CMS Open Payments · Program Year 2024
icotec Medical Inc.
icotec Medical Inc. reported $604,401.34 across General Payments, Research, and Ownership to 1,344 physicians and teaching hospitals across 1,348 transactions.
- $604.4K Above-median payer
- All-tracks total
- 1,348 Top quartile volume
- Transactions
- 1,344 Top quartile reach
- Recipients
- +$122.0K
- General Payments vs PY2023
icotec Medical Inc. reported $604,401.34 across all CMS Open Payments tracks (General + Research + Ownership) to 1,344 physicians and teaching hospitals in Program Year 2024 - ranking #723 of 1,925 reporting manufacturers (0.0% of the all-tracks industry total); General Payments alone were $393,656.14, averaging $449.70 per recipient.
How icotec Medical Inc.'s $604.4K all-tracks total breaks down
icotec Medical Inc.'s payment reach score
Each tracked dimension is percentile-scored against the national companies corpus, then averaged across only the dimensions that apply to this company, a neutral scale measure of reporting activity, not a rating of quality, safety, or ethics.
Overall reach score
F
33/100
Total payments
F
16/100
Transaction volume
F
20/100
Physician reach
F
20/100
Payment type diversity
C
77/100
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.
CMS Sunshine Act warrant
Manufacturer icotec-medical-inc icotec Medical Inc.
$604.4K · #723/1,925 · 0.0% industry · PY2024
- TOT $604.4K
- RANK #723
- SHARE 0.0%
- TXN 1,348
- RCP 1,344
- CAT 6
- GEN $393.7K
- ΔGEN +$122.0K
- TOP1 11.9%
- PY 2024
Volume peers
Nearest volume peer: Endo Pharmaceuticals Inc. ($603.4K)
icotec Medical Inc. sits among 1,925 manufacturers disclosing under the Physician Payments Sunshine Act. Volume peers below are nearest by all-tracks total, not corporate affiliates. Open the company rankings →
Release-over-release change
General Payments changed from PY2023 to PY2024
icotec Medical Inc.'s CMS-reported General Payments increased by $122.0K (+44.9%) from PY2023 to PY2024.
How this year-over-year comparison is scoped
The comparison uses consecutive CMS program years only (current = prior + 1) from the manufacturer General Payments summary and excludes research and ownership or investment records. Non-consecutive year pairs are not shown as year-over-year change. This General Payments figure is not the all-tracks company total in the hero.
CMS source labels for this exact identifier: PY2022: ICOTEC MEDICAL INC.PY2023: ICOTEC MEDICAL INC.PY2024: icotec Medical Inc.. 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
- $271,615.93
- PY2024
- $393,656.14
What the Data Shows for icotec Medical Inc.
Three separate CMS disclosure tracks feed the all-tracks total above - General, Research, and Ownership/Investment - each reported under its own rules and combined here for one comparable figure. For icotec Medical Inc., that total blends General Payments (day-to-day consulting, meals, travel and speaking fees, shown separately above) with Research and Ownership/Investment interest records, each governed by its own CMS reporting rules. CMS releases each Program Year roughly 12 months after it ends; the methodology page covers the full standardization basis.
Of the 6 general-payment categories charted below, "Consulting Fee" is the largest at $223.7K across 33 transactions, 56.8% of this company's General Payments (see our methodology for how research and ownership payments are reported separately).
General Payment Breakdown by Type
Across 6 types of general payments, icotec Medical Inc.'s largest category was "Consulting Fee" at $223.7K - 56.8% of General Payments.
icotec Medical Inc. reports 6 general-payment categories - the top three are Consulting Fee (56.8%), Travel and Lodging (22.5%), and Food and Beverage (18.5%). The remaining 3 categories make up 2.2% of this company's reported general-payment total. That multi-category mix is the kind of profile single-category reporters cannot show.
How icotec Medical Inc. divides its payments
Top payment categories by total reported dollar volume
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Consulting Fee | $223.7K | 33 | 56.8% |
| Travel and Lodging | $88.6K | 408 | 22.5% |
| Food and Beverage | $72.6K | 900 | 18.5% |
| Charitable Contribution | $5.0K | 1 | 1.3% |
| Space Rental or Facility Fees | $3.5K | 1 | 0.9% |
| Compensation for Services Other Than Consulting | $250.00 | 1 | 0.1% |
Recipient Concentration in General Payments
The five largest recipient relationships account for $143,956.77 (36.6%) of $393,656.14 in this company's General Payments records across 318 recipients.
General Payments scope note
Program Year 2024 General Payments view only: excludes research and ownership/investment records, so it is not the all-category company total above.
Largest General-Payment relationships for icotec Medical Inc.
The five named recipients with the highest reported General Payments from this company
- 1
Laurence Rhines
$47,021.57 across 39 reported transactions
- 2
Ilya Laufer
$25,942.50 across 28 reported transactions
- 3
Richard Bransford
$25,083.94 across 30 reported transactions
- 4
Vikram Chakravarthy
$23,777.03 across 40 reported transactions
- 5
John J Kresl
$22,131.73 across 14 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.
Spend vs. Concentration
icotec Medical Inc. ranks #723 of 1,925 by total payments (top 38% by spend) but spreads that money notably more broadly than its spend rank alone would suggest -- #1,375 of 1,838 by HHI (bottom 25% least concentrated), a wider distribution than most similarly sized payers.
View all 12 companies in this HHI neighborhood as a list
- Tarsus Pharmaceuticals, Inc. : $5.3M total payments, HHI 409
- Roche Diagnostics Corporation : $552.8K total payments, HHI 407
- PROCEPT BioRobotics Corporation : $1.7M total payments, HHI 405
- Cerapedics Inc. : $796.4K total payments, HHI 405
- Shorla Oncology Inc. : $797.92 total payments, HHI 404
- Providence Medical Technology, Inc. : $467.9K total payments, HHI 404
- icotec Medical Inc. (this company) : $393.7K total payments, HHI 403
- Shionogi Inc : $1.4M total payments, HHI 403
- ALK-Abello, Inc : $339.4K total payments, HHI 403
- Verity Pharmaceuticals Inc. : $293.4K total payments, HHI 398
- Biocon Biologics Inc : $26.5K total payments, HHI 391
- Phadia US Inc. : $290.0K total payments, HHI 390
Similarly Concentrated Companies
Companies whose General Payments are spread across recipients about as (un)evenly as icotec Medical Inc.'s, measured by the same HHI concentration index above, not by payment size.
What HHI 2,500 means here
2,500 is the DOJ/FTC merger-guidelines threshold for "highly concentrated" markets; used here only as a familiar concentration reference, not a legal finding about icotec Medical Inc..
Companies with Similar Payment Volumes
Open a profile or compare a similar company's CMS-reported payment pattern with icotec Medical Inc..
Showing 6 of 1,924 companies with CMS-reported payment data.
Arena Pharmaceuticals, Inc.
Cala Health, Inc.
OrthoFundamentals, LLC
Bone Support Inc.
Aroa Biosurgery Incorporated
Put this to use
icotec Medical Inc. ranks #723 of 1,925 by all-tracks total payments, led by "Consulting Fee".
- See how manufacturer spending compares across the full leaderboard. Top 100 by total payments
- Compare "Consulting Fee" spend across every manufacturer, not just icotec Medical Inc.. Payment type breakdowns
- New to Open Payments? Learn what these figures do and do not show. Read the guide
Reported payments reflect what companies disclosed to CMS; a payment is not evidence of wrongdoing.
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.
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 2026-07-26.