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CMS PY 2024 Company profile Open Payments data

ORTHOPEDIATRICS CORP.

ORTHOPEDIATRICS CORP. reported $2.7M in payments to physicians and teaching hospitals across 730 transactions in CMS Open Payments PY 2024.

Pharmaceutical payment transparency data for ORTHOPEDIATRICS CORP.. Ranked #372 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.

Payment Overview

Total Payments

$2.7M

0.0% of all payments

Transactions

730

$3.6K avg

Recipients

730

$3.6K avg

Industry Rank

#372

of 1,797 companies

What the Data Shows for ORTHOPEDIATRICS CORP.

In Program Year 2024, ORTHOPEDIATRICS CORP. reported $2,663,289.47 in payments to 730 physicians and teaching hospitals across 730 individual transactions — an average of $3.6K per transaction and $3.6K per recipient. That total places ORTHOPEDIATRICS CORP. at rank #372 out of 1,797 companies in the CMS Open Payments database, representing 0.0% of all industry payments reported nationwide for the year. Payment volume at this scale is characteristic of manufacturers with broad prescriber engagement, active clinical research programs, or patented therapies generating ongoing royalty obligations.

The payment mix for ORTHOPEDIATRICS CORP. spans 7 distinct categories defined by CMS — including general payments (consulting, speaker fees, meals, travel), research payments tied to clinical trials, and ownership or investment interests. The largest single category is "Royalty or License" at $1.3M, accounting for 50.4% of the company's reported total and 27 transactions. This distribution matters because different payment types carry different regulatory and ethical implications: research funding supports clinical development, while general payments like meals and speaker fees have been studied for their correlation with prescribing patterns in peer-reviewed journals such as JAMA Internal Medicine.

Recipient concentration is another useful lens. The top 5 recipients of payments from ORTHOPEDIATRICS CORP. received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 730 recipients. A relatively distributed top-5 share suggests broader engagement across the prescriber community rather than concentration among a handful of high-value relationships. All figures above are drawn directly from the CMS Open Payments Public Use Files for PY2024 and are disclosed under the Physician Payments Sunshine Act; this page summarizes reported financial transfers and does not represent medical advice or judgment about individual prescribing decisions.

Payment Breakdown by Type

ORTHOPEDIATRICS CORP. made 7 types of payments. "Royalty or License" accounts for 50.4%.

Royalty or License $1.3M

50.4% · 27 transactions

Consulting Fee $502.5K

18.9% · 175 transactions

Grant $447.2K

16.8% · 19 transactions

Compensation for Services Other Than Consulting $181.5K

6.8% · 2 transactions

Acquisitions $125.6K

4.7% · 4 transactions

Travel and Lodging $57.5K

2.2% · 380 transactions

Food and Beverage $5.9K

0.2% · 123 transactions

Payment Type Amount Transactions
Royalty or License $1.3M 27
Consulting Fee $502.5K 175
Grant $447.2K 19
Compensation for Services Other Than Consulting $181.5K 2
Acquisitions $125.6K 4
Travel and Lodging $57.5K 380
Food and Beverage $5.9K 123

Payment Size Analysis

Average transaction size: $3.6K. Average per recipient: $3.6K.

Total Amount

$2,663,289.47

Avg per Transaction

$3.6K

Avg per Recipient

$3.6K

Payment Transparency Context

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)

$13.3B

across 1,797 companies

ORTHOPEDIATRICS CORP. Share

0.0%

#372 by total payments

Frequently Asked Questions

How much did ORTHOPEDIATRICS CORP. pay to physicians and hospitals in 2024?
ORTHOPEDIATRICS CORP. made $2,663,289.47 in payments to physicians and hospitals in Program Year 2024, across 730 individual transactions. This represents 0.0% of all industry payments reported to CMS Open Payments.
How many physicians received payments from ORTHOPEDIATRICS CORP.?
ORTHOPEDIATRICS CORP. made payments to 730 physicians and teaching hospitals in 2024. The average payment per recipient was $3.6K.
What types of payments did ORTHOPEDIATRICS CORP. make?
ORTHOPEDIATRICS CORP. made 7 different types of payments. The largest category was "Royalty or License" at $1.3M, representing 50.4% of all payments.
How does ORTHOPEDIATRICS CORP. rank among pharmaceutical companies?
ORTHOPEDIATRICS CORP. ranks #372 out of 1,797 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from ORTHOPEDIATRICS CORP.?
The average transaction from ORTHOPEDIATRICS CORP. was $3.6K in 2024. The company made 730 total transactions to 730 recipients.
Are the top recipients concentrated for ORTHOPEDIATRICS CORP.?
The top 5 recipients received $0.00 from ORTHOPEDIATRICS CORP., representing 0.0% of the company's total payments. Payments are relatively well-distributed across recipients.
Where does the payment data for ORTHOPEDIATRICS CORP. 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: $13.3B across 1,797 companies.

Related

Data sourced from official U.S. government datasets. 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.