average per recipient: $1.7K.

Total Amount

$10,145.22

Avg per Transaction

$1.7K

Avg per Recipient

$1.7K

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

COCHLEAR LTD Share

0.0%

#1545 by total payments

Frequently Asked Questions

How much did COCHLEAR LTD pay to physicians and hospitals in 2024?
COCHLEAR LTD made $10,145.22 in payments to physicians and hospitals in Program Year 2024, across 6 individual transactions. This represents 0.0% of all industry payments reported to CMS Open Payments.
How many physicians received payments from COCHLEAR LTD?
COCHLEAR LTD made payments to 6 physicians and teaching hospitals in 2024. The average payment per recipient was $1.7K.
What types of payments did COCHLEAR LTD make?
COCHLEAR LTD made 3 different types of payments. The largest category was "Travel and Lodging" at $8.5K, representing 83.5% of all payments.
How does COCHLEAR LTD rank among pharmaceutical companies?
COCHLEAR LTD ranks #1545 out of 1,797 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from COCHLEAR LTD?
The average transaction from COCHLEAR LTD was $1.7K in 2024. The company made 6 total transactions to 6 recipients.
Are the top recipients concentrated for COCHLEAR LTD?
The top 5 recipients received $0.00 from COCHLEAR LTD, representing 0.0% of the company's total payments. Payments are relatively well-distributed across recipients.
Where does the payment data for COCHLEAR LTD 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.