PlainPharmaWatch

CMS Open Payments · Program Year 2024

MED-EL Corporation

MED-EL Corporation reported $2,499,299.30 in payments to 1,224 physicians and teaching hospitals across 1,289 transactions.

See the rankings → How this is sourced
$2.5M
Total payments
1,289
Transactions
1,224
Recipients
+$522.3K
General Payments vs PY2023

MED-EL Corporation reported $2,499,299.30 in payments to 1,224 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #403 of 1,925 reporting manufacturers (0.0% of all US industry payments), averaging $2.0K per recipient across 8 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

MED-EL Corporation pairs top-quartile payment volume with a broadly spread payment pattern across many recipients.

#403
of 1,925 companies
0.0%
of all US industry payments
0.1%
paid to its single top recipient
8
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

MED-EL Corporation's CMS-reported General Payments increased by $522.3K (+96.8%) 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: MED-EL CORPORATIONPY2023: MED-EL CORPORATIONPY2024: MED-EL Corporation. 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$539.3KPY2024$1.1M
PY2023
$539,327.89
PY2024
$1,061,630.72

How MED-EL Corporation 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.

MED-EL Corporation's total vs. every reporting company

CMS Open Payments, Program Year 2024

$2,499,299 Top 21% higher than 79% 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%). This entry sits in this band. $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 MED-EL Corporation

In Program Year 2024, MED-EL Corporation reported $2,499,299.30 in payments to 1,224 physicians and teaching hospitals across 1,289 individual transactions, an average of $1.9K per transaction and $2.0K per recipient. That total places MED-EL Corporation at rank #403 out of 1,925 companies in the CMS Open Payments database, a comparatively small 0.0% slice of all industry payments reported nationwide for the year.

"Long-Term Medical Supply or Device Loan" leads the 8-category general-payment breakdown below at $457.5K (18.3% of the company's reported total, 71 transactions) - see our methodology for how research and ownership payments are reported separately.

General Payment Breakdown by Type

"Long-Term Medical Supply or Device Loan" leads MED-EL Corporation's 8-category general-payment breakdown at $457.5K, 18.3% of the reported total.

How MED-EL Corporation divides its payments

Top payment categories by total reported dollar volume

1. Long-Term Medical Supply …$457.5K2. Travel and Lodging$226.0K3. Consulting Fee$203.4K4. Grant$57.8K5. Food and Beverage$48.6K6. Honoraria$36.4K7. Education$31.1K8. Charitable Contribution$897.42
Payment Type Amount Transactions
Long-Term Medical Supply or Device Loan $457.5K 71
Travel and Lodging $226.0K 377
Consulting Fee $203.4K 31
Grant $57.8K 12
Food and Beverage $48.6K 686
Honoraria $36.4K 8
Education $31.1K 37
Charitable Contribution $897.42 2

Recipient Concentration in General Payments

The five largest recipient relationships account for $426,965.76 (40.2%) of $1,061,630.72 in this company's General Payments records across 300 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 MED-EL Corporation

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

Hinrich Staecker$146.6KChildrens Hospital Colorado$102.5KUniversity Of Wi Hospitals &…$72.7KKevin David Brown$59.7KOhsu Hospital And Clinics$45.5K
  1. 1

    Hinrich Staecker

    $146,558.08 across 13 reported transactions

  2. 2

    Childrens Hospital Colorado

    $102,500.00 across 12 reported transactions

  3. 3

    University Of Wi Hospitals & Clinics

    $72,720.00 across 8 reported transactions

  4. 4

    Kevin David Brown

    $59,737.68 across 99 reported transactions

  5. 5

    Ohsu Hospital And Clinics

    $45,450.00 across 5 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: $1.9K. Average per recipient: $2.0K.

Total Amount

$2,499,299.30

Avg per Transaction

$1.9K

Avg per Recipient

$2.0K

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

MED-EL Corporation Share

0.0%

#403 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to MED-EL Corporation

Centerline Biomedical Inc.

$2.5M 53 recipients

Tolmar, Inc.

$2.5M 10,552 recipients

CoapTech, Inc.

$2.5M 41 recipients

Otsuka Pharmaceutical Co., Ltd.

$2.5M 193 recipients

HAPPE Spine

$2.5M 10 recipients

TerSera Therapeutics LLC

$2.5M 5,974 recipients

Frequently Asked Questions

How much did MED-EL Corporation pay to physicians and hospitals in 2024? ▾
In Program Year 2024, CMS Open Payments recorded $2,499,299.30 from MED-EL Corporation to physicians and hospitals across 1,289 transactions - 0.0% of all industry payments reported that year.
How many physicians received payments from MED-EL Corporation? ▾
Averaging $2.0K per recipient, MED-EL Corporation's 2024 payments reached 1,224 physicians and teaching hospitals.
What types of payments did MED-EL Corporation make? ▾
8 categories of general payment make up MED-EL Corporation's reported activity, including consulting, meals, travel, and similar types. The largest general-payment category was "Long-Term Medical Supply or Device Loan" at $457.5K, representing 18.3% of the company's reported total.
How does MED-EL Corporation rank among pharmaceutical companies? ▾
MED-EL Corporation ranks #403 out of 1,925 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from MED-EL Corporation? ▾
The average transaction from MED-EL Corporation was $1.9K in 2024. The company made 1,289 total transactions to 1,224 recipients.
Where does the payment data for MED-EL Corporation 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.