PlainPharmaWatch

CMS Open Payments · Program Year 2024

PhotoniCare Inc

PhotoniCare Inc reported $437,525.51 in payments to 200 physicians and teaching hospitals across 207 transactions.

See the rankings → How this is sourced
$437.5K
Total payments
207
Transactions
200
Recipients
+$66.8K
General Payments vs PY2023

PhotoniCare Inc reported $437,525.51 in payments to 200 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #797 of 1,925 reporting manufacturers (0.0% of all US industry payments), averaging $2.2K per recipient across 4 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

PhotoniCare Inc pairs above-median payment volume with an unusually diversified payment pattern across a wide recipient base.

#797
of 1,925 companies
0.0%
of all US industry payments
0.1%
paid to its single top recipient
4
payment categories

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. 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: 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$4.4KPY2024$71.2K
PY2023
$4,402.72
PY2024
$71,242.05

How PhotoniCare 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.

PhotoniCare Inc's total vs. every reporting company

CMS Open Payments, Program Year 2024

$437,526 Top 41% higher than 59% 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%). This entry sits in this band. $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 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, 15.2% of the company's reported total (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 - 15.2% of the company's reported total.

How PhotoniCare Inc divides its payments

Top payment categories by total reported dollar volume

1. Debt Forgiveness$66.6K2. Food and Beverage$2.8K3. Compensation for Services…$1.5K4. Consulting Fee$375.00
Payment Type Amount Transactions
Debt Forgiveness $66.6K 57
Food and Beverage $2.8K 141
Compensation for Services Other Than Consulting $1.5K 1
Consulting Fee $375.00 1

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. 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 PhotoniCare Inc

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

Raza Pasha$5.9KPhilip Matorin$5.9KHector Ubaldo$4.9KHaider Afzal$4.7KDavid Maynoldi$3.5K
  1. 1

    Raza Pasha

    $5,872.41 across 1 reported transactions

  2. 2

    Philip Matorin

    $5,872.41 across 1 reported transactions

  3. 3

    Hector Ubaldo

    $4,933.59 across 1 reported transactions

  4. 4

    Haider Afzal

    $4,661.40 across 1 reported transactions

  5. 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.

Payment Size Analysis

Average transaction size: $2.1K. Average per recipient: $2.2K.

Total Amount

$437,525.51

Avg per Transaction

$2.1K

Avg per Recipient

$2.2K

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

PhotoniCare Inc Share

0.0%

#797 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to PhotoniCare Inc

Padagis US LLC

$436.5K 0 recipients

Caption Health, Inc.

$438.6K 2 recipients

RedDress LTD

$439.2K 0 recipients

Delphinus Medical Technologies, Inc.

$435.0K 135 recipients

NeuroLogica Corporation, a subsidiary of Samsung Electronics Co., Ltd.

$434.8K 550 recipients

Magenta Medical Inc

$440.4K 39 recipients

Frequently Asked Questions

How much did PhotoniCare Inc pay to physicians and hospitals in 2024? ▾
0.0% of all industry payments reported to CMS Open Payments for 2024 came from PhotoniCare Inc, totaling $437,525.51 across 207 transactions to physicians and hospitals.
How many physicians received payments from PhotoniCare Inc? ▾
Averaging $2.2K per recipient, PhotoniCare Inc's 2024 payments reached 200 physicians and teaching hospitals.
What types of payments did PhotoniCare Inc make? ▾
4 categories of general payment make up PhotoniCare Inc's reported activity, including consulting, meals, travel, and similar types. The largest general-payment category was "Debt Forgiveness" at $66.6K, representing 15.2% of the company's reported total.
How does PhotoniCare Inc rank among pharmaceutical companies? ▾
PhotoniCare Inc ranks #797 out of 1,925 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from PhotoniCare Inc? ▾
The average transaction from PhotoniCare Inc was $2.1K in 2024. The company made 207 total transactions to 200 recipients.
Where does the payment data for PhotoniCare 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.