PlainPharmaWatch

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
All-tracks total
1,348
Transactions
1,344
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.

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

Nearest volume peer: Endo Pharmaceuticals Inc. ($603.4K)

OrthoFundamentals, LLC$607.3KArena Pharmaceuticals, Inc.$606.7Kicotec Medical Inc. (this)$604.4KEndo Pharmaceuticals Inc.$603.4KCala Health, Inc.$602.0K
All-tracks payment totals near icotec Medical Inc. (CMS Open Payments PY2024)

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$271.6KPY2024$393.7K
PY2023
$271,615.93
PY2024
$393,656.14

What the Data Shows for icotec Medical Inc.

$604,401.34: that is what icotec Medical Inc. reported in payments to 1,344 physicians and teaching hospitals during Program Year 2024, spread across 1,348 transactions ($448.37 per transaction, $449.70 per recipient). The company sits at rank #723 of 1,925, a comparatively small 0.0% slice of all industry payments reported nationwide for the year.

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

1. Consulting Fee$223.7K2. Travel and Lodging$88.6K3. Food and Beverage$72.6K4. Charitable Contribution$5.0K5. Space Rental or Facility …$3.5K6. Compensation for Services…$250.00
Payment Type Amount Transactions
Consulting Fee $223.7K 33
Travel and Lodging $88.6K 408
Food and Beverage $72.6K 900
Charitable Contribution $5.0K 1
Space Rental or Facility Fees $3.5K 1
Compensation for Services Other Than Consulting $250.00 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

Laurence Rhines$47.0KIlya Laufer$25.9KRichard Bransford$25.1KVikram Chakravarthy$23.8KJohn J Kresl$22.1K
  1. 1

    Laurence Rhines

    $47,021.57 across 39 reported transactions

  2. 2

    Ilya Laufer

    $25,942.50 across 28 reported transactions

  3. 3

    Richard Bransford

    $25,083.94 across 30 reported transactions

  4. 4

    Vikram Chakravarthy

    $23,777.03 across 40 reported transactions

  5. 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.

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.

Data sourced from CMS Open Payments (Physician Payments Sunshine Act). See our methodology for details. Retrieved and formatted by PlainPharmaWatch
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.

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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 2026-07-26.