Biotissue Holdings Inc.
$3.3M 20,909 recipients
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CMS Open Payments · Program Year 2024
Merit Medical Systems Inc
Merit Medical Systems Inc reported $3,329,533.47 across General Payments, Research, and Ownership to 1,352 physicians and teaching hospitals across 1,446 transactions.
- $3.3M Top quartile payer
- All-tracks total
- 1,446 Top quartile volume
- Transactions
- 1,352 Top quartile reach
- Recipients
- +$344.4K
- General Payments vs PY2023
Merit Medical Systems Inc reported $3,329,533.47 across all CMS Open Payments tracks (General + Research + Ownership) to 1,352 physicians and teaching hospitals in Program Year 2024 - ranking #338 of 1,925 reporting manufacturers (0.0% of the all-tracks industry total); General Payments alone were $2,736,320.02, averaging $2.5K per recipient.
How Merit Medical Systems Inc's $3.3M all-tracks total breaks down
Merit Medical Systems Inc's payment reach score
Each tracked dimension is percentile-scored against the national companies corpus, then averaged across only the dimensions that apply to this company, a neutral scale measure of reporting activity, not a rating of quality, safety, or ethics.
Overall reach score
F
43/100
Total payments
F
41/100
Transaction volume
F
20/100
Physician reach
F
20/100
Payment type diversity
A
90/100
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.
CMS Sunshine Act warrant
Manufacturer merit-medical-systems-inc Merit Medical Systems Inc
$3.3M · #338/1,925 · 0.0% industry · PY2024
- TOT $3.3M
- RANK #338
- SHARE 0.0%
- TXN 1,446
- RCP 1,352
- CAT 7
- GEN $2.7M
- ΔGEN +$344.4K
- TOP1 35.1%
- PY 2024
Volume peers
Nearest volume peer: Biotissue Holdings Inc. ($3.3M)
Merit Medical Systems Inc sits among 1,925 manufacturers disclosing under the Physician Payments Sunshine Act. Volume peers below are nearest by all-tracks total, not corporate affiliates. Open the company rankings →
Release-over-release change
General Payments changed from PY2023 to PY2024
Merit Medical Systems Inc's CMS-reported General Payments increased by $344.4K (+14.4%) from PY2023 to PY2024.
How this year-over-year comparison is scoped
The comparison uses consecutive CMS program years only (current = prior + 1) from the manufacturer General Payments summary and excludes research and ownership or investment records. Non-consecutive year pairs are not shown as year-over-year change. This General Payments figure is not the all-tracks company total in the hero.
CMS source labels for this exact identifier: PY2022: MERIT MEDICAL SYSTEMS INCPY2023: MERIT MEDICAL SYSTEMS INCPY2024: Merit Medical Systems 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
- $2,391,945.80
- PY2024
- $2,736,320.02
What the Data Shows for Merit Medical Systems Inc
The all-tracks total above combines three CMS reporting categories - General Payments, Research Payments, and Ownership/Investment interests - not one undifferentiated figure. For Merit Medical Systems Inc, that total blends General Payments (day-to-day consulting, meals, travel and speaking fees, shown separately above) with Research and Ownership/Investment interest records, each governed by its own CMS reporting rules. CMS publishes each Program Year's data roughly 12 months after the reporting period ends, so this reflects the most recently released cycle; see our methodology for how the tracks are standardized and compared across companies.
The 7-category breakdown below covers general payments only (see our methodology for how research and ownership payments are reported separately). The largest general-payment category is "Royalty or License" at $1.9M, accounting for 69.3% of this company's General Payments and 39 transactions.
General Payment Breakdown by Type
"Royalty or License" leads Merit Medical Systems Inc's 7-category general-payment breakdown at $1.9M, 69.3% of the reported total.
Merit Medical Systems Inc reports 7 general-payment categories - the top three are Royalty or License (69.3%), Consulting Fee (17.2%), and Debt Forgiveness (4.7%). The remaining 4 categories make up 8.9% of this company's reported general-payment total. That multi-category mix is the kind of profile single-category reporters cannot show.
