LKC TECHNOLOGIES, INC.
LKC TECHNOLOGIES, INC. reported $275.7K in payments to physicians and teaching hospitals across 2,588 transactions in CMS Open Payments PY 2024.
Pharmaceutical payment transparency data for LKC TECHNOLOGIES, INC.. Ranked #852 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.
Payment Overview
Total Payments
$275.7K
0.0% of all payments
Transactions
2,588
$106.53 avg
Recipients
2,588
$106.53 avg
Industry Rank
#852
of 1,797 companies
What the Data Shows for LKC TECHNOLOGIES, INC.
In Program Year 2024, LKC TECHNOLOGIES, INC. reported $275,695.88 in payments to 2,588 physicians and teaching hospitals across 2,588 individual transactions — an average of $106.53 per transaction and $106.53 per recipient. That total places LKC TECHNOLOGIES, INC. at rank #852 out of 1,797 companies in the CMS Open Payments database, representing 0.0% of all industry payments reported nationwide for the year. Payment volume at this scale is characteristic of manufacturers with broad prescriber engagement, active clinical research programs, or patented therapies generating ongoing royalty obligations.
The payment mix for LKC TECHNOLOGIES, INC. spans 3 distinct categories defined by CMS — including general payments (consulting, speaker fees, meals, travel), research payments tied to clinical trials, and ownership or investment interests. The largest single category is "Food and Beverage" at $189.9K, accounting for 68.9% of the company's reported total and 2,513 transactions. This distribution matters because different payment types carry different regulatory and ethical implications: research funding supports clinical development, while general payments like meals and speaker fees have been studied for their correlation with prescribing patterns in peer-reviewed journals such as JAMA Internal Medicine.
Recipient concentration is another useful lens. The top 5 recipients of payments from LKC TECHNOLOGIES, INC. received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 2,588 recipients. A relatively distributed top-5 share suggests broader engagement across the prescriber community rather than concentration among a handful of high-value relationships. All figures above are drawn directly from the CMS Open Payments Public Use Files for PY2024 and are disclosed under the Physician Payments Sunshine Act; this page summarizes reported financial transfers and does not represent medical advice or judgment about individual prescribing decisions.
Payment Breakdown by Type
LKC TECHNOLOGIES, INC. made 3 types of payments. "Food and Beverage" accounts for 68.9%.
68.9% · 2,513 transactions
29.9% · 69 transactions
1.3% · 6 transactions
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Food and Beverage | $189.9K | 2,513 | 68.9% |
| Honoraria | $82.4K | 69 | 29.9% |
| Travel and Lodging | $3.4K | 6 | 1.3% |
Payment Size Analysis
Average transaction size: $106.53. Average per recipient: $106.53.
Total Amount
$275,695.88
Avg per Transaction
$106.53
Avg per Recipient
$106.53
Payment Transparency Context
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)
$13.3B
across 1,797 companies
LKC TECHNOLOGIES, INC. Share
0.0%
#852 by total payments
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Frequently Asked Questions
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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: $13.3B across 1,797 companies.
Related
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.
