MEDICAL DEVICE BUSINESS SERVICES, INC.
MEDICAL DEVICE BUSINESS SERVICES, INC. reported $30.6M in payments to physicians and teaching hospitals across 32,649 transactions in CMS Open Payments PY 2024.
Pharmaceutical payment transparency data for MEDICAL DEVICE BUSINESS SERVICES, INC.. Ranked #66 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.
Payment Overview
Total Payments
$30.6M
0.2% of all payments
Transactions
32,649
$936.64 avg
Recipients
31,611
$967.40 avg
Industry Rank
#66
of 1,797 companies
What the Data Shows for MEDICAL DEVICE BUSINESS SERVICES, INC.
In Program Year 2024, MEDICAL DEVICE BUSINESS SERVICES, INC. reported $30,580,407.68 in payments to 31,611 physicians and teaching hospitals across 32,649 individual transactions — an average of $936.64 per transaction and $967.40 per recipient. That total places MEDICAL DEVICE BUSINESS SERVICES, INC. at rank #66 out of 1,797 companies in the CMS Open Payments database, representing 0.2% 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 MEDICAL DEVICE BUSINESS SERVICES, INC. spans 9 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 "Consulting Fee" at $14.7M, accounting for 47.9% of the company's reported total and 4,886 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 MEDICAL DEVICE BUSINESS SERVICES, INC. received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 31,611 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
MEDICAL DEVICE BUSINESS SERVICES, INC. made 9 types of payments. "Consulting Fee" accounts for 47.9%.
47.9% · 4,886 transactions
11.4% · 9,076 transactions
6.9% · 293 transactions
6.1% · 560 transactions
2.4% · 14,259 transactions
1.3% · 2,464 transactions
1.2% · 32 transactions
0.8% · 4 transactions
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Consulting Fee | $14.7M | 4,886 | 47.9% |
| Travel and Lodging | $3.5M | 9,076 | 11.4% |
| Grant | $2.1M | 293 | 6.9% |
| Space Rental or Facility Fees | $1.9M | 560 | 6.1% |
| Food and Beverage | $729.8K | 14,259 | 2.4% |
| Education | $409.8K | 2,464 | 1.3% |
| Royalty or License | $372.7K | 32 | 1.2% |
| Compensation for Services Other Than Consulting | $254.9K | 4 | 0.8% |
| Gift | $142.45 | 37 | 0.0% |
Payment Size Analysis
Average transaction size: $936.64. Average per recipient: $967.40.
Total Amount
$30,580,407.68
Avg per Transaction
$936.64
Avg per Recipient
$967.40
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
MEDICAL DEVICE BUSINESS SERVICES, INC. Share
0.2%
#66 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.
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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.
