PlainPharmaWatch
CMS PY 2024 Company profile Open Payments data

CTL MEDICAL CORPORATION

CTL MEDICAL CORPORATION reported $565.3K in payments to physicians and teaching hospitals across 309 transactions in CMS Open Payments PY 2024.

Pharmaceutical payment transparency data for CTL MEDICAL CORPORATION. Ranked #694 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.

Payment Overview

Total Payments

$565.3K

0.0% of all payments

Transactions

309

$1.8K avg

Recipients

309

$1.8K avg

Industry Rank

#694

of 1,797 companies

What the Data Shows for CTL MEDICAL CORPORATION

In Program Year 2024, CTL MEDICAL CORPORATION reported $565,324.78 in payments to 309 physicians and teaching hospitals across 309 individual transactions — an average of $1.8K per transaction and $1.8K per recipient. That total places CTL MEDICAL CORPORATION at rank #694 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 CTL MEDICAL CORPORATION 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 "Consulting Fee" at $402.2K, accounting for 71.1% of the company's reported total and 96 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 CTL MEDICAL CORPORATION received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 309 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

CTL MEDICAL CORPORATION made 5 types of payments. "Consulting Fee" accounts for 71.1%.

Consulting Fee $402.2K

71.1% · 96 transactions

Royalty or License $130.7K

23.1% · 39 transactions

Travel and Lodging $18.7K

3.3% · 40 transactions

Food and Beverage $10.8K

1.9% · 121 transactions

Gift $3.0K

0.5% · 13 transactions

Payment Type Amount Transactions
Consulting Fee $402.2K 96
Royalty or License $130.7K 39
Travel and Lodging $18.7K 40
Food and Beverage $10.8K 121
Gift $3.0K 13

Payment Size Analysis

Average transaction size: $1.8K. Average per recipient: $1.8K.

Total Amount

$565,324.78

Avg per Transaction

$1.8K

Avg per Recipient

$1.8K

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

CTL MEDICAL CORPORATION Share

0.0%

#694 by total payments

Frequently Asked Questions

How much did CTL MEDICAL CORPORATION pay to physicians and hospitals in 2024?
CTL MEDICAL CORPORATION made $565,324.78 in payments to physicians and hospitals in Program Year 2024, across 309 individual transactions. This represents 0.0% of all industry payments reported to CMS Open Payments.
How many physicians received payments from CTL MEDICAL CORPORATION?
CTL MEDICAL CORPORATION made payments to 309 physicians and teaching hospitals in 2024. The average payment per recipient was $1.8K.
What types of payments did CTL MEDICAL CORPORATION make?
CTL MEDICAL CORPORATION made 5 different types of payments. The largest category was "Consulting Fee" at $402.2K, representing 71.1% of all payments.
How does CTL MEDICAL CORPORATION rank among pharmaceutical companies?
CTL MEDICAL CORPORATION ranks #694 out of 1,797 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from CTL MEDICAL CORPORATION?
The average transaction from CTL MEDICAL CORPORATION was $1.8K in 2024. The company made 309 total transactions to 309 recipients.
Are the top recipients concentrated for CTL MEDICAL CORPORATION?
The top 5 recipients received $0.00 from CTL MEDICAL CORPORATION, representing 0.0% of the company's total payments. Payments are relatively well-distributed across recipients.
Where does the payment data for CTL MEDICAL CORPORATION 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.