PlainPharmaWatch

CMS Open Payments · Program Year 2024

New World Medical,inc.

New World Medical,inc. reported $2,229,133.94 across General Payments, Research, and Ownership to 3,180 physicians and teaching hospitals across 3,294 transactions.

See the rankings → How this is sourced
$2.2M
All-tracks total
3,294
Transactions
3,180
Recipients
−$95.3K
General Payments vs PY2023

New World Medical,inc. reported $2,229,133.94 across all CMS Open Payments tracks (General + Research + Ownership) to 3,180 physicians and teaching hospitals in Program Year 2024 - ranking #426 of 1,925 reporting manufacturers (0.0% of the all-tracks industry total); General Payments alone were $334,148.45, averaging $700.99 per recipient.

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 publisher.

CMS Sunshine Act warrant

Manufacturer new-world-medical-inc New World Medical,inc.

$2.2M · #426/1,925 · 0.0% industry · PY2024

  • TOT $2.2M
  • RANK #426
  • SHARE 0.0%
  • TXN 3,294
  • RCP 3,180
  • CAT 3
  • GEN $334.1K
  • ΔGEN −$95.3K
  • TOP1 6.2%
  • PY 2024

Volume peers

Nearest volume peer: Orchard Therapeutics North America ($2.2M)

Fujirebio Diagnostics, Incor…$2.2MOrchard Therapeutics North A…$2.2MNew World Medical,inc. (this)$2.2MSmarter Devices, LLC$2.2MUnited Imaging Healthcare No…$2.2M
All-tracks payment totals near New World Medical,inc. (CMS Open Payments PY2024)

New World Medical,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

New World Medical,inc.'s CMS-reported General Payments decreased by $95.3K (−22.2%) 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: NEW WORLD MEDICAL,INC.PY2023: NEW WORLD MEDICAL,INC.PY2024: NEW WORLD MEDICAL,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$429.5KPY2024$334.1K
PY2023
$429,480.05
PY2024
$334,148.45

What the Data Shows for New World Medical,inc.

Rank #426 of 1,925 companies in CMS Open Payments for 2024 belongs to New World Medical,inc., which reported $2,229,133.94 across 3,294 transactions to 3,180 recipients - a comparatively small 0.0% slice of all industry payments reported nationwide for the year. Averages work out to $676.73 per transaction and $700.99 per recipient.

The 3-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 "Food and Beverage" at $175.7K, accounting for 52.6% of this company's General Payments and 3,075 transactions.

General Payment Breakdown by Type

Across 3 types of general payments, New World Medical,inc.'s largest category was "Food and Beverage" at $175.7K - 52.6% of General Payments.

How New World Medical,inc. divides its payments

General-payment categories, ordered by reported total

1. Food and Beverage$175.7K2. Honoraria$145.7K3. Travel and Lodging$12.8K
Payment Type Amount Transactions
Food and Beverage $175.7K 3,075
Honoraria $145.7K 99
Travel and Lodging $12.8K 6

Recipient Concentration in General Payments

The five largest recipient relationships account for $59,313.20 (17.8%) of $334,148.45 in this company's General Payments records across 1,414 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 New World Medical,inc.

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

Jai G Parekh$20.9KAnalisa Arosemena$15.7KLeon Walker Herndon$10.3KRaju Sarwal$7.2KBac Nguyen$5.2K
  1. 1

    Jai G Parekh

    $20,880.91 across 30 reported transactions

  2. 2

    Analisa Arosemena

    $15,697.25 across 21 reported transactions

  3. 3

    Leon Walker Herndon

    $10,315.91 across 5 reported transactions

  4. 4

    Raju Sarwal

    $7,169.46 across 16 reported transactions

  5. 5

    Bac Nguyen

    $5,249.67 across 29 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.

Similarly Concentrated Companies

Companies whose General Payments are spread across recipients about as (un)evenly as New World Medical,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 New World Medical,inc..

BIOTRONIK NRO, Inc.

HHI 114

Sobi, Inc

HHI 114

Pyros Pharmaceuticals, Inc.

HHI 114

Exact Sciences Corporation

HHI 115

Companies with Similar Payment Volumes

Open a profile or compare a similar company's CMS-reported payment pattern with New World Medical,inc..

Showing 6 of 1,924 companies with CMS-reported payment data.

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
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 2026-07-26.