PlainPharmaWatch
CMS PY 2024 Company profile Open Payments data

CORNERSTONE SPECIALTY NETWORK LLC

CORNERSTONE SPECIALTY NETWORK LLC reported $855.8K in payments to physicians and teaching hospitals across 203 transactions in CMS Open Payments PY 2024.

Pharmaceutical payment transparency data for CORNERSTONE SPECIALTY NETWORK LLC. Ranked #613 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.

Payment Overview

Total Payments

$855.8K

0.0% of all payments

Transactions

203

$4.2K avg

Recipients

79

$10.8K avg

Industry Rank

#613

of 1,797 companies

What the Data Shows for CORNERSTONE SPECIALTY NETWORK LLC

In Program Year 2024, CORNERSTONE SPECIALTY NETWORK LLC reported $855,761.00 in payments to 79 physicians and teaching hospitals across 203 individual transactions — an average of $4.2K per transaction and $10.8K per recipient. That total places CORNERSTONE SPECIALTY NETWORK LLC at rank #613 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 CORNERSTONE SPECIALTY NETWORK LLC spans 6 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 Faculty or Speaker (Medical Education)" at $30.7K, accounting for 3.6% of the company's reported total and 4 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 CORNERSTONE SPECIALTY NETWORK LLC received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 79 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

CORNERSTONE SPECIALTY NETWORK LLC made 6 types of payments. "Compensation for Faculty or Speaker (Medical Education)" accounts for 3.6%.

Compensation for Faculty or Speaker (Medical Education) $30.7K

3.6% · 4 transactions

Consulting Fee $26.8K

3.1% · 9 transactions

Honoraria $26.5K

3.1% · 37 transactions

Compensation for Services Other Than Consulting $25.3K

3.0% · 5 transactions

Travel and Lodging $7.8K

0.9% · 16 transactions

Food and Beverage $3.4K

0.4% · 8 transactions

Payment Type Amount Transactions
Compensation for Faculty or Speaker (Medical Education) $30.7K 4
Consulting Fee $26.8K 9
Honoraria $26.5K 37
Compensation for Services Other Than Consulting $25.3K 5
Travel and Lodging $7.8K 16
Food and Beverage $3.4K 8

Payment Size Analysis

Average transaction size: $4.2K. Average per recipient: $10.8K.

Total Amount

$855,761.00

Avg per Transaction

$4.2K

Avg per Recipient

$10.8K

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

CORNERSTONE SPECIALTY NETWORK LLC Share

0.0%

#613 by total payments

Frequently Asked Questions

How much did CORNERSTONE SPECIALTY NETWORK LLC pay to physicians and hospitals in 2024?
CORNERSTONE SPECIALTY NETWORK LLC made $855,761.00 in payments to physicians and hospitals in Program Year 2024, across 203 individual transactions. This represents 0.0% of all industry payments reported to CMS Open Payments.
How many physicians received payments from CORNERSTONE SPECIALTY NETWORK LLC?
CORNERSTONE SPECIALTY NETWORK LLC made payments to 79 physicians and teaching hospitals in 2024. The average payment per recipient was $10.8K.
What types of payments did CORNERSTONE SPECIALTY NETWORK LLC make?
CORNERSTONE SPECIALTY NETWORK LLC made 6 different types of payments. The largest category was "Compensation for Faculty or Speaker (Medical Education)" at $30.7K, representing 3.6% of all payments.
How does CORNERSTONE SPECIALTY NETWORK LLC rank among pharmaceutical companies?
CORNERSTONE SPECIALTY NETWORK LLC ranks #613 out of 1,797 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from CORNERSTONE SPECIALTY NETWORK LLC?
The average transaction from CORNERSTONE SPECIALTY NETWORK LLC was $4.2K in 2024. The company made 203 total transactions to 79 recipients.
Are the top recipients concentrated for CORNERSTONE SPECIALTY NETWORK LLC?
The top 5 recipients received $0.00 from CORNERSTONE SPECIALTY NETWORK LLC, representing 0.0% of the company's total payments. Payments are relatively well-distributed across recipients.
Where does the payment data for CORNERSTONE SPECIALTY NETWORK 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.