PlainPharmaWatch

CMS Open Payments · Program Year 2024

Medtec LLC

Medtec LLC reported $1,482.10 in payments to 28 physicians and teaching hospitals across 28 transactions.

See the rankings → How this is sourced
$1.5K
Total payments
28
Transactions
28
Recipients
+$1.3K
General Payments vs PY2023

Medtec LLC reported $1,482.10 in payments to 28 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #1824 of 1,925 reporting manufacturers (0.0% of all US industry payments), averaging $52.93 per recipient across 1 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

Medtec LLC pairs modest payment volume with a broadly spread payment pattern across many recipients.

#1824
of 1,925 companies
0.0%
of all US industry payments
0.2%
paid to its single top recipient
1
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

Medtec LLC's CMS-reported General Payments increased by $1.3K (+610.4%) 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: MEDTEC LLCPY2023: MEDTEC LLCPY2024: MEDTEC 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: PY2023 vs PY2024

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

PY2023$208.64PY2024$1.5K
PY2023
$208.64
PY2024
$1,482.10

How Medtec 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.

Medtec LLC's total vs. every reporting company

CMS Open Payments, Program Year 2024

$1,482 5th percentile higher than 5% 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%). This entry sits in this band. $2,603–$8,084: 114 reporting companies (6%). Above this entry. $8,084–$25,112: 167 reporting companies (9%). Above this entry. $25,112–$78,003: 249 reporting companies (13%). Above this entry. $78,003–$242,294: 295 reporting companies (15%). Above this entry. $242,294–$752,621: 270 reporting companies (14%). Above this entry. $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 Medtec LLC

Averaging $52.93 per transaction and $52.93 per recipient, Medtec LLC's Program Year 2024 total comes to $1,482.10 across 28 transactions and 28 physicians and teaching hospitals. In the CMS Open Payments database that is good for rank #1824 of 1,925 companies, a comparatively small 0.0% slice of all industry payments reported nationwide for the year.

Of the 1 general-payment categories charted below, "Food and Beverage" is the largest at $1.5K across 28 transactions, 100.0% of the company's reported total (see our methodology for how research and ownership payments are reported separately).

General Payment Breakdown by Type

Across 1 types of general payments, Medtec LLC's largest category was "Food and Beverage" at $1.5K - 100.0% of the company's reported total.

How Medtec LLC divides its payments

General-payment categories, ordered by reported total

1. Food and Beverage$1.5K
Payment Type Amount Transactions
Food and Beverage $1.5K 28

Recipient Concentration in General Payments

The five largest recipient relationships account for $952.44 (64.3%) of $1,482.10 in this company's General Payments records across 26 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 Medtec LLC

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

Daniel Kim$368.72Sarah Gao$244.68Lonika Majithia$181.92Jason Hechtman$78.56Erika Nourishirazi$78.56
  1. 1

    Daniel Kim

    $368.72 across 1 reported transactions

  2. 2

    Sarah Gao

    $244.68 across 2 reported transactions

  3. 3

    Lonika Majithia

    $181.92 across 2 reported transactions

  4. 4

    Jason Hechtman

    $78.56 across 1 reported transactions

  5. 5

    Erika Nourishirazi

    $78.56 across 1 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: $52.93. Average per recipient: $52.93.

Total Amount

$1,482.10

Avg per Transaction

$52.93

Avg per Recipient

$52.93

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

Medtec LLC Share

0.0%

#1824 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to Medtec LLC

Omeza LLC

$1.5K 75 recipients

AERAS, Inc.

$1.5K 1 recipients

Nurami Medical Inc

$1.5K 1 recipients

Diality Inc.

$1.5K 6 recipients

Aspero Medical, Inc.

$1.4K 6 recipients

imvaria inc.

$1.4K 5 recipients

Frequently Asked Questions

How much did Medtec LLC pay to physicians and hospitals in 2024? ▾
In Program Year 2024, CMS Open Payments recorded $1,482.10 from Medtec LLC to physicians and hospitals across 28 transactions - 0.0% of all industry payments reported that year.
How many physicians received payments from Medtec LLC? ▾
28 physicians and teaching hospitals received payments from Medtec LLC in 2024, averaging $52.93 per recipient.
What types of payments did Medtec LLC make? ▾
General payments from Medtec LLC span 1 distinct categories, covering things like consulting, meals, and travel. The largest general-payment category was "Food and Beverage" at $1.5K, representing 100.0% of the company's reported total.
How does Medtec LLC rank among pharmaceutical companies? ▾
Out of 1,925 companies in the CMS Open Payments database for 2024, Medtec LLC ranks #1824 by total payment amount.
What is the average payment size from Medtec LLC? ▾
In 2024, Medtec LLC averaged $52.93 per transaction across 28 transactions to 28 recipients.
Where does the payment data for Medtec 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.