PlainPharmaWatch

CMS Open Payments · Program Year 2024

IQ Med LLC

IQ Med LLC reported $260,210.00 in payments to 0 physicians and teaching hospitals across 4 transactions.

See the rankings → How this is sourced
$260.2K
Total payments
4
Transactions
0
Recipients
+$58.6K
General Payments vs PY2022

IQ Med LLC reported $260,210.00 in payments to 0 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #923 of 1,925 reporting manufacturers (0.0% of all US industry payments), averaging $0.00 per recipient across 0 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

IQ Med LLC posts above-median payment volume among 1,925 companies reporting payments in CMS Open Payments PY2024.

#923
of 1,925 companies
0.0%
of all US industry payments
0
payment categories

Release-over-release change

General Payments changed from PY2022 to PY2023

IQ Med LLC's CMS-reported General Payments increased by $58.6K (+191.0%) from PY2022 to PY2023. 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: IQ MED LLCPY2023: IQ MED LLCPY2024: IQ Med LLC. 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: PY2022 vs PY2023

Annual CMS-reported totals for this company, not an all-category Open Payments total

PY2022$30.7KPY2023$89.3K
PY2022
$30,685.58
PY2023
$89,288.99

How IQ Med LLC 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.

IQ Med LLC's total vs. every reporting company

CMS Open Payments, Program Year 2024

$260,210 Top 48% higher than 52% 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%). This entry sits in this band. $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 IQ Med LLC

Rank #923 of 1,925 companies in CMS Open Payments for 2024 belongs to IQ Med LLC, which reported $260,210.00 across 4 transactions to 0 recipients - a comparatively small 0.0% slice of all industry payments reported nationwide for the year. Averages work out to $65.1K per transaction and $0.00 per recipient.

The 0-category breakdown below covers general payments only (see our methodology for how research and ownership payments are reported separately). Payments are distributed across multiple categories without a dominant single type.

Payment Size Analysis

Average transaction size: $65.1K. Average per recipient: $0.00.

Total Amount

$260,210.00

Avg per Transaction

$65.1K

Avg per Recipient

$0.00

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

IQ Med LLC Share

0.0%

#923 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to IQ Med LLC

ETS Wound Care LLC

$260.4K 942 recipients

ClearFlow Inc.

$259.3K 51 recipients

Ossur Americas, Inc.

$259.2K 1,080 recipients

Urgo Medical North America, LLC

$258.8K 3,944 recipients

Surgical Information Sciences, Inc.

$258.3K 6 recipients

Ascensia Diabetes Care Us Inc.

$258.2K 3,812 recipients

Frequently Asked Questions

How much did IQ Med LLC pay to physicians and hospitals in 2024? ▾
IQ Med LLC made $260,210.00 in payments to physicians and hospitals in Program Year 2024, across 4 individual transactions. This represents 0.0% of all industry payments reported to CMS Open Payments.
How many physicians received payments from IQ Med LLC? ▾
IQ Med LLC made payments to 0 physicians and teaching hospitals in 2024. The average payment per recipient was $0.00.
What types of payments did IQ Med LLC make? ▾
General payments from IQ Med LLC span 0 distinct categories, covering things like consulting, meals, and travel.
How does IQ Med LLC rank among pharmaceutical companies? ▾
IQ Med LLC ranks #923 out of 1,925 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from IQ Med LLC? ▾
IQ Med LLC's 4 transactions to 0 recipients in 2024 averaged $65.1K per transaction.
Where does the payment data for IQ Med 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: $13.9B 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.