CMS Open Payments · Program Year 2024
Milestone Scientific Inc.
Milestone Scientific Inc. reported $1,902,287.77 in payments to 47 physicians and teaching hospitals across 54 transactions.
- $1.9M
- Total payments
- 54
- Transactions
- 47
- Recipients
- +$576.0K
- General Payments vs PY2023
Milestone Scientific Inc. reported $1,902,287.77 in payments to 47 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #461 of 1,925 reporting manufacturers (0.0% of all US industry payments), averaging $40.5K per recipient across 6 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
Milestone Scientific Inc. pairs top-quartile payment volume with a concentrated payment pattern focused on a handful of top recipients.
- #461
- of 1,925 companies
- 0.0%
- of all US industry payments
- 0.8%
- paid to its single top recipient
- 6
- payment categories
Release-over-release change
General Payments changed from PY2023 to PY2024
Milestone Scientific Inc.'s CMS-reported General Payments increased by $576.0K (+78.8%) 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: MILESTONE SCIENTIFIC INC.PY2023: MILESTONE SCIENTIFIC INC.PY2024: Milestone Scientific Inc.. Matching identifiers support a bounded record comparison; a label difference would be reported as unresolved rather than treated as a corporate event.
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General Payments: PY2023 vs PY2024
Annual CMS-reported totals for this company, not an all-category Open Payments total
- PY2023
- $730,882.74
- PY2024
- $1,306,839.43
How Milestone Scientific 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.
Milestone Scientific Inc.'s total vs. every reporting company
CMS Open Payments, Program Year 2024
$1,902,288 Top 24% higher than 76% of 1,925 reporting companies
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 Milestone Scientific Inc.
In Program Year 2024, Milestone Scientific Inc. reported $1,902,287.77 in payments to 47 physicians and teaching hospitals across 54 individual transactions, an average of $35.2K per transaction and $40.5K per recipient. That total places Milestone Scientific Inc. at rank #461 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.
Of the 6 general-payment categories charted below, "Royalty or License" is the largest at $892.7K across 8 transactions, 46.9% of the company's reported total (see our methodology for how research and ownership payments are reported separately).
General Payment Breakdown by Type
"Royalty or License" leads Milestone Scientific Inc.'s 6-category general-payment breakdown at $892.7K, 46.9% of the reported total.
How Milestone Scientific Inc. divides its payments
Ranked by total dollars reported per category
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Royalty or License | $892.7K | 8 | 46.9% |
| Compensation for Services Other Than Consulting | $238.5K | 14 | 12.5% |
| Consulting Fee | $172.4K | 17 | 9.1% |
| Travel and Lodging | $1.8K | 3 | 0.1% |
| Long-Term Medical Supply or Device Loan | $1.4K | 4 | 0.1% |
| Food and Beverage | $75.09 | 1 | 0.0% |
Recipient Concentration in General Payments
The five largest recipient relationships account for $1,300,648.43 (99.5%) of $1,306,839.43 in this company's General Payments records across 9 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 Milestone Scientific Inc.
The five named recipients with the highest reported General Payments from this company
- 1
Mark Hochman
$1,056,794.43 across 32 reported transactions
- 2
Maged A El-Malecki
$149,845.36 across 1 reported transactions
- 3
Ralf E Gebhard
$49,924.18 across 2 reported transactions
- 4
Jack Ringer
$34,484.46 across 5 reported transactions
- 5
David S Hornbrook
$9,600.00 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: $35.2K. Average per recipient: $40.5K.
Total Amount
$1,902,287.77
Avg per Transaction
$35.2K
Avg per Recipient
$40.5K
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
Milestone Scientific Inc. Share
0.0%
#461 by total payments
Companies with Similar Payment Volumes
Pharmaceutical companies with payment totals similar to Milestone Scientific Inc.
Lantheus Medical Imaging, Inc.
Pharming Healthcare, Inc.
iRhythm Technologies, Inc.
Spark Therapeutics, Inc.
Applied Medical Resources Corporation
Acrotech Biopharma Inc.
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: $13.9B across 1,925 companies.
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 2026-07-25.