How Merit Medical Systems Inc divides its payments
Top payment categories by total reported dollar volume
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Royalty or License | $1.9M | 39 | 69.3% |
| Consulting Fee | $470.2K | 227 | 17.2% |
| Debt Forgiveness | $127.7K | 31 | 4.7% |
| Compensation for Faculty or Speaker (Medical Education) | $107.9K | 44 | 3.9% |
| Grant | $67.4K | 16 | 2.5% |
| Travel and Lodging | $37.0K | 122 | 1.4% |
| Food and Beverage | $31.1K | 873 | 1.1% |
Recipient Concentration in General Payments
The five largest recipient relationships account for $1,954,509.01 (71.4%) of $2,736,320.02 in this company's General Payments records across 827 recipients.
General Payments scope note
Program Year 2024 General Payments view only: excludes research and ownership/investment records, so it is not the all-category company total above.
Largest General-Payment relationships for Merit Medical Systems Inc
The five named recipients with the highest reported General Payments from this company
- 1
Paul Kurth
$960,894.17 across 4 reported transactions
- 2
Seth Worley
$397,764.96 across 32 reported transactions
- 3
Bart Dolmatch
$363,861.45 across 6 reported transactions
- 4
Michael Hallisey
$126,641.43 across 5 reported transactions
- 5
Harold Tabaie
$105,347.00 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.
Spend vs. Concentration
Merit Medical Systems Inc ranks #338 of 1,925 by total payments (top 18% by spend) but spreads that money notably more broadly than its spend rank alone would suggest -- #822 of 1,838 by HHI (top 45% most concentrated), a wider distribution than most similarly sized payers.
View all 12 companies in this HHI neighborhood as a list
- Bolder Surgical, LLC : $49.7K total payments, HHI 1698
- Dompe Farmaceutici S.p.A. : $11.8K total payments, HHI 1694
- Amicus Therapeutics, Inc. : $684.6K total payments, HHI 1692
- Pediatric Alliance LLC : $515.2K total payments, HHI 1687
- Kuros Biosciences AG : $76.3K total payments, HHI 1685
- InfoBionic, Inc : $16.6K total payments, HHI 1680
- Merit Medical Systems Inc (this company) : $2.7M total payments, HHI 1678
- Asahi Intecc Co., Ltd. : $150.9K total payments, HHI 1670
- Southern Implants North America Inc : $127.2K total payments, HHI 1661
- OMNIlife science, Inc : $1.7M total payments, HHI 1654
- Takeda Pharmaceuticals U.S.A., Inc. : $72.8M total payments, HHI 1650
- Merck Healthcare KGaA : $85.4K total payments, HHI 1648
Similarly Concentrated Companies
Companies whose General Payments are spread across recipients about as (un)evenly as Merit Medical Systems Inc's, measured by the same HHI concentration index above, not by payment size.
What HHI 2,500 means here
2,500 is the DOJ/FTC merger-guidelines threshold for "highly concentrated" markets; used here only as a familiar concentration reference, not a legal finding about Merit Medical Systems Inc.
Companies with Similar Payment Volumes
Open a profile or compare a similar company's CMS-reported payment pattern with Merit Medical Systems Inc.
Showing 6 of 1,924 companies with CMS-reported payment data.
Paratek Pharmaceuticals, Inc.
$3.3M 23,113 recipients
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Oyster Point Pharma, Inc.
$3.3M 19,684 recipients
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Nielsen BioSciences, Inc.
$3.3M 0 recipients
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Elekta, Inc.
$3.4M 610 recipients
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LEO Pharma Inc.
$3.3M 38,155 recipients
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Put this to use
Merit Medical Systems Inc ranks #338 of 1,925 by all-tracks total payments, led by "Royalty or License".
- See where Merit Medical Systems Inc sits among every top spender on the full leaderboard. Top 100 by total payments
- Compare "Royalty or License" spend across every manufacturer, not just Merit Medical Systems Inc. Payment type breakdowns
- New to Open Payments? Learn what these figures do and do not show. Read the guide
Reported payments reflect what companies disclosed to CMS; a payment is not evidence of wrongdoing.
Data sourced from CMS Open Payments (Physician Payments Sunshine Act). See our methodology for details. Retrieved and formatted by PlainPharmaWatch
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.
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 2026-07-26.