Padagis US LLC
$436.5K 0 recipients
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CMS Open Payments · Program Year 2024
PhotoniCare Inc
PhotoniCare Inc reported $437,525.51 across General Payments, Research, and Ownership to 200 physicians and teaching hospitals across 207 transactions.
- $437.5K
- All-tracks total
- 207
- Transactions
- 200
- Recipients
- +$66.8K
- General Payments vs PY2023
PhotoniCare Inc reported $437,525.51 across all CMS Open Payments tracks (General + Research + Ownership) to 200 physicians and teaching hospitals in Program Year 2024 - ranking #797 of 1,925 reporting manufacturers (0.0% of the all-tracks industry total); General Payments alone were $71,242.05, averaging $2.2K 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.
CMS Sunshine Act warrant
Manufacturer photonicare-inc PhotoniCare Inc
$437.5K · #797/1,925 · 0.0% industry · PY2024
- TOT $437.5K
- RANK #797
- SHARE 0.0%
- TXN 207
- RCP 200
- CAT 4
- GEN $71.2K
- ΔGEN +$66.8K
- TOP1 8.2%
- PY 2024
Volume peers
Nearest volume peer: Padagis US LLC ($436.5K)
PhotoniCare 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
PhotoniCare Inc's CMS-reported General Payments increased by $66.8K (+1518.1%) 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: PHOTONICARE INCPY2023: PHOTONICARE INCPY2024: PhotoniCare 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
- $4,402.72
- PY2024
- $71,242.05
What the Data Shows for PhotoniCare Inc
$437,525.51: that is what PhotoniCare Inc reported in payments to 200 physicians and teaching hospitals during Program Year 2024, spread across 207 transactions ($2.1K per transaction, $2.2K per recipient). The company sits at rank #797 of 1,925, a comparatively small 0.0% slice of all industry payments reported nationwide for the year.
Of the 4 general-payment categories charted below, "Debt Forgiveness" is the largest at $66.6K across 57 transactions, 93.4% of this company's General Payments (see our methodology for how research and ownership payments are reported separately).
General Payment Breakdown by Type
Across 4 types of general payments, PhotoniCare Inc's largest category was "Debt Forgiveness" at $66.6K - 93.4% of General Payments.
PhotoniCare Inc reports 4 general-payment categories - the top three are Debt Forgiveness (93.4%), Food and Beverage (3.9%), and Compensation for Services Other Than Consulting (2.1%). The remaining 1 category make up 0.5% of this company's reported general-payment total. That multi-category mix is the kind of profile single-category reporters cannot show.
How PhotoniCare Inc divides its payments
Top payment categories by total reported dollar volume
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Debt Forgiveness | $66.6K | 57 | 93.4% |
| Food and Beverage | $2.8K | 141 | 3.9% |
| Compensation for Services Other Than Consulting | $1.5K | 1 | 2.1% |
| Consulting Fee | $375.00 | 1 | 0.5% |
Recipient Concentration in General Payments
The five largest recipient relationships account for $24,839.81 (34.9%) of $71,242.05 in this company's General Payments records across 183 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 PhotoniCare Inc
The five named recipients with the highest reported General Payments from this company
- 1
Raza Pasha
$5,872.41 across 1 reported transactions
- 2
Philip Matorin
$5,872.41 across 1 reported transactions
- 3
Hector Ubaldo
$4,933.59 across 1 reported transactions
- 4
Haider Afzal
$4,661.40 across 1 reported transactions
- 5
David Maynoldi
$3,500.00 across 1 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 PhotoniCare 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 PhotoniCare Inc.
Companies with Similar Payment Volumes
Open a profile or compare a similar company's CMS-reported payment pattern with PhotoniCare Inc.
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Delphinus Medical Technologies, Inc.
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NeuroLogica Corporation, a subsidiary of Samsung Electronics Co., Ltd.
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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.
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.