PlainPharmaWatch

CMS Open Payments · Program Year 2024

LKC Technologies, Inc.

LKC Technologies, Inc. reported $275,695.88 in payments to 2,588 physicians and teaching hospitals across 2,588 transactions.

$275.7K
Total payments
2,588
Transactions
2,588
Recipients
+$111.6K
General Payments vs PY2023

LKC Technologies, Inc. reported $275,695.88 in payments to 2,588 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #907 of 1,925 reporting manufacturers (0.0% of all US industry payments), averaging $106.53 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.

The verdict

LKC Technologies, Inc. pairs above-median payment volume with a broadly spread payment pattern across many recipients.

#907
of 1,925 companies
0.0%
of all US industry payments
0.2%
paid to its single top recipient
3
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

LKC Technologies, Inc.'s CMS-reported General Payments increased by $111.6K (+68.1%) 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: LKC TECHNOLOGIES, INC.PY2023: LKC TECHNOLOGIES, INC.PY2024: LKC Technologies, 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$164.0KPY2024$275.7K
PY2023
$164,046.16
PY2024
$275,695.88

How LKC Technologies, 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.

LKC Technologies, Inc.'s total vs. every reporting company

CMS Open Payments, Program Year 2024

$275,696 Top 47% higher than 53% 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 LKC Technologies, Inc.

$275,695.88: that is what LKC Technologies, Inc. reported in payments to 2,588 physicians and teaching hospitals during Program Year 2024, spread across 2,588 transactions ($106.53 per transaction, $106.53 per recipient). The company sits at rank #907 of 1,925, a comparatively small 0.0% slice of all industry payments reported nationwide for the year.

Of the 3 general-payment categories charted below, "Food and Beverage" is the largest at $189.9K across 2,513 transactions, 68.9% of the company's reported total (see our methodology for how research and ownership payments are reported separately).

General Payment Breakdown by Type

"Food and Beverage" leads LKC Technologies, Inc.'s 3-category general-payment breakdown at $189.9K, 68.9% of the reported total.

How LKC Technologies, Inc. divides its payments

How the reported total splits across payment categories

1. Food and Beverage$189.9K2. Honoraria$82.4K3. Travel and Lodging$3.4K
Payment Type Amount Transactions
Food and Beverage $189.9K 2,513
Honoraria $82.4K 69
Travel and Lodging $3.4K 6

Recipient Concentration in General Payments

The five largest recipient relationships account for $84,156.94 (30.5%) of $275,695.88 in this company's General Payments records across 2,122 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 LKC Technologies, Inc.

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

Nathan R Lighthizer$67.5KMichael J Cymbor$6.9KAlan P Chous$3.9KBobby W Wood Jr$3.6KFrances D Bynum$2.2K
  1. 1

    Nathan R Lighthizer

    $67,485.78 across 51 reported transactions

  2. 2

    Michael J Cymbor

    $6,881.16 across 11 reported transactions

  3. 3

    Alan P Chous

    $3,933.61 across 11 reported transactions

  4. 4

    Bobby W Wood Jr

    $3,630.55 across 10 reported transactions

  5. 5

    Frances D Bynum

    $2,225.84 across 3 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: $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

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

LKC Technologies, Inc. Share

0.0%

#907 by total payments

Frequently Asked Questions

How much did LKC Technologies, Inc. pay to physicians and hospitals in 2024?
0.0% of all industry payments reported to CMS Open Payments for 2024 came from LKC Technologies, Inc., totaling $275,695.88 across 2,588 transactions to physicians and hospitals.
How many physicians received payments from LKC Technologies, Inc.?
2,588 physicians and teaching hospitals received payments from LKC Technologies, Inc. in 2024, averaging $106.53 per recipient.
What types of payments did LKC Technologies, Inc. make?
General payments from LKC Technologies, Inc. span 3 distinct categories, covering things like consulting, meals, and travel. The largest general-payment category was "Food and Beverage" at $189.9K, representing 68.9% of the company's reported total.
How does LKC Technologies, Inc. rank among pharmaceutical companies?
By total payment amount, LKC Technologies, Inc. sits at #907 of 1,925 companies in the CMS Open Payments database for 2024.
What is the average payment size from LKC Technologies, Inc.?
The average transaction from LKC Technologies, Inc. was $106.53 in 2024. The company made 2,588 total transactions to 2,588 recipients.
Where does the payment data for LKC Technologies, 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.

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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.