PlainPharmaWatch

CMS Open Payments · Program Year 2024

Innovative Medical Products, Inc.

Innovative Medical Products, Inc. reported $22,817.86 in payments to 14 physicians and teaching hospitals across 14 transactions.

See the rankings → How this is sourced
$22.8K
Total payments
14
Transactions
14
Recipients
+$17.9K
General Payments vs PY2023

Innovative Medical Products, Inc. reported $22,817.86 in payments to 14 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #1515 of 1,925 reporting manufacturers (0.0% of all US industry payments), averaging $1.6K per recipient across 3 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

Innovative Medical Products, Inc. pairs modest payment volume with a concentrated payment pattern focused on a handful of top recipients.

#1515
of 1,925 companies
0.0%
of all US industry payments
0.9%
paid to its single top recipient
3
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

Innovative Medical Products, Inc.'s CMS-reported General Payments increased by $17.9K (+364.9%) 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: INNOVATIVE MEDICAL PRODUCTS, INC.PY2023: INNOVATIVE MEDICAL PRODUCTS, INC.PY2024: Innovative Medical Products, 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$4.9KPY2024$22.8K
PY2023
$4,907.76
PY2024
$22,817.86

How Innovative Medical Products, Inc. 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.

Innovative Medical Products, Inc.'s total vs. every reporting company

CMS Open Payments, Program Year 2024

$22,818 21st percentile higher than 21% 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%). This entry sits in this band. $25,112–$78,003: 249 reporting companies (13%). Above this entry. $78,003–$242,294: 295 reporting companies (15%). Above this entry. $242,294–$752,621: 270 reporting companies (14%). Above this entry. $752,621–$2,337,813: 263 reporting companies (14%). Above this entry. $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 Innovative Medical Products, Inc.

$22,817.86: that is what Innovative Medical Products, Inc. reported in payments to 14 physicians and teaching hospitals during Program Year 2024, spread across 14 transactions ($1.6K per transaction, $1.6K per recipient). The company sits at rank #1515 of 1,925, a comparatively small 0.0% slice of all industry payments reported nationwide for the year.

"Consulting Fee" leads the 3-category general-payment breakdown below at $13.1K (57.2% of the company's reported total, 5 transactions) - see our methodology for how research and ownership payments are reported separately.

General Payment Breakdown by Type

Innovative Medical Products, Inc. made 3 types of general payments. "Consulting Fee" is the largest category at $13.1K, 57.2% of the company's reported total.

How Innovative Medical Products, Inc. divides its payments

How the reported total splits across payment categories

1. Consulting Fee$13.1K2. Travel and Lodging$8.0K3. Royalty or License$1.8K
Payment Type Amount Transactions
Consulting Fee $13.1K 5
Travel and Lodging $8.0K 5
Royalty or License $1.8K 4

Recipient Concentration in General Payments

The five largest recipient relationships account for $22,817.86 (100.0%) of $22,817.86 in this company's General Payments records across 3 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 Innovative Medical Products, Inc.

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

Alexander Rosenstein$19.5KALAN Medical Products REZNIK$1.8KLee Rubin$1.5K
  1. 1

    Alexander Rosenstein

    $19,535.94 across 9 reported transactions

  2. 2

    ALAN Medical Products REZNIK

    $1,781.92 across 4 reported transactions

  3. 3

    Lee Rubin

    $1,500.00 across 1 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: $1.6K. Average per recipient: $1.6K.

Total Amount

$22,817.86

Avg per Transaction

$1.6K

Avg per Recipient

$1.6K

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

Innovative Medical Products, Inc. Share

0.0%

#1515 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to Innovative Medical Products, Inc.

NovoSource, LLC

$22.9K 6 recipients

Terumo Cardiovascular Systems Corporation

$22.7K 185 recipients

Nippon Shinyaku Co.,Ltd

$22.7K 18 recipients

Carter Bloodcare

$22.6K 109 recipients

Orion Corporation

$23.0K 16 recipients

CDC Medical LLC

$22.6K 231 recipients

Frequently Asked Questions

How much did Innovative Medical Products, Inc. pay to physicians and hospitals in 2024? ▾
In Program Year 2024, CMS Open Payments recorded $22,817.86 from Innovative Medical Products, Inc. to physicians and hospitals across 14 transactions - 0.0% of all industry payments reported that year.
How many physicians received payments from Innovative Medical Products, Inc.? ▾
Averaging $1.6K per recipient, Innovative Medical Products, Inc.'s 2024 payments reached 14 physicians and teaching hospitals.
What types of payments did Innovative Medical Products, Inc. make? ▾
3 categories of general payment make up Innovative Medical Products, Inc.'s reported activity, including consulting, meals, travel, and similar types. The largest general-payment category was "Consulting Fee" at $13.1K, representing 57.2% of the company's reported total.
How does Innovative Medical Products, Inc. rank among pharmaceutical companies? ▾
Innovative Medical Products, Inc. ranks #1515 out of 1,925 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from Innovative Medical Products, Inc.? ▾
The average transaction from Innovative Medical Products, Inc. was $1.6K in 2024. The company made 14 total transactions to 14 recipients.
Where does the payment data for Innovative Medical Products, Inc. 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.