PlainPharmaWatch

CMS Open Payments · Program Year 2024

Genesys Orthopedics Systems, L.L.C.

Genesys Orthopedics Systems, L.L.C. reported $837,199.98 in payments to 550 physicians and teaching hospitals across 550 transactions.

See the rankings → How this is sourced
$837.2K
Total payments
550
Transactions
550
Recipients
−$65.6K
General Payments vs PY2023

Genesys Orthopedics Systems, L.L.C. reported $837,199.98 in payments to 550 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #661 of 1,925 reporting manufacturers (0.0% of all US industry payments), averaging $1.5K per recipient across 5 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.

Compiled from official public sources by the editorial team.

The verdict

Genesys Orthopedics Systems, L.L.C. pairs above-median payment volume with a broadly spread payment pattern across many recipients.

#661
of 1,925 companies
0.0%
of all US industry payments
0.3%
paid to its single top recipient
5
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

Genesys Orthopedics Systems, L.L.C.'s CMS-reported General Payments decreased by $65.6K (−7.3%) 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: GENESYS ORTHOPEDICS SYSTEMS, L.L.C.PY2023: GENESYS ORTHOPEDICS SYSTEMS, L.L.C.PY2024: Genesys Orthopedics Systems, L.L.C.. 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$902.8KPY2024$837.2K
PY2023
$902,828.70
PY2024
$837,199.98

How Genesys Orthopedics Systems, L.L.C. 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.

Genesys Orthopedics Systems, L.L.C.'s total vs. every reporting company

CMS Open Payments, Program Year 2024

$837,200 Top 34% higher than 66% of 1,925 reporting companies

$9–$28: 3 reporting companies (0%). Below this entry. $28–$87: 10 reporting companies (1%). Below this entry. $87–$270: 20 reporting companies (1%). Below this entry. $270–$838: 41 reporting companies (2%). Below this entry. $838–$2,603: 76 reporting companies (4%). Below this entry. $2,603–$8,084: 114 reporting companies (6%). Below this entry. $8,084–$25,112: 167 reporting companies (9%). Below this entry. $25,112–$78,003: 249 reporting companies (13%). Below this entry. $78,003–$242,294: 295 reporting companies (15%). Below this entry. $242,294–$752,621: 270 reporting companies (14%). Below this entry. $752,621–$2,337,813: 263 reporting companies (14%). This entry sits in this band. $2,337,813–$7,261,783: 200 reporting companies (10%). Above this entry. $7,261,783–$22,556,757: 133 reporting companies (7%). Above this entry. $22,556,757–$70,066,439: 45 reporting companies (2%). Above this entry. $70,066,439–$217,642,369: 26 reporting companies (1%). Above this entry. $217,642,369–$676,046,922: 13 reporting companies (1%). Above this entry. This company $9 $676,046,922 every reporting company, bucketed by value

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 Genesys Orthopedics Systems, L.L.C.

Genesys Orthopedics Systems, L.L.C. ranks #661 out of 1,925 companies in the CMS Open Payments database for Program Year 2024, a comparatively small 0.0% slice of all industry payments reported nationwide for the year. The underlying total is $837,199.98 across 550 transactions to 550 physicians and teaching hospitals - $1.5K per transaction and $1.5K per recipient on average.

Of the 5 general-payment categories charted below, "Royalty or License" is the largest at $530.9K across 175 transactions, 63.4% of the company's reported total (see our methodology for how research and ownership payments are reported separately).

General Payment Breakdown by Type

"Royalty or License" leads Genesys Orthopedics Systems, L.L.C.'s 5-category general-payment breakdown at $530.9K, 63.4% of the reported total.

How Genesys Orthopedics Systems, L.L.C. divides its payments

General-payment categories, ordered by reported total

1. Royalty or License$530.9K2. Consulting Fee$238.0K3. Travel and Lodging$46.7K4. Food and Beverage$21.0K5. Gift$510.00
Payment Type Amount Transactions
Royalty or License $530.9K 175
Consulting Fee $238.0K 49
Travel and Lodging $46.7K 150
Food and Beverage $21.0K 140
Gift $510.00 36

Recipient Concentration in General Payments

The five largest recipient relationships account for $466,501.01 (55.7%) of $837,199.98 in this company's General Payments records across 70 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 Genesys Orthopedics Systems, L.L.C.

The five named recipients with the highest reported General Payments from this company

Koijan Singh Kainth Md$216.0KKaywan Dinyar Gamadia Do$89.7KDouglas P Beall MD$66.1KEDWARD Lee Smith MD$48.0KMaahir Ul Haque Md$46.7K
  1. 1

    Koijan Singh Kainth Md

    $216,000.00 across 12 reported transactions

  2. 2

    Kaywan Dinyar Gamadia Do

    $89,679.41 across 13 reported transactions

  3. 3

    Douglas P Beall MD

    $66,091.20 across 43 reported transactions

  4. 4

    EDWARD Lee Smith MD

    $48,000.00 across 6 reported transactions

  5. 5

    Maahir Ul Haque Md

    $46,730.40 across 21 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: $1.5K. Average per recipient: $1.5K.

Total Amount

$837,199.98

Avg per Transaction

$1.5K

Avg per Recipient

$1.5K

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

Genesys Orthopedics Systems, L.L.C. Share

0.0%

#661 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to Genesys Orthopedics Systems, L.L.C.

Provepharm Inc.

$837.3K 117 recipients

Vertos Medical, Inc.

$836.6K 6,652 recipients

BIOTRONIK NRO, Inc.

$843.1K 9,395 recipients

Spineart USA Inc

$830.2K 1,361 recipients

Next Science LLC

$829.9K 1,698 recipients

Celltrion USA Inc.

$844.6K 10,231 recipients

Frequently Asked Questions

How much did Genesys Orthopedics Systems, L.L.C. pay to physicians and hospitals in 2024? ▾
Genesys Orthopedics Systems, L.L.C. made $837,199.98 in payments to physicians and hospitals in Program Year 2024, across 550 individual transactions. This represents 0.0% of all industry payments reported to CMS Open Payments.
How many physicians received payments from Genesys Orthopedics Systems, L.L.C.? ▾
Averaging $1.5K per recipient, Genesys Orthopedics Systems, L.L.C.'s 2024 payments reached 550 physicians and teaching hospitals.
What types of payments did Genesys Orthopedics Systems, L.L.C. make? ▾
Genesys Orthopedics Systems, L.L.C. made 5 different types of general payments (consulting, meals, travel, and similar categories). The largest general-payment category was "Royalty or License" at $530.9K, representing 63.4% of the company's reported total.
How does Genesys Orthopedics Systems, L.L.C. rank among pharmaceutical companies? ▾
Out of 1,925 companies in the CMS Open Payments database for 2024, Genesys Orthopedics Systems, L.L.C. ranks #661 by total payment amount.
What is the average payment size from Genesys Orthopedics Systems, L.L.C.? ▾
The average transaction from Genesys Orthopedics Systems, L.L.C. was $1.5K in 2024. The company made 550 total transactions to 550 recipients.
Where does the payment data for Genesys Orthopedics Systems, L.L.C. 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: $13.9B across 1,925 companies.

Data sourced from CMS Open Payments (Physician Payments Sunshine Act). 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.

Read our methodology - how this data is sourced, computed, and verified.

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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.