PlainPharmaWatch

CMS Open Payments · Program Year 2024

Insmed, Inc.

Insmed, Inc. reported $12,016,522.58 in payments to 13,950 physicians and teaching hospitals across 24,801 transactions.

See the rankings → How this is sourced
$12.0M
Total payments
24,801
Transactions
13,950
Recipients
−$859.6K
General Payments vs PY2023

Insmed, Inc. reported $12,016,522.58 in payments to 13,950 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #144 of 1,925 reporting manufacturers (0.1% of all US industry payments), averaging $861.40 per recipient across 6 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

Insmed, Inc. pairs top-10% payment volume with an unusually diversified payment pattern across a wide recipient base.

#144
of 1,925 companies
0.1%
of all US industry payments
0.1%
paid to its single top recipient
6
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

Insmed, Inc.'s CMS-reported General Payments decreased by $859.6K (−44.7%) 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: INSMED, INC.PY2023: INSMED, INC.PY2024: Insmed, 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$1.9MPY2024$1.1M
PY2023
$1,924,179.71
PY2024
$1,064,606.82

How Insmed, 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.

Insmed, Inc.'s total vs. every reporting company

CMS Open Payments, Program Year 2024

$12,016,523 Top 7% higher than 93% 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%). Below this entry. $2,337,813–$7,261,783: 200 reporting companies (10%). Below this entry. $7,261,783–$22,556,757: 133 reporting companies (7%). This entry sits in this band. $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 Insmed, Inc.

$12,016,522.58: that is what Insmed, Inc. reported in payments to 13,950 physicians and teaching hospitals during Program Year 2024, spread across 24,801 transactions ($484.52 per transaction, $861.40 per recipient). The company sits at rank #144 of 1,925, a comparatively small 0.1% slice of all industry payments reported nationwide for the year.

172 transactions worth $603.1K make "Consulting Fee" the top general-payment category in the 6-category breakdown below, 5.0% of the reported total (see our methodology for how research and ownership payments are reported separately).

General Payment Breakdown by Type

Insmed, Inc. made 6 types of general payments. "Consulting Fee" is the largest category at $603.1K, 5.0% of the company's reported total.

How Insmed, Inc. divides its payments

How the reported total splits across payment categories

1. Consulting Fee$603.1K2. Food and Beverage$302.0K3. Travel and Lodging$71.1K4. Grant$50.0K5. Space Rental or Facility …$31.3K6. Education$7.0K
Payment Type Amount Transactions
Consulting Fee $603.1K 172
Food and Beverage $302.0K 13,123
Travel and Lodging $71.1K 183
Grant $50.0K 1
Space Rental or Facility Fees $31.3K 15
Education $7.0K 456

Recipient Concentration in General Payments

The five largest recipient relationships account for $200,657.23 (18.8%) of $1,064,606.82 in this company's General Payments records across 5,187 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 Insmed, Inc.

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

National Jewish Health$56.0KSteven Zelenkofske$43.0KWael EL MARAACHLI$34.1KMarianne Culkin Mann$34.0KChristopher J Richards$33.5K
  1. 1

    National Jewish Health

    $56,000.00 across 3 reported transactions

  2. 2

    Steven Zelenkofske

    $43,000.00 across 10 reported transactions

  3. 3

    Wael EL MARAACHLI

    $34,092.66 across 29 reported transactions

  4. 4

    Marianne Culkin Mann

    $34,050.00 across 3 reported transactions

  5. 5

    Christopher J Richards

    $33,514.57 across 32 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: $484.52. Average per recipient: $861.40.

Total Amount

$12,016,522.58

Avg per Transaction

$484.52

Avg per Recipient

$861.40

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

Insmed, Inc. Share

0.1%

#144 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to Insmed, Inc.

EMD Serono, Inc.

$12.1M 34,007 recipients

BioMarin Pharmaceutical Inc.

$11.9M 2,932 recipients

Catalyst OrthoScience

$11.8M 424 recipients

Inari Medical, Inc.

$11.7M 48,517 recipients

Kyowa Kirin, Inc.

$11.7M 16,689 recipients

Genmab A/S

$11.6M 1 recipients

Frequently Asked Questions

How much did Insmed, Inc. pay to physicians and hospitals in 2024? ▾
0.1% of all industry payments reported to CMS Open Payments for 2024 came from Insmed, Inc., totaling $12,016,522.58 across 24,801 transactions to physicians and hospitals.
How many physicians received payments from Insmed, Inc.? ▾
13,950 physicians and teaching hospitals received payments from Insmed, Inc. in 2024, averaging $861.40 per recipient.
What types of payments did Insmed, Inc. make? ▾
6 categories of general payment make up Insmed, Inc.'s reported activity, including consulting, meals, travel, and similar types. The largest general-payment category was "Consulting Fee" at $603.1K, representing 5.0% of the company's reported total.
How does Insmed, Inc. rank among pharmaceutical companies? ▾
Out of 1,925 companies in the CMS Open Payments database for 2024, Insmed, Inc. ranks #144 by total payment amount.
What is the average payment size from Insmed, Inc.? ▾
In 2024, Insmed, Inc. averaged $484.52 per transaction across 24,801 transactions to 13,950 recipients.
Where does the payment data for Insmed, 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.