CMS Open Payments · Program Year 2024
Precision Medical Products Inc.
Precision Medical Products Inc. reported $832.29 across General Payments, Research, and Ownership to 17 physicians and teaching hospitals across 17 transactions.
- $832.29 Below-median payer
- All-tracks total
- 17 Below-median volume
- Transactions
- 17 Below-median reach
- Recipients
- +$753.05
- General Payments vs PY2023
Precision Medical Products Inc. reported $832.29 across all CMS Open Payments tracks (General + Research + Ownership) to 17 physicians and teaching hospitals in Program Year 2024 - ranking #1854 of 1,925 reporting manufacturers (0.0% of the all-tracks industry total); General Payments alone were $832.29, averaging $48.96 per recipient.
Precision Medical Products Inc.'s payment reach score
Each tracked dimension is percentile-scored against the national companies corpus, then averaged across only the dimensions that apply to this company, a neutral scale measure of reporting activity, not a rating of quality, safety, or ethics.
Overall reach score
F
10/100
Total payments
F
10/100
Transaction volume
F
10/100
Physician reach
F
10/100
Payment type diversity
F
10/100
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 precision-medical-products-inc Precision Medical Products Inc.
$832.29 · #1854/1,925 · 0.0% industry · PY2024
- TOT $832.29
- RANK #1854
- SHARE 0.0%
- TXN 17
- RCP 17
- CAT 1
- GEN $832.29
- ΔGEN +$753.05
- TOP1 16.5%
- PY 2024
Volume peers
Nearest volume peer: Nuo Therapeutics ($833.09)
Precision Medical Products 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
Precision Medical Products Inc.'s CMS-reported General Payments increased by $753.05 (+950.3%) 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: PRECISION MEDICAL PRODUCTS INC.PY2023: PRECISION MEDICAL PRODUCTS INC.PY2024: Precision Medical Products 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
- $79.24
- PY2024
- $832.29
What the Data Shows for Precision Medical Products Inc.
CMS Open Payments is not a single ledger: the all-tracks total shown above is General Payments plus Research Payments plus Ownership/Investment interests, each with its own disclosure rules. For Precision Medical Products Inc. that figure is drawn almost entirely from the General Payments track (day-to-day consulting, meals, travel and speaking fees). Data for a given Program Year arrives roughly a year after the period it covers; our methodology page documents the release cadence and how we standardize the tracks for cross-company comparison.
"Food and Beverage" leads the 1-category general-payment breakdown below at $832.29 (100.0% of General Payments, 17 transactions) - see our methodology for how research and ownership payments are reported separately.
General Payment Breakdown by Type
Across 1 types of general payments, Precision Medical Products Inc.'s largest category was "Food and Beverage" at $832.29 - 100.0% of General Payments.
How Precision Medical Products Inc. divides its payments
How the reported total splits across payment categories
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Food and Beverage | $832.29 | 17 | 100.0% |
Recipient Concentration in General Payments
The five largest recipient relationships account for $465.17 (55.9%) of $832.29 in this company's General Payments records across 17 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 Precision Medical Products Inc.
The five named recipients with the highest reported General Payments from this company
- 1
Joseph Obrien
$137.06 across 1 reported transactions
- 2
Faheem Sandhu
$137.06 across 1 reported transactions
- 3
Robert Heary
$105.13 across 1 reported transactions
- 4
Faisal Mahmood
$42.96 across 1 reported transactions
- 5
Simon Smith
$42.96 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.
Spend vs. Concentration
Precision Medical Products Inc. ranks #1854 of 1,925 by total payments (bottom 4% by spend) but is notably more concentrated than that alone would suggest -- #1,058 of 1,838 by HHI (bottom 42% least concentrated). Its payments land on an unusually narrow set of recipients for its spend size.
View all 12 companies in this HHI neighborhood as a list
- Neptune Medical Inc. : $119.4K total payments, HHI 936
- Spirair, Inc. : $58.8K total payments, HHI 936
- Neoss, Inc. : $107.6K total payments, HHI 934
- Acist Medical Systems, Inc. : $163.3K total payments, HHI 931
- USA Angelalign Technology Corp : $100.0K total payments, HHI 930
- IntrinsiQ Specialty Solutions, Inc. : $1.3K total payments, HHI 926
- Precision Medical Products Inc. (this company) : $832.29 total payments, HHI 924
- CPM Medical Consultants, LLC : $2.4K total payments, HHI 919
- Acessa Health Inc. : $767.2K total payments, HHI 919
- Ortho Development Corporation : $3.6M total payments, HHI 918
- EDW Pharma, Inc. : $2.6K total payments, HHI 916
- Onkos Surgical, Inc. : $402.3K total payments, HHI 915
Similarly Concentrated Companies
Companies whose General Payments are spread across recipients about as (un)evenly as Precision Medical Products 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 Precision Medical Products Inc..
Companies with Similar Payment Volumes
Open a profile or compare a similar company's CMS-reported payment pattern with Precision Medical Products Inc..
Showing 6 of 1,924 companies with CMS-reported payment data.
McKesson Medical-Surgical Minnesota Supply, Inc
LockedBrands
Karl Storz Imaging, Inc.
Elekta LTD
SCA Pharmaceuticals, LLC
Put this to use
Precision Medical Products Inc. ranks #1854 of 1,925 by all-tracks total payments, led by "Food and Beverage".
- See how manufacturer spending compares across the full leaderboard. Top 100 by total payments
- Compare "Food and Beverage" spend across every manufacturer, not just Precision Medical Products Inc.. Payment type breakdowns
- New to Open Payments? Learn what these figures do and do not show. Read the guide
Reported payments reflect what companies disclosed to CMS; a payment is not evidence of wrongdoing.
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.