PlainPharmaWatch

CMS Open Payments · Program Year 2024

Philips North America LLC

Philips North America LLC reported $15,677,662.27 in payments to 35,252 physicians and teaching hospitals across 35,552 transactions.

See the rankings → How this is sourced
$15.7M
Total payments
35,552
Transactions
35,252
Recipients
−$4.4K
General Payments vs PY2023

Philips North America LLC reported $15,677,662.27 in payments to 35,252 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #122 of 1,925 reporting manufacturers (0.1% of all US industry payments), averaging $444.73 per recipient across 14 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

Philips North America LLC pairs top-10% payment volume with an unusually diversified payment pattern across a wide recipient base.

#122
of 1,925 companies
0.1%
of all US industry payments
0.0%
paid to its single top recipient
14
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

Philips North America LLC's CMS-reported General Payments decreased by $4.4K (−0.1%) 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: PHILIPS NORTH AMERICA LLCPY2023: PHILIPS NORTH AMERICA LLCPY2024: Philips North America LLC. 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$6.2MPY2024$6.2M
PY2023
$6,237,175.87
PY2024
$6,232,796.25

How Philips North America LLC 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.

Philips North America LLC's total vs. every reporting company

CMS Open Payments, Program Year 2024

$15,677,662 Top 6% higher than 94% 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%). Below this entry. $25,112–$78,003: 249 reporting companies (13%). Below this entry. $78,003–$242,294: 295 reporting companies (15%). Below this entry. $242,294–$752,621: 270 reporting companies (14%). Below this entry. $752,621–$2,337,813: 263 reporting companies (14%). Below this entry. $2,337,813–$7,261,783: 200 reporting companies (10%). Below this entry. $7,261,783–$22,556,757: 133 reporting companies (7%). This entry sits in this band. $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 Philips North America LLC

Averaging $440.98 per transaction and $444.73 per recipient, Philips North America LLC's Program Year 2024 total comes to $15,677,662.27 across 35,552 transactions and 35,252 physicians and teaching hospitals. In the CMS Open Payments database that is good for rank #122 of 1,925 companies, representing 0.1% of all industry payments reported nationwide for the year.

"Consulting Fee" leads the 14-category general-payment breakdown below at $2.3M (14.6% of the company's reported total, 628 transactions) - see our methodology for how research and ownership payments are reported separately.

General Payment Breakdown by Type

Philips North America LLC made 14 types of general payments. "Consulting Fee" is the largest category at $2.3M, 14.6% of the company's reported total.

How Philips North America LLC divides its payments

How the reported total splits across payment categories

1. Consulting Fee$2.3M2. Travel and Lodging$1.4M3. Food and Beverage$920.6K4. Honoraria$810.0K5. Royalty or License$424.2K6. Space Rental or Facility …$138.2K7. Long-Term Medical Supply …$110.8K8. Compensation for Faculty …$50.5K9. Acquisitions$28.8K10. Education$11.8K
Payment Type Amount Transactions
Consulting Fee $2.3M 628
Travel and Lodging $1.4M 2,282
Food and Beverage $920.6K 31,794
Honoraria $810.0K 380
Royalty or License $424.2K 20
Space Rental or Facility Fees $138.2K 21
Long-Term Medical Supply or Device Loan $110.8K 48
Compensation for Faculty or Speaker (Medical Education) $50.5K 6
Acquisitions $28.8K 1
Education $11.8K 65
Gift $9.4K 2
Compensation for Services Other Than Consulting $6.0K 2
Grant $1.5K 1
Entertainment $54.06 2

Recipient Concentration in General Payments

The five largest recipient relationships account for $634,064.33 (10.2%) of $6,232,796.25 in this company's General Payments records across 18,649 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 Philips North America LLC

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

Dana-Farber Cancer Institute$271.4KShephal Doshi$102.7KEdris Aman$88.0KGagan Singh$87.3KRichard Barr$84.7K
  1. 1

    Dana-Farber Cancer Institute

    $271,390.00 across 4 reported transactions

  2. 2

    Shephal Doshi

    $102,703.50 across 49 reported transactions

  3. 3

    Edris Aman

    $87,970.57 across 33 reported transactions

  4. 4

    Gagan Singh

    $87,304.12 across 38 reported transactions

  5. 5

    Richard Barr

    $84,696.14 across 64 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: $440.98. Average per recipient: $444.73.

Total Amount

$15,677,662.27

Avg per Transaction

$440.98

Avg per Recipient

$444.73

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

Philips North America LLC Share

0.1%

#122 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to Philips North America LLC

Bausch & Lomb Americas Inc.

$15.7M 89,341 recipients

Organon Llc

$15.7M 45,951 recipients

American Rheumatology Network, LLC

$15.9M 12 recipients

Heartflow, Inc.

$16.0M 9,587 recipients

Roche TCRC, Inc.

$15.4M 1 recipients

Biosense Webster, Inc.

$15.3M 28,126 recipients

Frequently Asked Questions

How much did Philips North America LLC pay to physicians and hospitals in 2024? ▾
Philips North America LLC made $15,677,662.27 in payments to physicians and hospitals in Program Year 2024, across 35,552 individual transactions. This represents 0.1% of all industry payments reported to CMS Open Payments.
How many physicians received payments from Philips North America LLC? ▾
35,252 physicians and teaching hospitals received payments from Philips North America LLC in 2024, averaging $444.73 per recipient.
What types of payments did Philips North America LLC make? ▾
General payments from Philips North America LLC span 14 distinct categories, covering things like consulting, meals, and travel. The largest general-payment category was "Consulting Fee" at $2.3M, representing 14.6% of the company's reported total.
How does Philips North America LLC rank among pharmaceutical companies? ▾
Out of 1,925 companies in the CMS Open Payments database for 2024, Philips North America LLC ranks #122 by total payment amount.
What is the average payment size from Philips North America LLC? ▾
In 2024, Philips North America LLC averaged $440.98 per transaction across 35,552 transactions to 35,252 recipients.
Where does the payment data for Philips North America LLC 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.