PlainPharmaWatch

CMS Open Payments · Program Year 2024

Oak Med, Inc.

Oak Med, Inc. reported $9,537.57 in payments to 106 physicians and teaching hospitals across 106 transactions.

See the rankings → How this is sourced
$9.5K
Total payments
106
Transactions
106
Recipients
#1650
of 1,925 companies

Oak Med, Inc. reported $9,537.57 in payments to 106 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #1650 of 1,925 reporting manufacturers (0.0% of all US industry payments), averaging $89.98 per recipient across 2 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

Oak Med, Inc. pairs modest payment volume with an unusually diversified payment pattern across a wide recipient base.

#1650
of 1,925 companies
0.0%
of all US industry payments
0.1%
paid to its single top recipient
2
payment categories

How Oak Med, 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.

Oak Med, Inc.'s total vs. every reporting company

CMS Open Payments, Program Year 2024

$9,538 14th percentile higher than 14% 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%). Below this entry. $2,603–$8,084: 114 reporting companies (6%). Below this entry. $8,084–$25,112: 167 reporting companies (9%). This entry sits in this band. $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 Oak Med, Inc.

Oak Med, Inc. ranks #1650 out of 1,925 companies in the CMS Open Payments database for Program Year 2024, a comparatively small 0.0% slice of all industry payments reported nationwide for the year. The underlying total is $9,537.57 across 106 transactions to 106 physicians and teaching hospitals - $89.98 per transaction and $89.98 per recipient on average.

"Food and Beverage" leads the 2-category general-payment breakdown below at $7.8K (81.8% of the company's reported total, 101 transactions) - see our methodology for how research and ownership payments are reported separately.

General Payment Breakdown by Type

Across 2 types of general payments, Oak Med, Inc.'s largest category was "Food and Beverage" at $7.8K - 81.8% of the company's reported total.

How Oak Med, Inc. divides its payments

How the reported total splits across payment categories

1. Food and Beverage$7.8K2. Travel and Lodging$1.7K
Payment Type Amount Transactions
Food and Beverage $7.8K 101
Travel and Lodging $1.7K 5

Recipient Concentration in General Payments

The five largest recipient relationships account for $2,488.05 (26.1%) of $9,537.57 in this company's General Payments records across 81 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 Oak Med, Inc.

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

Bryn Laubacher$800.99Faraz Haque$736.15Kyle Kirchner$391.52Edward Hur$279.75Brett Schiffman$279.64
  1. 1

    Bryn Laubacher

    $800.99 across 3 reported transactions

  2. 2

    Faraz Haque

    $736.15 across 4 reported transactions

  3. 3

    Kyle Kirchner

    $391.52 across 4 reported transactions

  4. 4

    Edward Hur

    $279.75 across 3 reported transactions

  5. 5

    Brett Schiffman

    $279.64 across 2 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: $89.98. Average per recipient: $89.98.

Total Amount

$9,537.57

Avg per Transaction

$89.98

Avg per Recipient

$89.98

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

Oak Med, Inc. Share

0.0%

#1650 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to Oak Med, Inc.

Watermark Medical, Inc.

$9.7K 534 recipients

Pyros Pharmaceuticals, Inc.

$9.7K 260 recipients

CMF Medicon Surgical Inc.

$9.8K 7 recipients

Greer Laboratories, Inc.

$9.8K 413 recipients

Streck LLC

$9.8K 23 recipients

Myomo, Inc

$9.3K 14 recipients

Frequently Asked Questions

How much did Oak Med, Inc. pay to physicians and hospitals in 2024? ▾
In Program Year 2024, CMS Open Payments recorded $9,537.57 from Oak Med, Inc. to physicians and hospitals across 106 transactions - 0.0% of all industry payments reported that year.
How many physicians received payments from Oak Med, Inc.? ▾
Averaging $89.98 per recipient, Oak Med, Inc.'s 2024 payments reached 106 physicians and teaching hospitals.
What types of payments did Oak Med, Inc. make? ▾
2 categories of general payment make up Oak Med, Inc.'s reported activity, including consulting, meals, travel, and similar types. The largest general-payment category was "Food and Beverage" at $7.8K, representing 81.8% of the company's reported total.
How does Oak Med, Inc. rank among pharmaceutical companies? ▾
Oak Med, Inc. ranks #1650 out of 1,925 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from Oak Med, Inc.? ▾
In 2024, Oak Med, Inc. averaged $89.98 per transaction across 106 transactions to 106 recipients.
Where does the payment data for Oak Med, Inc. 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.