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CMS PY 2024 Company profile Open Payments data

HU-FRIEDY MFG. CO., LLC

HU-FRIEDY MFG. CO., LLC reported $554.1K in payments to physicians and teaching hospitals across 2,442 transactions in CMS Open Payments PY 2024.

Pharmaceutical payment transparency data for HU-FRIEDY MFG. CO., LLC. Ranked #697 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.

Payment Overview

Total Payments

$554.1K

0.0% of all payments

Transactions

2,442

$226.90 avg

Recipients

2,442

$226.90 avg

Industry Rank

#697

of 1,797 companies

What the Data Shows for HU-FRIEDY MFG. CO., LLC

In Program Year 2024, HU-FRIEDY MFG. CO., LLC reported $554,100.02 in payments to 2,442 physicians and teaching hospitals across 2,442 individual transactions — an average of $226.90 per transaction and $226.90 per recipient. That total places HU-FRIEDY MFG. CO., LLC at rank #697 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 HU-FRIEDY MFG. CO., 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 "Royalty or License" at $270.7K, accounting for 48.9% of the company's reported total and 55 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 HU-FRIEDY MFG. CO., LLC received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 2,442 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

HU-FRIEDY MFG. CO., LLC made 5 types of payments. "Royalty or License" accounts for 48.9%.

Royalty or License $270.7K

48.9% · 55 transactions

Education $198.0K

35.7% · 2,018 transactions

Consulting Fee $62.8K

11.3% · 23 transactions

Food and Beverage $14.5K

2.6% · 345 transactions

Honoraria $8.0K

1.4% · 1 transactions

Payment Type Amount Transactions
Royalty or License $270.7K 55
Education $198.0K 2,018
Consulting Fee $62.8K 23
Food and Beverage $14.5K 345
Honoraria $8.0K 1

Payment Size Analysis

Average transaction size: $226.90. Average per recipient: $226.90.

Total Amount

$554,100.02

Avg per Transaction

$226.90

Avg per Recipient

$226.90

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

HU-FRIEDY MFG. CO., LLC Share

0.0%

#697 by total payments

Frequently Asked Questions

How much did HU-FRIEDY MFG. CO., LLC pay to physicians and hospitals in 2024?
HU-FRIEDY MFG. CO., LLC made $554,100.02 in payments to physicians and hospitals in Program Year 2024, across 2,442 individual transactions. This represents 0.0% of all industry payments reported to CMS Open Payments.
How many physicians received payments from HU-FRIEDY MFG. CO., LLC?
HU-FRIEDY MFG. CO., LLC made payments to 2,442 physicians and teaching hospitals in 2024. The average payment per recipient was $226.90.
What types of payments did HU-FRIEDY MFG. CO., LLC make?
HU-FRIEDY MFG. CO., LLC made 5 different types of payments. The largest category was "Royalty or License" at $270.7K, representing 48.9% of all payments.
How does HU-FRIEDY MFG. CO., LLC rank among pharmaceutical companies?
HU-FRIEDY MFG. CO., LLC ranks #697 out of 1,797 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from HU-FRIEDY MFG. CO., LLC?
The average transaction from HU-FRIEDY MFG. CO., LLC was $226.90 in 2024. The company made 2,442 total transactions to 2,442 recipients.
Are the top recipients concentrated for HU-FRIEDY MFG. CO., LLC?
The top 5 recipients received $0.00 from HU-FRIEDY MFG. CO., LLC, representing 0.0% of the company's total payments. Payments are relatively well-distributed across recipients.
Where does the payment data for HU-FRIEDY MFG. CO., 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.